Termination Clause Example with 6 Variations from Business Contracts

Termination. This Agreement will terminate upon the performance of all obligations of Debtor and Pledgor to Bank, Lender pursuant to the Loan Agreement, including without limitation, the payment of all Indebtedness of Debtor and Pledgor to Bank, Lender, and the termination of all commitments of Bank Lender to extend credit to Debtor, existing at the time Bank receives written notice from Debtor of the termination of this Agreement. Debtor.

Termination. This Agreement will terminate upon the performance of all obligations of Debtor to Bank, Bank secured hereby, including without limitation, the payment of all Indebtedness of Debtor to Bank, Bank secured hereby, and the termination of all commitments of Bank to extend credit to Debtor, Debtor that would constitute Indebtedness to Bank secured hereby, existing at the time Bank receives written notice from Debtor of the termination of this Agreement. 2 WBD (US) 46762908v5 4. OBLIGATIONS OF BANK. B...ank has no obligation to make any loans hereunder. Any money received by Bank in respect of the Collateral may be deposited, at Bank's option, into a non-interest bearing account over which Debtor shall have no control, and the same shall, for all purposes, be deemed Collateral hereunder. Bank shall not be required to apply such money to the Indebtedness or other obligations secured hereby or to remit such money to Debtor or to any other party until the full payment of all Indebtedness of Debtor to Bank secured hereby, and the termination of all commitments to Bank to extend credit to Debtor. View More

Termination. This Agreement will terminate upon the performance of all obligations of Debtor to Bank, Bank secured hereby, including without limitation, the payment of all Indebtedness of Debtor to Bank, Bank secured hereby, and the termination of all commitments of Bank to extend credit to Debtor, Debtor that would constitute Indebtedness to Bank secured hereby, existing at the time Bank receives written notice from Debtor of the termination of this Agreement. -2- 4. OBLIGATIONS OF BANK. Bank has no obligat...ion to make any loans hereunder. Any money received by Bank in respect of the Collateral may be deposited, at Bank's option, into a non-interest bearing account over which Debtor shall have no control, and the same shall, for all purposes, be deemed Collateral hereunder. Bank shall not be required to apply such money to the Indebtedness or other obligations secured hereby or to remit such money to Debtor or to any other party until the full payment of all Indebtedness of Debtor to Bank secured hereby, and the termination of all commitments to Bank to extend credit to Debtor. View More

Termination. This Agreement will terminate upon the performance of all obligations of Debtor to Bank, Lender including without limitation, the payment of all Indebtedness of Debtor to Bank, Lender, and the termination of all commitments of Bank Lender to extend credit to Debtor, existing at the time Bank receives written notice from Debtor of the termination of this Agreement. Debtor.

Termination. This Agreement will terminate upon the performance of all obligations of Debtor to Bank, Bank secured hereby, including without limitation, the payment of all Indebtedness of Debtor to Bank, Bank secured hereby, and the termination of all commitments of Bank to extend credit to Debtor, Debtor that would constitute Indebtedness to Bank secured hereby, existing at the time Bank receives written notice from Debtor of the termination of this Agreement.

Termination. This Agreement will terminate upon the performance of all obligations of Debtor to Bank, Bank secured hereby, including without limitation, the payment of all Indebtedness of Debtor to Bank, Bank secured hereby, and the termination of all commitments of Bank to extend credit to Debtor, Debtor that would constitute Indebtedness secured hereby, existing at the time Bank receives written notice from Debtor of the termination of this Agreement.