Common use of Effect of Prepayment Clause in Contracts

Effect of Prepayment. If the Borrower, subject always to Clause 7, prepay part of the Loan (whether pursuant to Clause 7, Clause 13.5.2 or any other provision of this Agreement), and the amount of the Loan remaining outstanding after application of that prepayment is less than the Notional Amount (or the aggregate Notional Amounts) of the Transactions then in effect (reduced, if appropriate, in accordance with the Confirmations relating to those Transactions), the obligations of the Borrower in respect of those Transactions shall, unless otherwise agreed by the Bank, be calculated, so far as the Bank considers it practicable to do so, by reference to a Notional Amount (or aggregate Notional Amounts) equal to the amount of the Loan remaining outstanding after application of the prepayment in question, reduced on each Repayment Date by the Repayment Instalment due on that Repayment Date after taking into account the application of the prepayment.

Effect of Prepayment. If the Borrower, subject always to Clause 75, prepay prepays part of the Loan (whether pursuant to Clause 75, Clause 13.5.2 11.2.5 or any other provision of this Agreement), and the amount of the Loan remaining outstanding after application of that prepayment is less than the Notional Amount (or the aggregate Notional Amounts) of the Hedging Transactions then in effect (reduced, if appropriate, in accordance with the Confirmations relating to those Hedging Transactions), the obligations of the Borrower in respect of those Hedging Transactions shall, unless otherwise agreed by the BankAgent, be calculated, so far as the Bank Agent considers it practicable to do so, by reference to a Notional Amount (or aggregate Notional Amounts) equal to the amount of the Loan remaining outstanding after application of the prepayment in question, reduced on each Repayment Date by the amount of the Repayment Instalment due on that Repayment Date after taking into account the application of the prepayment.

Effect of Prepayment. If the BorrowerBorrowers, subject always to Clause 75, prepay part of the Loan (whether pursuant to Clause 75 , Clause 13.5.2 10.2.5 or any other provision of this Agreement), and the amount of the Loan remaining outstanding after application of that prepayment is less than the Notional Amount (or the aggregate Notional Amounts) of the Hedging Transactions then in effect (reduced, if appropriate, in accordance with the Confirmations relating to those Hedging Transactions), the obligations of the Borrower Borrowers in respect of those Hedging Transactions shall, unless otherwise agreed by the Bank, be calculated, so far as the Bank considers it practicable to do so, by reference to a Notional Amount (or aggregate Notional Amounts) equal to the amount of the Loan remaining outstanding after application of the prepayment in question, reduced on each Repayment Date by the amount of the Repayment Instalment due on that Repayment Date after taking into account the application of the prepayment.