Common use of Demand Basis Clause in Contracts

Demand Basis. If, under clause 10.2.2, the Agent has declared the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders shall) by written notice to the Borrowers (a) demand repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, the Loan shall become due and payable on the date so specified together with all interest accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.

Demand Basis. If, under clause 10.2.2, the Agent has declared the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders shall) by written notice to the Borrowers Borrower (a) demand repayment of the g Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, the Loan shall become due and payable on the date so specified together with all interest accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.

Demand Basis. If, under clause 10.2.2, the Agent has declared the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders shall) by written notice to the Borrowers Borrower (a) demand repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, the Loan shall become due and payable on the date so specified together with all interest accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.

Demand Basis. If, under pursuant to clause 10.2.2, the Agent has declared declares the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders Banks shall) by written notice to the Borrowers (a) demand call for repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such noticeAgreement.

Demand Basis. If, under pursuant to clause 10.2.2, the Agent has declared declares the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed requested by the Majority Lenders Banks shall) by written notice to the Borrowers (a) demand Borrower: 10.3.1 call for repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, whereupon the Loan shall become due and payable on the date so specified together with all interest and commissions accrued and all other sums payable under this Agreement or (b) Agreement; or 10.3.2 withdraw such declaration with effect from the date specified in such notice.

Demand Basis. If, under pursuant to clause 10.2.2, the Agent has declared declares the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders Banks shall) by written notice to the Borrowers (a) demand call for repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, whereupon the Loan shall become due and payable on the date so specified together with all interest accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.

Demand Basis. If, under pursuant to clause 10.2.2, the Agent has declared declares the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders Banks shall) by written notice to the Borrowers the (a) demand call for repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.

Demand Basis. If, under pursuant to clause 10.2.2, the Agent has declared declares the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders Banks shall) by written notice to the Borrowers (a) demand call for repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.

Demand Basis. If, under clause 10.2.2, the Agent has declared the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders shall) by written notice to the Borrowers (a) demand repayment of the g Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, the Loan shall become due and payable on the date so specified together with all interest accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.

Demand Basis. If, under clause 10.2.2, the Agent has declared the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders shall) by written notice to the Borrowers (a) demand repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, the Loan shall become due and payable on the date so specified together with all interest accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.