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

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. (a) If the Borrower is required to pay or is notified by any Bank in writing that it will be required to pay any amount to a Bank under Clause 11 (Taxes) or Clause 13 (Increased Costs), or if circumstances exist such that the Borrower will be required to pay any amount to a Bank under Clause 11 (Taxes) or Clause 13 (Increased Costs), without prejudice to the obligations of any Obligor under those Clauses, the Borrower’s Agent may, whilst the circumstances giving rise or which will give rise to the requirement to continue, serve a notice of prepayment or cancellation on that Bank through the Agent. (b) On the date falling five Business Days after the date of service of the notice: (i) the Borrower shall prepay that Bank’s share in all the Loans; and (ii) the Bank’s Commitment shall be permanently cancelled.

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. (a) If the any Borrower is required to pay or is notified by any Bank in writing that it will be required to pay any amount to a Bank under Clause 11 (Taxes) or Clause 13 (Increased Costs), or if circumstances exist such that the a Borrower will be required to pay any amount to a Bank under Clause 11 (Taxes) or Clause 13 (Increased Costs), without prejudice to the obligations of any Obligor under those Clauses, the Borrower’s Borrowers' Agent may, whilst the circumstances giving rise or which will give rise to the requirement to continue, serve a notice of prepayment or cancellation on that Bank through the Agent. (b) . On the date falling five Business Days after the date of service of the notice: (ia) the each Borrower shall prepay that Bank’s share 's participation in all the LoansAdvances; and (iib) the Bank’s 's Tranche A Commitment and Tranche B Commitment shall be permanently cancelled.

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. (a) If the any Borrower is required to pay or is notified by any Bank in writing that it will be required to pay any amount to a Bank under Clause 11 13 (Taxes) or Clause 13 15 (Increased Costs), or if circumstances exist such that the a Borrower will be required to pay any amount to a Bank under Clause 11 13 (Taxes) or Clause 13 15 (Increased Costs), without prejudice to the obligations of any Obligor under those Clauses, the Borrower’s Borrowers’ Agent may, whilst the circumstances giving rise or which will give rise to the requirement to continue, serve a notice of prepayment or cancellation on that Bank through the Agent. (b) . On the date falling five Business Days after the date of service of the notice: (ia) the each Borrower shall prepay that Bank’s share participation in all the LoansAdvances and LCs; and (iib) the Bank’s Commitment shall be permanently cancelled.

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. (a) If the any Borrower is required to pay or is notified by any Bank in writing that it will be required to pay any amount to a Bank under Clause 11 13 (Taxes) or Clause 13 15 (Increased Costs), or if circumstances exist such that the a Borrower will be required to pay any amount to a Bank under Clause 11 13 (Taxes) or Clause 13 15 (Increased Costs), without prejudice to the obligations of any Obligor under those Clauses, the Borrower’s Borrowers' Agent may, whilst the circumstances giving rise or which will give rise to the requirement to continue, serve a notice of prepayment or cancellation on that Bank through the Agent. (b) . On the date falling five Business Days after the date of service of the notice: (ia) the each Borrower shall prepay that Bank’s share 's participation in all the LoansAdvances and LCs; and (iib) the Bank’s 's Commitment shall be permanently cancelled.

ADDITIONAL RIGHT OF PREPAYMENT AND CANCELLATION. (a) If the any Borrower is required to pay or is notified by any Bank in writing that it will be required to pay any amount to a Bank under Clause 11 14 (Taxes) or Clause 13 16 (Increased Costs), or if circumstances exist such that the a Borrower will be required to pay any amount to a Bank under Clause 11 14 (Taxes) or Clause 13 16 (Increased Costs), without prejudice to the obligations of any Obligor under those Clauses, the Borrower’s Borrowers’ Agent may, whilst the circumstances giving rise or which will give rise to the requirement to continue, serve a notice of prepayment or cancellation on that Bank through the Agent. (b) . On the date falling five Business Days after the date of service of the notice: (ia) the each Borrower shall prepay that Bank’s share participation in all the LoansAdvances and LCs; and (iib) the Bank’s Commitment shall be permanently cancelled.