Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 5 contracts
Sources: Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.)
Voluntary cancellation. The Borrower may, if it gives they give the Agent not less than five (5) 5 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000USD10,000,000) of an Available Facilitythe Total Commitments. Any cancellation under this Clause 7.2 7.8 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 4 contracts
Sources: Facility Agreement, Facility Agreement, Facility Agreement (Hoegh LNG Partners LP)
Voluntary cancellation. The Borrower may, if it gives by giving the Agent not less than five three (53) Business Days’ (or such shorter period as the Majority Lenders may agree) Days prior written notice, permanently reduce, cancel or terminate all or part of the whole unutilised portions of the Commercial Facility Loan Commitment or any all or part of the Revolving Facility Commitment (being but if in part, in a minimum amount of £USD 1,000,000 and in integral multiples of USD 1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility).
Appears in 4 contracts
Sources: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000USD 500,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.5 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 4 contracts
Sources: Single Currency Revolving Facility Agreement (StoneX Group Inc.), Revolving Facility Agreement (StoneX Group Inc.), Usd 75,000,000 Single Currency Revolving Facility Agreement (StoneX Group Inc.)
Voluntary cancellation. The Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than thirty-five (535) Business Daysdays’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 3 contracts
Sources: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably rateably. Any amounts cancelled under that Facilitythis Clause 7.3 may not be reinstated.
Appears in 3 contracts
Sources: Facility Agreement (Bunge LTD), Facility Agreement (Bunge LTD), Facility Agreement (Bunge LTD)
Voluntary cancellation. The A Borrower (or the Company on its behalf) may, if it gives the Facility Agent not less than five (5) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$5,000,000 or EUR5,000,000) of an Available Facility. Any cancellation under this Clause 7.2 clause 8.1 shall reduce the Commitments Proposed Participations of the Lenders rateably under that Facility.
Appears in 3 contracts
Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.), Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.), Borrowing Base Facility Agreement (Aegean Marine Petroleum Network Inc.)
Voluntary cancellation. The Each Borrower may, if it gives they give the Agent not less than five (5) 10 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) USD 1,000,000 of an Available Facilitythe undrawn amount of the relevant Tranche). Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 3 contracts
Sources: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) two Business Days’ ' (starting from the Specified Time) (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably rateably. Any amounts cancelled under that Facilitythis Clause 8.3 may not be reinstated.
Appears in 3 contracts
Sources: Facility Agreement (Bunge Global SA), Revolving Facility Agreement (Bunge Global SA), Facility Agreement (Bungeltd)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, notice cancel the whole or any part (being a minimum amount of £1,000,000USD 100,000,000) of an any Available Facility. Any cancellation under this Clause 7.2 7.5 shall reduce the Commitments of the Lenders rateably under that FacilityFacility rateably.
Appears in 2 contracts
Sources: Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi), Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi)
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Agent not less than five (5) Business Days’ 14 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$500,000) of an Available Facilitythe undrawn amount of a Tranche. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Secured Loan Facility Agreement (Diana Containerships Inc.), Secured Loan Agreement (Diana Containerships Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000Euro 25,000,000 and in integral multiples of Euro 5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.7 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Amending Agreement (Sappi LTD), Facility Agreement (Sappi LTD)
Voluntary cancellation. The Borrower Company may, if it gives the Facility Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000€5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.8 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Squeeze Out Facility Agreement (Coca-Cola HBC AG), Squeeze Out Facility Agreement (Coca-Cola HBC AG)
Voluntary cancellation. The Borrower Borrowers may, if it gives by giving the Agent not less than five ten (510) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (but if in part, being a minimum amount of £1,000,000) USD 5,000,000 of an the Available Facility, or such lower amount as the Majority Lenders should agree to). Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount and an integral multiple of £$1,000,000) of an Available the Maximum Facility. Any cancellation under this Clause 7.2 9.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Borrowing Base Facility Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior written notice, cancel reduce the whole Available Facility to zero or any part by such amount (being a minimum amount of £1,000,000) USD50,000,000 and an integral multiple of an USD5,000,000 or, if less, the Available Facility) as the Borrower may specify in such notice. Any cancellation such reduction under this Clause 7.2 7.5 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Loan Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000USD 5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Facility Agreement (Polestar Automotive Holding UK PLC), Facility Agreement (Polestar Automotive Holding UK PLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000U.S.$5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)
Voluntary cancellation. The A Borrower (or the Parent on behalf of a Borrower) may, if it gives the Agent not less than five (5) Business Days’ three days (or such shorter period as the Majority Lenders may agree) prior noticenotice which is then irrevocable, cancel the whole or any part (being a minimum amount of £1,000,000$5,000,000 (and an integral multiple of $1,000,000 thereafter)) of an the Available Facility. Any cancellation under this Clause 7.2 10.4 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Facilities Agreement (Signet Jewelers LTD), Facilities Agreement (Signet Jewelers LTD)
Voluntary cancellation. The Borrower Borrowers may, if it gives the Facility Agent not less than five ten (510) Business Days’ ' (or such shorter period as the Majority Lenders Facility Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of £USD 5,000,000 and in multiples of USD 1,000,000) of an Available the Facility. Any cancellation under this Clause 7.2 8.3 shall reduce the Commitments under the Facility of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000U.S.$10,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Credit Facility Agreement (Lafarge), Credit Facility Agreement (Lafarge)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business 5 RFR Banking Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000US$500,000 (or its equivalent in A$) and integral multiples thereof or, if less, the balance of a Facility) of an Available FacilityFacility before the end of its Availability Period. Any cancellation under this Clause 7.2 9.5 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Syndicated Facility Agreement (Metals Acquisition LTD), Syndicated Facility Agreement (Metals Acquisition Corp)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five ten (510) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) USD 5,000,000 of an the Available Facility, or such lower amount as the Majority Lenders should agree to). Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,0005,000,000 (or its equivalent in other currencies)) of an any Available Facility. Any cancellation under this Clause 7.2 8.4 shall reduce pro rata the Commitments of the Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Mandate Letter, Term Loan Facilities Agreement
Voluntary cancellation. The Borrower may, if it gives they give the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000USD10,000,000) of an Available Facilitythe Total Commitments. Any cancellation under this Clause 7.2 7.8 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being in a minimum amount of £1,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.5 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) $1,000,000 and a multiple of an Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments $1,000,000 of any part of the Lenders rateably under that FacilityAvailable Facility which is undrawn at the proposed date of cancellation.
Appears in 2 contracts
Sources: Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.)
Voluntary cancellation. The Borrowers, or the Guarantor if no Borrower has acceded to the Agreement, may, if it gives they give the Agent not less than five fifteen (515) Business Days’ days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) USD 500,000 of an the Available Facility. Any cancellation under this Clause 7.2 7.1 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under that Facilityproportionately.
Appears in 2 contracts
Sources: Term Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) ten Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum an amount which is an integral multiple of £$1,000,000) of an Available Facilitythe undrawn amount of the Loan. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Loan Agreement (Scorpio Bulkers Inc.), Secured Loan Agreement (Scorpio Bulkers Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £USD 1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate Corp)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 20 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$25,000,000) of an Available Facility. Any cancellation under this Clause 7.2 7.4 shall reduce the Commitments of the Lenders rateably under that the Facility.
Appears in 2 contracts
Sources: Facility Agreement (Aluminum Corp of China), Senior Secured Facility Agreement (Aluminum Corp of China)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) ten Business Days’ (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of £US$1,000,000) of an Available Facility. Any cancellation under this Clause clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)
Voluntary cancellation. The A Borrower may, if it gives the Agent by giving not less than five three (53) Business Days’ prior written notice to the Agent (or such shorter period as the Majority Lenders Agent may agree) prior notice), cancel the whole or any part of the Available Facility (but, if in part, in an amount being a minimum amount of £1,000,000) of an Available FacilityUSD 5,000,000). Any cancellation under this Clause 7.2 7.4 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term and Revolving Facilities Agreement
Voluntary cancellation. The Each Borrower may, if it gives the Agent not less than five (5) 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000€10,000,000 with respect to Facility A or Facility C, and US$10,000,000 with respect to Facility B) of an Available Facility. Any cancellation under this Clause 7.2 8.4 shall reduce the Commitments of the Facility A Lenders or, as the case may be, Facility B Lenders or, as the case may be, Facility C Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Facilities Agreement (Luxottica Group Spa), Facilities Agreement (Luxottica Group Spa)
Voluntary cancellation. The Borrower, or the Guarantor if no Borrower has acceded to the Agreement, may, if it gives they give the Agent not less than five ten (510) Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000the aggregate of two instalments or multiples thereof) of an the Available Facility. Any cancellation under this Clause 7.2 7.1 (Voluntary cancellation) shall occur on a Payment Date and reduce the Commitments of the Lenders rateably under that Facilityproportionately.
Appears in 2 contracts
Sources: Amendment and Restatement Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$5,000,000) of an Available the Facility. Any Upon any such cancellation under this Clause 7.2 the Total Commitments shall reduce be reduced by the same amount and the relevant Commitments of the Lenders rateably under that Facilityreduced pro rata.
Appears in 2 contracts
Sources: Facility Agreement (Cool Co Ltd.), Facility Agreement (Cool Co Ltd.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000Euro 10,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 10.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Credit Facility Agreement (Lafarge), Credit Facility Agreement (Lafarge)
Voluntary cancellation. The Borrower may, if it gives the Agent by giving not less than five three (53) Business Days’ prior written notice to the Agent (or such shorter period as the Majority Lenders Agent may agree) prior notice), cancel the whole or any part of the Available Facility (but, if in part, in an amount being a minimum amount of £1,000,000) of an Available FacilityUSD 5,000,000). Any cancellation under this Clause 7.2 7.4 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Term Facility Agreement, Term Facility Agreement (KNOT Offshore Partners LP)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000€5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Facility Agreement (Nordic Telephone CO ApS), Facility Agreement (Nordic Telephone CO ApS)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Agent not less than five (5) Business Days’ 7 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £$1,000,000 or a larger amount which is an integral multiple of $1,000,000) of an Available FacilityFacility and subject to payment of a cancellation fee of 0.5% of the principal amount cancelled. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 2 contracts
Sources: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)
Voluntary cancellation. The Borrower maymay at any time prior to Utilisation, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders Agent may agree) prior written notice, cancel the whole or any part (being a minimum amount and integral multiple of £1,000,000A$5,000,000) of an Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that FacilityTotal Commitments.
Appears in 2 contracts
Sources: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)
Voluntary cancellation. The Each Borrower may, if it gives the Agent not less than five (5) 7 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000€10,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Multicurrency Revolving Facility Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa)
Voluntary cancellation. The (a) Subject to paragraph (b) below, the Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ ' (or such shorter period as the Majority all Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 8.1 shall reduce the Commitments of the Lenders rateably under that Facility.
(b) The Borrower shall not cancel any part of the Available Commitment with respect to a Facility on or prior to the Closing Date.
Appears in 2 contracts
Sources: Senior Term Facilities Agreement (CorpAcq Group PLC), Senior Term Facilities Agreement (CorpAcq Group PLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (but, if in part, being a minimum amount of £1,000,000$5,000,000) of an the Available FacilityFacility in respect of Tranche A or Tranche B as specified in such notice. Any cancellation under this Clause 7.2 shall reduce the Commitments Tranche A Commitment or Tranche B Commitment of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Single Currency Term Facility Agreement (Bristol Myers Squibb Co), Single Currency Term Facility Agreement (Bristol Myers Squibb Co)
Voluntary cancellation. The Borrower Company may, if it gives the Facility Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000€5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.9 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Bond Bridge Facility Agreement (Coca-Cola HBC AG), Bond Bridge Facility Agreement (Coca-Cola HBC AG)
Voluntary cancellation. The A Borrower may, if it gives the Agent not less than five thirty (530) Business Days’ (or such shorter period as the Majority Lenders or, with regards to any Facility B Commitment, the Facility B Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000USD 2,500,000 or integral multiples thereof) of an the Available FacilityFacilities. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilitythe cancelled Facilities.
Appears in 2 contracts
Sources: Senior Secured Credit Facilities Agreement, Senior Secured Credit Facilities Agreement (KNOT Offshore Partners LP)
Voluntary cancellation. The A Borrower may, if it gives the Agent not less than five (5) 10 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) 5,000,000 of an Available Facilitythe Total Commitments. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Facility Agreement (Hines Global REIT, Inc.), Facility Agreement (Hines Global REIT, Inc.)
Voluntary cancellation. (a) The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, cancel the whole or any part (being a minimum amount of £1,000,000EUR 20,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
(b) Any part of the Available Commitments undrawn on the last day of the Availability Period shall be automatically cancelled in full.
Appears in 2 contracts
Sources: Credit Facility Agreement (Saturn Expansion Corp), Credit Facility Agreement (Sap Ag)
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Facility Agent not less than five ten (510) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount an integral multiple of £the Approved Currency Equivalent of US$250,000 and not less than the Approved Currency Equivalent of US$1,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.2 shall reduce the Commitments of the Lenders rateably under that Facilityon the Pro Rata Basis.
Appears in 2 contracts
Sources: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)
Voluntary cancellation. The Each Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior noticenotice (in form of a Cancellation Notice), cancel the whole or any part (being a minimum amount of £1,000,000EUR 5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.2 shall reduce the Commitments of the Lenders rateably under that the Facility.
Appears in 2 contracts
Sources: Revolving Facilities Agreement (Molson Coors Brewing Co), Unsecured Uncommitted Revolving Facilities Agreement (Molson Coors Brewing Co)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, cancel the whole or any part (being a minimum amount of £1,000,000EUR 20,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Credit Facility Agreement (Sap Ag), Credit Facility Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)
Voluntary cancellation. The Borrower maymay at any time during the Availability Period, if it gives the Facility Agent not less than five (5) four Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 clause 7.4 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 2 contracts
Sources: Term Facility Agreement (Coeur D Alene Mines Corp), Term Facility Agreement (Coeur D Alene Mines Corp)
Voluntary cancellation. a) The Borrower may, if it gives they give the Agent not less than five three (53) Business Days’ (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (part, being an amount that reduces the Total Commitments by a minimum amount of £USD 1,000,000 and in integral multiples of USD 1,000,000.
b) of an Available Facility. Any cancellation under this Clause 7.2 7.6 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)
Voluntary cancellation. The Borrower may, if it gives the Agent Agents not less than five (5) 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000equal to KRW25,000,000,000) of an Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 1 contract
Sources: Loan Agreement (Hanarotelecom Inc)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £US$1,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that the Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000US$10,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.6 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Single Currency Term Facility Agreement (General Geophysics Co)
Voluntary cancellation. The (a) A Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being of an Available Facility but if in part subject to a minimum amount of:
(i) in respect of £Facility A, GBP 1,000,000; and
(ii) in respect of an Available the Revolving Facility. , GBP 500,000.
(b) Any cancellation under this Clause 7.2 10.2 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 1 contract
Sources: Senior Facilities Agreement
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders Banks may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000US$5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably under that FacilityBanks rateably.
Appears in 1 contract
Sources: Multicurrency Guarantee Facility Agreement (Acergy S.A.)
Voluntary cancellation. The Relevant Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £US$10,000,000 and an integral multiple of US$1,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Multicurrency Revolving Credit Facility Agreement (Energizer Holdings Inc)
Voluntary cancellation. The Subject to Clause 7.9 (Restrictions), the Borrower may, if it gives the Agent not less than five (5) 30 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000€500,000) of an the Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments rateably. No prepayment fee shall be paid in respect of the Lenders rateably under that Facilitya voluntary cancellation pursuant to this Clause 7.2.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$6,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The A Borrower may, if it gives the Agent by giving not less than five three (53) Business Days’ prior written notice to the Agent (or such shorter period as the Majority Lenders Agent may agree) prior notice), cancel the whole or any part of the Available Facility (but, if in part, in an amount being a minimum amount of £1,000,000) of an Available FacilityUSD 5,000,000). Any cancellation under this Clause 7.2 7.5 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 1 contract
Sources: Term and Revolving Facilities Agreement (KNOT Offshore Partners LP)
Voluntary cancellation. The Each Borrower maymay cancel the whole or any part (being a minimum amount of EUR 1,000,000) of an Available Facility, if it gives the Facility Agent not less than five (5) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 11.7 shall reduce the Commitments of the Lenders and the unutilised Fronting Sublimits of the Issuing Banks rateably under that the relevant Facility.
Appears in 1 contract
Sources: Multicurrency Revolving Credit and Bank Guarantee Facilities (Elster Group SE)
Voluntary cancellation. The Borrower may, if it gives the Facility Agent not less than five (5) Business Days10 days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000PLN 10,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 clause 7.3 shall reduce the Commitments of the all Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £US$1,000,000 and an integral multiple of US$1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 7.1 shall reduce the Commitments of the Lenders rateably under that with respect to the Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 10 Business Days’ (or such shorter period as the Majority Lenders may agree) ' prior notice, cancel the whole or any part (being a minimum amount of £1,000,000CHF []) of an the Available Facility. Any cancellation under this Clause 7.2 10.4 shall reduce the relevant Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Development Facility Agreement
Voluntary cancellation. a) The Borrower Borrowers may, if it gives they give the Agent not less than five three (53) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (part, being an amount that reduces the Total Commitments by a minimum amount of £USD 5,000,000 and in integral multiples of USD 1,000,000.
b) of an Available Facility. Any cancellation under this Clause 7.2 7.6 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount and an integral multiple of £dollars one million ($1,000,000)) of an Available the Maximum Facility. Any cancellation under this Clause 7.2 9.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. (a) The relevant Borrower may, if it gives the Agent not less than five (5) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000€5,000,000) of an the Available Facility. .
(b) Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Senior Facility Agreement (International Game Technology PLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) ten Business Days’ ' (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of £US$1,000,000) of an Available Facility. Any cancellation under this Clause clause 7.2 shall reduce the Commitments of the Lenders rateably under that FacilityFacility rateably.
Appears in 1 contract
Sources: Facilities Agreement (Navios Maritime Holdings Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £euro 5,000,000 and if greater, in an integral multiple of euro 1,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 9.4 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. (a) The relevant Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) €5,000,000 of an the Available Facility. .
(b) Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Facilities Agreement (International Game Technology PLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £US$1,000,000 and an integral multiple of US$1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 7.1 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Original Borrower may, :
(a) if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice; or
(b) in connection with the Separation, immediately without prior notice, cancel the whole or any part (being a minimum amount of £1,000,00020,000,000 in multiples of £5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.6 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 30 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000the US$150,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.10 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Facility Agreement (China Shandong Industries, Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,00010,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 8.6 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. (a) The Borrower may, if it gives the Facility Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000U.S.$5,000,000) of an the Available Facility. , provided that any such cancellation of the Facility shall be subject to provision of satisfactory evidence that the Borrower will have sufficient funds to consummate the Acquisition and pay for all of the Pro Forma Uses (as defined in Part IB of Schedule 2 (Conditions Precedent)).
(b) Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. (a) The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000(pound)5,000,000) of an Available Facility. Any cancellation under this Clause 7.2 7.4 shall reduce the Commitments Commitment of the Lenders each Lender rateably under that Facility.
Appears in 1 contract
Sources: Facility Agreement (Solutia Inc)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five ten (510) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000USD 1,000,000 or if less, the undrawn amount) of an the Available Facility. Any cancellation under this Clause 7.2 9.4 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Senior Reserve Base Lending Facility Agreement (Fx Energy Inc)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel reduce the whole Available Facility to zero or any part (if the Borrower can provide evidence reasonably satisfactory to the Agent that, notwithstanding such cancellation, it would still be Fully Funded) by such amount (being a minimum amount of £1,000,000) of an Available FacilityUSD5,000,000, as the Borrower may specify in any such notice. Any cancellation such reduction under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Agent not less than five (5ten) 10 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part of a Tranche (but, if in part, being a minimum an amount which is an integral multiple of £1,000,000) of an Available Facilityfive hundred and ten thousand Dollars ($510,000). Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, cancel the whole or any part (being a minimum amount of £1,000,000$25,000,000) of an Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 1 contract
Sources: Facility Agreement (MTS Inc)
Voluntary cancellation. The Borrower may, if it gives the Agent Lenders not less than five (5) two Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 7.4 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Without penalty or cost, the Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000Euro 10,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that the Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000EUR1,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 10.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Facility Agreement (Schroder Ventures International Investment Trust PLC)
Voluntary cancellation. (a) The Borrower may, if it gives the Agent not less than five (5) 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, cancel the whole or any part (being a minimum amount of £1,000,000$25,000,000 or its equivalent in euros) of an Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility.
(b) The Borrower shall not cancel any part of the Available Commitment of a Facility unless at the same time it cancels a pro rata amount of the Available Commitments for the other Facility.
Appears in 1 contract
Voluntary cancellation. The Relevant Borrower may, if it gives the Agent not less than five (5) three Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000US$10,000,000) of an Available Facility. Any cancellation under this Clause 7.2 10.3 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 1 contract
Sources: Senior Facilities Agreement (Anheuser-Busch InBev S.A.)
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Facility Agent not less than five (5) 10 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior indicative notice and five Business Day's (or such shorter period as the Majority Lenders may agree) confirmative and irrevocable notice, cancel the whole or any part (being a minimum amount of £1,000,000$500,000) of an Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility.Available
Appears in 1 contract
Voluntary cancellation. The Subject to Clause 7.3 (Voluntary prepayment of Loans) the Borrower may, if it gives the Agent not less than five (5) seven Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000US$5,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount Base Currency Amount of £1,000,000€10,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 clause 8.5 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000USD 2,500,000 and in multiples thereof) of an Available the Facility. Any cancellation under this Clause 7.2 7.1 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under that Facilityproportionately.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 30 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000US$100,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £US$1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 9.2 in respect of any Facility shall reduce the Commitments Commitment of the Lenders each Lender rateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower may, on the last day of an Interest Period, if it gives the Agent not less than five ten (510) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (but if in part, being in a minimum amount of £1,000,000USD 250,000 and in integral multiples of USD 250,000) of an Available Facilitythe Total Commitments. Any cancellation under this Clause 7.2 7.4 shall reduce the Commitments of the Lenders rateably under that the Facility.
Appears in 1 contract
Sources: Term Loan Agreement (Helix Energy Solutions Group Inc)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000$25,000,000) of an the Available Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Facility Agreement (AstraZeneca Biopharmaceuticals Inc.)
Voluntary cancellation. The Borrower Obligors’ Agent may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £US$1,000,000) of an Available Facility. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Agent not less than five (5) 5 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum an amount which is an integral multiple of $1,000,000 of the undrawn amount of £1,000,000) of an Available Facilitya Tranche. Any cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Second Supplemental Agreement to a Secured Loan Agreement (Scorpio Tankers Inc.)
Voluntary cancellation. The A Borrower may, if it gives the Agent not less than five (5) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000GBP 25,000,000 and an integral multiple of GBP 5,000,000) of an the Available Facility under the relevant Facility. Any cancellation under this Clause 7.2 7.4 shall reduce the Commitments of the Lenders rateably under that Facilitythe relevant Facility rateably.
Appears in 1 contract
Sources: Facilities Agreement
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five ten (510) Business Days’ (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of £1,000,000USD 1,000,000 and in integral multiples thereof) of an Available the Facility. Any cancellation under this Clause 7.2 7.3 shall reduce the Commitments under the Facility of the Lenders rateably under that Facilityrateably.
Appears in 1 contract
Sources: Term Loan Facility Agreement (KNOT Offshore Partners LP)