Common use of ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION Clause in Contracts

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. If:- (a) the Borrower is required to pay to a Bank any additional amounts under Clause 11 (Taxes); or (b) the Borrower is required to pay to a Bank any amount under Clause 13 (Increased Costs); or (c) interest on a Bank's participation in a Loan is being calculated in accordance with Clause 12.4(c) (Alternative basis for outstanding Loans), then, without prejudice to the obligations of the Borrower under those Clauses, the Borrower may, whilst the circumstances continue, serve a notice of prepayment and cancellation on that Bank through the Agent. On the date falling 5 Business Days after the date of service of the notice:- (i) the Borrower shall prepay that Bank's participation in all the Loans together with all other amounts payable by it to that Bank under the Finance Documents; and (ii) that Bank's undrawn Commitment shall be cancelled.

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. If:- (a) the If: (i) any Borrower is required to pay to a Bank any additional amounts amount under Clause 11 (Taxes); or; (bii) the any Borrower is required to pay to a Bank any amount under Clause 13 (Increased Costscosts); (iii) Clause 9.2 (Revocation of Currency) is applicable; or (civ) interest on a Bank's participation in a Loan Clause 12 (Market Disruption) is being calculated in accordance with Clause 12.4(c) (Alternative basis for outstanding Loans), applicable. then, without prejudice to the obligations of the Borrower any Obligor under those Clauses, the Borrower Obligors' Agent may, whilst the circumstances giving rise to the requirement continue, serve a notice of prepayment and cancellation on that Bank through the Facility Agent. . (b) On the date falling 5 five Business Days after the date of service of the notice:-notice: (i) to the extent necessary to avoid such payments or applicability of such Clauses, each Borrower shall prepay that Bank's participation in all the Loans together with all other amounts payable Advances made by it such Bank to that Bank under the Finance Documentsit; and (ii) the Commitment of that Bank's undrawn Commitment Bank shall be cancelledcancelled accordingly.

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. If:-If: (a) the Borrower any Obligor is required to pay to a Bank any additional amounts under Clause 11 (Taxes); or; (b) the Borrower any Obligor is required to pay to a Bank any amount under Clause 13 (Increased Costscosts); or (c) interest on a Bank's participation in a Loan is being calculated in accordance with Clause 12.4(c) (Alternative basis for outstanding Loansbasis), then, without prejudice to the obligations of the Borrower any Obligor under those Clauses, the Borrower Borrowers' Agent may, whilst the circumstances continue, serve a notice of prepayment and cancellation on that Bank through the Facility Agent. On If the date falling 5 Business Days after the date of service of the notice:-Borrowers' Agent serves such a notice on a Bank: (i) that Bank's Commitment shall be automatically cancelled in full on the service of the notice; and (ii) each Borrower shall prepay that Bank's participation in all outstanding Loans made to it on (or before) the Loans together with all other amounts payable by it to that Bank under date falling five Business Days after service of the Finance Documents; and (ii) that Bank's undrawn Commitment shall be cancellednotice.

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. If:-If: (a) the a Borrower is required to pay to a Bank any additional amounts under Clause 11 13 (Taxes); or (b) the a Borrower is required to pay to a Bank any amount under Clause 13 15 (Increased Costscosts); or (c) interest on a Bank's participation in a Loan is being calculated in accordance with Clause 12.4(c14.3(d) (Alternative basis for outstanding Loansbasis), then, without prejudice to the obligations of the any Borrower under those Clauses, the Borrower Company may, whilst the circumstances giving rise to the requirement continue, serve a notice of prepayment and cancellation on that Bank through the Agent. On the date falling 5 five Business Days after the date of service of the notice:-notice and subject to Clause 25.2(b) (Other indemnities): (i) the each Borrower shall prepay that Bank's participation in all the Loans together with all other amounts payable by it made to that Bank under the Finance Documentsit; and (ii) the Commitments of that Bank's undrawn Commitment Bank shall be cancelled.