Common use of Voluntary cancellation Clause in Contracts

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if less) of the Available Facility at any time during the Availability Period.

Appears in 4 contracts

Samples: Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)

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Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' three Business Days’ (or such shorter period as agreed by the Majority Lenders may agreeCompany and the Facility Agent) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if less€1,000,000) of the Available Facility at any time during Facility. Any cancellation under this Clause 9.7 shall (subject to the Availability Periodprovisions of Clause 6.1(f) (Utilisation of Ancillary Facilities) reduce the Commitments of the Lenders rateably under the Facilities.

Appears in 3 contracts

Samples: And Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the relevant Facility, if less) of the an Available Facility at any time during the Availability PeriodPeriod in respect of the relevant Facility.

Appears in 2 contracts

Samples: Multicurrency Loan Facility Agreement (Falconbridge LTD), Subscription Agreement (Falconbridge LTD)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the relevant Facility, if less) of the an Available Facility at any time during the Availability PeriodPeriod in respect of the relevant Facility.

Appears in 2 contracts

Samples: Multicurrency Loan Facility and Subscription Agreement (Xstrata PLC), Loan Facility Agreement (Xstrata PLC)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' three days (or such shorter period as the Majority Lenders may agree) prior noticenotice which is then irrevocable, cancel the whole or any part (being a minimum amount of $25,000,000 5,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if lessand an integral multiple of $1,000,000 thereafter)) of the Available Facility at any time during Facility. Any cancellation under this Clause 8.4 shall reduce the Availability PeriodCommitments of the Lenders rateably.

Appears in 1 contract

Samples: Agreement (Signet Group PLC)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' three Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if lessUS$1,000,000 and an integral multiple of US$500,000) of an Available Facility. Any cancellation under this Clause 10.3 shall reduce the Available Facility at any time during Commitments of the Availability PeriodLenders rateably under that Facility.

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

Voluntary cancellation. The Company may, if it gives the Facility Facilities Agent not less than 10 days' three (3) Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 twenty five million dollars (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if lessUSD 25,000,000) of any Available Facility. Any cancellation under this Clause shall reduce the Available Facility at any time during Commitments of the Availability PeriodLenders rateably under that Facility.

Appears in 1 contract

Samples: Term Facilities Agreement (Sanofi-Aventis)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 5 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if lesseuro 50,000,000) of the Available Facility at any time during Facility. Any cancellation in part under this Clause 8.3 will be applied against the Availability PeriodCommitment of each Lender pro rata.

Appears in 1 contract

Samples: Credit Agreement (Koninklijke KPN N V)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' three Business Days’ (or such shorter period as the Majority Lenders may agree) prior noticenotice in writing, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent 40,000,000 and in any other currency or currencies) or the outstanding balance under the Facility, if lessmultiples of $10,000,000) of the Available Facility at any time during Facility. Any cancellation under this Clause 8.3 shall reduce the Availability PeriodCommitments of the Lenders rateably.

Appears in 1 contract

Samples: Intercontinental Hotels Group PLC /New/

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 daysthree Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (but, if in part being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if lessUS$1,000,000 and integral multiples of US$500,000) of the Available Facility at any time during Facility. Any cancellation under this Clause 9.8 shall reduce the Availability PeriodCommitments of the Lenders rateably.

Appears in 1 contract

Samples: Mgo Facility Agreement

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Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' ten Business Days (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 US$10,000,000 (or its equivalent in any other currency or currenciesten million dollars) or the outstanding balance under the Facility, if lessand an integral multiple of US$5,000,000 (five million dollars)) of an Available Facility. Any cancellation under this Clause 7.3 in respect of either Facility shall reduce the Available Facility at any time during Commitments of the Availability PeriodLenders rateably under that Facility.

Appears in 1 contract

Samples: Golden Telecom Inc

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if less€5,000,000) of the Available Facility at any time during Facility. Any cancellation under this Clause 8.3 shall reduce the Availability PeriodCommitments of the Lenders rateably under the Facility.

Appears in 1 contract

Samples: Facility Agreement (Coca-Cola HBC AG)

Voluntary cancellation. (a) The Company may, if it gives the Facility Agent not less than 10 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the relevant Facility, if less) of the an Available Facility at any time during the Availability PeriodPeriod in respect of the relevant Facility.

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days5 Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if lessEUR 10,000,000) of an Available Facility. Any cancellation under this Clause 8.3 shall reduce the Available Facility at any time during Commitments of the Availability Period.Lenders rateably under that Facility. Back to Contents

Appears in 1 contract

Samples: Legrand Holding Sa

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 5 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if lesseuro 50,000,000) of the Available Facility at any time during the Availability PeriodFacility.

Appears in 1 contract

Samples: Syndicated Revolving Credit Agreement (Koninklijke KPN N V)

Voluntary cancellation. The Company may, if it gives the Facility Agent not less than 10 days' (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of $25,000,000 (or its equivalent in any other currency or currencies) or the outstanding balance under the Facility, if less) of the Available Facility at any time during the Availability Period.

Appears in 1 contract

Samples: Dual Currency Term Facilities Agreement (Xstrata PLC)

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