Common use of CANCELLATION Clause in Contracts

CANCELLATION. If pursuant to Article 1.06A, the Borrower cancels: (a) a Fixed Rate Tranche which is a Notified Tranche, it shall indemnify the Bank under Article 4.02B; (b) a Floating Rate Tranche which is a Notified Tranche or any part of the Credit other than a Notified Tranche, no indemnity is payable. If the Bank cancels

Appears in 3 contracts

Samples: Finance Contract, Finance Contract, Finance Contract

CANCELLATION. If pursuant to Article 1.06A, the Borrower cancels: (a) a Fixed Rate Tranche which is a Notified Tranche, it shall indemnify the Bank under Article 4.02B; (b) a Floating Rate Tranche which is a Notified Tranche or any part of the Credit other than a Notified Tranche, no indemnity is payable. If the Bank cancels

Appears in 2 contracts

Samples: Finance Contract, Finansijski Ugovor

CANCELLATION. If pursuant to Article 1.06A, the Borrower cancels: (a) a Fixed Rate Tranche which is a Notified Tranche, it shall indemnify the Bank under Article 4.02B; (b) a Floating Rate Tranche which is a Notified Tranche or any part of the Credit other than a Notified Tranche, no indemnity is payable. If the Bank cancels:

Appears in 2 contracts

Samples: Finansijski Ugovor, Finansijski Ugovor