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

Right of replacement or repayment and cancellation in relation to a single Lender. the Borrower shall repay that Xxxxxx’s participation in the Loan made to the Borrower on the last day of the Interest Period for the Loan occurring after the Agent has notified the Borrower or, if earlier, the date specified by the Lender in the notice delivered to the Agent (being no earlier than the last day of any applicable grace period permitted by law) and that Xxxxxx’s corresponding Commitment(s) shall be immediately cancelled in the amount of the participations repaid.

Right of replacement or repayment and cancellation in relation to a single Lender. the Borrower shall repay that Xxxxxx’s participation Lender's xxxxxcipation in the Loan Loans made to the Borrower on the last day of the Interest Period for the each Loan occurring after the Agent has notified the Borrower or, if earlier, the date specified by the Lender in the notice delivered to the Agent (being no earlier than the last day of any applicable grace period permitted by law) and that Xxxxxx’s corresponding Commitment(s) Lender's xxxxxsponding Commitment shall be immediately cancelled in the amount of the participations repaid.

Right of replacement or repayment and cancellation in relation to a single Lender. the Borrower shall repay that Xxxxxx’s 's participation in the Loan Loans made to the Borrower on the last day of the Interest Period for the each Loan occurring after the Agent has notified the Borrower or, if earlier, the date specified by the Lender in the notice delivered to the Agent (being no earlier than the last day of any applicable grace period permitted by law) and that Xxxxxx’s 's corresponding Commitment(s) Commitment shall be immediately cancelled in the amount of the participations repaid.

Right of replacement or repayment and cancellation in relation to a single Lender. the Borrower shall repay that Xxxxxx’s participation in the each Loan made to the Borrower on the last day of the Interest Period for the that Loan occurring after the Agent has notified the Borrower or, if earlier, the date specified by the Lender in the notice delivered to the Agent (being no earlier than the last day of any applicable grace period permitted by law) and that Xxxxxx’s corresponding Commitment(s) shall be immediately cancelled in the amount of the participations repaid.