Demand Basis Sample Clauses

Demand Basis. If, pursuant to Clause 9.2(b), the Lender declares the Loan to be due and payable on demand, the Lender may by written notice to the Borrower (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
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Demand Basis. If, under clause 10.2.2, the Agent has declared the Loan to be due and payable on demand, at any time thereafter the Agent may (and if so instructed by the Majority Lenders shall) by written notice to the Borrowers (a) demand repayment of the Loan on such date as may be specified whereupon, regardless of any other provision of this Agreement, the Loan shall become due and payable on the date so specified together with all interest accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Demand Basis. If, pursuant to clause 14.2.2, the Agent declares the outstanding principal amount of all or any of the Advances to be due and payable on demand then the Agent may (and, if so instructed by the Majority Banks, shall) at any time by written notice to the Original Borrower (a) call for repayment of the outstanding principal amount of all or any of the Advances on such date as may be specified in such notice whereupon the Advances shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Demand Basis. If, pursuant to Clause 19.2(A) and/or (E), the Agent declares all outstanding Advances and/or amounts outstanding under the Standby Facility to be due and payable on demand, the Agent may (and, if so instructed by the Majority Banks, shall) by written notice to the Borrowers (i) call for repayment of the Advances and/or amounts outstanding under the Standby Facility on such date as may be specified whereupon the Advances and/or all amounts outstanding under the Standby Facility shall become due and payable on the date so specified together with all interest and any commitment commission accrued and all other sums payable under this Agreement or (ii) withdraw such declaration with effect from the date specified in such notice.
Demand Basis. If, pursuant to clause 10.2.2, the Agent declares the Loan to be due and payable on demand, the Agent may (and if so requested by the Majority Banks shall) by written notice to the Borrower:
Demand Basis. 10.3.1 If, pursuant to clause 10.2.2, the Lenders (or the Agent with the prior approval of the Lenders) declares the Loan to be due and payable on demand, the Lenders may (and the Agent with the prior approval of the Lenders shall) by written notice to the Borrower (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Demand Basis. If, pursuant to clause 11.2(a) the Facility Agent declares any Outstandings to be due and payable on demand, the Facility Agent may, (and, if so instructed by the Majority Lenders, shall) by written notice to the relevant Borrower and/or the Borrowers:
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Demand Basis. If, pursuant to clause 22.2 (Acceleration), the Agent declares all outstanding Utilisations to be due and payable on demand then, at any time thereafter, the Agent may (and, if so instructed by the Majority Lenders, shall) by written notice to the Ultimate Holding Company (i) call for repayment of the Loans and the discharge of the LC Liabilities on such date as may be specified in such notice (provided that any such date so specified shall not be a date earlier than the date of such notice) whereupon the Loans and the LC Liabilities shall become due and payable (and/or as appropriate, due for discharge) on the date so specified together with all interest and commitment commission accrued and all other sums payable under the Finance Documents or (ii) withdraw such declaration with effect from the date specified in such notice. SECTION 9 CHANGES TO PARTIES 23 Changes to the Lenders
Demand Basis. If all or part of the Loans and/or the Bank Guarantees have become due and payable on demand pursuant to clause 25.19 (Acceleration), the Agent, if so instructed by the Majority Lenders, shall by notice to the Borrower call for repayment and discharge of all or such part of the Loans and/or the Bank Guarantees on such date as may be specified in such notice whereupon all or such part of the Loans and/or the Bank Guarantees shall become due and payable and/or, as appropriate, due for discharge on the date so specified together with all interest, ancillary and other fees and commitment commission accrued and all other sums payable under the Finance Documents.
Demand Basis. If all Advances have become due and payable on demand pursuant to clause 11.2(b), the Agent, if so instructed by the Majority Banks, shall by written notice to the Borrower call for repayment of the Advances on such date as may be specified in such notice whereupon the Advances shall become due and payable on the date so specified together with all interest, fees and commitment commission accrued and all other sums payable under the Finance Documents.
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