Common use of Prepayment; termination of Commitment Clause in Contracts

Prepayment; termination of Commitment. A notice under Clause 25.5 shall be irrevocable; the Agent shall promptly notify the Notifying Lender of the Borrower’s notice of intended prepayment; and: (a) on the date on which the Agent serves that notice, the Commitment of the Notifying Lender shall be cancelled; and (b) on the date specified in its notice of intended prepayment, the Borrower shall prepay (without premium or penalty but subject to any applicable prepayment fee under Clause 8.10(c)) the Notifying Lender’s Contribution, together with accrued interest thereon at the applicable rate plus the Margin.

Prepayment; termination of Commitment. A notice under Clause 25.5 shall be irrevocable; the Agent shall promptly notify the Notifying Lender of the Borrower’s notice of intended prepayment; and: (a) on the date on which the Agent serves that notice, the Commitment of the Notifying Lender shall be cancelled; and (b) on the date specified in its notice of intended prepayment, the Borrower shall prepay (without premium or penalty but subject to any applicable prepayment fee under Clause 8.10(c8.8(c)) the Notifying Lender’s Contribution, together with accrued interest thereon at the applicable rate plus the Margin.

Prepayment; termination of Commitment. A notice under Clause 25.5 shall be irrevocable; the Agent shall promptly notify the Notifying Lender of the Borrower’s Borrowers’ notice of intended prepayment; and: (a) on the date on which the Agent serves that notice, the Commitment of the Notifying Lender shall be cancelled; and and (b) on the date specified in its notice of intended prepayment, the Borrower Borrowers shall prepay (without premium or penalty but subject to any applicable prepayment fee under Clause 8.10(c8.9(c)) the Notifying Lender’s Contribution, together with accrued interest thereon at the applicable rate plus the Margin.

Prepayment; termination of Commitment. A notice under Clause 25.5 21.8 (Notice of prepayment) shall be irrevocable; the Agent shall promptly notify the Notifying Relevant Tax Lender of the Borrower’s Borrowers’ notice of intended prepayment; and: (a) on the date on which the Agent serves that notice, the Commitment of the Notifying Relevant Tax Lender shall be cancelled; and (b) on the date specified in its notice of intended prepayment, the Borrower Borrowers shall prepay (without premium or penalty but subject to any applicable prepayment fee under Clause 8.10(c)penalty) the Notifying Relevant Tax Lender’s Contribution, together with accrued interest thereon at the applicable rate plus the relevant Margin.

Prepayment; termination of Commitment. A notice under Clause 25.5 shall be irrevocable; the Agent shall promptly notify the Notifying Lender of the Borrower’s notice of intended prepayment; and: (a) on the date on which the Agent serves that notice, the Commitment of the Notifying Lender shall be cancelled; and (b) on the date specified in its notice of intended prepayment, the Borrower shall prepay (without premium or penalty but subject to any applicable prepayment fee under Clause 8.10(c8.9(c)) the Notifying Lender’s Contribution, together with accrued interest thereon at the applicable rate plus the Margin.

Prepayment; termination of Commitment. A notice under Clause 25.5 22.5 (Notice of prepayment) shall be irrevocable; the Agent shall promptly notify the Notifying Relevant Lender of the Borrower’s Borrowers’ notice of intended prepayment; and: (a) on the date on which the Agent serves that notice, the Commitment of the Notifying Relevant Lender shall be cancelled; and (b) on the date specified in its notice of intended prepayment, the Borrower Borrowers shall prepay (without premium or penalty but subject to any applicable prepayment fee under Clause 8.10(c)penalty) the Notifying Relevant Lender’s Contribution, together with accrued interest thereon at the applicable rate plus the relevant Margin.