Common use of Irrevocability Clause in Contracts

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice given by the Borrower hereunder shall be irrevocable and, subject to any options the Lenders may have hereunder in regard thereto and the Borrower’s rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 16 contracts

Sources: Credit Agreement (Greenfire Resources Ltd.), Credit Agreement (Obsidian Energy Ltd.), Credit Agreement (Hammerhead Energy Inc.)

Irrevocability. A Drawdown Notice, Rollover Conversion Notice, Conversion Rollover Notice or Repayment Notice given by the Borrower hereunder shall be irrevocable and, subject to any options the Lenders Lender may have hereunder in regard thereto and the Borrower’s rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 7 contracts

Sources: Credit Agreement, Credit Agreement, Credit Agreement

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice given by the Borrower hereunder shall be irrevocable and, subject to any options the Lenders may have hereunder in regard thereto and the Borrower’s 's rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 7 contracts

Sources: Credit Agreement (Obsidian Energy Ltd.), Credit Agreement (Obsidian Energy Ltd.), Credit Agreement

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice Rollover Notice, as the case may be, given by the Borrower hereunder shall be irrevocable and, subject to any options the Lenders may have hereunder in regard thereto and the Borrower’s rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 3 contracts

Sources: Credit Agreement (Points International LTD), Credit Agreement (Sierra Wireless Inc), Credit Agreement (Sierra Wireless France SAS)

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice given by the a Borrower hereunder shall be irrevocable and, subject to any options the relevant Lenders may have hereunder in regard thereto and the applicable Borrower’s rights hereunder in regard thereto, shall oblige the such Borrower to take the action contemplated on the date specified therein.

Appears in 3 contracts

Sources: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Credit Facilities (Baytex Energy Corp.)

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice Rollover Notice, as the case may be, given by the a Borrower hereunder shall will be irrevocable and, subject to any options the Lenders may have hereunder in regard thereto and the Borrower’s rights hereunder in regard thereto, shall will oblige the such Borrower to take the action contemplated on the date specified therein.

Appears in 2 contracts

Sources: Credit Agreement (Just Energy Group Inc.), Credit Agreement (Just Energy Group Inc.)

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice given by the Borrower hereunder shall be irrevocable and, subject to any options the Lenders Lender may have hereunder in regard thereto and the Borrower’s rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 2 contracts

Sources: Credit Agreement (Powell Industries Inc), Credit Agreement (Powell Industries Inc)

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice given by the a Borrower hereunder shall be irrevocable and, subject to any options the relevant Lenders may have hereunder in regard thereto and the applicable Borrower’s 's rights hereunder in regard thereto, shall oblige the such Borrower to take the action contemplated on the date specified therein.

Appears in 2 contracts

Sources: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice given by the a Borrower hereunder shall be irrevocable and, subject to any options the Lenders may have hereunder in regard thereto and the such Borrower’s rights hereunder in regard thereto, shall oblige the such Borrower to take the action contemplated on the date specified therein.

Appears in 2 contracts

Sources: Credit Agreement (Enerflex Ltd.), Credit Agreement (Nexen Inc)

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice given by the Borrower hereunder shall will be irrevocable and, subject to any options the Lenders may have hereunder in regard thereto and the Borrower’s 's rights hereunder in regard thereto, shall will oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 1 contract

Sources: Credit Agreement (Provident Energy Trust)

Irrevocability. A Drawdown Notice, Rollover Notice, Notice or Conversion Notice given or Repayment Notice deemed to be given by the Borrower hereunder shall be irrevocable and, subject to any options the Lenders may have hereunder in regard thereto and the Borrower’s 's rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 1 contract

Sources: Credit Agreement (Keyspan Corp)

Irrevocability. A Drawdown Notice, Rollover Notice, Conversion Notice or Repayment Notice given by the Borrower hereunder shall be irrevocable and, subject to any options the Lenders may have hereunder in regard thereto and the Borrower’s rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 1 contract

Sources: Subordinated Debt Agreement

Irrevocability. A Except as provided for in Section 8.2, a Drawdown Notice, Rollover Conversion Notice, Conversion Rollover Notice or Repayment Notice given by the Borrower hereunder shall be irrevocable (unless otherwise agreed to by the Lender) and, subject to any options the Lenders Lender may have hereunder in regard thereto and the Borrower’s rights hereunder in regard thereto, shall oblige the Borrower to take the action contemplated on the date specified therein.

Appears in 1 contract

Sources: Credit Agreement