Common use of Voluntary cancellation Clause in Contracts

Voluntary cancellation. The Obligors’ Agent may, if it gives the Agent not less than 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 EUR 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably.

Appears in 3 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

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Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000USD 500,000) of the Available Facility. Any cancellation under this Clause 9.3 8.5 shall reduce the Commitments of the Lenders rateably.

Appears in 3 contracts

Samples: Assignment Agreement (StoneX Group Inc.), Facility Agreement (StoneX Group Inc.), StoneX Group Inc.

Voluntary cancellation. The Obligors’ Agent Each Borrower may, if it gives they give the Agent not less than three 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 EUR 5,000,000) USD 1,000,000 of the Available Facilityundrawn amount of the relevant Tranche). Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 3 contracts

Samples: Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR $5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably. Any amounts cancelled under this Clause 7.3 may not be reinstated.

Appears in 3 contracts

Samples: Agreement (Bunge LTD), Agreement (Bunge LTD), Agreement (Bunge LTD)

Voluntary cancellation. The Obligors’ Agent Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than three Business Daysthirty-five (35) days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably.

Appears in 3 contracts

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than 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 EUR 5,000,000EUR10,000,000) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (VTTI Energy Partners LP)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR $5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Commitments of the Lenders rateably. Any amounts cancelled under this Clause 8.3 may not be reinstated.

Appears in 2 contracts

Samples: Agreement (Bunge Global SA), Agreement (Bungeltd)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives the Facility Agent not less than three ten (10) Business Days' (or such shorter period as the Majority Lenders Facility Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000USD 5,000,000 and in multiples of USD 1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Commitments under the Facility of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Flex LNG Ltd.), Agreement (Flex LNG Ltd.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent by giving not less than three (3) Business Days’ prior written notice to the Agent (or such shorter period as the Majority Lenders Agent may agree) prior notice), cancel the whole or any part of the Available Facility (but, if in part, in an amount being a minimum amount of EUR USD 5,000,000) of the Available Facility). Any cancellation under this Clause 9.3 7.4 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 2 contracts

Samples: Term Facility Agreement, Term Facility Agreement (KNOT Offshore Partners LP)

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than three 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 EUR 5,000,000$1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 13 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Manchester United PLC), Intercreditor Agreement (Manchester United PLC)

Voluntary cancellation. The Obligors’ Agent mayBorrowers may (without penalty or premium), if it gives the Agent by giving not less than three ten (10) Business Days’ (prior written notice to the Agent, cancel any undrawn portion of the Total Commitment in minimum amounts of USD 5,000,000 or in integral multiples thereof in each case, or in such shorter period other amounts as the Majority Lenders Agent may from time to time agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Credit and Term Loan Facility Agreement (DryShips Inc.), Loan Facility Agreement (DryShips Inc.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,00020,000,000) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Credit Facility Agreement (Sap Ag), Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives they give the Facility Agent not less than three ten (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 an integral multiple of EUR 5,000,000the Approved Currency Equivalent of US$250,000 and not less than the Approved Currency Equivalent of US$1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.2 shall reduce the Commitments of the Lenders rateablyon the Pro Rata Basis.

Appears in 2 contracts

Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 amount of EUR 5,000,000£1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.5 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

Voluntary cancellation. The Obligors’ Agent Each Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000€10,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives by giving the Agent not less than three ten (10) 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 EUR 5,000,000) USD 5,000,000 of the Available Facility, or such lower amount as the Majority Lenders should agree to). Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)

Voluntary cancellation. The Obligors’ Agent A Borrower may, if it gives the Agent not less than three thirty (30) 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 EUR 5,000,000USD 2,500,000 or integral multiples thereof) of the Available FacilityFacilities. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateablyrateably under the cancelled Facilities.

Appears in 2 contracts

Samples: Credit Facilities Agreement, Credit Facilities Agreement (KNOT Offshore Partners LP)

Voluntary cancellation. The Obligors’ Agent Borrowers, or the Guarantor if no Borrower has acceded to the Agreement, may, if it gives they give the Agent not less than three Business Days’ fifteen (15) days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000) USD 500,000 of the Available Facility. Any cancellation under this Clause 9.3 7.1 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateablyproportionately.

Appears in 2 contracts

Samples: Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) Days prior notice, cancel the in whole or any in part (being a minimum the amount of EUR 5,000,000) the Total Commitments undrawn at the date on which such cancellation is to be effective (but if in part, being an amount of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments minimum NOK 10,000,000, and multiples of the Lenders rateablyNOK 5,000,000 thereafter).

Appears in 2 contracts

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

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than 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 EUR 5,000,000) $1,000,000 and a multiple of $1,000,000 of any part of the Available Facility. Any cancellation under this Clause 9.3 shall reduce Facility which is undrawn at the Commitments proposed date of the Lenders rateablycancellation.

Appears in 2 contracts

Samples: Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000$25,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.4 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.

Appears in 2 contracts

Samples: Agreement (Aluminum Corp of China), Agreement (Aluminum Corp of China)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than 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 EUR 5,000,000USD 100,000,000) of the any Available Facility. Any cancellation under this Clause 9.3 7.5 shall reduce the Commitments of the Lenders under that Facility rateably.

Appears in 2 contracts

Samples: Facilities Agreement (Rentokil Initial PLC /Fi), Facilities Agreement (Rentokil Initial PLC /Fi)

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than 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 EUR 5,000,00010,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Facility Agreement (Delhaize Group), Facility Agreement (Delhaize Group)

Voluntary cancellation. The Obligors’ Agent (a) Subject to paragraph (b) below, the Borrower may, if it gives the COFACE Agent not less than three 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 EUR $5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateablyrateably under each Tranche.

Appears in 2 contracts

Samples: Confidential Treatment (Iridium Communications Inc.), Confidential Treatment (Iridium Communications Inc.)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives they give the Agent not less than three Business Days’ 7 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000$1,000,000 or a larger amount which is an integral multiple of $1,000,000) of an Available Facility and subject to payment of a cancellation fee of 0.5% of the Available Facilityprincipal amount cancelled. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 2 contracts

Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than 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 EUR $5,000,000) of the Available Facility. Any Upon any such cancellation under this Clause 9.3 the Total Commitments shall reduce be reduced by the same amount and the relevant Commitments of the Lenders rateablyreduced pro rata.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR $5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Facility Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000USD 1,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 2 contracts

Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000U.S.$5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Facility Agreement (Giant Interactive Group Inc.), Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000$1,000,000) of the Available Facilityundrawn amount of the Loan. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc.

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Nordic Telephone CO ApS), Agreement (Nordic Telephone CO ApS)

Voluntary cancellation. The Obligors’ Agent Guarantor may, if it gives the Agent not less than three 5 Business Days’ (or such shorter period as the Majority Lenders Banks may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000U.S.$5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Commitments Stated Amounts of the Lenders Banks rateably.

Appears in 2 contracts

Samples: Facility Agreement (Platinum Underwriters Holdings LTD), Assignment Agreement (Platinum Underwriters Holdings LTD)

Voluntary cancellation. The Obligors’ Agent Borrower, or the Guarantor if no Borrower has acceded to the Agreement, may, if it gives they give the Agent not less than three ten (10) 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 EUR 5,000,000the aggregate of two instalments or multiples thereof) of the Available Facility. Any cancellation under this Clause 9.3 7.1 (Voluntary cancellation) shall occur on a Payment Date and reduce the Commitments of the Lenders rateablyproportionately.

Appears in 2 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

Voluntary cancellation. The Obligors’ Agent (a) Subject to paragraph (b) below, the Borrower may, if it gives the Agent not less than three 3 Business Days' (or such shorter period as the Majority all Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000£1,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 8.1 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 2 contracts

Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)

Voluntary cancellation. The Obligors’ Agent 7.2.1 Subject to Clause 7.3 (Voluntary prepayment of Loans) the Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000US$500,000) of the Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of under the Lenders rateablyFacilities pro rata.

Appears in 2 contracts

Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000Euro 10,000,000) of the Available Facility. Any cancellation under this Clause 9.3 10.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Lafarge), Agreement (Lafarge)

Voluntary cancellation. The Obligors’ Agent Each Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.2 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.

Appears in 2 contracts

Samples: Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co)

Voluntary cancellation. The Obligors’ Agent (a) Subject to paragraph (b) below, the Borrower may, if it gives the BPIAE Agent not less than three 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 EUR $5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateablyrateably under each Tranche.

Appears in 2 contracts

Samples: Agreement (Iridium Communications Inc.), Supplemental Agreement (Iridium Communications Inc.)

Voluntary cancellation. The Obligors’ Agent A Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000) £5,000,000 of the Available FacilityTotal Commitments. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Hines Global REIT, Inc., Hines Global REIT, Inc.

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three ten (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 EUR 5,000,000) USD 5,000,000 of the Available Facility, or such lower amount as the Majority Lenders should agree to). Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

Voluntary cancellation. The Obligors’ Agent (a) Subject to paragraph (b) below, the Borrower may, if it gives the COFACE Agent not less than three 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 EUR $5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateablyrateably under each Tranche.

Appears in 2 contracts

Samples: Coface Facility Agreement (Iridium Communications Inc.), Agreement (Iridium Communications Inc.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three ten Business Days’ (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000US$1,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 clause 7.2 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 2 contracts

Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than 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 EUR Euro 25,000,000 and in integral multiples of Euro 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.7 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Amending Agreement (Sappi LTD), Amending Agreement (Sappi LTD)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three Business 5 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 EUR 5,000,000US$500,000 (or its equivalent in A$) and integral multiples thereof or, if less, the balance of a Facility) of an Available Facility before the Available Facilityend of its Availability Period. Any cancellation under this Clause 9.3 9.5 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 2 contracts

Samples: Agreement (Metals Acquisition LTD), Agreement (Metals Acquisition Corp)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000U.S.$10,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Lafarge), Agreement (Lafarge)

Voluntary cancellation. (a) The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,00020,000,000) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Saturn Expansion Corp), Credit Facility Agreement (Sap Ag)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives they give the Agent not less than three Business Days’ 14 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000$500,000) of the Available Facilityundrawn amount of a Tranche. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Loan Agreement (Diana Containerships Inc.), Diana Containerships Inc.

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than 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 EUR $5,000,000) of the Available FacilityFacility in respect of Tranche A or Tranche B as specified in such notice. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments Tranche A Commitment or Tranche B Commitment of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Bristol Myers Squibb Co), Single Currency Term Facility Agreement (Bristol Myers Squibb Co)

Voluntary cancellation. The Obligors’ Agent A Borrower (or the Parent on behalf of a Borrower) may, if it gives the Agent not less than three Business Days’ days (or such shorter period as the Majority Lenders may agree) prior noticenotice which is then irrevocable, cancel the whole or any part (being a minimum amount of EUR 5,000,000$5,000,000 (and an integral multiple of $1,000,000 thereafter)) of the Available Facility. Any cancellation under this Clause 9.3 10.4 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Signet Jewelers LTD), Facilities Agreement (Signet Jewelers LTD)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three five 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 and an integral multiple of EUR 5,000,000$1,000,000) of the Available Maximum Facility. Any cancellation under this Clause 9.3 9.2 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

Voluntary cancellation. The Obligors’ Agent mayBorrower may at any time during the Availability Period, if it gives the Facility Agent not less than three four 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 EUR 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 clause 7.4 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Agreement (Coeur D Alene Mines Corp), Agreement (Coeur D Alene Mines Corp)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives they give the Agent not less than three 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 EUR 5,000,000USD10,000,000) of the Available FacilityTotal Commitments. Any cancellation under this Clause 9.3 7.8 shall reduce the Commitments of the Lenders rateably.

Appears in 2 contracts

Samples: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)

Voluntary cancellation. (a) The Obligors’ Agent Borrowers may, if it gives they give the Agent not less than three ten (10) Business Days’ (or such shorter period as the Majority Lenders may agree) prior indicative notice and five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior confirmative notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000USD 12,000,000) of the Available FacilityFacility in respect of a Tranche (as determined by the Borrowers). Any cancellation under this Clause 9.3 shall reduce the Commitments xxxxxxx.xxx | Page 39 of the Lenders rateably.153 ​

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 equal to two or more outstanding repayment instalments under clause 6.2 (Scheduled repayment of EUR 5,000,000Facility) and which is a multiple of such minimum amount) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce Facility which is undrawn at the Commitments proposed date of the Lenders rateablycancellation.

Appears in 1 contract

Samples: Facility Agreement (GasLog Ltd.)

Voluntary cancellation. The Obligors’ Agent Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than three Business Days’ thirty-five (35) days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000£500,000) of the Available Facility. Any cancellation under this Clause 9.3 7.2 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateablyrateably under the Facility.

Appears in 1 contract

Samples: Agreement (Cascal N.V.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000$1,000,000 and a multiple of $1,000,000) of the Available FacilityFacility B Commitment. Any cancellation under this Clause 9.3 Upon any such cancellation, the Total Commitments and the Facility B Commitment shall reduce be reduced by the Commitments of the Lenders rateablysame amount.

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000RUB 1,000,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Facility Agreement (Ozon Holdings PLC)

Voluntary cancellation. (a) The Obligors’ Agent Original Borrower may, if it gives the Agent not less than three Business Days’ 10 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000$2,500,000 and if more, integral multiples of $1,000,000) of the an Available FacilityFacility without any premium or penalty. Any cancellation under this Clause 9.3 11.1 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Benfield Greig Group PLC)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000$10,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Agreement (Mobile Telesystems Ojsc)

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than 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 EUR 5,000,000£500,000) of the Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.

Appears in 1 contract

Samples: www.workspace.co.uk

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Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than 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 EUR 5,000,000US$25,000,000) of the Available any Facility. Any cancellation under this Clause 9.3 shall reduce rateably the Commitments of the Lenders rateablyunder that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sa De Cv)

Voluntary cancellation. The Obligors’ Agent Each Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 8.2 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Molson Coors Brewing Co)

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than three Business 5 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 EUR 5,000,000£1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 clause 7.4 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.

Appears in 1 contract

Samples: Agreement

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,00010,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.6 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Facility Agreement (Software AG, Inc.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 30 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 EUR 5,000,000USD 5,000,000 and in multiples of USD 500,000) of the Available FacilityFacility without any additional cost. Any cancellation under this Clause 9.3 6.2 shall reduce the Commitments of the Lenders rateablyratably.

Appears in 1 contract

Samples: Facility Agreement (OI S.A. - In Judicial Reorganization)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives they give the Agent not less than three (ten) 10 Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part of a Tranche (but, if in part, being a minimum an amount which is an integral multiple of EUR 5,000,000) of the Available Facilityfive hundred and ten thousand Dollars ($510,000). Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR £5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 clause 9.2 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.

Appears in 1 contract

Samples: Facility Agreement (British Sky Broadcasting Group PLC)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three Business Daysten days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000US$10 million (and higher integral multiples of US$1 million)) of the Available Facility. Any cancellation under this Clause 9.3 7.4 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Stats Chippac Ltd.

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000US$10,000,000 or a higher integral multiple of US$1,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three Business five 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 EUR £5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 9.2 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Facility Agreement (British Sky Broadcasting Group PLC)

Voluntary cancellation. The Obligors’ Agent Each Borrower may, if it gives the Agent not less than three 5 Business Days' (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 9.4 shall reduce the Commitments of the relevant Lenders rateably.

Appears in 1 contract

Samples: Agreement (Whirlpool Corp /De/)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000$6,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Agreement (Reckitt Benckiser Group PLC)

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than three 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 EUR 5,000,000U.S.$1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.6 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateablyrateably under the Facility.

Appears in 1 contract

Samples: Agreement (Misys PLC)

Voluntary cancellation. The Obligors’ Agent may, if it gives the Agent not less than three 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 EUR 5,000,000US$5,000,000 or its equivalent) of the Available Facility. Any cancellation under this Clause 9.3 9.6 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Borse Dubai LTD)

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than three 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 EUR 5,000,000£5,000,000 (five million pounds)) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably.. 9.4

Appears in 1 contract

Samples: Assignment Agreement (Pilgrims Pride Corp)

Voluntary cancellation. The Obligors’ Agent (a) Subject to paragraph (b) below, the Borrower may, if it gives the Agent not less than three 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 EUR US$25,000,000 and an integral multiple of US$5,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.5 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Lillian Acquisition, Inc.

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000euro 5,000,000 and if greater, in an integral multiple of euro 1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 9.4 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Smithfield Foods Inc)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives they give the Agent not less than three 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 EUR 5,000,000) of the Available FacilityFacility which is undrawn at the proposed date of cancellation. Any Upon any such cancellation under this Clause 9.3 the Total Commitments shall reduce be reduced by the Commitments of the Lenders rateablysame amount.

Appears in 1 contract

Samples: Facility Agreement (Quintana Shipping Ltd.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 30 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 EUR 5,000,000the US$150,000) of the Available Facility. Any cancellation under this Clause 9.3 7.10 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Assignment Agreement (China Shandong Industries, Inc.)

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than 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 EUR 5,000,000£500,000) of the Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Facility Agreement (Amc Entertainment Holdings, Inc.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 in an integral multiple of EUR 5,000,000U.S.$5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateablyrateably under the Facility.

Appears in 1 contract

Samples: Agreement (Golden Star Resources LTD)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives they give the Agent not less than three 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 EUR $5,000,000 and a multiple of $5,000,000) of any part of the Available Facility. Any cancellation under this Clause 9.3 shall reduce Facility which is undrawn at the Commitments proposed date of the Lenders rateablycancellation.

Appears in 1 contract

Samples: Facility Agreement (GasLog Ltd.)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three (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 EUR 5,000,000one million dollars ($1,000,000) of the Available Facilityundrawn amount of the Loan. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateablyrateably and will be applied in order of maturity.

Appears in 1 contract

Samples: Safe Bulkers, Inc.

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000US$1,000,000 and an integral multiple of US$1,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.1 shall reduce the Commitments of the Lenders rateablyrateably with respect to the applicable Facility.

Appears in 1 contract

Samples: Subscription Agreement (WMC Resources Inc)

Voluntary cancellation. a) The Obligors’ Agent Borrower may, if it gives they give the Agent not less than three (3) Business Days’ (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (part, being an amount that reduces the Total Commitments by a minimum amount of EUR 5,000,000) USD 1,000,000 and in integral multiples of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateablyUSD 1,000,000.

Appears in 1 contract

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD)

Voluntary cancellation. The Obligors’ Agent Each Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 10.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Molson Coors Brewing Co)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives they give the Agent not less than three Business Days’ five (5) days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000USD 500,000 or multiples thereof) of the Available Facility. Any cancellation under this Clause 9.3 7.1 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateablyproportionately.

Appears in 1 contract

Samples: Term Loan Facilities Agreement (DHT Holdings, Inc.)

Voluntary cancellation. The Obligors’ Agent Subject to Clause 7.3 (Voluntary prepayment of Loans) the Borrower may, if it gives the Agent not less than three 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 EUR US$5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Assignment Agreement (Enstar Group LTD)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) Days prior notice, cancel the in whole or any in part (being a minimum the amount of EUR the Total Commitments undrawn at the date on which such cancellation is to be effective (but if in part, being an amount of minimum USD 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7 6 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Assignment Agreement (Nordic American Tanker Shipping LTD)

Voluntary cancellation. The Obligors’ Agent Borrowers may, if it gives they give the Agent not less than three (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 EUR 5,000,000) of the Available FacilityFacility which is undrawn at the proposed date of cancellation. Any Upon any such cancellation under this Clause 9.3 the Total Commitments shall reduce be reduced by the Commitments of the Lenders rateablysame amount.

Appears in 1 contract

Samples: DryShips Inc.

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000$1,000,000 and a multiple of $1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably.any part of:

Appears in 1 contract

Samples: Navigator Holdings Ltd.

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000US$1,000,000 and an integral multiple of US$1,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.1 shall reduce the Commitments of the Lenders rateably.

Appears in 1 contract

Samples: Subscription Agreement (WMC Resources Inc)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent Agents not less than three 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 EUR 5,000,000equal to KRW25,000,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Hanarotelecom Inc

Voluntary cancellation. The Obligors’ Agent Company may, if it gives the Agent not less than three 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 EUR 5,000,000£500,000) of the any Available Facility. Any cancellation under this Clause 9.3 8.6 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Agreement (Misys PLC)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Facility Agent not less than three Business Days10 days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000PLN 10,000,000) of the Available Facility. Any cancellation under this Clause 9.3 clause 7.3 shall reduce the Commitments of the all Lenders rateably.

Appears in 1 contract

Samples: Agreement (Commercial Metals Co)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three (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 EUR 5,000,000one million dollars ($1,000,000) of the Available Facilityundrawn amount of the Loan. Any cancellation under this Clause 9.3 7.2 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateablyrateably and will be applied in order of maturity.

Appears in 1 contract

Samples: Loan Agreement (Safe Bulkers, Inc.)

Voluntary cancellation. The Obligors’ Agent may, if it gives Borrowers may cancel the undrawn portion of the Total Commitments in whole or in part in multiples of USD 500,000 upon giving the Agent not less than three (3) Business Days’ (or Days irrevocable written notice of such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,000) of the Available Facilitycancellation. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateablyon a pro rata basis.

Appears in 1 contract

Samples: Charter Agreement (Knightsbridge Shipping LTD)

Voluntary cancellation. The Obligors’ Agent Borrower may, if it gives the Agent not less than three 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 EUR 5,000,000$10,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateablyrateably under that Facility.

Appears in 1 contract

Samples: Facility Agreement (MTS Inc)

Voluntary cancellation. (a) The Obligors’ Agent Borrower may, if it gives the Facility Agent not less than three Business Days’ 15 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 EUR 5,000,000) $1,000,000 or a multiple of the Available Facilitythat amount). Any cancellation under this Clause 9.3 7.2 (Voluntary cancellation) shall reduce the Commitments of the Lenders and the amount of the Loan then unutilised rateably.

Appears in 1 contract

Samples: Assignment Agreement (DryShips Inc.)

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