Common use of Additional right of prepayment Clause in Contracts

Additional right of prepayment. If: - (a) the Borrower is required to pay to a Lender any additional amounts under Clause 12 (Taxes); or (b) the Borrower is required to pay to a Lender any amount under Clause 14 (Increased costs); then, without prejudice to the obligations of the Borrower under those Clauses, the Borrower may, subject to Clause 7.4 (Miscellaneous provisions) and Clause 24.2 (Other indemnities) whilst the circumstances continue, serve a notice of prepayment and cancellation on that Lender through the Agent. On the date falling five Business Days after the date of service of the notice: - (a) the Borrower shall prepay that Lenders’ participation in the Loans; and (b) that Lenders’ undrawn participation in the Commitment (if any) shall be cancelled.

Additional right of prepayment. If: - (a) the Borrower is required to pay to a Lender any additional amounts under Clause 12 (Taxes); or (b) the Borrower is required to pay to a Lender any amount under Clause 14 (Increased costs); then, without prejudice to the obligations of the Borrower under those Clauses, the Borrower may, subject to Clause 7.4 7.5 (Miscellaneous provisions) and Clause 24.2 22.2 (Other indemnities) whilst the circumstances continue, serve a notice of prepayment and cancellation on that Lender through the Agent. On the date falling five Business Days after the date of service of the notice: - (a) the Borrower shall prepay that Lenders’ participation in the LoansLoan; and (b) that Lenders’ undrawn participation in the Commitment (if any) shall be cancelled.

Additional right of prepayment. If: - (a) the Borrower is required to pay to a Lender any additional amounts under Clause 12 (Taxes); or (b) the Borrower is required to pay to a Lender any amount under Clause 14 (Increased costs); then, without prejudice to the obligations of the Borrower under those Clauses, the Borrower may, subject to Clause 7.4 7.5 (Miscellaneous provisions) and Clause 24.2 22.2 (Other indemnities) whilst the circumstances continue, serve a notice of prepayment and cancellation on that Lender through the Agent. On the date falling five Business Days after the date of service of the notice: - (ac) the Borrower shall prepay that Lenders’ participation in the LoansLoan; and (bd) that Lenders’ undrawn participation in the Commitment (if any) shall be cancelled.

Additional right of prepayment. If: - (ai) the Borrower is required to pay to a Lender Bank any additional amounts under Clause 12 11 (Taxes); or (bii) the Borrower is required to pay to a Lender Bank any amount under Clause 14 13 (Increased costs); then, without prejudice to the obligations of the Borrower under those Clauses, the Borrower may, subject to Clause 7.4 6.4 (Miscellaneous provisions) and Clause 24.2 22.2 (Other indemnities) whilst the circumstances continue, serve a notice of prepayment and cancellation on that Lender Bank through the Agent. On the date falling five Business Days after the date of service of the notice: - (aiii) the Borrower shall prepay that Lenders’ Bank’s participation in the LoansLoan; and (biv) that Lenders’ Bank’s undrawn participation in the Commitment (if any) shall be cancelled.