Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ prior notice, cancel the whole or any part (being a minimum of HK$100,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 5 contracts
Samples: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) three Business Days’ ' prior noticewritten notice (or such shorter period as the Majority Lenders may agree), cancel the whole or any part (being a minimum amount of HK$100,000,000EUR 5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 5 contracts
Samples: Syndicated Loan Agreement (Hillenbrand, Inc.), Syndicated L/G Facility Agreement (Hillenbrand, Inc.), Syndicated Loan Agreement (Hillenbrand, Inc.)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel reduce the whole Available Facility to zero or any part by such amount (being a minimum amount of HK$100,000,000US$5,000,000) of as the Available Facility Company may specify in respect of the Revolving Facilitysuch notice. Any cancellation such reduction under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 5 contracts
Samples: Facility Agreement, Facility Agreement (Alibaba Group Holding LTD), Facility Agreement (Alibaba Group Holding LTD)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000£1,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 5 contracts
Samples: Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.)
Voluntary cancellation. The Borrower may, if it gives by giving the Agent not less than five three (53) Business Days’ Days prior written notice, permanently reduce, cancel the whole or any terminate all or part (being a minimum of HK$100,000,000) of the Available unutilised portions of the Commercial Facility in respect Loan Commitment or all or part of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments Facility Commitment (but if in part, in a minimum amount of the Lenders rateably under the Revolving FacilityUSD 1,000,000 and in integral multiples of USD 1,000,000).
Appears in 4 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000USD 500,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.5 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 4 contracts
Samples: Single Currency Revolving Facility Agreement (StoneX Group Inc.), Revolving Facility Agreement (StoneX Group Inc.), Usd 75,000,000 Single Currency Revolving Facility Agreement (StoneX Group Inc.)
Voluntary cancellation. The Borrower may, if it gives they give the Agent not less than five (5) 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 HK$100,000,000USD10,000,000) of the Available Facility in respect of the Revolving FacilityTotal Commitments. Any cancellation under this Clause 8.2 7.8 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 4 contracts
Samples: Facility Agreement, Facility Agreement, Facility Agreement (Hoegh LNG Partners LP)
Voluntary cancellation. The A Borrower (or the Company on its behalf) may, if it gives the Facility Agent not less than five (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 HK$100,000,000$5,000,000 or EUR5,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 clause 8.1 shall reduce the Commitments Proposed Participations of the Lenders rateably under the Revolving that Facility.
Appears in 3 contracts
Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.), Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.), Borrowing Base Facility Agreement (Aegean Marine Petroleum Network Inc.)
Voluntary cancellation. The Borrower Obligors’ Agent may, if it gives the Agent not less than five (5) 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 HK$100,000,000EUR 5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 3 contracts
Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 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 HK$100,000,000£5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 3 contracts
Samples: Facility Agreement (Best Buy Co Inc), £110,000,000 Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD), Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000$5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably rateably. Any amounts cancelled under the Revolving Facilitythis Clause 7.3 may not be reinstated.
Appears in 3 contracts
Samples: Facility Agreement (Bunge LTD), Facility Agreement (Bunge LTD), Facility Agreement (Bunge LTD)
Voluntary cancellation. The Each Borrower may, if it gives they give the Agent not less than five (5) 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 HK$100,000,000) USD 1,000,000 of the Available Facility in respect undrawn amount of the Revolving Facilityrelevant Tranche). Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 3 contracts
Samples: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) three Business Days’ prior noticewritten notice (or such shorter period as the Majority Lenders may agree), cancel the whole or any part (being a minimum amount of HK$100,000,000EUR 5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 3 contracts
Samples: Syndicated L/G Facility Agreement (Hillenbrand, Inc.), Amendment Agreement (Hillenbrand, Inc.), Syndicated Loan Agreement (Hillenbrand, Inc.)
Voluntary cancellation. The Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than thirty-five (535) Business Daysdays’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum of HK$100,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 3 contracts
Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Voluntary cancellation. (a) The Borrower may, if it gives the Agent not less than five (5) 5 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 HK$100,000,000EUR 20,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under rateably.
(b) Any part of the Revolving FacilityAvailable Commitments undrawn on the last day of the Availability Period shall be automatically cancelled in full.
Appears in 2 contracts
Samples: Credit Facility Agreement (Saturn Expansion Corp), Credit Facility Agreement (Sap Ag)
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Facility Agent not less than five ten (510) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum an integral multiple of HK$100,000,000the Approved Currency Equivalent of US$250,000 and not less than the Approved Currency Equivalent of US$1,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under on the Revolving FacilityPro Rata Basis.
Appears in 2 contracts
Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) ten Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum an amount which is an integral multiple of HK$100,000,000$1,000,000) of the Available Facility in respect undrawn amount of the Revolving FacilityLoan. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Secured Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (but if in part, being a minimum amount of HK$100,000,000$1,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 13 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Term Facility Agreement (Manchester United PLC), Term Facility Agreement (Manchester United PLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior written notice, cancel reduce the whole Available Facility to zero or any part by such amount (being a minimum amount of HK$100,000,000) USD50,000,000 and an integral multiple of USD5,000,000 or, if less, the Available Facility Facility) as the Borrower may specify in respect of the Revolving Facilitysuch notice. Any cancellation such reduction under this Clause 8.2 7.5 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (PCGI Intermediate Holdings LTD), Loan Agreement (PCGI Intermediate Holdings LTD)
Voluntary cancellation. The Borrower Borrowers may, if it gives the Facility Agent not less than five ten (510) Business Days’ ' (or such shorter period as the Facility Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000USD 5,000,000 and in multiples of USD 1,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.3 shall reduce the Commitments under the Facility of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.)
Voluntary cancellation. The A Borrower (or the Parent on behalf of a Borrower) may, if it gives the Agent not less than five three days (5or such shorter period as the Majority Lenders may agree) Business Days’ prior noticenotice which is then irrevocable, cancel the whole or any part (being a minimum amount of HK$100,000,000$5,000,000 (and an integral multiple of $1,000,000 thereafter)) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 10.4 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facilities Agreement (Signet Jewelers LTD), Facilities Agreement (Signet Jewelers LTD)
Voluntary cancellation. The A Borrower may, if it gives the Agent by giving not less than five three (53) Business Days’ prior noticewritten notice to the Agent (or such shorter period as the Agent may agree), cancel the whole or any part of the Available Facility (but, if in part, in an amount being a minimum of HK$100,000,000) of the Available Facility in respect of the Revolving FacilityUSD 5,000,000). Any cancellation under this Clause 8.2 7.4 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term and Revolving Facilities Agreement
Voluntary cancellation. The Borrower Borrowers may, if it gives by giving the Agent not less than five ten (510) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (but if in part, being a minimum amount of HK$100,000,000) USD 5,000,000 of the Available Facility in respect of Facility, or such lower amount as the Revolving FacilityMajority Lenders should agree to). Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)
Voluntary cancellation. The Borrower Company may, if it gives the Facility Agent not less than five (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 HK$100,000,000€5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.9 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Bond Bridge Facility Agreement (Coca-Cola HBC AG), Bond Bridge Facility Agreement (Coca-Cola HBC AG)
Voluntary cancellation. The Borrower Applicant (or the Company on the Applicant’s behalf) may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Banks may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000£5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.3 shall reduce the Commitments of the Lenders rateably under the Revolving FacilityBanks rateably.
Appears in 2 contracts
Samples: Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC), Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC)
Voluntary cancellation. The Borrower Company may, if it gives the Facility Agent not less than five (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 HK$100,000,000€5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.8 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Squeeze Out Facility Agreement (Coca-Cola HBC AG), Squeeze Out Facility Agreement (Coca-Cola HBC AG)
Voluntary cancellation. The Borrower maymay at any time prior to Utilisation, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Agent may agree) prior written notice, cancel the whole or any part (being a minimum amount and integral multiple of HK$100,000,000A$5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under the Revolving FacilityTotal Commitments.
Appears in 2 contracts
Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) ten Business Days’ (or such shorter period as the Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000US$1,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 clause 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)
Voluntary cancellation. The (a) Subject to paragraph (b) below, the Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ ' (or such shorter period as all Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000£1,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.1 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
(b) The Borrower shall not cancel any part of the Available Commitment with respect to a Facility on or prior to the Closing Date.
Appears in 2 contracts
Samples: Senior Term Facilities Agreement (CorpAcq Group PLC), Senior Term Facilities Agreement (CorpAcq Group PLC)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 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 HK$100,000,000EUR 10,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (Delhaize Group), Facility Agreement (Delhaize Group)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000USD 1,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate Corp)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five Business Days (5or such shorter period as the Majority Lenders may agree) Business Days’ prior notice, cancel the whole or any part (being a minimum amount and an integral multiple of HK$100,000,000$1,000,000) of the Available Facility in respect of the Revolving Maximum Facility. Any cancellation under this Clause 8.2 9.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Borrowing Base Facility Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)
Voluntary cancellation. The Borrower Guarantor may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Banks may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000U.S.$5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.3 shall reduce the Commitments Stated Amounts of the Lenders rateably under the Revolving FacilityBanks rateably.
Appears in 2 contracts
Samples: Facility Agreement (Platinum Underwriters Holdings LTD), Facility Agreement (Platinum Underwriters Holdings LTD)
Voluntary cancellation. The Borrower, or the Guarantor if no Borrower has acceded to the Agreement, may, if it gives they give the Agent not less than five ten (510) Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000the aggregate of two instalments or multiples thereof) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.1 (Voluntary cancellation) shall occur on a Payment Date and reduce the Commitments of the Lenders rateably under the Revolving Facilityproportionately.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (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 HK$100,000,000USD 50,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.3 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Facility Agreement (Eksportfinans Asa), Facility Agreement (Eksportfinans Asa)
Voluntary cancellation. The During the relevant Availability Period, the Original Borrower may, if it gives the Facility Agent not less than five 5 (5five) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum aggregate amount of HK$100,000,000ZAR50,000,000 (Fifty Million Rand) and in integral multiples of ZAR10,000,000 (Ten Million Rand) in excess thereof) of the relevant Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.7 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Term and Revolving Credit Facilities Agreement, Term and Revolving Credit Facilities Agreement (Sibanye Gold LTD)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (but, if in part, being a minimum amount of HK$100,000,000$5,000,000) of the Available Facility in respect of the Revolving FacilityTranche A or Tranche B as specified in such notice. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments Tranche A Commitment or Tranche B Commitment of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Single Currency Term Facility Agreement (Bristol Myers Squibb Co), Single Currency Term Facility Agreement (Bristol Myers Squibb Co)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 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 HK$100,000,000USD 20,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.3 shall reduce the Lenders’ Commitments of the Lenders rateably under the Revolving Facilitythat Facility rateably.
Appears in 2 contracts
Samples: Term Loan Facilities Agreement, Term Loan Facilities Agreement (Linde AG)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000$5,000,000) of the Available Facility in respect of the Revolving Facility. Any Upon any such cancellation under this Clause 8.2 the Total Commitments shall reduce be reduced by the same amount and the relevant Commitments of the Lenders rateably under the Revolving Facilityreduced pro rata.
Appears in 2 contracts
Samples: Facility Agreement (Cool Co Ltd.), Facility Agreement (Cool Co Ltd.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000Euro 10,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 10.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Credit Facility Agreement (Lafarge), Credit Facility Agreement (Lafarge)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five ten (510) 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 HK$100,000,000) USD 5,000,000 of the Available Facility in respect of Facility, or such lower amount as the Revolving FacilityMajority Lenders should agree to). Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 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 HK$100,000,000EUR10,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement, Facility Agreement (VTTI Energy Partners LP)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) two Business Days’ ' (starting from the Specified Time) (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000$5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.3 shall reduce the Commitments of the Lenders rateably rateably. Any amounts cancelled under the Revolving Facilitythis Clause 8.3 may not be reinstated.
Appears in 2 contracts
Samples: Revolving Facility Agreement (Bunge Global SA), Facility Agreement (Bungeltd)
Voluntary cancellation. The Each Borrower may, if it gives the Agent not less than five (5) 7 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 HK$100,000,000€10,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Multicurrency Revolving Facility Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000) $1,000,000 and a multiple of $1,000,000 of any part of the Available Facility in respect which is undrawn at the proposed date of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilitycancellation.
Appears in 2 contracts
Samples: Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.)
Voluntary cancellation. The Borrower may, if it gives the Agent by giving not less than five three (53) Business Days’ prior noticewritten notice to the Agent (or such shorter period as the Agent may agree), cancel the whole or any part of the Available Facility (but, if in part, in an amount being a minimum of HK$100,000,000) of the Available Facility in respect of the Revolving FacilityUSD 5,000,000). Any cancellation under this Clause 8.2 7.4 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Term Facility Agreement, Term Facility Agreement (KNOT Offshore Partners LP)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 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 HK$100,000,000€5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (Nordic Telephone CO ApS), Facility Agreement (Nordic Telephone CO ApS)
Voluntary cancellation. The A Borrower may, if it gives the Agent not less than five thirty (530) Business Days’ (or such shorter period as the Majority Lenders or, with regards to any Facility B Commitment, the Facility B Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000USD 2,500,000 or integral multiples thereof) of the Available Facility in respect of the Revolving FacilityFacilities. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilitycancelled Facilities.
Appears in 2 contracts
Samples: Senior Secured Credit Facilities Agreement, Senior Secured Credit Facilities Agreement (KNOT Offshore Partners LP)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 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 HK$100,000,000JPY25,000,000 and a multiple of JPY25,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Facility Agreement (Synnex Corp), Facility Agreement (Synnex Corp)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, notice cancel the whole or any part (being a minimum amount of HK$100,000,000USD 100,000,000) of the any Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.5 shall reduce the Commitments of the Lenders rateably under the Revolving Facilitythat Facility rateably.
Appears in 2 contracts
Samples: Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi), Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi)
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Agent not less than five 14 days' (5or such shorter period as the Majority Lenders may agree) Business Days’ prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000$500,000) of the Available Facility in respect undrawn amount of the Revolving Facilitya Tranche. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Secured Loan Facility Agreement (Diana Containerships Inc.), Secured Loan Agreement (Diana Containerships Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000U.S.$5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)
Voluntary cancellation. The A Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000) £5,000,000 of the Available Facility in respect of the Revolving FacilityTotal Commitments. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (Hines Global REIT, Inc.), Facility Agreement (Hines Global REIT, Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five 5 RFR Banking Days' (5or such shorter period as the Majority Lenders may agree) Business Days’ prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000US$500,000 (or its equivalent in A$) and integral multiples thereof or, if less, the balance of a Facility) of the an Available Facility in respect before the end of the Revolving Facilityits Availability Period. Any cancellation under this Clause 8.2 9.5 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Syndicated Facility Agreement (Metals Acquisition LTD), Syndicated Facility Agreement (Metals Acquisition Corp)
Voluntary cancellation. The Borrowers, or the Guarantor if no Borrower has acceded to the Agreement, may, if it gives they give the Agent not less than five fifteen (515) Business Days’ days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000) USD 500,000 of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.1 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under the Revolving Facilityproportionately.
Appears in 2 contracts
Samples: Term Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000USD 5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 2 contracts
Samples: Facility Agreement (Polestar Automotive Holding UK PLC), Facility Agreement (Polestar Automotive Holding UK PLC)
Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Agent not less than five 7 days' (5or such shorter period as the Majority Lenders may agree) Business Days’ prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000$1,000,000 or a larger amount which is an integral multiple of $1,000,000) of the an Available Facility in respect and subject to payment of a cancellation fee of 0.5% of the Revolving Facilityprincipal amount cancelled. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000US$3,000,000 (or its HK$ equivalent) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (Tom Online Inc), Facility Agreement (TOM Group LTD)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being in a minimum of HK$100,000,000£1,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.5 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (NorthStar Healthcare Income, Inc.)
Voluntary cancellation. The Borrower may, if it gives they give the Agent not less than five (5) 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 HK$100,000,000USD10,000,000) of the Available Facility in respect of the Revolving FacilityTotal Commitments. Any cancellation under this Clause 8.2 7.8 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000$5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)
Voluntary cancellation. The Each Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior noticenotice (in form of a Cancellation Notice), cancel the whole or any part (being a minimum amount of HK$100,000,000EUR 5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 2 contracts
Samples: Revolving Facilities Agreement (Molson Coors Brewing Co), Unsecured Uncommitted Revolving Facilities Agreement (Molson Coors Brewing Co)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 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 HK$100,000,000EUR 20,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Credit Facility Agreement (Sap Ag), Credit Facility Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000Euro 25,000,000 and in integral multiples of Euro 5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.7 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Amending Agreement (Sappi LTD), Facility Agreement (Sappi LTD)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 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 HK$100,000,000€5,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 11.4 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 2 contracts
Samples: Facility Agreement (Rockwood Specialties Group Inc), Facility Agreement (Rockwood Specialties Group Inc)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 5 Business Days’ prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000U.S.$10,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 8.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Credit Facility Agreement (Lafarge), Credit Facility Agreement (Lafarge)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 20 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 HK$100,000,000$25,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.4 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 2 contracts
Samples: Senior Secured Facility Agreement (Aluminum Corp of China), Facility Agreement (Aluminum Corp of China)
Voluntary cancellation. The Borrower maymay at any time during the Availability Period, if it gives the Facility Agent not less than five (5) four Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum of HK$100,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 clause 7.4 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 2 contracts
Samples: Term Facility Agreement (Coeur D Alene Mines Corp), Term Facility Agreement (Coeur D Alene Mines Corp)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000£500,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Revolving Facility Agreement
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five ten days’ (5or such shorter period as the Majority Lenders may agree) Business Days’ prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000US$10 million (and higher integral multiples of US$1 million)) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.4 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, may if it gives the Facility Agent not less than five fifteen (515) Business Days’ prior written notice, cancel cancel, the whole or any part (being a minimum amount of HK$100,000,000USD 20,000,000) of the Available Facility in respect of the Revolving Facilityany Tranche. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityin respect of such Tranche rateably.
Appears in 1 contract
Samples: $300,000,000 Ekn Supported Facility Agreement (Mobile Telesystems Ojsc)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 30 Business Days’ prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000USD 5,000,000 and in multiples of USD 500,000) of the Available Facility in respect of the Revolving Facilitywithout any additional cost. Any cancellation under this Clause 8.2 6.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityratably.
Appears in 1 contract
Samples: Facility Agreement (OI S.A. - In Judicial Reorganization)
Voluntary cancellation. The Borrower may, if it gives the Facility Agent not less than five (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 HK$100,000,000USD25,000,000 and integral multiples of USD1,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.4 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five ten (510) 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 HK$100,000,000) USD 5,000,000 of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.5 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than thirty-five (535) Business Days’ days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum of HK$100,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Voluntary cancellation. a) The Borrower Borrowers may, if it gives they give the Agent not less than five three (53) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (part, being an amount that reduces the Total Commitments by a minimum amount of HK$100,000,000USD 5,000,000 and in integral multiples of USD 1,000,000.
b) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.6 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (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 HK$100,000,000£1,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.4 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 1 contract
Samples: Facility Agreement
Voluntary cancellation. The Each Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000U.S.$10,000,000 ) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.5 shall reduce the Commitments of the Facility D Lenders or Facility E Lenders, as the case may be, rateably under the Revolving that Facility.
Appears in 1 contract
Samples: Loan Agreement (Luxottica Group Spa)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 10 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 HK$100,000,000$10,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 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 HK$100,000,000or corresponding to EUR 5,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 1 contract
Samples: Multicurrency Term and Revolving Facilities Agreement (Tenedor CORP)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000EUR 5,000,000 and an integral multiple of EUR 1,000,000) of the Available Facility in respect of the Revolving Facilitywithout any fee or penalty. Any cancellation under this Clause 8.2 7.5 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Facility Agreement (Central European Media Enterprises LTD)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000US$[*] or if less, the Available Facility) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Facility Agreement (Advanced Technology (Cayman) LTD)
Voluntary cancellation. The Borrower may, may if it gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders in respect of the Facility B to which such cancellation relates may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000US$10,000,000 and, if more, an integral multiple of US$1,000,000) of the Available Facility in respect of the Revolving Facility. B. Any cancellation under this Clause 8.2 shall reduce rateably the Commitments of the Lenders rateably under the Revolving Facility.Facility B.
Appears in 1 contract
Voluntary cancellation. The Borrower Each of the Borrowers may, if it gives the Agent not less than five (5) 30 Business Days’ (or such shorter period as the Majority Lenders may agree, which shall never be shorter than 3 Business Days) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000US$5,000,000 and integral multiples of US$1,000,000) of the Available Facility in respect of the Revolving FacilityCommitments under a Tranche. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Facility Agreement (Danaos Corp)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five ten (510) 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 HK$100,000,000US$1,000,000 or if less, the undrawn amount) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.4 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Senior Reserve Base Lending Facility Agreement (Fx Energy Inc)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000US$5,000,000 and an integral multiple of US$1,000,000) of the Available Facility in respect of the Revolving FacilityTotal Commitments without premium or penalty. Any cancellation under this Clause 8.2 7.4 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Facility Agreement (CTC Media, Inc.)
Voluntary cancellation. The Subject to Clause 7.3 (Voluntary prepayment of Loans) the Borrower may, if it gives the Agent not less than five (5) seven 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 HK$100,000,000US$5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 10 Business Days’ ' prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000CHF []) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 10.4 shall reduce the relevant Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Development Facility Agreement
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) 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 HK$100,000,000US$1,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.2 in respect of any Facility shall reduce the Commitments Commitment of the Lenders each Lender rateably under the Revolving that Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five ten (510) Business Days’ (or such shorter period as the Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of HK$100,000,000USD 1,000,000 and in integral multiples thereof) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.3 shall reduce the Commitments under the Facility of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Term Loan Facility Agreement (KNOT Offshore Partners LP)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) 10 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 HK$100,000,000£15,000,000) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (5) Business 5 Banking 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 HK$100,000,000£5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 clause 9.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facility.
Appears in 1 contract
Samples: Facility Agreement (British Sky Broadcasting Group PLC)
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000EUR1,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 10.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Facility Agreement (Schroder Ventures International Investment Trust PLC)
Voluntary cancellation. (a) The Borrower may, if it gives the Agent not less than five (5) 10 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 HK$100,000,000$25,000,000 or its equivalent in euros) of the an Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving that Facility.
(b) The Borrower shall not cancel any part of the Available Commitment of a Facility unless at the same time it cancels a pro rata amount of the Available Commitments for the other Facility.
Appears in 1 contract
Voluntary cancellation. The Subject to Clause 7.3 (Voluntary prepayment of Loans) the Borrower may, if it gives the Agent not less than five (5) seven 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 HK$100,000,000US$5,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 7.2 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives the Agent not less than five (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 HK$100,000,000euro 5,000,000 and if greater, in an integral multiple of euro 1,000,000) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.4 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel reduce the whole Available Facility to zero or any part by such amount (being a minimum amount of HK$100,000,000US$5,000,000) of as the Available Facility Company may specify in respect of the Revolving Facilitysuch notice. Any cancellation such reduction under this Clause 8.2 7.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower Borrowers may, if it gives the Agent not less than five ten (510) Business Days’ ' (or such shorter period as the Majority Lenders may agree) prior written notice, cancel the whole or any part of the Available Commitments (but if in part being a minimum amount of HK$100,000,000) of the Available Facility USD 5,000,000 or in respect of the Revolving Facilityintegral multiples thereof). Any cancellation under this Clause 8.2 7.6 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Samples: Term Loan Facility (Flex LNG Ltd.)
Voluntary cancellation. The Borrower Company may, if it gives the Agent not less than five (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 HK$100,000,000£5,000,000 (five million pounds)) of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 9.3 shall reduce the Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract
Voluntary cancellation. The Borrower may, if it gives by giving to the Facility Agent not less than five (5) Business Days’ prior noticeirrevocable notice to that effect, cancel the whole or any part (being a minimum of HK$100,000,000) the Facilities without any penalty. Any such cancellation of the Available Facility in respect of the Revolving Facility. Any cancellation under this Clause 8.2 Commitments shall reduce the Available Commitments of the Lenders rateably under the Revolving Facilityrateably.
Appears in 1 contract