Common use of Mandatory Reduction Prepayment and Cancellation Clause in Contracts

Mandatory Reduction Prepayment and Cancellation. Total Loss or sale

Appears in 3 contracts

Sources: Senior Secured Term Loan and Revolving Credit Facility Agreement, Senior Secured Term Loan and Revolving Credit Facility Agreement (Seadrill Partners LLC), Senior Secured Term Loan and Revolving Credit Facility Agreement (Seadrill Partners LLC)

Mandatory Reduction Prepayment and Cancellation. 10.1 Total Loss or sale

Appears in 1 contract

Sources: Senior Secured Credit Facility Agreement