Common use of Voluntary and automatic cancellation Clause in Contracts

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,000) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche then unutilised rateably. (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,000) of the Available Facility. Any cancellation under this Clause 7.3 7.2 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche then unutilised rateably. (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan Delivery Advance is made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 five Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, cancel the whole or any part (being a minimum amount of $500,0001,000,000 or an integral multiple of that amount or such lesser amount as may be acceptable to the Majority Lenders) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders rateably and the amount of each Tranche then unutilised rateablythe relevant Tranche(s). (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan last Advance is made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 ten Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,0001,000,000) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders rateably and the amount of each Tranche then unutilised rateablythe relevant Tranche(s). (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is Advances are made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,0001,000,000) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche then unutilised rateably. (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan Advance is made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 five Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,0001,000,000 per Tranche outstanding) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders rateably and the amount of each Tranche then unutilised rateablythe relevant Tranche(s). (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is Advances are made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 10 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part of the unutilised Commitments (but, if in part, being an amount that reduces the Commitments by a minimum amount of $500,000) 500,000 or a multiple of the Available Facilitythat amount). Any cancellation under this Clause 7.3 7.2 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche then unutilised rateably. (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is made available.

Voluntary and automatic cancellation. (a) The Borrowers Borrower may, if they give it gives the Facility Agent not less than 15 5 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,000) of the Available Facility300,000). Any cancellation under this Clause 7.3 7.2 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche then unutilised rateably. (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 three Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,000) 1,000,000 of the Available FacilityLoan). Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) 8.4 shall reduce the Commitments of the Lenders rateably and the amount of each Tranche then unutilised rateablythe relevant Tranche(s). (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan that Tranche is made availablemade.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,000) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche then unutilised rateably. (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 Business Days’ five RFR Banking Days (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,0001,000,000) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche then unutilised rateably. (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 five Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,000500,000 or a multiple of that amount) of the Available Facility. Any cancellation under this Clause 7.3 7.2 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche the Advances then unutilised drawn rateably. (b) The unutilised Commitment (if any) of each Lender in respect of an Advance shall be automatically cancelled at close of business on the date on which the Loan that Advance is made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 ten Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $500,0001,000,000) of the Available Facility. Any cancellation under this Clause 7.3 7.2 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders rateably and the amount of each Tranche then unutilised rateablythe relevant Tranche(s). (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is Advances are made available.

Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Facility Agent not less than 15 10 Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior noticenotice and subject to compliance with Clause 11.3 (Prepayment or cancellation fee), cancel the whole or any part (being a minimum amount of $500,000500,000 or any multiple thereof) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the Commitments of the Lenders and the amount of each Tranche then unutilised rateably. (b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the date on which the Loan is Tranches are made available.