Common use of Voluntary prepayment of Loans Clause in Contracts

Voluntary prepayment of Loans. A Borrower may, if it or the Company gives the Facility Agent not less than three Business Days’ (or such shorter period as agreed by the Company and the Facility Agent) prior notice, prepay the whole or any part of a Loan (but if in part, being an amount that reduces the Amount of the Loan by a minimum amount of €1,000,000).Any voluntary prepayment made under this paragraph will be applied against the Facilities in such proportion and manner as may be specified by the Company, acting in its sole discretion, in the notice of prepayment.

Appears in 4 contracts

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

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Voluntary prepayment of Loans. A Borrower may, if it or the Company gives the Facility Agent not less than three Business Days’ (or such shorter period as agreed by the Company and the Facility Agent) prior notice, prepay the whole or any part of a Loan (but if in part, being an amount that reduces the Amount of the Loan by a minimum amount of €1,000,000).Any 1,000,000). Any voluntary prepayment made under this paragraph will be applied against the Facilities in such proportion and manner as may be specified by the Company, acting in its sole discretion, in the notice of prepayment.

Appears in 2 contracts

Samples: Facilities Agreement (Liberty Global PLC), Restatement Agreement (Liberty Global PLC)

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Voluntary prepayment of Loans. A The Borrower may, if it or the Company gives the Facility Agent not less than three Business Days’ (or such shorter period as agreed by the Company and the Facility AgentMajority Lenders may agree) prior notice, prepay the whole or any part of a the Loan (but but, if in part, being an amount that reduces the Amount of the Loan by a minimum amount of €1,000,000).Any voluntary prepayment made under this paragraph will be applied against the Facilities in US$1,000,000 (or such proportion and manner as may be specified lesser amount agreed by the Company, acting in its sole discretion, in the notice of prepaymentFacility Agent)).

Appears in 1 contract

Samples: Facility Agreement (Global Ship Lease, Inc.)

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