Common use of Cancellation and Repayment Clause in Contracts

Cancellation and Repayment. At any time after the occurrence and during the continuance of an Event of Default the Agent may and, if so instructed by the Majority Lenders, will by notice to the Trust:

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

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Cancellation and Repayment. At any time after the occurrence and during the continuance of an Event of Default the Agent may and, if so instructed by the Majority Lenders, will by notice to the TrustBorrower:

Appears in 1 contract

Samples: Chirex Inc

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