Common use of Notices of Cancellation or Prepayment Clause in Contracts

Notices of Cancellation or Prepayment. Any notice of cancellation, prepayment, authorisation or other election given by any Party under Clause 13 (Illegality, Voluntary Prepayment and Cancellation), paragraph (c) of Clause 14.3 (Application of mandatory prepayments) or Clause 14.4 (Mandatory Prepayment Accounts) shall (subject to the terms of those Clauses) be irrevocable (unless otherwise agreed by the Majority Lenders) and, unless a contrary indication appears in this Agreement, shall specify the date or dates upon which the relevant cancellation or prepayment is to be made and the amount of that cancellation or prepayment.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Manchester United PLC), Intercreditor Agreement (Manchester United PLC)

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Notices of Cancellation or Prepayment. Any notice of cancellation, prepayment, authorisation or other election given by any Party under Clause 13 7 (Illegality, Voluntary Prepayment voluntary prepayment and Cancellationcancellation), paragraph (cd) of Clause 14.3 8.4 (Application of mandatory prepaymentsMandatory prepayments and cancellations) or Clause 14.4 8.5 (Mandatory Prepayment Accounts) shall (subject to the terms of those Clauses) be irrevocable (unless otherwise agreed by the Majority Lenders) and, unless a contrary indication appears in this Agreement, shall specify the date or dates upon which the relevant cancellation or prepayment is to be made and the amount of that cancellation or prepaymentprepayment of the Facility and/or the Loan.

Appears in 1 contract

Samples: Intercreditor Agreement (Ugi Corp /Pa/)

Notices of Cancellation or Prepayment. Any notice of cancellation, prepayment, authorisation or other election given by any Party under Clause 13 7 (Illegality, Voluntary Prepayment voluntary prepayment and Cancellationcancellation), paragraph (cd) of Clause 14.3 8.3 (Application of mandatory prepaymentsMandatory Prepayments) or Clause 14.4 8.4 (Mandatory Prepayment Accounts and Holding Accounts) shall (subject to the terms of those Clauses) be irrevocable (unless otherwise agreed by the Majority Lenders) and, unless a contrary indication appears in this Agreement, any such notice shall specify the date or dates upon which the relevant cancellation or prepayment is to be made and the amount of that cancellation or prepayment.

Appears in 1 contract

Samples: Facilities Agreement (Velti PLC)

Notices of Cancellation or Prepayment. Any notice of cancellation, prepayment, authorisation or other election given by any Party under Clause 13 7 (Illegality, Voluntary Prepayment and Cancellation), paragraph (cd) of Clause 14.3 8.4 (Application of mandatory prepaymentsprepayments and cancellations) or Clause 14.4 8.5 (Mandatory Prepayment Accounts and Holding Accounts) shall (subject to the terms of those Clauses) be irrevocable (unless otherwise agreed by the Majority Lenders) and, unless a contrary indication appears in this Agreement, shall specify the date or dates upon which the relevant cancellation or prepayment is to be made and the amount of that cancellation or prepayment.

Appears in 1 contract

Samples: Facilities Agreement (StarTek, Inc.)

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Notices of Cancellation or Prepayment. Any notice of cancellation, prepayment, authorisation or other election given by any Party under Clause 13 (Illegality, Voluntary Prepayment and Cancellation), paragraph (cd) of Clause 14.3 (Application of mandatory prepayments) or Clause 14.4 (Mandatory Prepayment Accounts) shall (subject to the terms of those Clauses) be he irrevocable (unless otherwise agreed by the Majority Lenders) and, unless a contrary indication appears in this Agreement, shall specify the date or dates upon which the relevant cancellation or prepayment is to be made and the amount of that cancellation or prepayment.

Appears in 1 contract

Samples: Facilities Agreement (Manchester United Ltd.)

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