DURING AVAILABILITY PERIOD Sample Clauses
DURING AVAILABILITY PERIOD. On giving not less than 3 Business Days irrevocable notice to the Lender the Borrower may cancel all or part of the Undrawn Commitment during the Availability Period. A partial cancellation must be in a minimum of A$1,000,000 and a whole multiple of A$1,000,000 unless the Lender agrees otherwise.
DURING AVAILABILITY PERIOD. The Company may at any time on giving not less than five Business Days' irrevocable notice to the Facility Agent cancel a Facility in whole or in part (and if in part in an integral multiple equal to the Original Dollar Amount of NZ$1,000,000) and the Facility Amount of that Facility shall be reduced accordingly at the end of that five Business Day period. During that five Business Day period no Borrower may give a Drawdown Request purporting to draw all or any part of the Facility Amount which is subject to that notice of cancellation.
DURING AVAILABILITY PERIOD. The Borrowers may at any time on giving not less than 5 Business Days' irrevocable notice to the Facility Agent cancel any undrawn or unutilised portion of Facility B or Facility C in whole or in part (and if in part in minimum amounts of NZ$100,000 and in integral multiples of NZ$50,000 or such other amount as the Facility Agent may agree) and, upon notice by the Company in writing to the Facility Agent, shall be applied at the option of the Company either to reduce:
(a) the Facility Amount of Facility Band Facility C pro rata by the amount cancelled; or
(b) the Facility Amount of Facility B until cancelled in full and thereafter the Facility Amount of Facility C, at the end of that 5 Business Day period. During that 5 Business Day period, no Borrower may give a Drawdown Request purporting to draw or utilise all or any part of the Facility Amount which is subject to that notice of cancellation.