Common use of Right of cancellation in relation to a Defaulting Finance Party Clause in Contracts

Right of cancellation in relation to a Defaulting Finance Party. (a) The Borrower may give the Agent five Business Days' notice of cancellation of the Available Commitment of a Lender that is, and continues to be, a Defaulting Finance Party.

Appears in 2 contracts

Samples: Certain Confidential Information (Metals Acquisition LTD), Certain Confidential Information (Metals Acquisition Corp)

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Right of cancellation in relation to a Defaulting Finance Party. (a) The Borrower may give the Agent five Business 5 RFR Banking Days' notice of cancellation of the each Available Commitment of a Lender that is, and continues to be, a Defaulting Finance Party.

Appears in 2 contracts

Samples: Agreement (Metals Acquisition LTD), Agreement (Metals Acquisition Corp)

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