Common use of Additional voluntary prepayment Clause in Contracts

Additional voluntary prepayment. The Borrowers may (in whole but not in part only), without premium or penalty, but without prejudice to their obligations under clauses 5.8, 10.5 and 16.2 if they have become obliged to pay additional amounts under clause 10.5 or 16.2 to any Bank or a Substitute Basis applies by virtue of clause 5.8: 8.5.1 prepay the Contribution to Advances of such Bank or, in the case of the application of a Substitute Basis, prepay any Bank's Contribution to which such Substitute Basis applies; and 8.5.2 pay an amount equal to the maximum possible liability of such Bank under clause 7.1 in respect of the Overdraft Facility and the Swingline Facility to the Agent to be held on a blocked account as cash collateral for that Bank's liabilities on terms satisfactory to the Agent (acting reasonably). Upon any notice of such prepayment being given, the Commitment of the relevant Bank shall be reduced to zero in respect of the Revolving Credit Facility, but such Bank's obligations under clauses 6 and 7 shall remain in full force and effect until the Agent notifies such Bank that it is satisfied that cash collateral has been received under clause 8.5.2 representing the full amount of that Bank's liabilities.

Additional voluntary prepayment. The Borrowers may (in whole but not in part only), without premium or penalty, but without prejudice to their obligations under clauses 5.8, 10.5 and 16.2 if they have become obliged to pay additional amounts under clause 10.5 or 16.2 to any Bank or a Substitute Basis applies by virtue of clause 5.8: 8.5.1 (a) prepay the Contribution to Advances of such Bank or, in the case of the application of a Substitute Basis, prepay any Bank's Contribution to which such Substitute Basis applies; and 8.5.2 (b) pay an amount equal to the maximum possible liability of such Bank under clause 7.1 in respect of the Overdraft Facility and the Swingline Facility to the Agent to be held on a blocked account as cash collateral for that Bank's liabilities on terms satisfactory to the Agent (acting reasonably). Upon any notice of such prepayment being given, the Commitment of the relevant Bank shall be reduced to zero in respect of the Revolving Credit FacilityFacilities, but such Bank's obligations under clauses 6 and 7 shall remain in full force and effect until the Agent notifies such Bank that it is satisfied that cash collateral has been received under clause 8.5.2 8.5(b) representing the full amount of that Bank's liabilities.