[The last Repayment Instalment be repaid on the Termination Date and will be the balance of the outstanding Loans.] Reborrowing The Borrower may not reborrow any part of the Facility which is repaid. Illegality If, in any applicable jurisdiction, it becomes unlawful for any Lender to perform any of its obligations as contemplated by this Agreement or to fund or maintain its participation in any Loan[ or it becomes unlawful for any Affiliate of a Lender for that Lender to do so]: that Lender shall promptly notify the Agent upon becoming aware of that event; upon the Agent notifying the Borrower, the Available Commitment of that Lender will be immediately cancelled; and the Borrower repay that Lender's participation in the Loans made to it on the last day of the Interest Period for each Loan occurring after the Agent has notified the Borrower or, if earlier, the date specified by the Lender in the notice delivered to the Agent (being no earlier than the last day of any applicable grace period permitted by law) and that Lender's corresponding Commitment shall be cancelled in the amount of the participation repaid. Change of control If [[ ] ceases to [control the Borrower/be the beneficial owner (directly or indirectly through wholly-owned Subsidiaries) of the entire issued share capital of the Borrower]/[any person or group of persons acting in concert gains control of the Borrower]: the Borrower shall promptly notify the Agent upon becoming aware of that event; [a Lender shall not be obliged to fund a Utilisation;] and if [the Majority Lenders so require]/[a Lender so requires and notifies the Agent [within [ ] days of the Borrower notifying the Agent of the event]] the Agent shall, by not less than [ ] days' notice to the Borrower, cancel the [Total Commitments]/[Commitment of that Lender] and declare [the participation of that Lender in] all outstanding Loans, together with accrued interest, and all other amounts accrued under the Finance Documents immediately due and payable, whereupon the [Total Commitments]/[Commitment of that Lender] will be cancelled and all such outstanding Loans and amounts will become immediately due and payable.
[The last Repayment Instalment be repaid on the Termination Date and will be the balance of the outstanding Loans.] Reborrowing The Borrower may not reborrow any part of the Facility which is repaid. Illegality If, in any applicable jurisdiction, it becomes unlawful for any Lender to perform any of its obligations as contemplated by this Agreement or to fund or maintain its participation in any Loan[ or it becomes unlawful for any Affiliate of a Lender for that Lender to do so]: that Lender shall promptly notify the Agent upon becoming aware of that event; upon the Agent notifying the Borrower, the Available Commitment of that Lender will be immediately cancelled; and the Borrower repay that Lender's participation in the Loans made to it on the last day of the Interest Period for each Loan occurring after the Agent has notified the Borrower or, if earlier, the date specified by the Lender in the notice delivered to the Agent (being no earlier than the last day of any applicable grace period permitted by law) and that Lender's corresponding Commitment shall be cancelled in the amount of the participation repaid. Change of control If [[ ] ceases to [control the Borrower/be the beneficial owner (directly or indirectly through wholly-owned Subsidiaries) of the entire issued share capital of the Borrower]/[any person or group of persons acting in concert gains control of the Borrower]: the Borrower shall promptly notify the Agent upon becoming aware of that event; [a Lender shall not be obliged to fund a Utilisation;] and if [the Majority Lenders so require]/[a Lender so requires and notifies the Agent [within [ ] days of the Borrower notifying the Agent of the event]] the Agent shall, by not less than [ ] days' notice to the Borrower, cancel the [Total Commitments]/[Commitment of that Lender] and declare [the participation of that Lender in] all outstanding Loans, together with accrued interest, and all other amounts accrued under the Finance Documents immediately due and payable, whereupon the [Total Commitments]/[Commitment of that Lender] will be cancelled and all such outstanding Loans and amounts will become immediately due and payable.
Single_Currency_Term_Facility_Agreement_for_REF_Single_Property_Development_Transactions_18.11.16.docx