Common use of Voluntary cancellation Clause in Contracts

Voluntary cancellation. (a) The Borrower may, by giving not less than ten (10) days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 4 contracts

Samples: Agreement, Agreement (Seaspan CORP), Agreement (Seaspan CORP)

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Voluntary cancellation. (a) The Subject to the terms of this Agreement, the Borrower may, by giving not less than ten (10) daysBusiness Days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 2 contracts

Samples: www.sec.gov, Agreement (Shurgard Storage Centers Inc)

Voluntary cancellation. (a) The Borrower Each of the Borrowers may, by giving not less than ten (10) 30 days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 2 contracts

Samples: Credit Agreement (TTM Technologies Inc), Credit Agreement (TTM Technologies Inc)

Voluntary cancellation. (a) The A Borrower may, by giving not less than ten (10) days3 Business Days’ prior notice to the Facility AgentAgent (or such shorter period as may be agreed between the Borrower and the Facility Agent (acting on the instructions of the Majority Lenders), cancel the unutilised amount of the Total Commitments a Commitment in whole or in part.

Appears in 2 contracts

Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)

Voluntary cancellation. (a) The Borrower may, by giving not less than ten (10) days’ 10 Business Days' prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Intercreditor Agreement (Metro International Sa)

Voluntary cancellation. (a) The Borrower Each of the Borrowers may, by giving not less than ten (10) 15 days’ prior notice to the Facility AgentAgent (or such shorter period as may be agreed between the relevant Borrower(s) and the Facility Agent (acting on the instructions of the Majority Lenders), cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Facility Agreement (TTM Technologies Inc)

Voluntary cancellation. (a) The Borrower may, by giving not less than ten five (105) daysBusiness Days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Agreement (Seaspan CORP)

Voluntary cancellation. (a) The Borrower Borrowers may, by giving not less than ten three (103) daysBusiness Days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Agreement (Seaspan CORP)

Voluntary cancellation. (a) The Subject to the other terms of this Agreement, the Borrower may, by giving not less than ten (10) days' prior written notice to the Facility Senior Agent, cancel the unutilised amount of either or both of the Total Commitments Facility B1 Commitment and/or the Facility B2 Commitment in whole or in part.

Appears in 1 contract

Samples: Confidential Treatment (Sunpower Corp)

Voluntary cancellation. (a) The Borrower may, by giving the Agent not less than ten (10) days’ prior notice to the Facility Agentnotice, cancel the unutilised amount all or part of the Total Commitments in whole or Commitment (but if in part, in a minimum of the Base Currency Amount of NOK 10,000,000 and an integral multiple of NOK 10,000,000).

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Seawell LTD)

Voluntary cancellation. (a) The Borrower Borrowers may, by giving not less than ten (10) days10 Business Days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Facilities Agreement

Voluntary cancellation. (a) The A Borrower may, by giving not less than ten (10) days3 Business Days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Agreement (Mittal Steel Co N.V.)

Voluntary cancellation. (a) The Borrower may, by giving not less than ten (10) days’ three Business Days' prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Agreement (PPL Corp)

Voluntary cancellation. (a) The Borrower may, by giving not less than ten (10) daysBusiness Days’ prior notice to the Facility Agent, cancel the unutilised amount portion of the Total Commitments in whole or in part (but, if in part, in a minimum of € 50,000,000 and an integral multiple of € 5,000,000).

Appears in 1 contract

Samples: Agreement (Schneider Electric Sa)

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Voluntary cancellation. (a) The Borrower may, by giving not less than ten three (103) days’ Business Days' prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Agreement (Seaspan CORP)

Voluntary cancellation. (a) The Borrower may, by giving not less than ten five (105) daysBusiness Days’ prior written notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Agreement (Centex Corp)

Voluntary cancellation. (a) The Borrower may, by giving at any time prior to the date of the request for the first Disbursement and upon not less than ten (10) daysfive Business Days’ prior written notice to the Facility Agent, cancel the unutilised amount whole or part (being an integral multiple of USD 1,000,000) of the Total Commitments in whole or in partFacility.

Appears in 1 contract

Samples: Coface Covered Export Credit Agreement (Hughes Network Systems, LLC)

Voluntary cancellation. (a) The Borrower Borrowers may, by giving not less than ten (10) daysBusiness Days’ prior notice to the Facility AgentLender, cancel the unutilised amount portion of the Total Commitments Facility in whole or in part.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Voluntary cancellation. (a) The Original Borrower may, by giving not less than ten (10) daysfive Business Days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Agreement (Aramark Corp/De)

Voluntary cancellation. (a) The Borrower Borrower’s Agent may, by giving not less than ten (10) 10 days’ prior written notice to the Facility Agent, cancel the unutilised amount portion of the Total Commitments in whole or in part (but, if in part, in a minimum of €10,000,000 and an integral multiple of €5,000,000).

Appears in 1 contract

Samples: Credit Agreement (Adecco Sa)

Voluntary cancellation. (a) The Borrower Borrowers may, by giving not less than ten (10) daysBusiness Days’ prior notice to the Facility Agent, cancel the unutilised amount of the Total Commitments in whole or in part.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Voluntary cancellation. (a) The Borrower may, by giving not less than ten (10) days’ prior notice to the Facility Agent, may voluntarily cancel the unutilised amount unutilized portion of the Total Commitments Commitments, either in whole or in part, by giving at least ten (10) Business Days advance notice thereof to the Facility Agent.

Appears in 1 contract

Samples: Credit Facility Agreement (First Solar, Inc.)

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