Effect of cancellation and prepayment on scheduled repayments Sample Clauses

Effect of cancellation and prepayment on scheduled repayments. (a) If the Borrowers cancel the whole or any part of any Available Commitment in accordance with Clause 7.6 (Right of repayment and cancellation in relation to a single Lender) or if the Available Commitment of any Lender is cancelled under Clause 7.1 (
AutoNDA by SimpleDocs
Effect of cancellation and prepayment on scheduled repayments. If any of the Facility A Loans are prepaid in accordance with Clause 9.12 (Right of replacement or repayment and cancellation in relation to a single Lender) or Clause 9.1 (Illegality) then the amount of the repayment instalment for each repayment date as set out in Clause 8.1 (Repayment of Facility A Loans) falling after that prepayment will reduce pro rata by the amount of the Facility A Loan prepaid. Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. The omissions have been indicated by asterisks (“[***]”), and the omitted text has been filed separately with the Securities and Exchange Commission.
Effect of cancellation and prepayment on scheduled repayments. (a) If the Company cancels the whole or any part of the Term Commitments in accordance with Clause 7.5 (Right of cancellation and repayment in relation to a single Lender) or if the Available Commitment of any Lender is cancelled under Clause 7.1 (Illegality) then (other than, in any relevant case, to the extent that any part of the relevant Term Commitment(s) so cancelled is subsequently increased pursuant to Clause 2.3 (Default Increase)) the amount of the Repayment Instalment for each Term Facility Repayment Date falling after that cancellation will reduce pro rata by the amount cancelled.
Effect of cancellation and prepayment on scheduled repayments. 6.2.1 If the Borrower cancels the whole or any part of the Facility A Commitments, the Facility B1 Commitments, the Facility B2 Commitments or the Facility B3 Commitments in accordance with clause 7.4 (Right of cancellation and repayment in relation to a single Lender) or if the Facility A Commitment, Facility B1 Commitment, Facility B2 Commitment or Facility B3 Commitment of any Lender is reduced under clause 7.1 (Illegality) then:
Effect of cancellation and prepayment on scheduled repayments. (a) If the Available Commitment of any Lender is cancelled under Clause 7.1 (Illegality) then the Repayment Instalments and the Balloon Instalments falling after that cancellation will be reduced pro rata by the amount of the Available Commitments so cancelled.
Effect of cancellation and prepayment on scheduled repayments. 6.2.1 If the Borrower cancels the whole or any part of the Commitment of a Lender under any Facility in accordance with clause 7.4 (Right of cancellation and repayment in relation to a single Lender) or if the Commitment of any Lender under any Facility is reduced under clause 7.1 (Illegality), then the amount of the Repayment Instalments of the relevant Facility for each Repayment Date thereof falling after that cancellation will reduce pro rata by the amount cancelled.
Effect of cancellation and prepayment on scheduled repayments. (a) If the Company cancels the whole or any part of the Term Facility Commitments or the Revolving Facility Commitments in accordance with Clause 10.6 (Right of cancellation and repayment in relation to a single Lender or Issuing Bank) or Clause 10.7 (Right of cancellation in relation to a Defaulting Lender) or if the relevant Term Facility Commitment or Revolving Facility Commitment of any Lender is reduced under Clause 10.1 (Illegality) then (other than, in any relevant case, to the extent that any part of the relevant Commitment(s) is subsequently increased pursuant to Clause 2.2 (Increase)),
AutoNDA by SimpleDocs
Effect of cancellation and prepayment on scheduled repayments. 6.7 If the Term Facility Commitment of any Lender is cancelled under clause 10.1 (Illegality), then:

Related to Effect of cancellation and prepayment on scheduled repayments

Time is Money Join Law Insider Premium to draft better contracts faster.