Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Lender not less than 7 Business Days' (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of $100,000 (or an integral multiple thereof) or such other amount as the Lender may agree) of the Available Facility. (b) The unutilised Commitment (if any) shall be automatically cancelled at close of business on the earlier of (a) the Utilisation Date and (b) the end of the Availability Period.
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Sources: Term Loan Facility Agreement (Seanergy Maritime Holdings Corp.)
Voluntary and automatic cancellation. (a) The Borrowers Borrower may, if they give it gives the Lender not less than 7 ten Business Days' ’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of $100,000 (or an integral multiple thereof) or such other amount as the Lender may agree1,000,000) of the Available Facility. Any cancellation under this Clause 7.3 (Voluntary and automatic cancellation) shall reduce the amount of the Commitment rateably.
(b) The unutilised Commitment (if any) shall be automatically cancelled at close of business on the earlier of (a) the Utilisation Date and (b) the end of the Availability PeriodDate.
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Voluntary and automatic cancellation. (a) The Borrowers Borrower may, if they give it gives the Lender not less than 7 three Business Days' ’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of $100,000 (or an integral multiple thereof) or such other amount as the Lender may agree500,000) of the Available FacilityCommitment.
(b) The unutilised Commitment (if any) shall be automatically cancelled at close of business on the earlier of (a) the Utilisation Date and (b) the end of the Availability PeriodDate.
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Voluntary and automatic cancellation. (a) The Borrowers Borrower may, if they give it gives the Lender not less than 7 ten Business Days' ’ (or such shorter period as the Lender may agree) prior written notice, cancel the whole or any part (being a minimum amount of $100,000 (or an integral multiple thereof) or such other amount as the Lender may agree500,000) of the Available FacilityCommitment.
(b) The unutilised Commitment (if any) shall be automatically cancelled at close of business on the earlier of (a) the Utilisation Date and (b) the end of the Availability PeriodDate.
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Voluntary and automatic cancellation. (a) The Borrowers Borrower may, if they give it gives the Lender not less than 7 Business Days10 days' (or such shorter period as the Lender may agree) prior noticenotice in writing, cancel the whole or any part (being a minimum amount of equal to $100,000 (or an integral multiple thereof) thereof or such other amount as the Lender may agreeagree with the Borrower) of the Available Facility.
(b) The unutilised Commitment (if any) shall be automatically cancelled at close of business on the earlier of (a) the Utilisation Date and (b) the end of the Availability Period.Available
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Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Lender Agent not less than 7 three Business Days' (or such shorter period as the Lender Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $100,000 (or an integral multiple thereof) or such other amount as the Lender may agree) 1,000,000 of the Available FacilityLoan). Any cancellation under this Clause 8.4 shall reduce the Commitments of the Lenders rateably and the amount of the relevant Tranche(s).
(b) The unutilised Commitment (if any) of each Lender shall be automatically cancelled at close of business on the earlier of (a) the Utilisation Date and (b) the end of the Availability Perioddate on which that Tranche is made.
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Voluntary and automatic cancellation. (a) The Borrowers may, if they give the Lender not less than 7 three Business Days' ’ (or such shorter period as the Lender may agree) prior notice, cancel the whole or any part (being a minimum amount of $100,000 (or an integral multiple thereof) or such other amount as the Lender may agree500,000) of the Available Facility.
(b) The unutilised Commitment (if any) shall be automatically cancelled at close of business on the earlier of (a) the relevant Utilisation Date and (b) the end of the Availability Period.Date.
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