Common use of Unwinding of Designated Transactions Clause in Contracts

Unwinding of Designated Transactions. On or prior to any repayment or prepayment of all or part of the Loan (including, without limitation, pursuant to clause 4.3 following a Total Loss, pursuant to clauses 4.2 or 8.3 or any other provision of this Agreement), the Borrower shall upon the request of the Bank wholly or partially reverse, offset, unwind, cancel, close out, net out or otherwise terminate one or more of the continuing Designated Transactions so that the notional principal amount of the continuing Designated Transactions thereafter remaining does not and will not in the future (taking into account the scheduled amortisation) exceed the amount of the Loan as reducing from time to time thereafter pursuant to clause 4.1.

Unwinding of Designated Transactions. On or prior to any repayment or prepayment of all or part of the Loan (including, without limitation, pursuant to clause 4.3 following a Total Loss, pursuant to clauses 4.2 or 8.3 8.2.1(a) or any other provision of this Agreement), the Borrower Borrowers shall upon the request of the Bank Agent wholly or partially reverse, offset, unwind, cancel, close out, net out or otherwise terminate one or more of the continuing Designated Transactions so that the notional principal amount of the continuing Designated Transactions thereafter remaining does not and will not in the future (taking into account the scheduled amortisation) exceed the amount of the Loan as reducing from time to time thereafter pursuant to clause 4.1.. 5 FEES, COMMITMENT COMMISSION AND EXPENSES

Unwinding of Designated Transactions. On or prior to any repayment or prepayment of all or part of the Loan or any cancellation or reduction of all or part of the Commitments (including, without limitation, pursuant to clause 4.3 following a Total Lossclauses 4.1, pursuant to clauses 4.2 4.2, 4.3, 8.2.1(a), 10.2 or 8.3 or any other provision of this Agreement12), the Borrower Borrowers shall upon the request of the Bank Swap Provider wholly or partially reverse, offset, unwind, cancel, close out, net out or otherwise terminate one or more of the continuing Designated Transactions so that the notional principal amount of the continuing Designated Transactions thereafter remaining does not and will not in the future (taking into account the scheduled amortisation) exceed the amount of the Loan as reducing from time to time thereafter pursuant to clause 4.14.1 or the amount of the Total Commitment as cancelled or reduced to that date.

Unwinding of Designated Transactions. On or prior to any repayment or prepayment of all or part of the Loan (including, without limitation, pursuant to clause clauses 4.2, 4.3 following a Total Loss, pursuant to clauses 4.2 or 8.3 8.2.1 or any other provision of this Agreement), the Borrower Borrowers, shall upon the request of the Bank Agent (acting on the instructions of the Banks), wholly or partially reverse, offset, unwind, cancel, close out, net out or otherwise terminate one or more of the continuing Designated Transactions at that time so that the notional principal amount of the continuing Designated Transactions thereafter remaining does not and will not in the future (taking into account the scheduled amortisation) exceed the amount of the Loan as reducing from time to time thereafter pursuant to clause 4.1.