Repayment, Reduction and Cancellation Sample Clauses

Repayment, Reduction and Cancellation. 2.4.1. The Commitment under this Agreement shall be repaid, reduced or cancelled in accordance with the applicable provisions of this Agreement.
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Repayment, Reduction and Cancellation. 49 10 Fees, Commission, Margin and Expenses................................62
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Repayment, Reduction and Cancellation. 50 6. FEES, COMMISSION, MARGIN AND EXPENSES.....................................................61 7.
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Repayment, Reduction and Cancellation. 62 10 Fees, Commission, Margin and Expenses................................76 11 Payments and Taxes; Accounts and Calculations........................80 12 Guarantee and Indemnity..............................................84
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Repayment, Reduction and Cancellation. 8 4.1 Repayment................................................................................8 4.2 Reduction................................................................................8 4.3 Automatic reduction of amounts available.................................................9 4.4 Final Repayment Date / Cancellation......................................................9 4.6 Cancellation by the Borrower............................................................10 4.7
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Repayment, Reduction and Cancellation. 2.4.1. The Commitment under this Agreement shall be repaid, reduced or cancelled in accordance with the applicable provisions of this Agreement. 2.4.2. Each Bank shall perform its Commitment and obligations under this Agreement to provide the Loans based on its then valid/available Commitment; 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 6 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, prepay its outstanding Loans in whole or in part without premium or penalty; provided that: (a) With respect to each such prepayment, the amount to be prepaid shall be in the minimum amount of NT$500,000,000, and any portion of such prepayment in excess of NT$500,000,000 shall be in multiples of NT$300,000,000 (unless the entire outstanding balance of the Borrower’s Loan is less than NT$500,000,000, or the po...
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Repayment, Reduction and Cancellation 
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Related to Repayment, Reduction and Cancellation

  • Prepayment and Cancellation 8.1 Mandatory prepayment - illegality

  • Repayment Prepayment and Cancellation 6 REPAYMENT

  • Application of Prepayments Reductions (a) Any prepayment of any Loan pursuant to Section 2.11 shall be applied as specified by the Borrower in the applicable notice of prepayment; provided, in the event the Borrower fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied as follows:

  • Payment Reduction While a Deferral Election is in effect, deferrals described in Section 3.1 shall be withheld, based upon the percentage elected, from each payment of Compensation to which the Participant would otherwise have been entitled but for his Deferral Election.

  • Commitment Reductions Any reduction of the Revolving Loan Commitments required or permitted hereunder shall reduce the Revolving Loan Commitment of each Lender having a Revolving Loan Commitment on a pro rata basis based on the Commitment Ratio of such Lender for the Revolving Loan Commitment.

  • Application of Commitment Reductions; Payment of Fees The Administrative Agent will promptly notify the Appropriate Lenders of any termination or reduction of unused portions of the Letter of Credit Sublimit or the Swing Line Sublimit or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the Commitment of each Lender of such Class shall be reduced by such Lender’s Pro Rata Share of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in Section 3.07). All commitment fees accrued until the effective date of any termination of the Aggregate Commitments shall be paid on the effective date of such termination.

  • Application of Prepayments Prior to any optional or mandatory prepayment hereunder, the Borrower shall select the Borrowing or Borrowings to be prepaid and shall specify such selection in the notice of such prepayment pursuant to Section 2.10(i), subject to the provisions of this Section 2.10(h). Any prepayments of Term Loans pursuant to Section 2.10(a) shall be applied as directed by the Borrower. Any prepayments pursuant to Section 2.10(c), (d), (e) and (f), shall be applied pro rata amongst each Tranche of outstanding Term Loans and, within each Tranche, first, to accrued interest and fees with respect to Term Loans being prepaid and second, to reduce the remaining principal amount of the Term Loan (or any equivalent provision applicable to any Tranche of Term Loans extended hereunder after the Closing Date), in direct order of maturity). After application of mandatory prepayments of Term Loans described above in this Section 2.10(h) and to the extent there are mandatory prepayment amounts remaining after such application, such amounts shall be applied, first, to ratably reduce outstanding Revolving Loans in an aggregate amount equal to such excess (without a corresponding reduction of the Revolving Commitments) and, second, to ratably cash collateralize any outstanding Letters of Credit in an aggregate amount equal to such excess (without a corresponding reduction of the Revolving Commitments), and the Borrower shall comply with Section 2.10(b). Amounts to be applied pursuant to Section 2.10(h) to the prepayment of Term Loans or Revolving Loans shall be applied, as applicable, first to reduce outstanding ABR Loans. Any amounts remaining after each such application shall be applied to prepay Eurodollar Loans, as applicable. Notwithstanding the foregoing, if the amount of any prepayment of Loans required under this Section 2.10 shall be in excess of the amount of the ABR Loans at the time outstanding (an “Excess Amount”), if the Borrower has given notice to the Lenders of such prepayment and the Lenders have indicated to the Borrower that breakage payments shall be required under Section 2.13 in respect of such Excess Amount, only the portion of the amount of such prepayment as is equal to the amount of such outstanding ABR Loans shall be immediately prepaid and the Excess Amount shall be either, at the election of the Borrower, (A) deposited in an escrow account (which account shall be subject to a Control Agreement reasonably satisfactory to the Administrative Agent) and applied to the prepayment of Eurodollar Loans on the last day of the then next-expiring Interest Period for Eurodollar Loans; provided that (i) interest in respect of such Excess Amount shall continue to accrue thereon at the rate provided hereunder for the Loans which such Excess Amount is intended to repay until such Excess Amount shall have been used in full to repay such Loans and (ii) at any time while an Event of Default has occurred and is continuing, the Administrative Agent may, and upon written direction from the Required Lenders shall, apply any or all proceeds then on deposit to the payment of such Loans in an amount equal to such Excess Amount or (B) prepaid immediately, together with any amounts owing to the Lenders under Section 2.13. Notwithstanding anything herein to the contrary, with respect to any prepayment under Section 2.10(c), (e) or (f), the Borrower may use a portion of the Net Cash Proceeds to prepay or repurchase Permitted Pari Passu Refinancing Debt and any other senior Indebtedness in each case secured by the Collateral on a pari passu basis with the Liens securing the Obligations (the “Applicable Other Indebtedness”) to the extent required pursuant to the terms of the documentation governing such Applicable Other Indebtedness, in which case, the amount of the prepayment required to be offered with respect to such Net Cash Proceeds pursuant to Section 2.10(c), (e) or (f) shall be deemed to be the amount equal to the product of (x) the amount of such Net Cash Proceeds multiplied by (y) a fraction, the numerator of which is the outstanding principal amount of Term Loans required to be prepaid pursuant to Section 2.10(c), (e) or (f) and the denominator of which is the sum of the outstanding principal amount of such Applicable Other Indebtedness and the outstanding principal amount of Term Loans required to be prepaid pursuant to Section 2.10(c), (e) or (f).

  • Application of Mandatory Prepayments All amounts required to be paid pursuant to this Section 2.05(b) shall be applied as follows:

  • Allocation of Prepayments Before any optional or mandatory prepayment of Borrowings hereunder, the Borrower shall select the Borrowing or Borrowings to be prepaid and shall specify such selection in the notice of such prepayment pursuant to Section 2.10(f).

  • Application of prepayment The provisions of Clause 8 shall apply in relation to the prepayment.

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