Suspension and Cancellation by Ex-Im Bank. (a) If a Borrower fails to pay when due any amount owing under any Fee Letter, any Credit Agreement, or any Note with respect to a Credit, or if any other Event of Default should occur and be continuing, then Ex-Im Bank, by written notice to the Lender, the Borrower and any Guarantor, may:
Suspension and Cancellation by Ex-Im Bank. (a) If a Borrower fails to pay when due any amount owing under any Fee Letter or any Debt Document with respect to an Approved Credit, or if any other Event of Default should occur and be continuing, then Ex-Im Bank, by written notice to the Lender, the Borrower and any Guarantor, may: (i) suspend further Utilizations of the relevant Approved Credit until Ex-Im Bank is satisfied that the cause of such suspension has been removed; or (ii) cancel the unutilized and uncancelled amount of the relevant Approved Credit, provided, however, that Ex-Im Bank shall not suspend or cancel any portion of the relevant Approved Credit for which Letters of Credit have been issued or confirmed by the Lender. The Lender shall cause any Debt Document (in the form of a credit agreement) to provide for suspensions or cancellations of the relevant Approved Credit in accordance with this Section 10.08.
Suspension and Cancellation by Ex-Im Bank. (a) If a Lessee fails to pay when due any amount owing under any Fee Letter, any Lease Agreement or any Lease Supplement with respect to a Credit, or if any other Event of Default should occur and be continuing, then Ex-Im Bank, by written notice to the Lessor, the Lessee and any Guarantor, may: (i) suspend further Utilizations of the Credit until Ex-Im Bank is satisfied that the cause of such suspension has been removed; or (ii) cancel the unutilized and uncancelled amount of the Credit. The Lessor shall cause any Lease Agreement to provide for suspensions or cancellations of the relevant Credit in accordance with this Section 10.08.
Suspension and Cancellation by Ex-Im Bank. If a Lease Event of Default or Loan Event of Default shall occur and be continuing, then Ex-Im Bank may, by written notice to the Facility Agent, GFC, and each Borrower Party: (i) suspend further Utilizations under the Ex-Im Bank Guarantee until Ex-Im Bank is satisfied that the cause of such suspension has been removed; and/or (ii) cancel the unutilized and uncancelled amount of the Ex-Im Bank Commitment. In the event of a cancellation of all or part of the Ex-Im Bank Commitment by Ex-Im Bank, (a) GFC shall pay to Ex-Im Bank on demand all fees, expenses and other amounts (including, but not limited to, any Transaction Costs), owing to or for the benefit of Ex-Im Bank under this Agreement, any other Operative Document, or any other agreement relating thereto between Ex-Im Bank and GFC, and (b) all or a corresponding portion, as the case may be, of each Lender's Commitment shall ipso facto be cancelled for the purposes of this Agreement, the Loan Agreement and each of the other Operative Documents.
Suspension and Cancellation by Ex-Im Bank. (b) If, subsequent to the payment of the Pre-Completion Exposure Fee under Section 8.01(a)(ii), a portion of the Credit has been cancelled pursuant to Section 11.01 (such portion, a “Cancelled Credit”) or a portion of the Credit is not disbursed by the Final Disbursement Date, Ex-Im Bank shall refund the Pre-Completion Exposure Fee applicable to such cancelled or undisbursed amount of the Credit, provided that:
Suspension and Cancellation by Ex-Im Bank. (a) If an Event of Default occurs and is continuing, Ex-Im Bank, by written notice to the Ex-Im Facility Agent, the Borrower and the Guarantor, may: (i) suspend further Utilizations of the Credit until Ex-Im Bank is satisfied that the cause of such suspension has been removed; or (ii) cancel the unutilized and uncancelled amount of the Credit, provided, that Ex-Im Bank shall not suspend or cancel any portion of the Credit for which Letters of Credit have been issued, advised or confirmed. In the event of a cancellation of all or part of the Credit by Ex-Im Bank, the Borrower shall pay to Ex-Im Bank all Commitment Fees accrued and unpaid in respect of such cancelled portion under Section 8.01 (Fees) and all other amounts due and payable to Ex-Im Bank under this Agreement and the other Finance Documents as of the date of cancellation.
