Common use of Mandatory Prepayment on Change of Control Clause in Contracts

Mandatory Prepayment on Change of Control. If there is a Change of Control or Borrower B is delisted from NASDAQ OMX Copenhagen A/S: 7.8.1 the relevant Borrower shall promptly notify the Agent of such Change of Control or delisting as soon as it becomes aware of it; 7.8.2 upon the Lenders becoming aware of such Change in Control or delisting and unless the Lenders agree otherwise in writing, the Commitments will immediately be cancelled and each Borrower shall repay its relevant Tranche (to the extent already advanced prior to the Change of Control) within 7 days of notice from the Agent.

Mandatory Prepayment on Change of Control. If there is a Change of Control or Borrower B is delisted from NASDAQ OMX Copenhagen A/S:: 7. 7.8.1 8.1 the relevant Borrower shall promptly notify the Agent of such Change of Control or delisting as soon as it becomes aware of it;; 7. 7.8.2 8.2 upon the Lenders becoming aware of such Change in Control or delisting and unless the Lenders agree otherwise in writing, the Commitments will immediately be cancelled and each Borrower shall repay its relevant Tranche (to the extent already advanced prior to the Change of Control) within 7 days of notice from the Agent.