Common use of Prepayments Generally Clause in Contracts

Prepayments Generally. (a) No prepayment may be made pursuant to clauses 6.2, 6.4 or 6.5 unless the Primary Borrower shall have given the Facility Agent 5 Banking Days prior notice (or in the case of a prepayment pursuant to clause 14.1 such notice as is required under clause 14.1) specifying the proposed date of the prepayment and the amount to be prepaid. Every such notice shall be effective only on actual receipt by the Facility Agent, shall be irrevocable and shall oblige the relevant Borrower to make the relevant prepayment on the date specified.

Appears in 3 contracts

Samples: Facilities Agreement (Texas Utilities Co /Tx/), Facilities Agreement (Texas Utilities Electric Co), Facilities Agreement (Tu Acquisitions PLC)

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Prepayments Generally. (a) No prepayment may be made pursuant to clauses 6.2, 6.4 or 6.5 unless the Primary relevant Borrower shall have given the Facility Agent 5 3 Banking Days prior notice (or in the case of a prepayment pursuant to clause 14.1 such notice as is required under clause 14.1) specifying the proposed date of the prepayment and the amount to be prepaid. Every such notice shall be effective only on actual receipt by the Facility Agent, shall be irrevocable and shall oblige the relevant Borrower to make the relevant prepayment on the date specified.

Appears in 1 contract

Samples: Facilities Agreement (Premier Foods PLC)

Prepayments Generally. (a) No prepayment may be made pursuant to clauses 6.2, 6.3 or 6.4 or 6.5 unless the Primary Borrower shall have given the Facility Agent 5 3 Banking Days prior notice (or in the case of a prepayment pursuant to clause 14.1 such notice as is required under clause 14.1) specifying the proposed date of the prepayment and the amount to be prepaid. Every such notice shall be effective only on actual receipt by the Facility Agent, shall be irrevocable and shall oblige the relevant Borrower to make the relevant prepayment on the date specified.

Appears in 1 contract

Samples: Agreement (Premier Foods PLC)

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Prepayments Generally. (a) 6.8.1 No prepayment may be made pursuant to clauses 6.2, 6.4 6.2 or 6.5 6.3 and no cancellation may be made under clause 6.6 unless the Primary relevant Borrower shall have given the Facility Agent at least 5 Banking Days Days' prior notice (or in such shorter period as the case of a prepayment pursuant to clause 14.1 such notice as is required under clause 14.1Facility Agent may agree) specifying the proposed date of the prepayment and the amount to be prepaid. Every such notice shall be effective only on actual receipt by the Facility Agent, shall be irrevocable and shall oblige the relevant Borrower to make the relevant prepayment on the date specified.

Appears in 1 contract

Samples: Conformed Copy (Txu Corp /Tx/)

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