Common use of Irrevocability of Notices of Borrowings Clause in Contracts

Irrevocability of Notices of Borrowings. No Borrower may cancel a notice of Borrowing, conversion, renewal, reduction or prepayment. The Borrower concerned must indemnify the Lenders in respect of any loss resulting from its failure to act in accordance with such notice.

Appears in 9 contracts

Samples: Credit Agreement (Cascades Inc), Credit Agreement, Credit Agreement (Cascades Inc)

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Irrevocability of Notices of Borrowings. No Borrower may cancel a notice of Borrowing, conversion, renewal, reduction renewal or prepayment. The Borrower concerned must indemnify the Lenders in respect of any loss resulting from its failure to act in accordance with such notice.

Appears in 2 contracts

Samples: Credit Agreement (Nomad Royalty Co Ltd.), Credit Agreement (Osisko Gold Royalties LTD)

Irrevocability of Notices of Borrowings. No The Borrower may not cancel a notice of Borrowing, conversion, renewal, reduction or prepayment. The Borrower concerned must indemnify the Lenders Lender in respect of any loss resulting from its failure to act in accordance with such notice.

Appears in 1 contract

Samples: Credit Agreement (Neurochem Inc)

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Irrevocability of Notices of Borrowings. No The Borrower may not cancel a notice of Borrowing, conversion, renewal, reduction or prepayment. The Borrower concerned must indemnify the Lenders in respect of any loss resulting from its failure to act in accordance with such notice.

Appears in 1 contract

Samples: Credit Agreement (Neurochem Inc)

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