Common use of Effect of Repayment and Prepayment on Commitments Clause in Contracts

Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a Loan under a Facility is repaid or prepaid, an amount of that Lender’s Commitment (equal to the USD Amount of the amount of the participation which is repaid or prepaid) in respect of that Facility will be deemed to be cancelled on the date of repayment or prepayment.

Appears in 2 contracts

Samples: Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate Corp)

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Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s 's participation in a Loan under a Facility is repaid or prepaid, an amount of that Lender’s Xxxxxx's Commitment (equal to the USD Amount of the amount of the participation which is repaid or prepaid) in respect of that Facility will be deemed to be cancelled on the date of repayment or prepayment.

Appears in 2 contracts

Samples: Senior Term Facilities Agreement (CorpAcq Group PLC), Senior Term Facilities Agreement (CorpAcq Group PLC)

Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a the Loan under a Facility is repaid or prepaid, an amount of that Lender’s Commitment (equal to the USD Amount of the amount of the such participation which is repaid or prepaid) in respect of that Facility will be deemed to be cancelled on the date of such repayment or prepayment.

Appears in 2 contracts

Samples: Facility Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (WuXi PharmaTech (Cayman) Inc.)

Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a the Loan under a the Facility is repaid or prepaidprepaid and is not available for redrawing, an amount of that Lender’s Commitment (equal to the USD Amount of the amount of the participation which is repaid or prepaid) in respect of that the Facility will be deemed to be cancelled on the date of repayment or prepayment.

Appears in 2 contracts

Samples: Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)

Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a Loan under a the Facility is repaid or prepaid, an amount of that Lender’s Commitment (equal to the USD Amount of the amount of the participation which is repaid or prepaid) in respect of that Facility will be deemed to be cancelled on the date of repayment or prepayment.

Appears in 1 contract

Samples: Facility Agreement (InterXion Holding N.V.)

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Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a Loan under a Facility is repaid or prepaid, an amount of that Lender’s Commitment in respect of that Facility (equal to the USD Amount of the amount of the such participation which is repaid or prepaid) in respect of that Facility will be deemed to be cancelled on the date of such repayment or prepayment.

Appears in 1 contract

Samples: Deed of Amendment Agreement (RISE Education Cayman LTD)

Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a Loan under a Facility the Bank Guarantee is repaid or prepaid, an amount of that Lender’s Commitment (equal to the USD Amount of the amount of the participation which is repaid or prepaid) in respect of that the Facility will be deemed to be cancelled on the date of repayment or prepayment.

Appears in 1 contract

Samples: Guarantee Facility Agreement (UTAC Holdings Ltd.)

Effect of Repayment and Prepayment on Commitments. If all or part of any Lender’s participation in a Loan under a the Facility is repaid or prepaid, an amount of that Lender’s Commitment Commitments (equal to the USD Amount of the amount of the participation which is repaid ​ ​ or prepaid) in respect of that under the Facility will be deemed to be cancelled on the date of repayment or prepayment.

Appears in 1 contract

Samples: Unsecured NGN Term Facility Agreement (IHS Holding LTD)

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