Common use of Right of repayment and cancellation in relation to a single Lender Clause in Contracts

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under Clause 13 (Tax Gross-up); or (ii) any Lender claims indemnification from the Company under Clause 14.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the Advances. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance is outstanding shall repay that Lender’s participation in that Advance.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph (c) of Clause 13 14.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company an Obligor under Clause 14.1 14.3 (Tax indemnity) or Clause 15.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the relevant Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance is outstanding shall repay that Lender’s participation in that Advancethe Loans to which such Interest Period relates.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor the Borrower is required to be increased under paragraph (c) of Clause 13 13.1 (Tax Gross-up); or (ii) any Lender claims indemnification from the Company Borrower under Clause 13.2 (Tax Indemnity) or Clause 14.1 (Increased costsCosts), the Company Borrower may, whilst the circumstance giving rise to the requirement or for indemnification continues, give the Facility COFACE Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zerozero (0). (c) On the last day of each Interest Period in respect of an Advance which ends after the Company Borrower has given notice under paragraph (a) above (or, if earlier, the date specified by the Company Borrower in that notice), each the Borrower to which an Advance is outstanding shall repay that Lender’s participation in that AdvanceLoan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor the Borrower is required to be increased under Clause 13 13.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company Borrower under Clause 14.1 13.3 (Tax indemnity) or Clause 14 (Increased costsCosts), the Company Borrower may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoan. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each the Interest Period in respect of an Advance which ends after the Company Borrower has given notice under paragraph (a) above (or, if earlier, the date specified by the Company Borrower in that notice), each the Borrower to which an Advance is outstanding shall repay that Lender’s participation in that Advancethe Loan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor the Borrower is required to be increased under paragraph (c) of Clause 13 15.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company Borrower under Clause 14.1 15.3 (Tax indemnity) or Clause 16.1 (Increased costs), the Company Borrower may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company Borrower has given notice under paragraph (a) above (or, if earlier, the date specified by the Company Borrower in that notice), each the Borrower to which an Advance is outstanding shall repay that Lender’s participation in that Advanceeach Loan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph c) of Clause 13 12.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company Borrower under Clause 14.1 12.3 (Tax indemnity) or Clause 13 (Increased costs), the Company Borrower may, whilst the circumstance giving rise to the requirement or for indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoan. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company Borrower has given notice under paragraph (a) above (or, if earlier, the date specified by the Company Borrower in that notice), each the Borrower to which an Advance is outstanding shall repay that Lender’s participation in that Advancethe Loan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph (c) of Clause 13 13.2 (Tax Grossgross-up)) or under an equivalent provision of any Finance Document; or (ii) any Lender claims indemnification from the Company under Clause 13.3 (Tax indemnity) or Clause 14.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s 's participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance a Loan is outstanding shall repay that Lender’s 's participation in that Advance.Loan. Back to Contents

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph (c) of Clause 13 12.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company under Clause 14.1 12.3 (Tax indemnity) or Clause 13.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance a Loan is outstanding shall repay that Lender’s participation in that AdvanceLoan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under Clause 13 (Tax Gross-up); or (ii) any Lender claims indemnification from the Company under Clause 14.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s 's participation in the Advances. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance is outstanding shall repay that Lender’s 's participation in that Advance.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph (c) of Clause 13 13.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company under Clause 13.3 (Tax indemnity) or Clause 14.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance whom a Loan is outstanding shall repay that Lender’s participation in that AdvanceLoan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph (c) of Clause 13 13.2 (Tax Grossgross-up)) or under an equivalent provision of any Finance Document; or (ii) any Lender claims indemnification from the Company under Clause 13.3 (Tax indemnity) or Clause 14.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance a Loan is outstanding shall repay that Lender’s participation in that AdvanceLoan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph (c) of Clause 13 13.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company under Clause 13.3 (Tax indemnity) or Clause 14.1 (Increased costsCosts), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance whom a Loan is outstanding shall repay that Lender’s participation in that AdvanceLoan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under Clause 13 clause 14.2(c) (Tax Gross-upUp); or (ii) any Lender claims indemnification from the Company under Clause 14.1 clause 15.1 (Increased costsCosts), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) aboveclause 9.5(a), the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (aclause 9.5(a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance a Loan is outstanding shall repay that Lender’s participation in that AdvanceLoan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph (c) of Clause 13 13.2 (Tax Gross-gross up); or (ii) any Lender claims indemnification from the Company under Clause 14.1 13.3 (Tax indemnity) or Clause 14 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance a Loan is outstanding shall repay that Lender’s participation in that AdvanceLoan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by the Parent or an Obligor is required to be increased under paragraph (c) of Clause 13 13.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company Original Borrower under Clause 14.1 13.3 (Tax indemnity) or Clause 14 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s 's participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance a Loan is outstanding shall repay that Lender’s 's participation in that AdvanceLoan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor the Company is required to be increased under Clause 13 paragraph (c) of clause 13.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company under Clause clause 13.3 (Tax indemnity) or clause 14.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent Agents notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoan. (b) On receipt of a notice referred to in paragraph (a) above), the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance is outstanding the Company shall repay that Lender’s participation in that Advancethe Loan.

Right of repayment and cancellation in relation to a single Lender. (a) If: (i) any sum payable to any Lender by an Obligor is required to be increased under paragraph (c) of Clause 13 12.2 (Tax Grossgross-up); or (ii) any Lender claims indemnification from the Company under Clause 14.1 12.3 (Tax indemnity) or Clause 13.1 (Increased costs), the Company may, whilst the circumstance giving rise to the requirement or indemnification continues, give the Facility Agent notice of cancellation of the Commitment of that Lender and its intention to procure the repayment of that Lender’s participation in the AdvancesLoans. (b) On receipt of a notice referred to in paragraph (a) above, the Commitment of that Lender shall immediately be reduced to zero. (c) On the last day of each Interest Period in respect of an Advance which ends after the Company has given notice under paragraph (a) above (or, if earlier, the date specified by the Company in that notice), each Borrower to which an Advance whom a Loan is outstanding shall repay that Lender’s participation in that AdvanceLoan.