Notice of prepayment; reduction of repayment instalments. 4.5.1 No prepayment may be effected under clause 4.2 unless the Borrowers shall have given the Agent at least fifteen (15) days’ prior written notice of their intention to make such prepayment. Every notice of prepayment shall be effective only on actual receipt by the Agent, shall be irrevocable, shall specify the amount to be prepaid and shall oblige the Borrowers to make such prepayment on the date specified.
Notice of prepayment; reduction of repayment instalments. 4.6.1 Every notice of prepayment shall be effective only on actual receipt by the Lender, shall be irrevocable, shall specify the amount to be prepaid and shall oblige the Borrower to make such prepayment on the date specified.
Notice of prepayment; reduction of repayment instalments. 4.5.1 No prepayment may be effected under clause 4.2 unless the Borrower shall have given the Lender at least three (3) Banking Day’s prior written notice of its intention to make such prepayment. Every notice of prepayment shall be effective only on actual receipt by the Lender, shall be irrevocable, shall specify the amount to be prepaid and shall oblige the Borrower to make such prepayment on the date specified.
Notice of prepayment; reduction of repayment instalments. 4.5.1 No prepayment may be effected under clause 4.2 unless the Borrowers shall have given the Bank at least fourteen (14) days' notice of their intention to make such prepayment. Every notice of prepayment shall be effective only on actual receipt by the Bank, shall be irrevocable, shall specify the Tranche and the amount thereof to be prepaid and shall oblige the Borrowers to make such prepayment on the date specified.
Notice of prepayment; reduction of repayment instalments. No prepayment may be effected under clause 5.2 unless the Borrower shall have given the Bank at least fourteen (14) days notice of its intention to make such prepayment. Every notice of prepayment shall be effective only on actual receipt by the Bank, shall be irrevocable, shall specify the amount to be prepaid and shall oblige the Borrower to make such prepayment on the date specified. No amount prepaid may be reborrowed and any amount prepaid pursuant to clause 5.2 or clause 9.2.1 shall be applied in reducing the repayment instalments under clause 5.1 in direct order of their due dates for payment. The Borrower may not prepay the Loan or any part thereof save as expressly provided in this Agreement.
Notice of prepayment; reduction of repayment instalments. No prepayment may be effected under clause 5.2 unless the Borrower shall have given the Bank at least thirty (30) Banking Days notice of its intention to make such prepayment. Every notice of prepayment shall be effective only on actual receipt by the Bank, shall be irrevocable, shall specify the amount to be prepaid and shall oblige the Borrower to make such prepayment on the date specified. No amount prepaid may be reborrowed and any amount prepaid pursuant to clause 5.2 shall be applied in reducing the repayment instalments under clause 5.1 in direct order of their due dates for payment whilst any amount prepaid pursuant to clause 5.8 shall be applied in reducing the repayment instalments under clause 5.1 in inverse order of their due dates for payment and any amount prepaid pursuant to clause 9.2.1 shall be applied in reducing the repayment instalments under clause 5.1 proportionately. The Borrower may not prepay the Loan or any part thereof save as expressly provided in this Agreement.
Notice of prepayment; reduction of repayment instalments. No prepayment may be effected under clause 4.2 unless the Borrowers shall have given the Agent at least ten (10) days, prior written notice of their intention to make such prepayment. Every notice of prepayment shall be effective only on actual receipt by the Agent, shall be irrevocable, shall specify the amount to be prepaid, the Advance in respect of which such prepayment is made and shall oblige the Borrowers to make such prepayment on the date specified. No amount prepaid may be reborrowed. Any amount prepaid pursuant to clauses 4.2, 4.3 or 8.2.1 shall be applied in reducing the relevant repayment instalments and the relevant Balloon Instalment under clause 4.1 in inverse order of their due dates for payment. The Borrowers may not prepay the Loan or any part thereof save as expressly provided in this Agreement.
Notice of prepayment; reduction of repayment instalments. 4.5.1 No prepayment may be effected under clause 4.2 unless the Borrowers shall have given the Agent at least ten (10) Banking Days’ prior written notice of their intention to make such prepayment.
Notice of prepayment; reduction of repayment instalments. 4.7.1 No prepayment may be effected under clause 4.2 or 4.3 unless the Borrower shall have given the Agent (who shall notify each Bank thereof of the intended prepayment) at least ten (10) Banking Days’ notice of its intention to make such prepayment. Every notice of prepayment shall be effective only on actual receipt by the Agent, shall be irrevocable, shall specify the amount to be prepaid and shall oblige the Borrower to make such prepayment on the date specified. No amount prepaid may (other then as provided in clause 4.3) be re-borrowed and no amount cancelled may be borrowed. Any amount prepaid or cancelled pursuant to clauses 4.2, 4.3, 4.4 (except 4.4.2 and 4.4.3) or 8.2.1 shall be applied in reducing the repayment instalments under clause 4.1 in inverse order of their due dates for payment (and for the avoidance of doubt any amount subsequently re-borrowed pursuant to clause 4.3 shall be added to the final repayment instalment). Any amount prepaid pursuant to clause 4.4.2 and 4.4.3 shall be applied against the repayment instalments and the balloon under clause 4.1 on a pro rata basis. No amount which has been re-borrowed pursuant to clause 4.3 and which is prepaid may again be reborrowed.
Notice of prepayment; reduction of repayment instalments. 4.6.1 No prepayment may be effected under clause 4.2 unless the Borrowers shall have given the Banks at least fourteen (14) days’ notice of their intention to make such prepayment. Every notice of prepayment shall be effective only on actual receipt by the Banks, shall be irrevocable, shall specify the amount to be prepaid and shall oblige the Borrowers to make such prepayment on the date specified. No amount prepaid may be reborrowed. Any amount prepaid pursuant to clauses 4.2 and 8.2.1(a) shall be applied pro rata as between the relevant Advances and amounts repaid under clause 4.4 shall be applied first in prepayment of the Advance in respect of the Ship that shall have been sold or become a Total Loss and second on a pro rata basis as between the remaining Advances all such prepayments shall be applied in reducing the repayment instalments in inverse order of their due dates for payment.
