Common use of Automatic cancellation Clause in Contracts

Automatic cancellation. The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 28 contracts

Samples: Agreement, Agreement (Eros International PLC), Assignment Agreement (Marine Harvest ASA)

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Automatic cancellation. The Commitment Commitments of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 12 contracts

Samples: Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)

Automatic cancellation. The Commitment relevant Commitments of each Lender will be automatically cancelled at the close of business on the last day of the relevant Availability Period.

Appears in 8 contracts

Samples: Agreement (Ocean Rig UDW Inc.), Agreement (Ocean Rig UDW Inc.), Agreement (Ocean Rig UDW Inc.)

Automatic cancellation. (a) The Commitment Commitments of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 5 contracts

Samples: Supplemental Agreement (Enodis PLC), Agreement (Vivendi Universal), Agreement (Enodis PLC)

Automatic cancellation. The Commitment Commitments of each Lender will be automatically cancelled at the close of business on the last day of the relevant Availability Period.

Appears in 4 contracts

Samples: Agreement (Merck Kgaa /Fi), Agreement (E. Merck oHG), Agreement (Photronics Inc)

Automatic cancellation. The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 4 contracts

Samples: Agreement (Best Buy Co Inc), Agreement (Best Buy Co Inc), Agreement (United Auto Group Inc)

Automatic cancellation. The Commitment of each Lender undrawn Commitments will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 3 contracts

Samples: Agreement, Facility Agreement (Strategic Hotels & Resorts, Inc), Facility Agreement (Strategic Hotels & Resorts, Inc)

Automatic cancellation. The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the relevant Availability Period.

Appears in 3 contracts

Samples: Agreement (Smith & Nephew PLC), Agreement (Oratec Interventions Inc), Agreement (Smith & Nephew PLC)

Automatic cancellation. The Commitment Commitments of each Lender under a Facility will be automatically cancelled at the close of business on the last day of the Availability PeriodPeriod for that Facility.

Appears in 3 contracts

Samples: Agreement (Liberty Global, Inc.), Agreement (Liberty Global, Inc.), Telenet Bidco (Liberty Global, Inc.)

Automatic cancellation. The Commitment Commitments of each Lender will be automatically cancelled at the close of business on the last day of the Availability PeriodPeriod which applies to that Lender.

Appears in 2 contracts

Samples: Agreement (PPG Industries Inc), Agreement (PPG Industries Inc)

Automatic cancellation. (a) The Commitment of each Lender undrawn Commitments will be automatically cancelled at the close of business on the last day of the Availability Period.;

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Strategic Hotels & Resorts, Inc), Agreement (Strategic Hotels & Resorts, Inc)

Automatic cancellation. The Commitment Commitments of each Lender will be automatically cancelled at the close of business on the last day of the relevant Availability PeriodPeriod or, in respect of Tranche A, immediately after the first drawdown.

Appears in 2 contracts

Samples: Credit Agreement (TTM Technologies Inc), Credit Agreement (TTM Technologies Inc)

Automatic cancellation. (a) The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 2 contracts

Samples: www.sec.gov, Agreement (Shurgard Storage Centers Inc)

Automatic cancellation. The Commitment undrawn Commitments of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 2 contracts

Samples: Agreement (Schlumberger LTD /Ny/), Agreement (Schlumberger LTD /Ny/)

Automatic cancellation. The Any part of the Commitment of each the Lender which, at that time, is unutilised will be automatically cancelled at the close of business on the last day of the Availability PeriodPeriod and shall not be available for utilisation thereafter.

Appears in 1 contract

Samples: Facility Agreement (Baidu, Inc.)

Automatic cancellation. The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability PeriodUtilisation Date.

Appears in 1 contract

Samples: Kadant Jining Light (Kadant Inc)

Automatic cancellation. The Any Commitment of each Lender will be automatically cancelled at the close of business on the last day of any Availability Period applicable to the Availability Period.relevant Facility. Table of Contents

Appears in 1 contract

Samples: Facilities Agreement (HeidelbergCement AG)

Automatic cancellation. The Commitment of each Lender of the Lenders will be automatically cancelled at the close of business on the last day of the relevant Availability Period.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Automatic cancellation. The undrawn Commitment of each Lender in relation to the Facility will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 1 contract

Samples: Anthracite Capital Inc

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Automatic cancellation. (a) The unutilised Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 1 contract

Samples: Agreement (eHi Car Services LTD)

Automatic cancellation. The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability PeriodPeriod (or such other date as may be agreed by the Facility Agent acting on the instructions of all of the Lenders).

Appears in 1 contract

Samples: Agreement (Aramark Corp/De)

Automatic cancellation. The unutilised Commitment of each Lender will be automatically cancelled in full at the close of business on the last day of the relevant Availability Period.

Appears in 1 contract

Samples: Agreement (Smith & Nephew PLC)

Automatic cancellation. The Commitment Commitments of each Lender will be automatically cancelled at the close of business on the last day of the applicable Availability Period.

Appears in 1 contract

Samples: Agreement (Imperial Tobacco Group PLC)

Automatic cancellation. The Available Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 1 contract

Samples: Agreement (Best Buy Co Inc)

Automatic cancellation. The Commitment Commitments of each Lender will be automatically cancelled at the close of business on the last day of the relevant Availability PeriodPeriod or, in respect of Tranche A Facility, immediately after the first Utilisation Date.

Appears in 1 contract

Samples: Facility Agreement (TTM Technologies Inc)

Automatic cancellation. The Commitment unutilised Commitments of each Lender under the Facilities will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 1 contract

Samples: Loan Facilities Agreement

Automatic cancellation. (a) The Commitment Commitments of each Lender in relation to the Facility will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 1 contract

Samples: Agreement (PPL Corp)

Automatic cancellation. The Commitment Commitments of each Lender under a Facility will be automatically cancelled at the close of business on the last day of the Availability PeriodPeriod for Loans under that Facility.

Appears in 1 contract

Samples: International Paper Co /New/

Automatic cancellation. The (a) Each Commitment of each Senior Lender will be automatically cancelled at the close of business on the last day of the applicable Availability Period.

Appears in 1 contract

Samples: Senior Facilities Agreement (Kenon Holdings Ltd.)

Automatic cancellation. The Each undrawn Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

Appears in 1 contract

Samples: Senior Term Facility Agreement (SemGroup Corp)

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