Common use of Voluntary cancellation Clause in Contracts

Voluntary cancellation. The Company may, if it gives the Agent not less than three Business Days' prior written notice (or such shorter period as the Majority Lenders may agree), 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 under the Facility.

Appears in 5 contracts

Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.)

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Voluntary cancellation. The Company may, if it gives the Agent not less than three five (5) Business Days' prior written notice (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 EUR US$5,000,000) of as the Available FacilityCompany may specify in such notice. Any cancellation such reduction under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 5 contracts

Samples: Amendment and Restatement Agreement, Agreement (Alibaba Group Holding LTD), Facility Agreement (Alibaba Group Holding LTD)

Voluntary cancellation. (a) The Company may, if it gives the Agent not less than three ten Business Days' prior written notice (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 an Available Facility. Any cancellation under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 4 contracts

Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Senior Facilities Agreement (StarTek, Inc.)

Voluntary cancellation. The Company may, if it gives the Agent not less than three Business Days' prior written notice (or such shorter period as the Majority Lenders may agree), 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 under the Facility.

Appears in 3 contracts

Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (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 under the Facilityrateably.

Appears in 3 contracts

Samples: Assignment Agreement (Best Buy Co Inc), Agreement (Montpelier Re Holdings LTD), Agreement (Montpelier Re Holdings LTD)

Voluntary cancellation. The Company Borrower may, if it gives the Agent not less than three five Business Days' prior written notice (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 EUR 5,000,000) USD50,000,000 and an integral multiple of USD5,000,000 or, if less, the Available Facility) as the Borrower may specify in such notice. Any cancellation such reduction under this Clause 9.3 7.5 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 2 contracts

Samples: Facility Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (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 an Available Facility. Any cancellation under this Clause 9.3 11.4 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 2 contracts

Samples: Facility Agreement (Rockwood Specialties Group Inc), Facility Agreement (Rockwood Specialties Group Inc)

Voluntary cancellation. (a) The Company may, if it gives the Agent not less than three five Business Days' prior written notice (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 an Available Facility). Any cancellation under this Clause 9.3 10.3 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 2 contracts

Samples: South Texas Supply Company, Inc., South Texas Supply Company, Inc.

Voluntary cancellation. The Company may, if it gives the Agent not less than three five (5) Business Days' prior written notice (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 50,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 2 contracts

Samples: Facility Agreement (Eksportfinans Asa), Facility Agreement (Eksportfinans Asa)

Voluntary cancellation. The Company Borrower may, if it gives the Facility Agent not less than three 5 Business Days' prior written notice (or such shorter period as the Majority Lenders may agree)) prior notice, cancel the whole reduce an Available Facility to zero or any part by such amount (being a minimum amount of EUR 5,000,000RMB 5,000,000 and in integral multiple of RMB 1,000,000) of as the Available Facility. Any cancellation under this Clause 9.3 shall reduce the Commitments of the Lenders rateably under the FacilityBorrower may specify in such notice.

Appears in 2 contracts

Samples: Agreement (GDS Holdings LTD), Agreement (GDS Holdings LTD)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than three five Business Days' prior written notice (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 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 2 contracts

Samples: Bridge Facility Agreement (Coca-Cola HBC AG), Bridge Facility Agreement (Coca-Cola HBC AG)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than three five Business Days' prior written notice (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 7.8 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 2 contracts

Samples: Facility Agreement (Coca-Cola HBC AG), Facility Agreement (Coca-Cola HBC AG)

Voluntary cancellation. The Company may, if it gives the Agent not less than three Business Days' prior written notice (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 20,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Lenders’ Commitments of the Lenders rateably under the Facilitythat Facility rateably.

Appears in 2 contracts

Samples: Loan Facilities Agreement, Facilities Agreement (Linde AG)

Voluntary cancellation. (a) The Company may, if it gives the Agent not less than three five Business Days' prior written notice (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 in respect of the Initial Term Facility. Any cancellation under this Clause 9.3 8.2 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Intercreditor Agreement (New Frontier Health Corp)

Voluntary cancellation. The Company may, if it gives the Agent not less than three five (5) Business Days' prior written notice (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 EUR US$5,000,000) of as the Available FacilityCompany may specify in such notice. Any cancellation such reduction under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Alibaba Group Holding LTD

Voluntary cancellation. (a) The Company may, if it gives the Agent not less than three five Business Days' prior written notice (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 an Available Facility. Any cancellation under this Clause 9.3 9.4 shall reduce the Commitments of the Lenders rateably under the relevant Facility.

Appears in 1 contract

Samples: Agreement (Melrose PLC)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 10 Business Days' prior written notice (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 of the an Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Inveresk Research Group Inc)

Voluntary cancellation. The Company Borrower may, if it gives the Facility Agent not less than three ten (10) Business Days' prior written notice (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 EUR 5,000,000KRW10,000,000,000 and in integral multiples of KRW1,000,000,000) of as the Available FacilityBorrower may specify in such notice. Any cancellation such reduction under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Visteon Corp)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (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 an Available Facility. Any cancellation under this Clause 9.3 18.4 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 1 contract

Samples: Agreement (Rockwood Holdings, Inc.)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than three 5 Business Days' prior written notice (or such shorter period as the Majority Lenders may agree)) prior notice, cancel the whole or any part (being a minimum amount of EUR 5,000,0005,000,000 and an integral multiple of EUR 1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.4 shall reduce the Commitments of the Lenders rateably under the Facility.

Appears in 1 contract

Samples: Secured Facility Agreement (SBS Broadcasting S A)

Voluntary cancellation. The Company may, if it gives the Agent not less than three five (5) Business Days' prior written notice (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 EUR US$5,000,000) of as the Available FacilityCompany may specify in such notice. Any cancellation such reduction under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Alibaba Group Holding LTD)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 3 Business Days' prior written notice (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 under the Facilityrateably.

Appears in 1 contract

Samples: Cookson Group PLC

Voluntary cancellation. The Company Borrower may, if it gives the Facility Agent not less than three 14 Business Days' prior written notice (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 EUR US$5,000,000 and an integral multiple of US$5,000,000) of as the Available FacilityBorrower may specify in such notice. Any cancellation such reduction under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Facility Agreement (Golden Meditech Holdings LTD)

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Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (or such shorter period as the Majority Lenders may agree)) prior notice, cancel the whole or any part (being a minimum amount of or corresponding to EUR 5,000,000) of the an Available Facility. Any cancellation under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (Tenedor CORP)

Voluntary cancellation. The Company may, if it gives the Agent not less than three five Business Days' prior written notice (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 and integral multiples of £500,000) of the Available Facility. Any cancellation under this Clause 9.3 11.3 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Voluntary cancellation. The Company may, if it gives the Agent not less than three Business Days' prior written notice (or such shorter period as the Majority Lenders may agree)) prior notice, cancel the whole or any part (being a minimum amount of EUR GBP 5,000,000) of the Available Facility. Any cancellation under this Clause 9.3 8.5 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: www.ascential.com

Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (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) of the an Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Analex Corp)

Voluntary cancellation. The Company Borrower may, if it gives the Agent not less than three 5 Business Days' prior written notice (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 EUR 5,000,000) USD50,000,000 and an integral multiple of USD5,000,000 or, if less, the Available Facility) as the Borrower may specify in such notice. Any cancellation such reduction under this Clause 9.3 7.6 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Agreement (PCGI Intermediate Holdings LTD)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (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 10.3 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Facility Agreement (Enodis PLC)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (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 and an integral multiple of U.S.$1,000,000) of the Available Facility. Any cancellation under this Clause 9.3 7.5 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: www.harbourenergy.com

Voluntary cancellation. The Company may, if it gives the Agent not less than three five Business Days' prior written notice (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 7.4 shall reduce the Commitments of the Lenders rateably under the Facility.

Appears in 1 contract

Samples: Facility Agreement

Voluntary cancellation. The Company Borrower may, if it gives the Facility Agent not less than three 5 Business Days' prior written notice (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 EUR US$10,000,000 and an integral multiple of US$5,000,000) as the Borrower may specify in such notice. Any such reduction of the Available Facility. Any cancellation Facility under this Clause 9.3 7.2 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (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 an Available Facility. Any cancellation under this Clause 9.3 8.4 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 1 contract

Samples: Agreement (Sage Group PLC)

Voluntary cancellation. The Company may, if it gives the Agent not less than three 5 Business Days' prior written notice (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 an Available Facility. Any cancellation under this Clause 9.3 8.3 shall reduce the Commitments of the Lenders rateably under the that Facility.

Appears in 1 contract

Samples: Agreement (AVG Technologies N.V.)

Voluntary cancellation. The Company Borrower may, if it gives the Facility Agent not less than three 14 Business Days' prior written notice (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 EUR US$5,000,000 and in the integral multiples of US$5,000,000) of as the Available FacilityBorrower may specify in such notice. Any cancellation such reduction under this Clause 9.3 7.2 shall be reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Facility Agreement (China XD Plastics Co LTD)

Voluntary cancellation. The Company may, if it gives the Agent not less than three five Business Days' prior written notice (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 10.2 shall reduce the Commitments of the Lenders rateably under the Facility.

Appears in 1 contract

Samples: Agreement (Endava PLC)

Voluntary cancellation. The Company Borrower may, if it gives the Agent not less than three five Business Days' prior written notice (or such shorter period as the Majority Lenders may agree)) prior notice, cancel reduce the whole Available Facility to zero or any part (if the Borrower can provide evidence reasonably satisfactory to the Agent that, notwithstanding such cancellation, it would still be Fully Funded) by such amount (being a minimum amount of EUR 5,000,000) of USD5,000,000, as the Available FacilityBorrower may specify in any such notice. Any cancellation such reduction under this Clause 9.3 7.3 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Facility Agreement (Shanda Media LTD)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than three five Business Days' prior written notice (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 8.2 shall reduce the Commitments of the Lenders rateably under the Facilityrateably.

Appears in 1 contract

Samples: Facility Agreement (Sigma Aldrich Corp)

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