Termination Date; Continuance of Obligations, Etc Clause Samples

Termination Date; Continuance of Obligations, Etc. This Agreement, -------------------------------------------------- Bank's obligations to loan monies to Borrowers, and Borrowers' ability to borrow monies from Bank shall be in effect until the earlier to occur of the Revolving Credit Termination Date or the Early Termination Date. Notwithstanding the foregoing and until such date when Borrowers' Liabilities under this Agreement shall be paid in full, (i) Borrowers' obligations hereunder and under the Other Agreements shall continue, (ii) interest shall continue to be paid in accordance with the foregoing, and (iii) Bank shall retain all of its rights and remedies under this Agreement and provided further that the Security Agreement shall remain in effect until all Borrowers' Liabilities (whether or not arising from this Agreement) have been repaid or discharged in full. Upon notice from any of the parties hereto, the parties mutually agree to consult with each other at least forty-five (45) days prior to the Revolving Credit Termination Date with respect to extensions and/or renewals of the Revolving Credit Commitment.
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Related to Termination Date; Continuance of Obligations, Etc

  • Termination of Obligations Termination of this Agreement pursuant to Section 10.1 hereof shall terminate all obligations of the parties hereunder, except for the obligations under Article IX, Article X, and Sections 11.4, 11.7, 11.14, 11.15 and 11.16 hereof; provided, however, that termination pursuant to paragraphs (b) or (c) of Section 10.1 shall not relieve the defaulting or breaching party or parties from any liability to the other parties hereto.

  • Reinstatement of Obligations If at any time all or any part of any payment made by Indemnitor or received by Lender from Indemnitor under or with respect to this Agreement is or must be rescinded or returned for any reason whatsoever (including, but not limited to, the insolvency, bankruptcy or reorganization of Indemnitor or Borrower), then the obligations of Indemnitor hereunder shall, to the extent of the payment rescinded or returned, be deemed to have continued in existence, notwithstanding such previous payment made by Indemnitor, or receipt of payment by Lender, and the obligations of Indemnitor hereunder shall continue to be effective or be reinstated, as the case may be, as to such payment, all as though such previous payment by Indemnitor had never been made.

  • Non-Payment of Obligations Borrower shall default in the payment or prepayment when due of any principal of any Loan, or Borrower shall default (and such default shall continue unremedied for a period of five (5) Business Days) in the payment when due of any interest, fee or of any other obligation hereunder.

  • Termination and Default Either party, upon determination that the other party has failed or refused to perform or is otherwise in breach of any obligation or provision under this Agreement or the Contract Document, may give written notice of default to the defaulting party in the manner specified for the giving of notices herein. Termination of this Agreement by either party for any reason shall have no effect upon the rights or duties accruing to the parties prior to termination.

  • Repayment of Obligations Notwithstanding anything to the contrary contained herein, the Borrower shall repay the Advances Outstanding, all accrued and unpaid Yield, any Breakage Fees, Increased Costs, all accrued and unpaid costs and expenses of the Administrative Agent and Lenders and all other Obligations (other than unmatured contingent indemnification obligations) in full on the Facility Maturity Date.