Voluntary cancellation. The Company 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, reduce the Available Facility to zero or by such amount (being a minimum amount of US$5,000,000) as the Company may specify in such notice. Any such reduction under this Clause 7.2 shall reduce the Commitments of the Lenders rateably.
Appears in 5 contracts
Sources: Facility Agreement, Facility Agreement (Alibaba Group Holding LTD), Facility Agreement (Alibaba Group Holding LTD)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) three Business Days’ ' prior written notice (or such shorter period as the Majority Lenders may agree) prior notice), reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$EUR 5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 5 contracts
Sources: Syndicated Loan Agreement (Hillenbrand, Inc.), Syndicated L/G Facility Agreement (Hillenbrand, Inc.), Syndicated Loan Agreement (Hillenbrand, Inc.)
Voluntary cancellation. The Company may, if it gives the Facility Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000euro 25,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation in part under this Clause 7.2 shall reduce 8.3 will be applied against the Commitments Commitment of the Lenders rateablyeach Lender pro rata.
Appears in 4 contracts
Sources: Syndicated Revolving Credit Agreement (Ibasis Inc), Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Syndicated Revolving Credit Agreement (Koninklijke KPN N V)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) 10 Business Days’ (or such shorter period as the Majority Facility B Lenders or Majority Facility C Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being in the case of Facility B a minimum amount of US$5,000,000€5,000,000 and in integral multiples of €500,000 and in the case of Facility C, USD5,000,000 and integral multiples of USD500,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 9.9 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 4 contracts
Sources: Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA)
Voluntary cancellation. The Company Obligors’ Agent may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$EUR 5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce the Commitments of the Lenders rateably.
Appears in 3 contracts
Sources: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)
Voluntary cancellation. The Company may, if it gives the Facility Agent not less than five (5) three Business Days’ (or such shorter period as agreed by the Majority Lenders may agreeCompany and the Facility Agent) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000€1,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.7 shall (subject to the provisions of Clause 6.1(f) (Utilisation of Ancillary Facilities) reduce the Commitments of the Lenders rateablyrateably under the Facilities.
Appears in 3 contracts
Sources: Senior Facilities Agreement (Liberty Global PLC), Super Senior Facilities Agreement (Liberty Global PLC), Senior Facilities Agreement (Liberty Global PLC)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$£5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably.
Appears in 3 contracts
Sources: Facility Agreement (Best Buy Co Inc), Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD), £110,000,000 Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) three Business Days’ prior written notice (or such shorter period as the Majority Lenders may agree) prior notice), reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$EUR 5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 3 contracts
Sources: Syndicated L/G Facility Agreement (Hillenbrand, Inc.), Amendment Agreement (Hillenbrand, Inc.), Syndicated Loan Agreement (Hillenbrand, Inc.)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000EUR10,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce the Commitments of the Lenders rateably.
Appears in 2 contracts
Sources: Facility Agreement, Facility Agreement (VTTI Energy Partners LP)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$Euro 25,000,000 and in integral multiples of Euro 5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.5 shall reduce the Commitments of the Lenders rateably.
Appears in 2 contracts
Sources: Credit Agreement (Sappi LTD), Credit Agreement (Sappi LTD)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000USD 50,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 2 contracts
Sources: Facility Agreement (Eksportfinans Asa), Facility Agreement (Eksportfinans Asa)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000JPY25,000,000 and a multiple of JPY25,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 2 contracts
Sources: Facility Agreement (Synnex Corp), Facility Agreement (Synnex Corp)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$€5,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 11.4 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 2 contracts
Sources: Facility Agreement (Rockwood Specialties Group Inc), Facility Agreement (Rockwood Specialties Group Inc)
Voluntary cancellation. The Company Guarantor may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders Banks may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000U.S.$5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments Stated Amounts of the Lenders Banks rateably.
Appears in 2 contracts
Sources: Facility Agreement (Platinum Underwriters Holdings LTD), Facility Agreement (Platinum Underwriters Holdings LTD)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000USD 20,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Lenders’ Commitments of the Lenders under that Facility rateably.
Appears in 2 contracts
Sources: Term Loan Facilities Agreement, Term Loan Facilities Agreement (Linde AG)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000) as ZAR50,000,000 and in integral multiples of ZAR10,000,000 of the Company may specify in such noticeAvailable Facility). Any such reduction cancellation under this Clause 7.2 (Voluntary Cancellation) shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 2 contracts
Sources: Revolving Facility Agreement (Sibanye Gold LTD), Revolving Facility Agreement (Sibanye Gold LTD)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (but if in part, being a minimum amount of US$5,000,000$1,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 13 shall reduce the Commitments of the Lenders rateably.
Appears in 2 contracts
Sources: Term Facility Agreement (Manchester United PLC), Term Facility Agreement (Manchester United PLC)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) 15 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$€10,000,000 (and an integral multiple of €5,000,000)) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably.
Appears in 2 contracts
Sources: Facility Agreement (Aon Corp), Facility Agreement (Aon Corp)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000EUR 10,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably.
Appears in 2 contracts
Sources: Facility Agreement (Delhaize Group), Facility Agreement (Delhaize Group)
Voluntary cancellation. The Applicant (or the Company on the Applicant’s behalf) may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders Banks may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$£5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders Banks rateably.
Appears in 2 contracts
Sources: Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC), Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC)
Voluntary cancellation. (a) The Company 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 written notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000$2,000,000, £1,500,000 or €2,000,000 (or its equivalent in any currency) as the Company may specify and a multiple of $500,000 (or its equivalent in such noticeany currency)) of an Available Facility. Any such reduction cancellation under this Clause 7.2 clause 10.3 shall reduce the Commitments of the Lenders rateablyrateably under the relevant Facility.
(b) Not used.
Appears in 2 contracts
Sources: Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC)
Voluntary cancellation. The Company may, if it gives the Agent Lender and the Guarantor not less than five (5) Business Days’ (or such shorter period as the Majority Lenders Lender may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£5,000,000 and an integral multiple of £1,000,000) as the Company may specify in such notice. Any such reduction under this Clause 7.2 shall reduce the Commitments of the Lenders rateablyAvailable Commitment.
Appears in 2 contracts
Sources: Facility Agreement (Best Buy Co Inc), Facility Agreement (Best Buy Co Inc)
Voluntary cancellation. The During the Availability Period, the Company may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$USD 5,000,000, or, if more, an integral multiple of USD 1,000,000) as of the Company may specify Available Facility. Each Lender shall participate in such notice. Any such reduction under this Clause 7.2 shall reduce cancellation in proportion of its Commitment to the Total Commitments, and the Commitments of the Lenders rateablyshall be reduced accordingly.
Appears in 2 contracts
Sources: Senior Revolving Credit Facility Agreement, Senior Revolving Credit Facility Agreement (Logitech International Sa)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$$5,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.4 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Multicurrency Revolving Facilities Agreement (Sage Group PLC)
Voluntary cancellation. The Company may, if it gives the Agent not less les s than five (5) 5 Business Days’ ' (or such shorter period as periodas the Majority Lenders may agree) prior noticenotice in writing, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum aminimum amount of US$£20,000,000 and in multiples of £5,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.6 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) three Business Days’ Day’s (or such shorter period as the Agent (on behalf of itself and the Majority Lenders Lenders) may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000USD10,000,000) as of the Company may specify in such noticeCommitments. Any such reduction cancellation under this Clause 7.2 7.4 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$or corresponding to EUR 5,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Multicurrency Term and Revolving Facilities Agreement (Tenedor CORP)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000$5,000,000 (and an integral multiple of $1,000,000 thereafter)) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.4 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. The Company 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 writing, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000$40,000,000 and in multiples of $10,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.4 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Facility Agreement (Intercontinental Hotels Group PLC /New/)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000U.S.$20,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 10.4 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Facility Agreement (Rio Tinto PLC)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000) as the Company may specify in such notice$2,500,000 of an Available Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£500,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Term Loan Facility Agreement (Amc Entertainment Holdings, Inc.)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) three Business Days’ prior notice (or such shorter notice period as the Majority Lenders Noteholders may agree) prior notice), reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000GBP 2,000,000 or its equivalent in other currencies) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 10.2 shall reduce the Commitments of the Lenders rateablyNoteholders rateably under that Facility.
Appears in 1 contract
Sources: Notes Purchase Agreement (Membership Collective Group Inc.)
Voluntary cancellation. The Company 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 written notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000U.S.$1,000,000) as the Company may specify in such noticeof any Available Facility. Any such reduction cancellation under this Clause 7.2 8.7 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Multicurrency Revolving Credit Facility Agreement (Misys PLC)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) ten Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,00010,000,000 (ten million dollars) as and an integral multiple of US$5,000,000 (five million dollars)) of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. 12.3.1 The Company may, if it gives the Agent not less than five four (54) Business Days’ (or such shorter period as the Majority Lenders may agree) irrevocable prior notice, reduce cancel the whole or any part of the Available Facility to zero or by such amount A which is an integral multiple of one million euro (being a minimum amount of US$5,000,000EUR 1,000,000) as the Company may specify in such notice. and at least twenty million euro (EUR 20,000,000).
12.3.2 Any such reduction cancellation under this Clause 7.2 12.3 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateablyrateably under the relevant Facility.
Appears in 1 contract
Sources: Credit Agreement (Axa Financial Inc)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) ten Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,00010,000,000 (ten million dollars) as the Company may specify in such noticeand an integral multiple of US$5,000,000 (five million dollars)) of an Available Facility. Any such reduction cancellation under this Clause 7.2 7.3 in respect of either Facility shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£15,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.2 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$EUR 5,000,000) as of the Company may specify in such noticeAvailable Facility or an integral multiple thereof. Any such reduction cancellation under this Clause 7.2 8.4 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Multicurrency Revolving Facility Agreement (Tercica Inc)
Voluntary cancellation. The Company may, if it gives the Agent written notice of not less than five (5) Business Days’ 30 days (or such shorter period as the Majority Lenders may agree) prior notice), reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount integral multiples of US$5,000,000$5,000,000 for the Tranche A Facility and integral multiples of $10,000,000 for the Tranche B Facility) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 7.1 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Facility Agreement (Mayne Group LTD)
Voluntary cancellation. The Company maymay at any time, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior irrevocable written notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000USD5,000,000, in integral multiples of USD1,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 16.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. a) The Company 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, reduce cancel the whole or any part of the Available Facility to zero or by such amount (Facility, but if in part, being a minimum amount of US$5,000,000EUR 5,000,000 (or a greater amount being an integral multiple of EUR 1,000,000).
b) as the Company may specify in such notice. Any such reduction cancellation under this Clause 7.2 9.4 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Voluntary cancellation. The Company may, if it gives the Facility Agent not less than five (5) 5 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000EUR 5,000,000 and an integral multiple of EUR 1,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.4 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£5,000,000 (five million pounds)) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. The Company may, if it gives the Administrative Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£1,000,000 and a multiple of £250,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.2 shall reduce rateably the Commitments of the Lenders rateablyunder the relevant Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000U.S.$10,000,000 and an integral multiple of U.S.$1,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 7.5 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Bridge Facility Agreement
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000(pound)500,000 and an integral multiple of (pound)250,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Facility Agreement (Allied Healthcare International Inc)
Voluntary cancellation. The Company may, if it gives the Agent Lender not less than five ten (510) Business Days’ (or such shorter period as the Majority Lenders Lender may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount (being a minimum amount any part of US$5,000,000) as the Company may specify in such noticeany Facility. Any such reduction cancellation under this Clause 7.2 6.4 shall reduce the Commitments of Commitment applicable to the Lenders rateablyrelevant Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$€5,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 18.4 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Amendment and Restatement Agreement (Rockwood Holdings, Inc.)
Voluntary cancellation. The Company may, if it gives the Facility Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior noticenotice in writing, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000$40,000,000 and in multiples of $10,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Loan Agreement (Intercontinental Hotels Group PLC /New/)
Voluntary cancellation. The Company may, if it gives notice to the Agent not less by no later than five (5) 11:00 am on the Business Days’ (Day immediately preceding the day the cancellation is to take effect, cancel the whole or such shorter period as the Majority Lenders may agree) prior notice, reduce the Available Facility to zero or by such amount any part (being a minimum amount of US$5,000,00010,000,000 and the integral multiples thereof) as of the Company may specify in such noticeundrawn Commitments under the Facility B Loan. Any such reduction cancellation under this Clause 7.2 10.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce the Available Facility to zero or by such amount (being a minimum amount of US$5,000,000) as the Company may specify in such notice. Any such reduction under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of, in the case of Facility A, (Euro)5,000,000 and, in the case of Facility B and Facility C, US$5,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 10.6 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Term and Revolving Facilities Agreement (Sodexho Alliance S A)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000$[***]) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 7.4 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Facility Agreement (Ses S.A.)
Voluntary cancellation. The Company Obligors’ Agent 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$EUR 5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.6 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. The Company may, may if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders in respect of the Facility to which such cancellation relates may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,00050,000,000) as the Company may specify in such noticeof any Facility. Any such reduction cancellation under this Clause 7.2 9.2 shall reduce rateably the Commitments of the Lenders rateablyunder that Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000€[***]) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.6 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Bridge Facility Agreement (Ses S.A.)
Voluntary cancellation. The Company may, if it gives the Agent not less than five 5 (5five) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000ZAR50,000,000 (fifty million Rand) as and in integral multiples of ZAR10,000,000 (ten million Rand) of the Company may specify in such noticeAvailable Facility). Any such reduction cancellation under this Clause 7.2 (Voluntary Cancellation) shall reduce the Commitments of the Lenders rateably.rateably under the Facility. Sibanye ZAR RCF
Appears in 1 contract
Sources: Revolving Credit Facility Agreement (Sibanye Stillwater LTD)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£500,000 and integral multiples of £500,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 11.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. The Company may, if it gives the Facility Agent not less than five (5) three Business Days’ (or such shorter period as agreed by the Majority Lenders may agreeCompany and the Agent) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000€1,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.7 shall (subject to the provisions of Clause 6.1(f) (Utilisation of Ancillary Facilities) reduce the Commitments of the Lenders rateablyrateably under the Facilities.
Appears in 1 contract
Sources: Additional Facility Accession Agreement (Liberty Global PLC)
Voluntary cancellation. (a) The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000EUR 1,000,000) of the Available Term Facility.
(b) The Company may, if it gives the Agent not less than 5 Business Days' (or such shorter period as the Company Majority Lenders may specify in such agree) prior notice. Any such reduction under this Clause 7.2 shall reduce , cancel the Commitments whole or any part (being a minimum amount of EUR 1,000,000) of the Lenders rateablyAvailable Revolving Facility.
Appears in 1 contract
Sources: Senior Facilities Agreement (Alliance Data Systems Corp)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000HKD160,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 18.2 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Senior Facilities Agreement (Melco Crown Entertainment LTD)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£1,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 7.4 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Sources: Facility Agreement
Voluntary cancellation. The Company may, if it gives the Agent not less than five three (53) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount and integral multiple of US$EUR 5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. The Company may, if it gives the Facility Agent not less than five (5) 5 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000EUR 10,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably.rateably under that Facility. Back to Contents
Appears in 1 contract
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) three Business Days’ prior notice (or such shorter notice period as the Majority Lenders Noteholders may agree) prior notice), reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000GBP 2,000,000 or its equivalent in other currencies) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 10.2 shall reduce the Commitments of the Lenders rateablyNoteholders rateably under that Facility.
Appears in 1 contract
Sources: Notes Purchase Agreement (Membership Collective Group Inc.)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (but if in part, being a minimum amount of US$5,000,000£1,000,000) of the Available Facilities provided that such cancellation is made pro rata as the Company may specify in such notice. between Facility A and Facility B. Any such reduction cancellation under this Clause 7.2 13.3 shall reduce the Available Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Revolving Facilities Agreement (Manchester United Ltd.)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,0002,000,000 (or its equivalent in other currencies) as and integral multiples of US$500,000) of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility. Any notice delivered by the Company under this Clause 8.3 shall be made in writing and shall be irrevocable.
Appears in 1 contract
Sources: Multicurrency Revolving Facility Agreement (Markit Ltd.)
Voluntary cancellation. The Company may, if it gives the Facility Agent not less than five (5) three Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (but, if in part being a minimum amount of US$5,000,0001,000,000 and integral multiples of US$500,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 9.8 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Mgo Facility Agreement
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000HKD160,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Senior Facilities Agreement (Melco Crown Entertainment LTD)
Voluntary cancellation. The 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000EUR 20,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.4 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Multicurrency Revolving Facility Agreement (H Lundbeck a S)
Voluntary cancellation. The Company 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, reduce the Available Facility to zero or by such amount (being a minimum amount of US$5,000,000) as the Company may specify in such notice. Any such reduction under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£2,500,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Facilities Agreement (Analex Corp)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000euro 50,000,000 and in integral multiples of euro 10,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Credit Agreement (Sappi LTD)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (but if in part, being a minimum amount of US$5,000,000£1,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 11.2 shall reduce the Available Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Sources: Revolving Facility Agreement (Manchester United PLC)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£20,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably.. Back to Contents
Appears in 1 contract
Sources: Multicurrency Revolving Facilities Agreement (Gallaher Group PLC)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£250,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 clause 10.4 shall reduce the Commitments of the Lenders rateablyrateably under the relevant Facility.
Appears in 1 contract
Sources: Amendment and Restatement Agreement
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£500,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 7.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Sources: Facility Agreement
Voluntary cancellation. The Company Borrower may, if it gives the Agent not less than five three (53) Business Days’ Day (or such shorter period as the Majority Lenders may agree) prior written notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000) 5,000,000 and a multiple of US$1,000,000 or such lessor amount or other multiple as the Company Majority Lenders may specify in such notice. Any such reduction under this Clause 7.2 shall reduce agree on the Commitments require of the Lenders rateablyBorrower) of any part of the Facility which is undrawn at the proposed date of cancellation.
Appears in 1 contract
Sources: Facility Agreement (BW LPG LTD)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$GBP 5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.5 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Bridge Facility Agreement
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount and an integral multiple, of US$5,000,000£250,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.2 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Sources: Revolving Facility Agreement (Penske Automotive Group, Inc.)
Voluntary cancellation. The Company 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 written notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£500,000) as the Company may specify in such noticeof any Available Facility. Any such reduction cancellation under this Clause 7.2 8.6 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the whole or any part of the Available Facility to zero or by such amount (being a minimum amount of US$5,000,000) as the Company may specify in such noticeFacility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000$1,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Term Loan and Multicurrency Revolving Facilities Agreement (AVG Technologies N.V.)
Voluntary cancellation. The Company may, if it gives the Facility Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$€5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$$5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 10.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Facility Agreement (Enodis PLC)
Voluntary cancellation. (a) The Company 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 written notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000$2,000,000, £1,500,000 or €2,000,000 (or its equivalent in any currency) as the Company may specify and a multiple of £250,000 (or its equivalent in such noticeany currency)) of an Available Facility. Any such reduction cancellation under this Clause 7.2 clause 10.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
(b) Not used.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000£500,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 10.2 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.
Appears in 1 contract
Sources: Multicurrency Revolving Facility Agreement (Endava PLC)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,00025,000,000) as the Company may specify in such noticeof any Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce rateably the Commitments of the Lenders rateablyunder that Facility.
Appears in 1 contract
Voluntary cancellation. The Company Obligors’ Agent may, if it gives the Agent not less than five three (53) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the whole or any part of an Available Facility to zero or by such amount (being a minimum amount of US$5,000,000) as the Company may specify in such noticeFacility. Any such reduction cancellation under this Clause 7.2 11.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Senior Facilities Agreement (Fintrax US Acquisition Subsidiary, Inc.)
Voluntary cancellation. The Company 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, reduce cancel the whole (but not part only) of any Available Facility to zero or by such amount (being a minimum amount of US$5,000,000) as the Company may specify in such notice. Any such reduction under this Clause 7.2 shall reduce the Commitments of the Lenders rateablyFacility.
Appears in 1 contract
Sources: Term Facility Agreement
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$£5,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,00025,000,000) as the Company may specify in such noticeof any Facility. Any such reduction cancellation under this Clause 7.2 9.3 shall reduce rateably the Commitments of the Lenders rateablyunder that Facility.
Appears in 1 contract
Voluntary cancellation. The Company may, if it gives the Agent not less than five three (53) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$EUR 25,000,000 and in integral multiples of EUR 5,000,000) as of the Company may specify in such noticeAvailable Facility at any time during the Availability Period. Any such reduction cancellation under this Clause 7.2 7.6 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Voluntary cancellation. 12.4.1 The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000) as the Company may specify in such notice. Any such reduction under this Clause 7.2 shall reduce the Commitments $5,000,000 of the Lenders Total Available Commitments).
12.4.2 On the date of the cancellation of any Total Available Commitments pursuant to Clause 12.4.1, the Commitment of each Lender shall be reduced rateably.
Appears in 1 contract
Sources: Junior Credit Agreement (Endeavour International Corp)
Voluntary cancellation. The Company may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior noticenotice in writing, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$£20,000,000 and in multiples of £5,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Facility Agreement (Intercontinental Hotels Group PLC /New/)
Voluntary cancellation. The Company may, if it gives the Facilities Agent not less than five three (53) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000twenty five million dollars (USD 25,000,000) as the Company may specify in such noticeof any Available Facility. Any such reduction cancellation under this Clause 7.2 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000€25,000,000 or the appropriate minimum amount in the Optional Currency) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 8.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Facility Agreement (Imerys S.A.)
Voluntary cancellation. The Company 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, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000EUR 20,000,000) as of the Company may specify in such noticeAvailable Facility. Any such reduction cancellation under this Clause 7.2 14.3 shall reduce the Commitments of the Lenders rateably.
Appears in 1 contract
Sources: Facility Agreement (Linde PLC)
Voluntary cancellation. The Company 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 writing, reduce cancel the Available Facility to zero whole or by such amount any part (being a minimum amount of US$5,000,000$30,000,000 and in multiples of $10,000,000) as the Company may specify in such noticeof an Available Facility. Any such reduction cancellation under this Clause 7.2 8.6 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.
Appears in 1 contract
Sources: Facility Agreement (Intercontinental Hotels Group PLC /New/)