Common use of Time of prepayment and cancellation Clause in Contracts

Time of prepayment and cancellation. The Borrower shall not repay or prepay all or any part of the Commercial Facility Loan or the Revolving Facility Loan or cancel all or any part of the Commercial Facility Loan Commitment or Revolving Facility Commitment except at the times and in the manner expressly provided for in this Agreement.

Appears in 4 contracts

Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

AutoNDA by SimpleDocs

Time of prepayment and cancellation. The Borrower shall not repay or prepay all or any part of the Commercial Facility Loan or the Revolving Facility any Loan or cancel all or any part of the Commercial Facility Loan Commitment or Revolving Facility Commitment Commitments except at the times and in the manner expressly provided for in this Agreement.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Time of prepayment and cancellation. The Borrower shall not repay or prepay all or any part of the Commercial Facility Loan or the Revolving Facility Loan or cancel all or any part of the Commercial Facility Loan Commitment or Revolving Facility Commitment Commitments except at the times and in the manner expressly provided for in this Agreement.

Appears in 3 contracts

Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

Time of prepayment and cancellation. The Borrower shall not repay or prepay all or any part of the Commercial Facility Loan or the Revolving Facility Loan or cancel all or any part of the Commercial Facility Loan Commitment or Revolving Facility Commitment Commitments except at the times and in the manner expressly provided for in this Agreement.

Appears in 2 contracts

Samples: Term Loan and Revolving Credit Facilities Agreement (Seadrill Partners LLC), Term Loan Agreement (Helix Energy Solutions Group Inc)

Time of prepayment and cancellation. The Borrower shall not repay or prepay all or any part of the Commercial Facility Loan or the Revolving Facility a Loan or cancel all or any part of the Commercial Facility Loan Commitment or Revolving Facility Commitment except at the times and in the manner expressly provided for in this Agreement.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Flex LNG Ltd.), Revolving Credit Facility Agreement (Flex LNG Ltd.)

AutoNDA by SimpleDocs

Time of prepayment and cancellation. The Borrower shall not repay or prepay all or any part of the Commercial Facility Loan or the Revolving Facility a Loan or cancel all or any part of the Commercial Facility Loan Commitment or Revolving Facility Commitment Commitments except at the times and in the manner expressly provided for in this Agreement.

Appears in 1 contract

Samples: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)

Time of prepayment and cancellation. The Borrower shall not repay or prepay all or any part of the Commercial Facility Loan or the Revolving Facility Loan Loans or cancel all or any part of the Commercial Facility Loan Commitment or Revolving Facility Total Commitment except at the times and in the manner expressly provided for in this Agreement.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Seawell LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!