Automatic Cancellation of the Total Commitments. (a) The undrawn Tranche A Commitment of each Bank shall be automatically cancelled at the close of business in London on the last day of the Tranche A Availability Period. (b) The Tranche B Commitment of each Bank (including the Swingline Commitments of the Swingline Banks) shall be automatically cancelled at the close of business in London on the last day of the Tranche B Availability Period.
Appears in 5 contracts
Samples: Syndicated Credit Facility Agreement (Gec Acquisition Corp), Syndicated Credit Facility Agreement (Gec Acquisition Corp), Syndicated Credit Facility (Gec Acquisition Corp)
