Common use of Time of prepayment and cancellation Clause in Contracts

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

Appears in 2 contracts

Samples: www.lw.com, Seadrill Partners LLC

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Time of prepayment and cancellation. The Borrowers No Borrower shall not repay or prepay all or any part of any Rig Advance made to it or cancel all or any part of the CEXIM Facility Commitment or the Commercial Facility Commitment except at the times and in the manner expressly provided for in this Agreement.

Appears in 1 contract

Samples: Framework Agreement (Seadrill Partners LLC)

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

Appears in 1 contract

Samples: Framework Agreement (Seadrill Partners LLC)

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