Automatic Cancellation of the Total Commitments. The Commitment of each Bank shall be automatically cancelled at close of business on the last day of the Availability Period.
Appears in 3 contracts
Samples: Agreement (Scottish Power PLC), Subordination Agreement (Azurix Corp), Agreement (Azurix Corp)
Automatic Cancellation of the Total Commitments. The Subject to Clause 10 (Term-out option), the relevant Commitment of each Bank shall be automatically cancelled at close of business on the last day of the relevant Availability Period.
Appears in 1 contract
Samples: Agreement (Scottish Power PLC)
Automatic Cancellation of the Total Commitments. The Any undrawn Commitment of each a Bank shall be automatically cancelled at close of business on the last day of the Availability Period.
Appears in 1 contract
Samples: Agreement (Celltech Group PLC)