Common use of Irrevocable Notice Clause in Contracts

Irrevocable Notice. The Borrower may not prepay or cancel all or part of the Loans except as expressly provided in this Agreement. Any notice of prepayment or cancellation by the Borrower under this Clause 9 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellation.

Appears in 7 contracts

Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement

AutoNDA by SimpleDocs

Irrevocable Notice. The Borrower may not prepay or cancel all or part of the Loans except as expressly provided in this Agreement. Any notice of prepayment or cancellation by the Borrower under this Clause 9 7 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellation.

Appears in 3 contracts

Samples: Senior Secured Term Loan Facility Agreement, Senior Secured Term Loan Facility Agreement (Seadrill Partners LLC), Senior Secured Term Loan Facility Agreement (Seadrill Partners LLC)

Irrevocable Notice. The Borrower may not prepay or cancel all or part of the Loans except as expressly provided in this Agreement. Any notice of prepayment or cancellation by the Borrower under this Clause 9 7 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellationmade.

Appears in 3 contracts

Samples: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD), Term Loan Agreement (Helix Energy Solutions Group Inc), Long Term Facility Agreement (General Geophysics Co)

Irrevocable Notice. The Borrower may not prepay or cancel all or part of the Loans except as expressly provided in this Agreement. Any notice of prepayment or cancellation by the Borrower under this Clause 9 8 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellationmade.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Irrevocable Notice. (a) The Borrower may not prepay or cancel all or part of the Loans except as expressly provided in this Agreement or in accordance with the terms of the Intercreditor Agreement. . (b) Any notice of prepayment or cancellation by the Borrower under this Clause 9 7 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellation.

Appears in 2 contracts

Samples: Term Loan and Revolving Credit Facilities Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

Irrevocable Notice. The Borrower Borrowers may not prepay or cancel all or part of the Loans except as expressly provided in this Agreement. Any notice of prepayment or cancellation by the Borrower Borrowers under this Clause 9 clause 7 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellation.

Appears in 2 contracts

Samples: Secured Credit Facility Agreement, Secured Credit Facility Agreement (Seadrill Partners LLC)

Irrevocable Notice. The No Borrower may not shall prepay or cancel all or part of the Loans except as expressly provided in this Agreement or in accordance with the terms of the Intercreditor Agreement. Any notice of prepayment or cancellation by the a Borrower under this Clause 9 7 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellation.

Appears in 1 contract

Samples: China Eca Facility Framework Agreement (Seadrill Partners LLC)

AutoNDA by SimpleDocs

Irrevocable Notice. The Borrower may not prepay or cancel all or part of the Loans except as expressly provided in this Agreement or in accordance with the terms of the Intercreditor Agreement. Any notice of prepayment or cancellation by the Borrower under this Clause 9 7 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellation.

Appears in 1 contract

Samples: China Eca Facility Framework Agreement (Seadrill Partners LLC)

Irrevocable Notice. The Borrower may not voluntarily prepay or cancel all or part of the Loans except as expressly provided in this Agreement. Any notice of prepayment or cancellation by the Borrower under this Clause 9 7 shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellation.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (North Atlantic Drilling Ltd.)

Irrevocable Notice. The Borrower may not prepay or cancel all or part of the Loans except as expressly provided in this Agreement. Any notice of prepayment or cancellation by the Borrower under this Clause 9 7 shall be irrevocable and, unless a contrary indication appears in this Agreement, and shall specify the date upon which the prepayment or cancellation is to be made and the amount of the prepayment or cancellationprepayment.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Ocean Rig UDW Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!