Additional right of prepayment and cancellation. If the Company is required to pay any amount to a Bank under Clause 13 (Taxes) or Clause 15 (Increased costs), the Company may, whilst the circumstances giving rise to the requirement continue, serve a notice of prepayment and cancellation on that Bank through the Facility Agent. In this event:-
Appears in 2 contracts
Samples: Agreement (Azurix Corp), Subordination Agreement (Azurix Corp)
Additional right of prepayment and cancellation. If the Company any Borrower is required to pay any amount to a Bank under Clause 13 11 (Taxes) or Clause 15 13 (Increased costsCosts), the Company may, whilst the circumstances giving rise to the requirement continue, serve a notice of prepayment and cancellation on that Bank through the Facility Agent. In this event:-that event:
Appears in 2 contracts
Samples: Agreement (WDR Acquisition Corp), Agreement (S Acquisition Corp)