Common use of General Right to Cancel Clause in Contracts

General Right to Cancel. Subject to Section 3.3(e), the Borrower may also at any time, upon the Borrower giving the Agent not less than 3 Banking Days' prior notice, cancel in whole or in part any undrawn portion of the Commitment Amount, provided that any such cancellation of the Commitment Amount will be made pro rata to all Lenders on the basis of each such Lender's Rateable Portion thereof and will result in a permanent reduction of the Commitment Amount.

General Right to Cancel. Subject to Section 3.3(e3.4(e), the Borrower may also at any time, upon the Borrower giving the Agent not less than 3 Banking Days' ’ prior notice, cancel in whole or in part any undrawn portion of the Commitment AmountAmount under either Tranche, provided that any such cancellation of the Commitment Amount will be made pro rata to all Lenders under the applicable Tranche on the basis of each such Lender's ’s Rateable Portion thereof and will result in a permanent reduction of the Commitment AmountAmount under such Tranche.

General Right to Cancel. Subject to Section 3.3(e3.4(e), the Borrower may also at any time, upon the Borrower giving the Agent not less than 3 Banking Days' prior notice, cancel in whole or in part any undrawn portion of the Commitment Amount, provided that any such cancellation of the Commitment Amount will be made pro rata to all Lenders on the basis of each such Lender's Rateable Portion thereof and will result in a permanent reduction of the Commitment Amount.