Common use of Automatic cancellation of Commitments Clause in Contracts

Automatic cancellation of Commitments. The Senior Facility G Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Lesaka Technologies Inc), Senior Facility Agreement (Lesaka Technologies Inc), Senior Facility Agreement (Net 1 Ueps Technologies Inc)

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Automatic cancellation of Commitments. The Senior Facility G B Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.

Appears in 3 contracts

Samples: Senior Facility Agreement (Net 1 Ueps Technologies Inc), Senior Facility Agreement (Net 1 Ueps Technologies Inc), Senior Facility Agreement (Net 1 Ueps Technologies Inc)

Automatic cancellation of Commitments. The Senior Facility G A Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.

Appears in 3 contracts

Samples: Senior Facility Agreement (Net 1 Ueps Technologies Inc), Senior Facility Agreement (Net 1 Ueps Technologies Inc), Senior Facility Agreement (Net 1 Ueps Technologies Inc)

Automatic cancellation of Commitments. The Senior Facility G C Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.

Appears in 3 contracts

Samples: Senior Facility Agreement (Net 1 Ueps Technologies Inc), Senior Facility C Agreement (Net 1 Ueps Technologies Inc), Senior Term Loan Facility Agreement (Net 1 Ueps Technologies Inc)

Automatic cancellation of Commitments. The Senior Facility G H Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Lesaka Technologies Inc), Senior Facility Agreement (Lesaka Technologies Inc), Senior Facility H Agreement (Net 1 Ueps Technologies Inc)

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Automatic cancellation of Commitments. The Senior Facility G E Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Net 1 Ueps Technologies Inc), Facility Agreement (Net 1 Ueps Technologies Inc)

Automatic cancellation of Commitments. The Senior Facility G F Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.

Appears in 1 contract

Samples: Senior Facility Agreement (Net 1 Ueps Technologies Inc)

Automatic cancellation of Commitments. The Senior Facility G D Commitments which, at that time, are unutilised, and in respect of which no Utilisation Request has been delivered, shall be immediately cancelled at 10h00 on the last day of the Availability Period.

Appears in 1 contract

Samples: Senior Facility Agreement (Net 1 Ueps Technologies Inc)

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