Common use of Prepayment; termination of Commitment Clause in Contracts

Prepayment; termination of Commitment. A notice under Clause 10.4 (Notice of prepayment) shall be irrevocable; and on the last Business Day of the interest period set by the Lender the Borrower shall prepay (without premium or penalty) the Loan, together with accrued interest thereon at the applicable rate plus the Margin and the balance of all other amounts payable under this Agreement and the other Security Documents or, if the Commitment has not been advanced, the Commitment shall be reduced to zero and the Loan shall not be made to the Borrower under this Agreement thereafter.

Prepayment; termination of Commitment. A notice under Clause 10.4 clause 3.8 (Notice of prepayment) shall be irrevocable; and on the last Business Banking Day of the interest period set by the Lender the Borrower shall prepay (without any prepayment fee under clause 4.7 or any premium or penalty) the Loan, together with accrued interest thereon at the applicable rate plus the Margin and the balance of all other amounts payable under this Agreement and the other Security Documents or, if the Commitment has not been advanced, the Commitment shall be reduced to zero and the Loan shall not be made to the Borrower under this Agreement thereafter.

Prepayment; termination of Commitment. A notice under Clause 10.4 3.8 (Notice of prepayment) shall be irrevocable; and on the last Business Banking Day of the interest period set by the Lender the Borrower shall prepay (without premium or penalty) the Loan, together with accrued interest thereon at the applicable rate plus the Applicable Margin and the balance of all other amounts payable under this Agreement and the other Security Documents or, if the Commitment has not been advanced, the Commitment shall be reduced to zero and the Loan shall not be made to the Borrower under this Agreement thereafter.

Prepayment; termination of Commitment. A notice under Clause 10.4 3.8 (Notice of prepayment) shall be irrevocable; and on the last Business Banking Day of the interest period set by the Lender the Borrower Borrowers shall prepay (without premium or penalty) the Loan, together with accrued interest thereon at the applicable rate plus the Margin and the balance of all other amounts payable under this Agreement and the other Security Documents or, if the Commitment has not been advanced, the Commitment shall be reduced to zero and the Loan shall not be made to the Borrower Borrowers under this Agreement thereafter.

Prepayment; termination of Commitment. A notice under Clause 10.4 3.8 (Notice of prepayment) shall be irrevocable; and on the last Business Banking Day of the interest period set by the Lender the Borrower Borrowers shall prepay (without premium or penalty) the Loan, together with accrued interest thereon at the applicable rate plus the Applicable Margin and the balance of all other amounts payable under this Agreement and the other Security Documents or, if the Commitment has not been advanced, the Commitment shall be reduced to zero and the Loan shall not be made to the Borrower Borrowers under this Agreement thereafter.