Common use of Cancellation and suspension Clause in Contracts

Cancellation and suspension. 1.06A Xxxxxxxx’x right to cancel The Borrower may at any time by notice in writing to the Bank cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice, or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

Cancellation and suspension. 1.06A Xxxxxxxx’x right to cancel The Borrower may at any time by notice in writing to the Bank cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice, notice or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

Cancellation and suspension. 1.06A Xxxxxxxx’x right to cancel The Borrower may at any time by notice in writing to the Bank cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice, or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

Cancellation and suspension. 1.06A Xxxxxxxx’x right to cancel (a) must specify whether the Borrower would like to cancel The Borrower may at any time by notice in writing to the Bank cancel, undisbursed portion of the Credit in whole or in part and with immediate effectand, if in part, the undisbursed portion amount of the Credit. However, Credit the notice shall have no effect in respect of Borrower would like to cancel; and (ib) must not relate to a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the written notice, or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.; or

Cancellation and suspension. 1.06A Xxxxxxxx’x 1.06(1) Borrower’s right to cancel The Borrower may at any time by notice in writing given to the Bank cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of (i) on a Notified Tranche which has a whose Scheduled Disbursement Date falling falls within 5 seven (five7) Luxembourg Business Days of following the date of the notice, or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

Cancellation and suspension. 1.06A Xxxxxxxx’x Borrower‟s right to cancel The Borrower may at any time by notice in writing to the Bank cancel, in whole or in part and with immediate effect, the undisbursed portion of the Credit. However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice, notice or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.. 1.06B Bank‟s right to suspend and cancel