Cancellation of Total Commitment. The Borrower may, without penalty or premium, at any time during the term of this Agreement, upon at least three (3) Business Days’ prior written notice to the Agent, cancel all of the Total Commitment or any portion thereof in minimum amounts of U.S. $5,000,000 and whole multiples of U.S. $1,000,000 thereafter by cancelling the Commitment of each Lender in an amount equal to such Lender’s Lender’s Proportion of the amount of the Total Commitment being so cancelled; provided that on or prior to the last day of such notice period the Borrower has:
Cancellation of Total Commitment. The Borrowers may, at any time before the relevant Termination Date, by notice to the Bank (effective only on actual receipt), cancel with effect from a date not less than fifteen (15) days after the receipt by the Bank of such notice the whole or any part of the Total Commitment relating to any undrawn and uncancelled part of the Total Commitment which has not been the subject of a Drawdown Notice already sent to the Bank. Any such notice of cancellation shall be irrevocable, once given and shall specify which Advance the cancellation relates to.
