Common use of Cancellation upon Repayment Clause in Contracts

Cancellation upon Repayment. No amount repaid under this Agreement may subsequently be reborrowed other than any amount of a Revolving Facility Advance or Secondary Revolving Facility Advance repaid in accordance with Clause 8.1 (Repayment of Revolving Facility and Secondary Revolving Facility Advances) or any Documentary Credit repaid in accordance with this Agreement on or prior to the Final Maturity Date in respect of the Revolving Facility or Secondary Revolving Facility, as applicable, and upon any repayment (other than in respect of a Revolving Facility Advance or Secondary Revolving Facility Advance, as aforesaid) the availability of the relevant Facility shall be reduced by an amount corresponding to the amount of such repayment and the Available Commitment of each Lender in relation to that Facility shall be cancelled in an amount equal to such Lender’s Proportion of the amount repaid. For the avoidance of doubt, unless expressly agreed to the contrary in the relevant Ancillary Facility Documents, this Clause 11.7 shall not apply to any Ancillary Facility.

Cancellation upon Repayment. No amount repaid under this Agreement may subsequently be reborrowed other than any amount of a Revolving Facility Advance or Secondary Revolving Additional Facility Advance in relation to a revolving facility repaid in accordance with Clause 8.1 Clauses 10.1 (Repayment of Revolving Facility and Secondary Revolving Facility Advances) or 13.1(c) (Voluntary Prepayment) or any Documentary Credit repaid in accordance with this Agreement on or prior to the Final Maturity Date in respect of the Revolving Facility or Secondary Revolving Facility, as applicable, an Additional Facility that is a revolving facility and upon any repayment (other than in respect of a Revolving Facility Advance or Secondary Revolving an Additional Facility Advancethat is a revolving facility, as aforesaid) the availability of the relevant Facility shall be reduced by an amount corresponding to the amount of such repayment and the Available Commitment of each Lender in relation to that the relevant Facility shall be cancelled in an amount equal to such each Lender’s Proportion of the amount repaid. For the avoidance of doubt, unless expressly agreed to the contrary in the relevant Ancillary Facility Documents, this Clause 11.7 13.6 (Cancellation upon Repayment) shall not apply to any Ancillary Facility.

Cancellation upon Repayment. No amount repaid under this Agreement may subsequently be reborrowed other than any amount of a Revolving Facility Advance or Secondary Revolving Facility Advance repaid in accordance with Clause 8.1 (Repayment of Revolving Facility and Secondary Revolving Facility Advances) or any Documentary Credit repaid in accordance with this Agreement on or prior to the Final Maturity Date in respect of the Revolving Facility or Secondary Revolving Facility, as applicable, and upon any repayment (other than in respect of a Revolving Facility Advance or Secondary Revolving Facility Advance, as aforesaid) the availability of the relevant Facility shall be reduced by an amount corresponding to the amount of such repayment and the Available Commitment of each Lender in relation to that Facility shall be cancelled in an amount equal to such Lender’s Lenders Proportion of the amount repaid. For the avoidance of doubt, unless expressly agreed to the contrary in the relevant Ancillary Facility Documents, this Clause 11.7 shall not apply to any Ancillary Facility.