Adjustment of scheduled repayments. If the Total Commitments have been partially reduced under this Agreement and/or any part of the Loan is prepaid (other than under clause 6.2) before any Repayment Date, the amount of the instalment by which the Loan shall be repaid under clause 6.2 on any such Repayment Date (as reduced by any earlier operation of this clause 6.3) shall be reduced pro rata to such reduction in the Total Commitments (except in the case of a prepayment under clause 7.4 (Fixed Rate Differential Amount Prepayment) where the reduction shall be treated as reducing the instalments in inverse chronological order by its aggregate amount).
Appears in 2 contracts
Samples: Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.)
Adjustment of scheduled repayments. 6.3 If the Total Commitments have been partially reduced under this Agreement and/or any part of the Loan is prepaid (other than under clause 6.2) before any Repayment Date, the amount of the instalment by which the Loan shall be repaid under clause 6.2 on any such each Repayment Date (as reduced by any earlier operation of this clause 6.3) shall be reduced pro rata to such reduction in the Total Commitments (except in the case of a prepayment reduction under clause 7.4 (Fixed Rate Differential Amount PrepaymentVoluntary cancellation) or prepayment under clause 7.5 (Voluntary prepayment) where the reduction shall be treated as reducing the instalments in inverse chronological order by its aggregate amounton each Repayment Date on a pro rata basis).
Appears in 2 contracts
Samples: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)
Adjustment of scheduled repayments. If the Total Commitments have been partially reduced under this Agreement and/or any part (except in the circumstances contemplated in clause 7.6 (Sale or Total Loss) in which case the provisions of the Loan is prepaid (other than under that clause 6.2) before any Repayment Dateshall apply), the amount of the instalment instalments by which the Loan an Advance shall be repaid under clause 6.2 on any such Repayment Date (as reduced by any earlier operation of this clause 6.3) shall be reduced pro rata to such reduction in the Total Commitments (except in the case of a reduction of the Total Commitments due a prepayment under clause 7.4 7.4.2 (Fixed Rate Differential Amount PrepaymentVoluntary prepayment) where the reduction shall be treated as reducing the instalments relevant Advance being prepaid in inverse chronological order by its aggregate amountfull).
Appears in 1 contract
Samples: Navigator Holdings Ltd.
Adjustment of scheduled repayments. 6.3 If the Total Commitments have been partially reduced under this Agreement and/or any part of the Loan is prepaid (other than under clause 6.2) before any Repayment Date, the amount of the instalment by which the Loan shall be repaid under clause 6.2 (Scheduled repayment of Facility) on any such Repayment Date (as reduced by any earlier operation of this clause 6.3) shall be reduced pro rata to such reduction in the Total Commitments (except in the case of a prepayment under clause 7.4 (Fixed Rate Differential Amount PrepaymentVoluntary prepayment) where the reduction shall be treated as reducing the instalments in inverse chronological order by its aggregate amount).
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Samples: www.lw.com