Common use of Additional voluntary prepayment Clause in Contracts

Additional voluntary prepayment. Provided that no Event of Default has occurred and is continuing, the Borrower may also, upon five (5) Banking Days written notice to the Bank Agent, prepay (in whole but not in part only), without premium or penalty, but without prejudice to its obligations under clauses 5.6 (Market disruption), 8.5 (Grossing up for Taxes) and 13.2 (Increased Costs) or the obligations of the Banks under clause 13.4 (Mitigation): 6.3.1 the Contribution of any Bank to which the Borrower shall have become obliged to pay additional amounts under clause 8.5 or 13.2; 6.3.2 any Bank’s Contribution to which a Substitute Basis applies by virtue of clause 5.6.2; 6.3.3 the Contribution of any Bank which has notified the Bank Agent of its Additional Cost Rate (under paragraph 3 of Schedule 8); or 6.3.4 the Contribution of any Bank which withholds consent to any sale of issued share capital of a Core Company as contemplated in clause 14.2.19(c) of the Deed of Proceeds and Priorities. Upon any notice of such prepayment being given in relation to a Loan, the Commitment to the Facility under which the relevant Loan is outstanding of the relevant Bank shall be reduced to zero and the Total Commitment relating to that Facility shall be reduced by an amount equal to the Commitment to that Facility of the relevant Bank immediately prior to the delivery of that notice.

Additional voluntary prepayment. Provided that no Event of Default has occurred and is continuing, the Borrower may also, upon five (5) Banking Days written notice to the Bank Facility Agent, prepay (in whole but not in part only), without premium or penalty, but without prejudice to its obligations under clauses 5.6 (Market disruption), 8.5 (Grossing up for Taxes) and 13.2 (Increased Costs) or the obligations of the Banks Lenders under clause 13.4 (Mitigation): 6.3.1 the Contribution of any Bank Lender to which the Borrower shall have become obliged to pay additional amounts under clause 8.5 or 13.2; 6.3.2 any BankLender’s Contribution to which a Substitute Basis applies by virtue of clause 5.6.2; 6.3.3 the Contribution of any Bank Lender which has notified the Bank Facility Agent of its Additional Cost Rate (under paragraph 3 of Schedule 8); or 6.3.4 the Contribution of any Bank Lender which withholds consent to any sale of issued share capital of a Core Company as contemplated in clause 14.2.19(c) of the Deed of Proceeds and Priorities. Upon any notice of such prepayment being given in relation to a Loan, the Commitment to the Facility under which the relevant Loan is outstanding of the relevant Bank Lender shall be reduced to zero and the Total Commitment relating to that Facility shall be reduced by an amount equal to the Commitment to that Facility of the relevant Bank Lender immediately prior to the delivery of that notice.

Additional voluntary prepayment. Provided that no Event of Default has occurred and is continuing, the Borrower may also, upon five (5) Banking Days written notice to the Bank Facility Agent, prepay (in whole but not in part only), without premium or penalty, but without prejudice to its obligations under clauses 5.6 (Market disruption), 8.5 (Grossing up for Taxes) and 13.2 (Increased Costs) or the obligations of the Banks Lenders under clause 13.4 (Mitigation): 6.3.1 the Contribution of any Bank Lender to which the Borrower shall have become obliged to pay additional amounts under clause 8.5 or 13.2; 6.3.2 any BankLender’s Contribution to which a Substitute Basis applies by virtue of clause 5.6.2; 6.3.3 the Contribution of any Bank Lender which has notified the Bank Facility Agent of its Additional Cost Rate (under paragraph 3 of Schedule 8); or 6.3.4 the Contribution of any Bank Lender which withholds consent to any sale of issued share capital of a Core Company as contemplated in clause 14.2.19(c) of the Deed of Proceeds and Priorities. Upon any notice of such prepayment being given in relation to a Loangiven, the Commitment to the Facility under which the relevant Loan is outstanding of the relevant Bank Lender shall be reduced to zero and the Total Commitment relating to that Facility Commitments shall be reduced by an amount equal to the Commitment to that Facility of the relevant Bank Lender immediately prior to the delivery of that notice.