Common use of Voluntary prepayment of Utilisations Clause in Contracts

Voluntary prepayment of Utilisations. A Borrower to which a Utilisation has been made may, if it or the Company gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation (but if in part, being an amount that reduces the Base Currency Amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent in other currencies)).

Appears in 6 contracts

Samples: Amendment and Restatement Agreement (Nord Anglia Education, Inc.), Revolving Facility Agreement (Nord Anglia Education, Inc.), Senior Revolving Facility Agreement (Nord Anglia Education, Inc.)

AutoNDA by SimpleDocs

Voluntary prepayment of Utilisations. A Borrower to which a Utilisation has been made may, if it or the Company gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation (but if in part, being an amount that reduces the Base Currency Amount amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent ZAR50,000,000 and in other currencies)integral multiples of ZAR10,000,000).

Appears in 3 contracts

Samples: Revolving Facility Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Sibanye Stillwater LTD), Revolving Facility Agreement (Sibanye Gold LTD)

Voluntary prepayment of Utilisations. A The Borrower to which a Utilisation has been made may, if it or the Company gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders Banks may agree) prior notice, prepay the whole or any part of a Utilisation (but but, if in part, being an amount that reduces the Base Currency Amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent in other currencies)U.S.$5,000,000).

Appears in 2 contracts

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

Voluntary prepayment of Utilisations. A Borrower to which a Utilisation has been made The Company may, if it or the Company gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation (but if in part, being an amount that reduces the Base Currency Amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent in other currencies)EUR10,000,000).

Appears in 2 contracts

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

Voluntary prepayment of Utilisations. A The Borrower to which a Utilisation has been made may, if it or the Company gives the Agent not less than five (5) 5 Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation (but but, if in part, being an amount that reduces the Base Currency Amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent in other currencies)$5,000,000).

Appears in 1 contract

Samples: Facility Agreement (Enodis PLC)

Voluntary prepayment of Utilisations. A The Borrower to which a Utilisation has been made may, if it or the Company gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders and the Agent may agree) prior notice, prepay the whole or any part of a Utilisation (but if in part, being an amount that reduces the Base Currency Amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent in other currencies))Utilisation.

Appears in 1 contract

Samples: Bridge Facility Agreement (Himalaya Shipping Ltd.)

Voluntary prepayment of Utilisations. A The Borrower to which a Utilisation has been made may, if it or the Company gives the Agent not less than five (5) three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation Revolving Facility Loan with accrued interest and, subject to Break Costs, without premium or penalty (but if in part, being an amount that reduces the Base Currency Amount of the Utilisation Utilisations by a minimum amount of USD 1,000,000 (or its equivalent in other currencies)USD1,000,000).

Appears in 1 contract

Samples: Facility Agreement (WABCO Holdings Inc.)

AutoNDA by SimpleDocs

Voluntary prepayment of Utilisations. A The Borrower to which a Utilisation has been made may, if it or the Company gives the Agent not less than five (5) Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation (but but, if in part, being an amount that reduces the Base Currency Amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent in other currencies)EUR1,000,000).

Appears in 1 contract

Samples: Facility Agreement (Schroder Ventures International Investment Trust PLC)

Voluntary prepayment of Utilisations. A Borrower to which a Utilisation has been made may, if it or the Company Parent gives the Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation (but if in part, being an amount that reduces the Base Currency Amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent in other currencies)US$5,000,000).

Appears in 1 contract

Samples: Super Senior Revolving Facility Agreement (Orion Engineered Carbons S.a r.l.)

Voluntary prepayment of Utilisations. A Borrower to which a Utilisation has been made may, if it or the Company Parent gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation (but if in part, being an amount that reduces the Base Currency Amount of the Utilisation by a minimum amount of USD 1,000,000 (or its equivalent in other currencies$1,000,000)). Multiple partial prepayments are permitted, subject to the terms hereof.

Appears in 1 contract

Samples: Multicurrency Facility Agreement (Gulfmark Offshore Inc)

Voluntary prepayment of Utilisations. A Borrower to which a Utilisation has been made may, if it or the Company gives the Agent not less than five (5) 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Utilisation (but if in part, being an amount that reduces the Base Currency Amount amount of the Utilisation by a minimum amount amount, and an integral multiple, of USD 1,000,000 (or its equivalent in other currencies)£250,000).

Appears in 1 contract

Samples: Revolving Facility Agreement (Penske Automotive Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!