Automatic cancellation. Any part of the Total Commitments which has not become available by the Last Availability Date shall be automatically cancelled at close of business in London on the Last Availability Date.
Appears in 6 contracts
Samples: Facility Agreement, Facility Agreement (Danaos Corp), Facility Agreement (DryShips Inc.)
Automatic cancellation. Any part of the Total Commitments Commitment which has not become available by the Last Availability Date shall be automatically cancelled at close of business in London on the Last Availability Date.
Appears in 2 contracts
Samples: Facility Agreement (Danaos Corp), Pre Delivery Financing Agreement (Golar LNG LTD)
Automatic cancellation. Any part of the Total Commitments which has not become available by the Last last day of the Availability Date Period shall be automatically cancelled at close of business in London on the Last last day of the Availability DatePeriod.
Appears in 1 contract
Automatic cancellation. Any part of the Total Commitments a Commitment which has not become available or been utilised by the Last Final Availability Date for the relevant Tranche shall be automatically cancelled at close of business in London on the Last that Final Availability Date.
Appears in 1 contract
Automatic cancellation. Any part of the Total Commitments relating to an Advance which has not become available by the Last Availability Date for that Advance shall be automatically cancelled at close of business in London on the Last Availability DateDate for that Advance.
Appears in 1 contract
