Right of cancellation and repayment Sample Clauses

Right of cancellation and repayment in relation to a single Lender
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Right of cancellation and repayment in relation to a single Lender or Issuing Bank
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Right of cancellation and repayment in Relation to a Single Lender) or Clause 27.13 (Replacement of Lender), an L/C Bank may not withhold such consent unless, acting reasonably, the reason for so doing relates to the creditworthiness of the proposed New Lender.
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Right of cancellation and repayment in relation to a Single Lender), Clause 7.5 (Right of Cancellation in relation to a Defaulting Lender), Clause 8.1 (Exit), Clause 36.4 (Replacement of Lender) or Clause 36.6 (Replacement of a Defaulting Lender).
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Right of cancellation and repayment in Relation to a Single Lender), Clause 8.1 (Change of Control) or Clause 8.2 (Sanctions), then ​ the amount of the Facility Repayment Instalment for each Facility Repayment Date falling after that repayment or prepayment will reduce pro rata by the amount of the Loan repaid or prepaid.
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Right of cancellation and repayment. (a) If any sum payable to the Lender is required to be increased under clause 15.1(c) (Tax gross-up) the Borrower may, whilst the circumstance giving rise to the requirement for indemnification continues, give the Lender notice of cancellation of the Commitment and its intention to procure the repayment of all Loans.
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Related to Right of cancellation and repayment

  • Prepayment and Cancellation 8.1 Mandatory prepayment - illegality

  • Winding Up and Certificate of Cancellation The winding up of the LLC shall be completed when all of its debts, liabilities and obligations have been paid and discharged or reasonably adequate provisions therefore has been made, and all of the remaining property and assets of the LLC have been distributed to the Member. Upon the completion of the winding up of the LLC, a Certificate of Cancellation of the LLC shall be filed with the Delaware Secretary of State.

  • Notice of Cancellation Each insurance policy required above shall provide that coverage shall not be canceled, except with notice to City.

  • Certificate of Cancellation On completion of the winding up of the Company as provided herein and under the Act, the Members (or such other Person or Persons as the Act may require or permit) shall file a certificate of cancellation with the Secretary of State of the State of Delaware and take such other actions as may be necessary to terminate the existence of the Company. Upon the filing of such certificate of cancellation, the existence of the Company shall terminate, except as may be otherwise provided by the Act or by Applicable Law.

  • Voluntary cancellation Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than thirty-five (35) days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part of the Available Facility. Any cancellation under this Clause 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably.

  • Section 309 Cancellation All Securities surrendered for payment, redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of as directed by a Company Order.

  • 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.

  • Repayment Prepayment and Cancellation 6 REPAYMENT

  • Termination and Reduction of the Commitments (a) Unless previously terminated, the Commitments shall terminate on the Maturity Date.

  • Termination and Reduction of Commitments (a) Unless previously terminated, the Commitments shall terminate on the Maturity Date.

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