Common use of Prepayment Notice Clause in Contracts

Prepayment Notice. The Borrower shall give five Banking Days written notice to the Administrative Agent of each voluntary prepayment pursuant to Section 9.2. Such notice (a “Prepayment Notice”) shall be irrevocable, shall be given in accordance with Section 3.10 and shall specify: (a) the date on which the prepayment is to take place; and (b) the type and principal amount of the Loan or the portion thereof which is to be prepaid.

Appears in 2 contracts

Samples: Loan Agreement (Yamana Gold Inc), Loan Agreement (Yamana Gold Inc)

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Prepayment Notice. The relevant Borrower shall give five Banking Days written notice to the Administrative Agent of each voluntary prepayment pursuant to Section 9.29.3. Such notice (a “Prepayment Notice”) shall be irrevocable, shall be given in accordance with Section 3.10 and shall specify: (a) the Credit Facility under which the prepayment is to be made; (b) the date on which the prepayment is to take place; and (bc) the type and principal amount of the Loan or the portion thereof which is to be prepaid.

Appears in 2 contracts

Samples: Loan Agreement (4352351 Canada Inc.), Loan Agreement (Lundin Mining CORP)

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Prepayment Notice. The Borrower shall give five Banking Days written notice to the Administrative Agent of each voluntary prepayment pursuant to Section 9.29.3. Such notice (a “Prepayment Notice”) shall be irrevocable, shall be given in accordance with Section 3.10 3.12 and shall specify: (a) the Credit Facility under which the prepayment is to be made; (b) the date on which the prepayment is to take place; and (bc) the type and principal amount of the Loan or the portion thereof which is to be prepaid.

Appears in 1 contract

Samples: Credit Agreement (Yamana Gold Inc)

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