Cancellation and Prepayment. If an alternative basis is not so agreed pursuant to Section 8.2;
Cancellation and Prepayment. 29 1. Taxes..........................................................................................32 1.
Cancellation and Prepayment. 9.1 The Borrower may, by giving to the Lender not less than thirty days' prior notice to that effect, cancel the whole or any part (being an amount or integral multiple of GBP100,000) of the Available Facility.
Cancellation and Prepayment. If a Lender delivers a notice of illegality, the Commitments of that Lender will be cancelled on the date of that notice. Each Borrower agrees to repay the participation of that Lender in each Advance on the last day of the Interest Period of that Advance during which the notice is received, unless that Lender certifies that, because of a legal requirement applicable to that Lender, it must be repaid earlier. In this event the Borrowers agree to repay the participation on the earlier date (or dates) specified by the Lender. Clause 11.8 applies to any cancellation or repayment under this sub-Clause.
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Cancellation and Prepayment. If a Lender delivers a notice of illegality the Commitment of that Lender will be cancelled on the date of that notice. If that Lender certifies that, because of a legal requirement applicable to that Lender, it must be repaid before the end of its Term, the Borrower agrees to repay the participation on the earlier date (or dates) specified by the Lender. Clause 12.6 applies to any cancellation or repayment under this sub-clause.
Cancellation and Prepayment. (1) Upon receipt of the Law Change Notice by the Borrower, the Borrower and the Lenders will make efforts to take concerted actions within the time specified in the Law Change Notice so as to make this Agreement legal and valid. If the Borrower and the Lenders fail to take efforts to make this Agreement continue to be legal and valid, the Law Change Affected Lender will notify promptly the Agent Bank (the “Law Change Confirmation Letter”), which will notify the Borrower promptly upon its receipt of such Law Change Confirmation Notice.
Cancellation and Prepayment. 10.1 The Borrower may, by giving to the Agent not less than five business days' prior notice to that effect, cancel the whole or any part (being a minimum amount of £10,000,000 and an integral multiple of £5,000,000) of the Available Facility. Any such cancellation shall reduce the Commitment of each Bank rateably and any amount so cancelled may not be reinstated.
Cancellation and Prepayment. 15 PART 5 RISK ALLOCATION
Cancellation and Prepayment. If a Lender delivers a notice of illegality any outstanding Commitment of that Lender will be cancelled on the date of that notice. The Borrower agrees to prepay the participation of that Lender in the Loan on the last day of the Term during which the notice is received, unless the Lender certifies that, because of a legal requirement (law, regulation or any action by a court or administrative authority) applicable to the Lender, it must be repaid earlier. In this event the Borrower agrees to prepay the participation on the date specified by the Lender. SECTION 12(5) applies to any cancellation or prepayment under this paragraph.
