Common use of Voluntary cancellation Clause in Contracts

Voluntary cancellation. The Company may, if it gives the Agent not less than 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 JPY25,000,000 and a multiple of JPY25,000,000) of an Available Facility. Any cancellation under this Clause 7.3 shall reduce the Commitments of the Lenders rateably under that Facility.

Appears in 2 contracts

Samples: Facility Agreement (Synnex Corp), Assignment Agreement (Synnex Corp)

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Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 5 three Business Days' (or such shorter period as agreed by the Majority Lenders may agreeCompany and the Facility Agent) prior notice, cancel the whole or any part (being a minimum amount of JPY25,000,000 and a multiple of JPY25,000,000€1,000,000) of an the Available Facility. Any cancellation under this Clause 7.3 9.7 shall (subject to the provisions of Clause 6.1(f) (Utilisation of Ancillary Facilities)) reduce the Commitments of the Lenders rateably under that Facilitythe Facilities.

Appears in 2 contracts

Samples: Restatement Agreement (Liberty Global PLC), Facilities Agreement (Liberty Global PLC)

Voluntary cancellation. The Company may, if it gives the Agent not less than 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 JPY25,000,000 Euro 25,000,000 and a multiple in integral multiples of JPY25,000,000Euro 5,000,000) of an the Available Facility. Any cancellation under this Clause 7.3 8.5 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 2 contracts

Samples: Facility Agreement (Sappi LTD), Credit Agreement (Sappi LTD)

Voluntary cancellation. The Company may, if it gives the Agent not less than 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 JPY25,000,000 ZAR50,000,000 and a multiple in integral multiples of JPY25,000,000) ZAR10,000,000 of an the Available Facility). Any cancellation under this Clause 7.3 7.2 (Voluntary Cancellation) shall reduce the Commitments of the Lenders rateably under that the Facility.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Sibanye Gold LTD), Facility Agreement (Sibanye Gold LTD)

Voluntary cancellation. The During the Availability Period, the Company may, if it gives the Agent not less than 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 JPY25,000,000 and a USD 5,000,000, or, if more, an integral multiple of JPY25,000,000USD 1,000,000) of an the Available Facility. Any Each Lender shall participate in such cancellation under this Clause 7.3 shall reduce in proportion of its Commitment to the Total Commitments, and the Commitments of the Lenders rateably under that Facilityshall be reduced accordingly.

Appears in 2 contracts

Samples: www.sec.gov, Agreement (Logitech International Sa)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 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 JPY25,000,000 and a integral multiple of JPY25,000,000EUR 5,000,000) of an the Available Facility. Any cancellation under this Clause 7.3 9.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 1 contract

Samples: Agreement (Evotec SE)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 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 JPY25,000,000 EUR 25,000,000 and a multiple in integral multiples of JPY25,000,000EUR 5,000,000) of an the Available FacilityFacility at any time during the Availability Period. Any cancellation under this Clause 7.3 7.6 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 1 contract

Samples: Intercreditor Agreement (Sappi LTD)

Voluntary cancellation. 12.4.1 The Company may, if it gives the Agent not less than 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 JPY25,000,000 and a multiple of JPY25,000,000) of an Available Facility. Any cancellation under this Clause 7.3 shall reduce the Commitments $5,000,000 of the Lenders rateably under that FacilityTotal Available Commitments).

Appears in 1 contract

Samples: Junior Facility Agreement (Endeavour International Corp)

Voluntary cancellation. The Company may, if it gives the Agent not less than 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 JPY25,000,000 and a multiple of JPY25,000,000U.S.$20,000,000) of an Available Facility. Any cancellation under this Clause 7.3 10.4 shall reduce the Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Agreement (Rio Tinto PLC)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 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 JPY25,000,000 and a multiple of JPY25,000,000EUR 5,000,000) of the Available Facility or an Available Facilityintegral multiple thereof. Any cancellation under this Clause 7.3 8.4 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Tercica Inc)

Voluntary cancellation. The Company may, if it gives the Agent not less than 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 JPY25,000,000 ZAR50,000,000 and a multiple in integral multiples of JPY25,000,000) ZAR10,000,000 of an the Available Facility). Any cancellation under this Clause 7.3 7.2 (Voluntary Cancellation) shall reduce the Commitments of the Lenders rateably under that the Facility.. ​ ​

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Sibanye Stillwater LTD)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 three Business Days' ’ prior notice (or such shorter notice period as the Majority Lenders Noteholders may agree) prior notice), cancel the whole or any part (being a minimum amount of JPY25,000,000 and a multiple of JPY25,000,000GBP 2,000,000 or its equivalent in other currencies) of an Available Facility. Any cancellation under this Clause 7.3 10.2 shall reduce the Commitments of the Lenders Noteholders rateably under that Facility.

Appears in 1 contract

Samples: Notes Purchase Agreement (Membership Collective Group Inc.)

Voluntary cancellation. The Company may, if it gives the Agent not less than 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 JPY25,000,000 and a multiple of JPY25,000,000£1,000,000) of an the Available Facility. Facilities provided that such cancellation is made pro rata as between Facility A and Facility B. Any cancellation under this Clause 7.3 13.3 shall reduce the Available Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Manchester United Ltd.)

Voluntary cancellation. The Company may, may if it gives the Agent not less than 5 five Business Days' (or such shorter period as the Majority Lenders in respect of the Facility to which such cancellation relates may agree) prior notice, cancel the whole or any part (being a minimum amount of JPY25,000,000 and a multiple of JPY25,000,000US$50,000,000) of an Available any Facility. Any cancellation under this Clause 7.3 9.2 shall reduce rateably the Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sab De Cv)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 three Business Days' ’ prior notice (or such shorter notice period as the Majority Lenders Noteholders may agree) prior notice), cancel the whole or any part (being a minimum amount of JPY25,000,000 and a multiple of JPY25,000,000GBP 2,000,000 or its equivalent in other currencies) of an Available Facility. Any cancellation under this Clause 7.3 ‎10.2 shall reduce the Commitments of the Lenders Noteholders rateably under that Facility.

Appears in 1 contract

Samples: Notes Purchase Agreement (Membership Collective Group Inc.)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 five Business Days' (or such shorter period as the Majority Lenders Agent may agree) prior notice, cancel the whole or any part (being being, in the case of a cancellation of Facility A1, Facility A2 or Facility B a minimum amount of JPY25,000,000 and US$5,000,000 and, in the case of Facility C a multiple minimum amount of JPY25,000,000CHF5,000,000) of an the Available Facility. Any cancellation under this Clause 7.3 8.8 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (LG Acquisition Corp.)

Voluntary cancellation. The Company may, if it gives the Agent not less than 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, in the case of JPY25,000,000 Facility A, (Euro)5,000,000 and, in the case of Facility B and a multiple of JPY25,000,000Facility C, US$5,000,000) of an Available Facility. Any cancellation under this Clause 7.3 10.6 shall reduce the Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Term and Revolving Facilities Agreement (Sodexho Alliance S A)

Voluntary cancellation. The Company maymay at any time, if it gives the Agent not less than 5 three Business Days' (or such shorter period as the Majority Lenders may agree) prior irrevocable written notice, cancel the whole or any part (being a minimum amount of JPY25,000,000 and a multiple USD5,000,000, in integral multiples of JPY25,000,000USD1,000,000) of an the Available Facility. Any cancellation under this Clause 7.3 16.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 1 contract

Samples: Facility Agreement (WABCO Holdings Inc.)

Voluntary cancellation. (a) The Company may, if it gives the Agent not less than 5 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 JPY25,000,000 US$5,000,000 (or its equivalent) and a multiple in integral multiples of JPY25,000,000US$1,000,000 (or its equivalent)) of an the Available Facility in respect of any Initial Term Facility. Any cancellation under this Clause 7.3 8.2 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 1 contract

Samples: Agreement (New Frontier Public Holding Ltd.)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 ten 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 JPY25,000,000 US$10,000,000 (ten million dollars) and a an integral multiple of JPY25,000,000US$5,000,000 (five million dollars)) of an the Available Facility. Any cancellation under this Clause 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 1 contract

Samples: Agreement (Golden Telecom Inc)

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Voluntary cancellation. The Company may, if it gives the Agent not less than 5 Business Days' (or such shorter period as the Majority Lenders may agree) prior noticenotice in writing, cancel the whole or any part (being a minimum amount of JPY25,000,000 £20,000,000 and a multiple in multiples of JPY25,000,000£5,000,000) of an Available Facility. Any cancellation under this Clause 7.3 8.3 shall reduce the Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Intercontinental Hotels Group PLC /New/

Voluntary cancellation. a) The Company may, if it gives the Agent not less than 5 ten (10) Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (of the Available Facility, but if in part, being a minimum amount of JPY25,000,000 and EUR 5,000,000 (or a greater amount being an integral multiple of JPY25,000,000) of an Available Facility. Any cancellation under this Clause 7.3 shall reduce the Commitments of the Lenders rateably under that FacilityEUR 1,000,000).

Appears in 1 contract

Samples: Assignment Agreement (Marine Harvest ASA)

Voluntary cancellation. 9.3.1 The Company may, if it gives the Agent not less than 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 JPY25,000,000 and a multiple of JPY25,000,000$5,000,000) of an Available Facility. Any cancellation under this Clause 7.3 shall reduce the Commitments of the Lenders rateably under that Facilityunutilised Aggregate Commitments.

Appears in 1 contract

Samples: Agreement (Endeavour International Corp)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 5 three Business Days' (or such shorter period as agreed by the Majority Lenders may agreeCompany and the Agent) prior notice, cancel the whole or any part (being a minimum amount of JPY25,000,000 and a multiple of JPY25,000,000€1,000,000) of an the Available Facility. Any cancellation under this Clause 7.3 9.7 shall (subject to the provisions of Clause 6.1(f) (Utilisation of Ancillary Facilities) reduce the Commitments of the Lenders rateably under that Facilitythe Facilities.

Appears in 1 contract

Samples: Additional Facility Accession Agreement (Liberty Global PLC)

Voluntary cancellation. The Company may, if it gives the Administrative Agent not less than 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 JPY25,000,000 £1,000,000 and a multiple of JPY25,000,000£250,000) of an Available Facility. Any cancellation under this Clause 7.3 8.2 shall reduce rateably the Commitments of the Lenders rateably under that the relevant Facility.

Appears in 1 contract

Samples: Facilities Agreement (Equinix Inc)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 Business Days' (or such shorter period as the Agent and Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of JPY25,000,000 and a multiple of JPY25,000,000A$1,000,000) of an Available Facility. Any cancellation under this Clause 7.3 shall reduce the Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Pledge and Security Agreement (General Finance CORP)

Voluntary cancellation. 4.4 The Company may, if it gives the Facility Agent not less than 5 15 Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of JPY25,000,000 and a multiple of JPY25,000,000five hundred thousand US Dollars (US$500,000)) of an Available Facilitythe Loan which is undrawn at the proposed date of cancellation. Any Upon any such cancellation under this Clause 7.3 the Total Commitments shall reduce be reduced by the Commitments of the Lenders rateably under that Facility.same amount. Voluntary prepayment

Appears in 1 contract

Samples: Restructuring Agreement (Danaos Corp)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 Business Days' (or such shorter period as the Majority Lenders may agree) prior noticenotice in writing, cancel the whole or any part (being a minimum amount of JPY25,000,000 $30,000,000 and a multiple in multiples of JPY25,000,000$10,000,000) of an Available Facility. Any cancellation under this Clause 7.3 8.6 shall reduce the Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Agreement (Intercontinental Hotels Group PLC /New/)

Voluntary cancellation. The Company may, if it gives the Agent not less les s than 5 Business Days' (or such shorter period as periodas the Majority Lenders may agree) prior noticenotice in writing, cancel the whole or any part (being a minimum aminimum amount of JPY25,000,000 £20,000,000 and a multiple in multiples of JPY25,000,000£5,000,000) of an Available Facility. Any cancellation under this Clause 7.3 8.6 shall reduce the Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Agreement (Mitchells & Butlers PLC)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 Business Days' (or such shorter period as the Majority Lenders may agree) prior noticenotice in writing, cancel the whole or any part (being a minimum amount of JPY25,000,000 $40,000,000 and a multiple in multiples of JPY25,000,000$10,000,000) of an Available Facility. Any cancellation under this Clause 7.3 8.4 shall reduce the Commitments of the Lenders rateably under that Facility.

Appears in 1 contract

Samples: Facility Agreement (Intercontinental Hotels Group PLC /New/)

Voluntary cancellation. The Company may, if it gives the Agent not less than 5 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 JPY25,000,000 and a multiple of JPY25,000,000€25,000,000 or the appropriate minimum amount in the Optional Currency) of an the Available Facility. Any cancellation under this Clause 7.3 8.3 shall reduce the Commitments of the Lenders rateably under that Facilityrateably.

Appears in 1 contract

Samples: Facility Agreement (Imerys S.A.)

Voluntary cancellation. (a) The Company may, if it gives the Agent not less than 5 3 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 JPY25,000,000 $2,000,000, £1,500,000 or €2,000,000 (or its equivalent in any currency) and a multiple of JPY25,000,000£250,000 (or its equivalent in any currency)) of an Available Facility. Any cancellation under this Clause 7.3 clause 10.3 shall reduce the Commitments of the Lenders rateably under that the Facility.

Appears in 1 contract

Samples: Facilities Agreement (Luxfer Holdings PLC)

Voluntary cancellation. The Company may, if it gives the Agent not less than 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 JPY25,000,000 US$2,000,000 (or its equivalent in other currencies) and a multiple integral multiples of JPY25,000,000US$500,000) of an the Available Facility. Any cancellation under this Clause 7.3 8.3 shall reduce the Commitments of the Lenders rateably under that the Facility. Any notice delivered by the Company under this Clause 8.3 shall be made in writing and shall be irrevocable.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Markit Ltd.)

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