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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Voluntary cancellation

This excerpt taken from the LUX 20-F filed Jun 28, 2006.
Voluntary cancellation

Each Borrower may, if it gives the Agent not less than 10 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 €10,000,000 with respect to Facility A or Facility C, and US$10,000,000 with respect to Facility B) of an Available Facility. Any cancellation under this Clause 8.4 shall reduce the Commitments of the Facility A Lenders or, as the case may be, Facility B Lenders or, as the case may be, Facility C Lenders rateably under that Facility.

8.5.                             

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