Common use of Cancellation of the Facility Clause in Contracts

Cancellation of the Facility. The Borrower may, if it gives the Agent not less than five Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $50,000) of the Available Facility. Any cancellation under this clause 4.4 shall reduce the Commitments of the Lenders rateably under the Facility.

Cancellation of the Facility. The Borrower may, if it gives by giving to the Agent not less than five Business Days’ (or such shorter period as the Majority Lenders may agree) ' prior noticenotice to that effect, cancel the whole or any part of the Available Facility (being a minimum amount of $50,000) 1,000,000 and integral multiples of the Available Facility$500,000 thereafter). Any such cancellation under this clause 4.4 shall reduce the Commitments Available Commitment and Commitment of the Lenders rateably under the Facilityeach Lender rateably.

Cancellation of the Facility. The Original Borrower may, if it gives by giving to the Agent not less than five Business Days’ (or such shorter period as the Majority Lenders may agree) ' prior noticenotice to that effect, cancel the whole or any part of the Available Facility (being a minimum amount of $50,000) 1,000,000 and integral multiples of the Available Facility$500,000 thereafter). Any such cancellation under this clause 4.4 shall reduce the Commitments Available Commitment and Commitment of the Lenders rateably under the Facilityeach Lender rateably.

Cancellation of the Facility. The Borrower may, if it gives by giving to the Agent not less than five Business Days’ (or such shorter period as the Majority Lenders may agree) prior noticenotice to that effect, cancel the whole or any part of the Available Facility (being a minimum amount of $50,000) 1,000,000 and integral multiples of the Available Facility$500,000 thereafter). Any such cancellation under this clause 4.4 shall reduce the Commitments Available Commitment and Commitment of the Lenders rateably under the Facilityeach Lender rateably.

Cancellation of the Facility. The Original Borrower may, if it gives by giving to the Agent not less than five Business Days’ (or such shorter period as the Majority Lenders may agree) prior noticenotice to that effect, cancel the whole or any part of the Available Facility (being a minimum amount of $50,000) 1,000,000 and integral multiples of the Available Facility$500,000 thereafter). Any such cancellation under this clause 4.4 shall reduce the Commitments Available Commitment and Commitment of the Lenders rateably under the Facilityeach Lender rateably.