Repayment and Cancellation Sample Clauses

Repayment and Cancellation. (a) The Company shall repay all outstanding Interim Term Loans and other amounts owing by it under the Interim Documents and the Interim Facility shall be cancelled in full and the Interim Commitments reduced to zero, in each case on the date (the Termination Date) which is the earlier of: (i) the date falling 90 days after the First Utilisation Date; (ii) the date of receipt by the Company of a written demand from the Interim Facility Agent (acting on the instructions of the Interim Lenders) following the occurrence of a Major Default in respect of Holdco or the Company which is continuing (excluding any provision that requires Holdco or the Company to procure compliance by another person (including any other member of the Group or any member of the Target Group)) requiring prepayment and cancellation in full of the Interim Term Facility; and (iii) the date of receipt by the Company of the proceeds of the first utilisation made under the Debt Facilities (if applicable, free of any escrow or similar arrangements). (b) The Company may, if it gives the Interim Facility Agent not less than 5 Business Days’ prior notice, cancel or prepay the whole or any part of the Interim Term Loan. (c) All Interim Utilisations shall be repaid together with accrued but unpaid interest. (d) No part of an Interim Facility which is repaid may be re-borrowed. (e) The Interim Commitments of each Interim Lender under each Interim Facility will be automatically cancelled at the close of business in London on the last day of the Availability Period for that Interim Facility to the extent undrawn at that date. (f) To the extent undrawn at that date, the Interim Facility shall be cancelled in full and the Interim Commitments reduced to zero at 11:59 p.m. London time on the last day of the Certain Funds Period.
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Repayment and Cancellation. 2.4.1. The Commitment under this Agreement shall be repaid or cancelled in accordance with the applicable provisions of this Agreement. 2.4.2. Each Bank shall meet its effective Commitment, by fulfilling relevant obligations under this Agreement and providing the promised portion of the Loan; provided, that a Bank shall not be required to maintain or perform the Commitment under this Agreement if it discovers prior to performing such Commitment that the maintenance or performance of the same will result in its violation of laws or regulations, or if such Bank is precluded by other applicable laws or regulations from maintaining or performing such obligations under this Agreement (in which case, the Bank shall immediately notify the Borrower and Agent). If a Bank discovers after performing its Commitment that its maintenance of the same constitutes or will constitute a violation of law or regulation on its part, such Bank shall immediately notify the Borrower and the Agent. The Borrower shall then make repayment with respect to such Commitment or otherwise resolve to relieve such Bank of the relevant obligation(s) within 5 Business Days (or a longer period permitted by laws and regulations for cure) of its receipt of the notice from such Bank, and such Bank's Commitment shall immediately be cancelled or reduced to the extent permitted by laws and regulations. If the Bank is responsible for such violation of laws or regulations mentioned above, such Bank shall make other arrangements for the Borrower for substitute financing under terms comparable to those offered by this Agreement. If the above-mentioned violation of laws or regulations is not attributable to such Bank, such Bank shall negotiate with the Borrower and use reasonable efforts to arrange for or assist the Borrower in obtaining other financing to the extent permissible by laws and regulations; provided, that neither the Agent nor any such Bank shall guarantee that such other financing may be procured. 2.4.3. The Borrower may at any time, with not less than 15 days prior written notice to the Agent, prepay the outstanding Loan in whole or in part without charge or penalty; provided that: (a) With respect to each such prepayment, the amount to be prepaid shall be in the minimum amount of US$20,000,000, and any portion of such prepayment in excess of NT$20,000,000 shall be in multiples of US$5,000,000 (unless the entire outstanding balance of the Loan is less than US$20,000,000, or the portion of t...
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Repayment and Cancellation. 9.1 Each Advance shall be repaid on the maturity date of the Interest Period selected for such Advance. The Facility is revolving however and any amount which has been repaid will be available for redrawing by way of further Advances in accordance with clause 6 above. 9.2 All outstanding Advances and other sums (if any) owing under the Facility shall in any event be repaid or paid in full by the Termination Date. 9.3 The Borrower may at any time by notice to the Bank (effective only on actual receipt) cancel with effect from a date not less than 30 days after the receipt by the Bank of such notice the whole or any part (in minimum amounts and multiples of £500,000) of the Facility which is not (at the proposed date of cancellation) being borrowed or has not then been requested. Any such notice of cancellation once given shall be irrevocable. 9.4 The Borrower may at any time following seven days’ irrevocable notice to the Bank (effective only on actual receipt) prepay the whole or any part (in a minimum amount and multiples of £500,000) without penalty but subject to Break Costs.
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Repayment and Cancellation. Except in relation to any Finance Party which is in breach of its representation under Clause 11.1.2 (Illegality) upon demand by the Agent on behalf, and at the request, of such Bank: 11.2.1 the Borrower will, on such date as the Agent certifies as necessary to comply with the relevant law, repay that Bank’s participation in the Advances together with all other Secured Obligations payable to such Bank; and 11.2.2 such Bank will then be released from any rights or obligations it owes under the Finance Documents and the amount of its Commitment will immediately be reduced to zero.
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Repayment and Cancellation. 6.1 MATURITY OF THE FACILITY The final maturity date of the Facility is December 31, 2006. The final maturity of the USD Loan portion of the Facility is December 31, 2002.
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Repayment and Cancellation. 8.1 Subject to the terms of Clause 13 below, (and without prejudice to the terms of Clause 4.3 above), all monies accrued due owing or otherwise outstanding hereunder shall be repaid and paid to the Bank in full no later than the Repayment Date on which date the Facility shall expire. 8.2 The Borrower may, by giving to the Bank not less than thirty days' prior written notice at any time before the last day of the Availability Period, cancel the whole or any part of the undrawn portion of the Facility (being, in the case of partial cancellations (pound)1,000,000 or a larger integral multiple of(pound)1,000,000). Any such notice of cancellation shall be irrevocable. No commitment fee shall be payable in respect of a cancelled portion of the Facility
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Repayment and Cancellation. Subject to the terms of the Senior Debt: (i) The Borrower shall repay each Advance on the last day of its Fixture Period to the Lender. (ii) Subject to the terms of this Agreement, any amount repaid or prepaid may be redrawn. (iii) The Borrower may, if it gives notice to the Lender not later than 11.00 a.m. (London time), prepay the whole or any part of an Advance on that day. (iv) Any prepayment under this Agreement shall be made together with interest accrued to the date of prepayment on the amount prepaid and subject to payment of any Break Costs, without premium or penalty. (v) The Borrower may, at any time before the Commitment Termination Date, cancel without penalty, the whole or part of the Facility Amount which is for the time being undrawn. The Facility Amount will be reduced accordingly. Amounts cancelled will not be available for re-drawing.
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Repayment and Cancellation. (a) Subject to any provision of the Master Agreement or this Appendix to the contrary the Borrower will repay the Existing Accommodation at the end of the Availability Period. (b) Each Advance, all interest and any other moneys (other than moneys referred to in clause 12 of the Master Agreement) to become owing or payable by the Borrower to the Bank in respect of an Advance shall be repaid or paid in the currency in which such Advance is denominated. The Borrower agrees that it shall ensure that the Bank has the opportunity to quote for the supply of any United States Dollars and/or Optional Currency required by the Borrower to meet its obligations hereunder. (c) The Borrower upon giving not less than five Business. Days prior notice (or such shorter notice as may be agreed) (such notice to be irrevocable) to the Bank but subject to clause 18.3 of the Master Agreement may repay an Advance at any time. The Borrower shall not be permitted to repay part only of an Advance. Any amount so repaid shall continue to form part of the Accommodation Limit. (d) The Borrower will obtain all necessary approvals from the Reserve Bank of Australia with regard to any Exchange Control restrictions for any Advance or otherwise PROVIDED THAT if at any time in relation to any payment becoming due (whether of principal or interest) Exchange Control restrictions imposed by the Reserve Bank of Australia shall prohibit that payment being made in accordance with clause 5.3(b) of this Appendix and clause 6 of the Master Agreement the Borrower shall make reasonable efforts to remove that prohibition and if unsuccessful therein shall (unless otherwise requested by the Bank) on the due
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Repayment and Cancellation 
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Related to Repayment and Cancellation

  • Prepayment and Cancellation 29 10. Interest........................................................ 31 11. Terms........................................................... 33 12.

  • Repayment Prepayment and Cancellation 6 REPAYMENT

  • Amendment and Cancellation We may amend or change the terms and conditions of this Agreement at any time. You will be notified of any change in the manner provided by applicable law prior to the effective date of the change. However, if the change is made for security purposes, we can implement such change without prior notice. We may cancel or suspend your Card or this Agreement at any time. You may cancel this Agreement by returning the Card to us. Your termination of this Agreement will not affect any of our rights or your obligations arising under this Agreement prior to termination. In the event that your Card Account is cancelled, closed, or terminated for any reason, you may request the unused balance to be returned to you via a check to the mailing address we have in our records. There may be a fee for this service. Subject to applicable law, the Issuer reserves the right to refuse to return any unused balance amount less than $1.00.

  • Termination and Cancellation 9. 1. Licences will expire after the period shown in Clause 3 (above). 9. 2. Licensee reserves the right to terminate the Licence in the event that payment is not received in full or if there has been a breach of this agreement by you. Appendix 1 — Acknowledgements: Reprinted by permission from [the Licensor]: [Journal Publisher (e.g. Nature/Springer/Palgrave)] [JOURNAL NAME] [REFERENCE CITATION (Article name, Author(s) Name), [COPYRIGHT] (year of publication) For Advance Online Publication papers: Reprinted by permission from [the Licensor]: [Journal Publisher (e.g. Nature/Springer/Palgrave)] [JOURNAL NAME] [REFERENCE CITATION (Article name, Author(s) Name), [COPYRIGHT] (year of publication), advance online publication, day month year (doi: 10.1038/sj.[JOURNAL ACRONYM].)

  • TERM AND CANCELLATION 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three [3] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

  • Debt Cancellation Borrower shall not cancel or otherwise forgive or release any claim or debt (other than termination of Leases in accordance herewith) owed to Borrower by any Person, except for adequate consideration and in the ordinary course of Borrower’s business.

  • ORDER CANCELLATION Users of this contract are advised that orders (all or part) cancelled or returned after acceptance of requested merchandise will be subject to a restocking fee of ten percent (10%) of the invoice amount (not to exceed $500.00 per order) plus return freight charges. The amount authorized for payment of return freight will, in no instance, be more than original delivery charges documented by carrier. These charges may be applied, at the option of the supplier, to those orders which have been accepted. Orders cancelled prior to shipment or acceptance by ordering entity from the manufacturer will not be assessed charges.

  • Policy Cancellation Except for ten days notice for non-payment of premium, each insurance policy shall be endorsed to state that; without thirty (30) days prior written notice to the City, the policy shall not be canceled, non-renewed or coverage and/or limits reduced or materially altered, and shall provide that notices required by this paragraph shall be sent by certified mail to the address shown below.

  • Suspension and Cancellation Section 5.01. The following is specified as an additional event for suspension of the right of the Recipient to make withdrawals from the Grant Account for the purposes of Section 8.01(k) of the Grant Regulations or cancellation of the Grant pursuant to Section 8.02 of the Grant Regulations: the Recipient shall have failed to perform any of its obligations under the ADB Grant Agreement.

  • Contract Cancellation DCF may cancel this Contract after providing the Contractor with thirty (30) calendar days written notice of the Contractor’s right to cure a failure of the Contractor to perform under the terms of this Contract. The following are examples of contractor failure that would warrant cancellation: • Breaches or defaults an obligation under the Contract as follows: • Fails to follow the sales and use tax certification requirements of s. 77.66 of the Wisconsin Statutes; • Incurs a delinquent Wisconsin tax liability; • Fails to submit a non-discrimination or affirmative action plan as required here in; • Fails to follow the non-discrimination or affirmative action requirements of subch. II, Chapter 111 of the Wisconsin Statutes (Wisconsin’s Fair Employment Law); • Becomes a Federally debarred Contractor; • Is excluded from Federal procurement and non-procurement contracts; • Fails to maintain and keep in force all required insurance, permits and licenses as provided in this Contract; • Fails to maintain the confidentiality of DCF’s information that is considered to be Confidential Information, proprietary, or containing Personally Identifiable Information; • Contractor violates other state laws; or • Contractor performance threatens the health or safety of a State employee or State customer. The Contractor may cancel this Contract after providing DCF one hundred and twenty (120) calendar days’ notice of the State’s right to cure a failure of the State to perform under the terms of this Contract. Upon cancellation of this Contract for any reason, or upon Contract expiration, each party shall be released from all obligations to the other party arising after the date of cancellation or expiration, except for those that by their terms survive such cancellation or expiration.

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