Common use of Cancellation and Prepayment Clause in Contracts

Cancellation and Prepayment. 9.1 The Borrower may, by giving to the Lender not less than thirty days' prior notice to that effect, cancel the whole or any part (being an amount or integral multiple of GBP100,000) of the Available Facility. 9.2 The Borrower may, if it has given to the Lender not less than thirty days' prior notice to that effect, prepay without penalty the whole of any Advance or any part of any Advance (being an amount or integral multiple of GBP100,000) on the last day of any Interest Period. 9.3 Any notice of cancellation or prepayment given by the Borrower pursuant to Clause 9.1 or 9.2 shall be irrevocable, shall specify the date upon which such cancellation or prepayment is to be made and the amount of such cancellation or prepayment and, in the case of a notice of prepayment, shall oblige the Borrower to make such prepayment on such date. 9.4 No principal shall be repaid until all outstanding amounts of interest have been paid. 9.5 The Borrower shall not repay all or any part of the Loan except at the times and in the manner expressly provided for in this Agreement and shall not be entitled to reborrow any amount repaid.

Cancellation and Prepayment. 9.1 The Borrower may, by giving to the Lender not less than thirty days' prior notice to that effect, cancel the whole or any part (being an amount or integral multiple of GBP100,000) of the Available Facility. 9.2 The Borrower may, if it has given to the Lender not less than thirty days' prior notice to that effect, prepay without penalty the whole of any Advance or any part of any Advance (being an amount or integral multiple of GBP100,000) on the last day of any Interest Period. 9.3 Any notice of cancellation or prepayment given by the Borrower pursuant to Clause 9.1 or 9.2 shall be irrevocable, shall specify the date upon which such cancellation or prepayment is to be made and the amount of such cancellation or prepayment and, in the case of a notice of prepayment, shall oblige the Borrower to make such prepayment on such date. 9.4 No principal shall be repaid until all outstanding amounts of interest have been paid. 9.5 The Borrower shall not repay all or any part of the Loan except at the times and in the manner expressly provided for in this Agreement and shall not be entitled to reborrow any amount repaid.

Cancellation and Prepayment. 9.1 The Borrower may, by giving to the Lender not less than thirty days' prior notice to that effect, cancel the whole or any part (being an amount or of integral multiple of GBP100,000$100,000) of the Available Facility. 9.2 The Borrower may, if it has given to the Lender not less than thirty days' prior notice to that effect, prepay without penalty the whole of any Advance or any part of any Advance (being an amount or integral multiple of GBP100,000$100,000) on the last day of any Interest Period. 9.3 Any notice of cancellation or prepayment given by the Borrower pursuant to Clause 9.1 or 9.2 shall be irrevocable, shall specify specific the date upon which such cancellation or prepayment is to be made and the amount of such cancellation or prepayment and, in the case of a notice of prepayment, shall oblige the Borrower to make such prepayment on such date. 9.4 No principal shall be repaid until all outstanding amounts of interest have been paid. 9.5 The Borrower shall not repay all or any part of the Loan except at the times and in the manner expressly provided for in this the Agreement and shall not be entitled to reborrow any amount repaid.