Automatic cancellation. The Commitment of the Lender (or relevant part thereof) in respect of an Availability Period will be automatically cancelled at the close of business on the last day of the applicable Availability Period, to the extent undrawn at that date.
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Samples: Agreement (Atlatsa Resources Corp), Agreement (Atlatsa Resources Corp)
Automatic cancellation. The Commitment of the Lender (or relevant part thereof) in respect of an Availability Period will be automatically cancelled at At the close of business on the last day Business Day of the applicable Availability PeriodPeriod (or, to if earlier, the extent Utilisation Date), the undrawn Commitment at that datetime shall automatically be cancelled.
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Samples: Term Facility Agreement (Sterlite Industries (India) LTD)
Automatic cancellation. The Commitment of the Lender (or relevant part thereof) in respect of an Availability Period will be automatically cancelled at At the close of business on the last day Business Day of the applicable Availability Period, to the extent undrawn Commitment of each Lender at that datetime shall automatically be cancelled.
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Automatic cancellation. (a) The obligation of a Lender to advance the undrawn amount of its Commitment of the Lender (or relevant part thereof) in respect of an Availability Period will be automatically cancelled at the close of business on the last day of the applicable Availability Period, to the extent undrawn at that date.
Appears in 1 contract
Samples: Agreement (Global Ship Lease, Inc.)
Automatic cancellation. The Commitment of the Lender (or relevant part thereof) in respect of an the Availability Period will be automatically cancelled at the close of business on the last day of the applicable Availability Period, to the extent undrawn at that date.
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Automatic cancellation. The undrawn Commitment of the each Lender (or relevant part thereof) in respect of an Availability Period will shall be automatically cancelled at the close of business on at the end of the last day of the applicable Availability Period, to . No Advance may be borrowed after the extent undrawn at that dateend of the Availability Period.
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Samples: Agreement (Chaparral Resources Inc)
Automatic cancellation. The Commitment Commitments of the each Lender (or relevant part thereof) in respect of an Availability Period will be automatically cancelled at the close of business on the last day of the applicable Availability Period, Period to the extent undrawn at that date.
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