Effect of Repayment and Prepayment on Commitments Sample Clauses
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Effect of Repayment and Prepayment on Commitments. If all or part of a Utilisation under a Facility is repaid or prepaid and is not available for redrawing (other than by operation of Clause 4.2 (Further conditions precedent)), an amount of the Commitments (equal to the Base Currency Amount of the amount of the Utilisation which is repaid or prepaid) in respect of that Facility will be deemed to be cancelled on the date of repayment or prepayment. Any cancellation under this Clause 12.7 shall reduce the Commitments of the Lenders rateably under that Facility.
Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in the Loan under the Facility is repaid or prepaid and is not available for redrawing, an amount of that Lender’s Commitment (equal to the amount of the participation which is repaid or prepaid) in respect of the Facility will be deemed to be cancelled on the date of repayment or prepayment.
Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a Utilisation under a Facility is repaid or prepaid and is not available for redrawing (other than by operation of Clause 4.2 (Further conditions precedent)), an amount of that Lender’s Commitment (equal to the amount of the participation which is repaid or prepaid) in respect of that Facility will be deemed to be cancelled on the date of repayment or prepayment.
Effect of Repayment and Prepayment on Commitments. If all or part of a Utilisation is repaid or prepaid and is not available for redrawing (other than by operation of Clause 4.2 (Further conditions precedent)), an amount of the Commitments (equal to the amount of the Utilisation which is repaid or prepaid) will be deemed to be cancelled on the date of repayment or prepayment. Any cancellation under this Clause 11.7 shall reduce the Commitments of the Lenders rateably.
Effect of Repayment and Prepayment on Commitments. If all or part of any ▇▇▇▇▇▇'s participation in the Loan is repaid or prepaid, an amount of that ▇▇▇▇▇▇'s Commitment equal to the amount of the participation which is repaid or prepaid will be deemed to be cancelled on the date of repayment or prepayment.
Effect of Repayment and Prepayment on Commitments. If all or part of a Utilisation under the Facility is repaid or prepaid, an amount of the Commitments (equal to the amount of the Utilisation which is repaid or prepaid) in respect of the Facility will be deemed to be cancelled on the date of repayment or prepayment. Any cancellation under this Clause 10.7 shall reduce the Commitments of the Lenders rateably under the Facility.
Effect of Repayment and Prepayment on Commitments. If all or part of a Loan is repaid or prepaid and is not available for redrawing, an amount of the Commitments will be deemed to be cancelled on the date of repayment or prepayment. Any cancellation (save in connection with any cancellation under paragraph (b) of Clause 7.1 (Illegality) or paragraph (b) of Clause 7.4 (Right of prepayment and cancellation in relation to a single Lender)) shall first reduce rateably between the Facility A Commitments, the Facility B Commitments and the Facility D Commitments (after the Facility D Commitment Date), and then reduce rateably the Commitments of the Lenders in that Facility.
Effect of Repayment and Prepayment on Commitments. (a) If all or part of a participation of a Lender in a Term Loan is repaid or prepaid and is not available for redrawing, that L▇▇▇▇▇'s Commitment under the relevant Facility shall be reduced and cancelled by an amount equal to the amount repaid or prepaid.
(b) Should there be more than one Loan that is required to be partially prepaid pursuant to the terms of this Agreement, the Company may designate which such Loans shall be prepaid under the applicable Facility and the amount of each such Loan to be prepaid, provided that the aggregate amount prepaid on each repayment date complies with the requirements of this Clause 9.8.
Effect of Repayment and Prepayment on Commitments. If all or part of Utilization under the Revolving Facility is repaid or prepaid and is not available for redrawing (other than by operation of Section 2.27 (Further Conditions Precedent)), an amount of the Revolving Facility Commitments (equal to the Base Currency Amount of the amount of the Revolving Facility Utilization which is repaid or prepaid) in respect of that the Revolving Facility will be deemed to be cancelled on the date of repayment or prepayment. Any cancellation under this Section 2.74 shall reduce the Revolving Facility Commitments of the Lenders under that the Revolving Facility ratably.
Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a Loan under a Tranche is repaid or prepaid and is not available for re-drawing (other than by operation of Clause 4.2 (Further conditions precedent)), an amount of that Lender’s Commitment (equal to the amount of such Lender’s participation in such Loan which is repaid or prepaid) in respect of that Facility will be deemed to be cancelled on the date of such repayment or prepayment.