Common use of Voluntary Repayments Clause in Contracts

Voluntary Repayments. Upon not less than three (3) Business Days' prior written notice to the Agent, the Borrower may make a Repayment on account of the Outstanding Principal Amount under a Non-Revolving Facility (except Bankers’ Acceptances, BA Equivalent Loans and CDOR Loans prior to the maturity thereof) in a minimum amount of one hundred Thousand Canadian Dollars (CDN$100,000) without payment of any penalty or fee, provided that the Borrower shall also concurrently unwind Hedge Transactions to the extent necessary such that the aggregate notional amount of all outstanding Hedge Transactions relating to the relevant Non- Revolving Facility does not exceed the Outstanding Principal Amount under that Non-Revolving Facility at such time. Any such voluntary Repayment shall be applied against the Borrower's obligations to make scheduled Repayments under that Non-Revolving Facility (including the final Repayment of the Outstanding Principal Amount on the Maturity Date) in reverse chronological order; and the available credit (if any) under the relevant Non-Revolving Facility shall be automatically and permanently reduced by any such voluntary Repayment. The Agent shall promptly remit to each Lender its Proportionate Share of any such voluntary Repayment. For greater certainty however, Bankers’ Acceptances, BA Equivalent Loans and CDOR Loans may not be repaid prior to the maturity thereof.

Voluntary Repayments. Upon not less than three (3) Business Days' ’ prior written notice to the Agent, the Borrower may make a Repayment on account of the Outstanding Principal Amount under a Non-Revolving Facility (except Bankers’ Acceptances, BA Equivalent Loans and CDOR Loans prior to the maturity thereof) in a minimum amount of one hundred Thousand Canadian Dollars (CDN$100,000) without payment of any penalty or fee, provided that the Borrower shall also concurrently unwind Hedge Transactions to the extent necessary such that the aggregate notional amount of all outstanding Hedge Transactions relating to the relevant Non- Non-Revolving Facility does not exceed the Outstanding Principal Amount under that Non-Revolving Facility at such time. Any such voluntary Repayment shall be applied against the Borrower's ’s obligations to make scheduled Repayments under that Non-Revolving Facility (including the final Repayment of the Outstanding Principal Amount on the Maturity Date) in reverse chronological order; and the available credit (if any) under the relevant Non-Revolving Facility shall be automatically and permanently reduced by any such voluntary Repayment. The Agent shall promptly remit to each Lender its Proportionate Share of any such voluntary Repayment. For greater certainty however, Bankers’ Acceptances, BA Equivalent Loans and CDOR Loans may not be repaid prior to the maturity thereof.. DOCPROPERTY "CUS_DocIDChunk0" NATDOCS\70776052\V-4

Voluntary Repayments. Upon not less than three (3) Business Days' ’ prior written notice to the Agent, the Borrower may make a Repayment on account of the Outstanding Principal Amount under a Non-Revolving Facility (except Bankers’ Acceptances, BA Equivalent Loans and CDOR Loans prior to the maturity thereof) in a minimum amount of one hundred Thousand Canadian Dollars (CDN$100,000) without payment of any penalty or fee, provided that the Borrower shall also concurrently unwind Hedge Transactions to the extent necessary such that the aggregate notional amount of all outstanding Hedge Transactions relating to the relevant Non- Revolving Facility does not exceed the Outstanding Principal Amount under that Non-Revolving Facility at such time. Any such voluntary Repayment shall be applied against the Borrower's ’s obligations to make scheduled Repayments under that Non-Revolving Facility (including the final Repayment of the Outstanding Principal Amount on the Maturity Date) in reverse chronological order; and the available credit (if any) under the relevant Non-Revolving Facility shall be automatically and permanently reduced by any such voluntary Repayment. The Agent shall promptly remit to each Lender its Proportionate Share of any such voluntary Repayment. For greater certainty however, Bankers’ Acceptances, BA Equivalent Loans and CDOR Loans may not be repaid prior to the maturity thereof.