3.01 Termination of Agreement. WHEDA may terminate Lender’s rights hereunder to present Loan to WHEDA for guarantee at any time, with or without cause, by providing written notice of termination to Lender. Any such termination without cause shall be given at least ten business days before the effective date. This Agreement shall automatically terminate when any one of the following events take place: (i) all Loans guaranteed by WHEDA hereunder have been repaid; (ii) all the guarantee issued by WHEDA hereunder have termination; or (iii) no monies remain that are available to pay guarantee claims as determined by WHEDA.