Common use of 06A Borrower’s right to cancel Clause in Contracts

06A Borrower’s right to cancel. The Borrowers may at any time by notice in writing to the Bank from them both cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of an Accepted Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice.

Appears in 1 contract

Samples: Finance Contract (Xylem Inc.)

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06A Borrower’s right to cancel. The Borrowers Borrower may at any time by notice in writing to the Bank from them both cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of an Accepted (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice.notice or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued..

Appears in 1 contract

Samples: Finance Contract (Pacificorp /Or/)

06A Borrower’s right to cancel. The Borrowers Borrower may at any time by notice in writing to the Bank from them both cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of an Accepted a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice.

Appears in 1 contract

Samples: Finance Contract

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06A Borrower’s right to cancel. The Borrowers Borrower may at any time by notice in writing to the Bank from them both cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of an Accepted (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the noticenotice or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued. 1. 06B Bank’s right to suspend and cancel

Appears in 1 contract

Samples: Finance Contract (Agco Corp /De)

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