Cancellation of the Facility. The Borrower may, if it gives the Agent not less than five Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $50,000) of the Available Facility. Any cancellation under this clause 4.4 shall reduce the Commitments of the Lenders rateably under the Facility.
Cancellation of the Facility. If the Customer does not comply with any condition within the time stated by the Bank, the Bank is entitled to cancel the Facility.
Cancellation of the Facility. Subject to the provisions of Clause 8.7 (Limitations on Cancellation of the Facility), the Borrower may, by giving to the Agent not less than five Business Days' prior written notice to that effect, cancel the whole or any part (being a minimum amount of L50,000,000 and an integral multiple of L10,000,000) of the Available Facility. Any such cancellation shall reduce the Available Commitment and Commitment of each Bank rateably.
Cancellation of the Facility. If, prior to the date on which it receives a Utilisation Request, the Facility Agent receives a notice of cancellation of the whole or part of the Available Facility which is to take effect under Clause 7.8 (Voluntary Cancellation) on a date falling on or after such date (but before the Loan requested in that Utilisation Request has been made), such Available Facility shall be treated, for the purpose of Clause 5.3 (Currency and Amount), as if it had already been reduced by the amount of such cancellation (as specified in such notice). Nothing in this Clause 5.5 shall be treated as reducing any Lender’s Available Commitment under the Facility for the purposes of Clause 11.1 (Commitment Fee) prior to the date on which such cancellation would otherwise take effect pursuant to such cancellation notice.
Cancellation of the Facility. Change of the time or the method of repayment of the Loan, interest, fees and other expenses;
Cancellation of the Facility. Prior to the First Advance, the Borrower may cancel all (but not less than all) of the undrawn portion of the Facility upon 10 Business Days’ prior written notice to the Administrative Agent. Amounts cancelled will reduce the Facility and shall not be available for subsequent drawing.
Cancellation of the Facility. The Borrowers shall be entitled to cancel any undrawn part of the Facility under this Agreement upon giving the lender not less than three (3) Business Days' notice in writing to that effect, provided that no Drawdown Notice has been given to the Lenders for the full amount of the Facility or in respect of the portion thereof in respect of which cancellation is required by the Borrowers. Any such notice of cancellation, once given, shall be irrevocable. Any amount cancelled may not be drawn.
Cancellation of the Facility. Upon 10 Business Days' written notice, the Borrower may cancel without premium or penalty all or part of the undrawn part of the Facility in a minimum amount of Euros 5,000,000 (five million Euros) and in integral multiples of Euros 5,000,000 (five million Euros) provided that the Short Term Facility and the Medium Term Facility shall be cancelled pro rata and once cancelled, the amount may not subsequently be redrawn.
Cancellation of the Facility. 3.2 If the Borrower does not comply with any condition within the time stated by the Bank, the Bank is entitled to cancel the Facility.
Cancellation of the Facility. The Borrower shall be entitled, on ten days’ written notice to the Facility Agent, to cancel all or part of the unutilised portion of the Facility Amount (Cancelled Portion), provided that if such voluntary cancellation takes place within 18 months after the Third Restatement Date the Borrower shall, on the date upon which the cancellation takes effect, pay to the Lenders an amount equal to 2% of the Cancelled Portion.
