Prepayment elections. If Borrower elects (or is deemed to have elected) to prepay an amount in accordance with Section 2.9(e)(i)(A) above, then Borrower may make such prepayment in one installment within 90 days after Borrower’s receipt of the Borrowing Base Deficiency Notice or, provided no Default has occurred and is continuing, in 6 equal consecutive monthly installments beginning within 30 days after Borrower’s receipt of the Borrowing Base Deficiency Notice and continuing on the same day of each month thereafter.
Prepayment elections. The Agent shall notify the Lenders as soon as possible of any proposed prepayment of any Term Loan under Clause 7.3 (Voluntary prepayment of Term Loans) or Clause 8.2 (Disposal, Insurance and Acquisition Proceeds and Excess Cashflow).
Prepayment elections. If the Borrower elects to prepay an amount in accordance with Section 3.03(c)(ii)(A) above, then the Borrower may make such prepayment in six (6) equal consecutive monthly installments beginning within thirty (30) days after Borrower’s receipt of the Borrowing Base Deficiency Notice and continuing on the same day of each month thereafter; provided that all payments required to be made pursuant to this Section 3.03(c)(ii)(B)(1) must be made on or prior to the Termination Date.
Prepayment elections. The Borrower shall (through the Agent) notify the Lenders as soon as possible of any proposed prepayment of the Loan under Clause 8 (Mandatory prepayment and cancellation).
Prepayment elections. The COFACE Agent shall notify the Lenders as soon as possible of any proposed prepayment of any Loan under Clause 7.3 (Voluntary prepayment) or Clause 8.2 (Insurance, Capital Raising and Expropriation Proceeds).
Prepayment elections. The Agent shall notify the Lenders and the Hedge Counterparties in respect of a Facility as soon as possible of any proposed prepayment of that Facility under Clause 7.3 (Voluntary prepayment) or paragraph 2(a) of Schedule 4 (Mandatory Prepayment).
Prepayment elections. The Senior Agent shall notify the Lenders as soon as possible of any proposed prepayment of any Loan or other amount under clause 7.4 (Voluntary prepayment of Total Facility Outstandings).
Prepayment elections. (a) Any prepayment required to be made under Clause 11.8 (Disposal, Insurance, Report and Flotation Proceeds), Clause 11.9 (Excess Takeout Proceeds), Clause 11.10 (Excess cash), Clause 11.11 (Prepayment of Company Utilisations), Clause 11.14 (Bond Redemption Account) or Clause 24.3 (Equity cure right) on a day which is not the last day of an Interest Period relating to the Loan to be prepaid may, if the Company gives the Facility Agent not less than three Business Days (or such shorter period as the Majority Lenders may agree) prior written notice, be applied in prepayment of that Loan instead on the last day of the current Interest Period relating to that Loan.
(b) If the Company makes an election under paragraph (a) above then that Loan will become due and payable in the required amount on the last day of that Interest Period.
(c) The Facility Agent shall notify the Lenders as soon as possible of any prepayment of any Facility B Loan or Facility C Loan to be made under Clause 11.4 (Voluntary prepayment of Term Loans and Revolving Capex Loans), Clause 11.8 (Disposal, Insurance, Report and Flotation Proceeds), Clause 11.9 (Excess Takeout Proceeds), Clause 11.10 (Excess cash), Clause 11.11 (Prepayment of Company Utilisations) or Clause 11.14 (Bond Redemption Account).
(d) Unless all Facility B Loans or, as the case may be, Facility C Loans are proposed to be prepaid in full by the proposed prepayment (or there are no Facility A Loans outstanding or all Facility A Loans are to be repaid or prepaid in full on the same day) a Lender may, if it gives the Facility Agent notice not later than two Business Days after the Facility Agent gives notice to the Lenders of the proposed prepayment, elect to waive its share (the “Declined Amount”) of that partial prepayment of Facility B or Facility C (other than any payment made under Clause 11.1 (Illegality of a Lender), Clause 11.6 (Right of repayment and cancellation in relation to a single Lender) or Clause 11.11 (Prepayment of Company Utilisations). Any Declined Amount shall be applied against the participations of the other Lenders in the Facility B Loans or, as the case may be, the Facility C Loans (subject to any such Lenders’ right to decline hereunder) and thereafter against the participations of the Lenders in the Facility A Loans.
(e) If less than 100 per cent. of Target Shares have been acquired by Bidco at such time as any obligation to prepay any Disposal Proceeds has arisen under this Agreement, such oblig...
Prepayment elections. (a) Any prepayment under paragraph (b) of Clause 11.7 (Exit), Clause 11.8 (Equity Proceeds) or Clause 11.9 (Disposal proceeds) may, if the Company gives the Facility Agent not less than 3 Business Days (or such shorter period as the Majority Lenders may agree) prior written notice, be applied in prepayment of a Loan on the last day of the Interest Period relating to that Loan.
(b) If the Company makes an election under paragraph (a) above of this Clause 11.12 then that Loan will become due and payable in the required amount on the last day of that Interest Period.
(c) No election can be made by the Company under paragraph (a) above and no election already made by the Company under that paragraph shall apply (unless the Majority Banks otherwise agreed in writing) if an Event of Default has occurred and is continuing.
(d) The Facility Agent shall notify the Lenders as soon as possible of any prepayment of any Facility A1 Loan or Facility A2 Loan to be made under Clause 11.4 (Voluntary prepayment of Term Loans), paragraph (b) of Clause 11.7 (Exit), Clause 11.8 (Equity Proceeds) or Clause 11.9 (Disposal, proceeds).
Prepayment elections. The Facility Agent shall notify the Lenders as soon as possible of any proposed prepayment of any Loans under clause 7 (Voluntary Prepayment and Cancellation).
