Common use of Voluntary cancellation Clause in Contracts

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) Business Days’ prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000) of the Total Commitment.

Appears in 4 contracts

Samples: Facility Agreement (China TransInfo Technology Corp.), Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (Harbin Electric, Inc)

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Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) Business Days’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of US$10,000,0001,000,000 and in integral multiples of US$500,000) or RMB1,000,000 of the Total Commitment.

Appears in 3 contracts

Samples: www.sec.gov, Facility Agreement (Solar Power, Inc.), Solar Power, Inc.

Voluntary cancellation. The Each Borrower may, if it gives the Lender not less than five 10 Business Days (5or such shorter period as the Lender may agree) Business Days’ prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000USD 1,000,000) of the Total Commitmentan Available Facility.

Appears in 3 contracts

Samples: Agreement (Freeseas Inc.), Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five three (53) Business Days’ prior written notice, cancel the whole or any part (being a minimum amount of US$10,000,0002,000,000 and thereafter in integral multiples of US$1,000,000 or, if less, the principal outstanding amount of the Total Commitment) of the Total Commitment.

Appears in 2 contracts

Samples: Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) 10 Business Days’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000) of the Total Available Commitment.

Appears in 2 contracts

Samples: Assignment and Assumption (WABCO Holdings Inc.), Facility Agreement (WABCO Holdings Inc.)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five ten (510) Business Days’ (or such shorter period as the Lender may agree) prior notice, cancel notice reduce the whole Available Commitment to zero or any part by such amount (being a minimum amount of US$10,000,000US$ 1,000,000 and an integral multiple of US$ 1,000,000) of as the Total CommitmentBorrower may specify in such notice.

Appears in 2 contracts

Samples: www.sec.gov, Engadin Merger (Charm Communications Inc.)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) 10 Business Days’ (or such shorter period as the Lender may agree) prior written notice, cancel the whole or any part (being a minimum amount of US$$10,000,000) of the Total Available Commitment.

Appears in 2 contracts

Samples: Agreement (Mobile Telesystems Ojsc), Agreement (Mobile Telesystems Ojsc)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) 10 Business Days’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000) of the Total Commitment.

Appears in 2 contracts

Samples: Agreement (Grindrod Shipping Holdings Ltd.), Agreement (Grindrod Shipping Holdings Ltd.)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) three Business Days' prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000) of the Total Available Commitment.

Appears in 2 contracts

Samples: Interim Facility Agreement (Opgen Inc), Interim Facility Agreement (Opgen Inc)

Voluntary cancellation. The Borrower Borrowers may, if it gives they give the Lender not less than five three (53) Business Days' (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000USD 1,000,000 or multiples thereof) of the Total Available Commitment.

Appears in 1 contract

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

Voluntary cancellation. The Borrower may, if it gives the Lender Issuing Bank not less than five (5) ten Business Days’ prior notice, cancel the whole or any part of the Available Commitment (being but, if in part, by a minimum amount of US$10,000,000) of the Total Commitment$500,000).

Appears in 1 contract

Samples: Agreement (Flagstone Reinsurance Holdings, S.A.)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five ten (510) Business Days’ prior written notice, cancel the whole or any part (being a minimum amount of US$10,000,000) of the Total Commitment.

Appears in 1 contract

Samples: Facility Agreement (Fushi Copperweld, Inc.)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) seven Business Days’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (but, if in part, being a minimum amount of US$10,000,000ZAR25,000,000) of the Total CommitmentAvailable Commitment in respect of any Tranche.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Karooooo Ltd.)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five ten (510) Business Days’ prior written notice, cancel the whole or any part (being a minimum amount of US$10,000,00030,000,000 and thereafter in integral multiples of US$30,000,000 or, if less, the principal outstanding amount of the Total Commitment) of the Total Commitment.

Appears in 1 contract

Samples: Facility Agreement (Zhongpin Inc.)

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Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) Business Days’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of US$10,000,0001,000,000) of the Total Available Commitment.

Appears in 1 contract

Samples: Facility Agreement (Melco Resorts & Entertainment LTD)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) 10 Business Days’ (or such shorter period as the Lender may agree) prior written notice, cancel the whole or any part (being a minimum amount of US$EUR 10,000,000) of the Total Available Commitment.

Appears in 1 contract

Samples: Agreement (Mobile Telesystems Ojsc)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) 5 Business Days' prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000JPY100,000,000) of the Total Available Commitment.

Appears in 1 contract

Samples: Facility Agreement (CALGON CARBON Corp)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) 10 Business Days’ (or such shorter period as the Lender may agree) prior written notice, cancel the whole or any part (being a minimum amount of US$10,000,000USD 25,000,000) of the Total Commitmentan Available Tranche.

Appears in 1 contract

Samples: Export Credit Agreement (Mobile Telesystems Ojsc)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) Business Days30 days’ prior notice, cancel the whole or any part (being a minimum amount of US$10,000,0005,000,000) of the Total Available Commitment.

Appears in 1 contract

Samples: Facility Agreement (MediaRing LTD)

Voluntary cancellation. The Borrower may, if it gives the Lender without premium, fee or penalty by giving not less than five (5) Business Days’ prior noticewritten notice to the Bank, cancel the whole or unutilised amount of the Commitment, provided that any part (being cancellation shall be in a minimum amount of US$10,000,000) USD 1,000,000 and in whole multiples of USD 1,000,000 in excess of such minimum amount (or the Total entire unutilised Commitment).

Appears in 1 contract

Samples: Revolving Facility Agreement (Vishay Precision Group, Inc.)

Voluntary cancellation. The Original Borrower may, if it gives the Lender not less than five (5) 3 Business Days’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000$100,000 and a whole multiple of $10,000) of the Total Available Commitment. The Commitment is cancelled to the extent of the Available Commitment cancelled under this Clause 8.3.

Appears in 1 contract

Samples: Agreement (Oil States International, Inc)

Voluntary cancellation. The Borrower may, if it gives the Lender not less than five (5) 10 Business Days' prior notice, cancel the whole or any part (being a minimum amount of US$10,000,000EUR 5,000,000 and an integral multiple of EUR 1,000,000) of the Total CommitmentAvailable Facility.

Appears in 1 contract

Samples: Bridge Facility Agreement (SBS Broadcasting S A)

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