Common use of Prepayment elections Clause in Contracts

Prepayment elections. The Agent shall notify the Lenders and the Hedge Counterparties in respect of a Facility as soon as possible of any proposed prepayment of that Facility under Clause 7.3 (Voluntary prepayment) or paragraph 2(a) of Schedule 4 (Mandatory Prepayment).

Appears in 2 contracts

Sources: Senior Facilities Agreement (Melco Crown Entertainment LTD), Senior Facilities Agreement (Melco PBL Entertainment (Macau) LTD)

Prepayment elections. The Agent shall notify the Lenders and the Hedge Counterparties in respect of a Facility as soon as possible of any proposed prepayment of that Facility under Clause 7.3 18.3 (Voluntary prepayment) or paragraph 2(a) of Schedule 4 7 (Mandatory Prepayment).

Appears in 1 contract

Sources: Senior Facilities Agreement (Melco Crown Entertainment LTD)

Prepayment elections. The Agent shall notify the Lenders and the Hedge Counterparties in respect of a Facility as soon as possible of any proposed prepayment of that Facility a Utilisation under Clause 7.3 9.4 (Voluntary prepayment) or paragraph 2(a) of Schedule 4 (Mandatory Prepayment).

Appears in 1 contract

Sources: Loan Agreement (Melco Crown Entertainment LTD)