Common use of Automatic cancellation Clause in Contracts

Automatic cancellation. Any part of an Available Facility which is undrawn by the Borrower at the close of business in Singapore on the last day of the applicable Availability Period shall be automatically cancelled.

Appears in 5 contracts

Samples: Facility Agreement (Las Vegas Sands Corp), Second Amendment and Restatement Agreement (Las Vegas Sands Corp), Amendment and Restatement Agreement (Las Vegas Sands Corp)

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Automatic cancellation. Any part of an Available the Facility which is undrawn by the Borrower at the close of business in the Republic of Singapore on the last day of the applicable Availability Period shall be automatically cancelled.

Appears in 2 contracts

Samples: Term Facility Agreement (Grindrod Shipping Holdings Ltd.), Term Facility Agreement (Grindrod Shipping Holdings Ltd.)

Automatic cancellation. Any part of an Available the Facility which is undrawn by the Borrower at the close of business in Singapore on the last day of the applicable Availability Period shall be automatically cancelledcancelled without any cancellation fee, premium or penalty.

Appears in 1 contract

Samples: Facility Agreement (Multi Fineline Electronix Inc)

Automatic cancellation. Any part of an Available the Facility which is remains undrawn by the Borrower at the close of business in Singapore on the last day of the applicable Availability Period shall be automatically cancelled.

Appears in 1 contract

Samples: Facility Agreement (Micron Technology Inc)

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Automatic cancellation. Any part of an Available Facility which is undrawn by the Borrower at the close of business in Singapore on the last day of the applicable Availability Period shall be automatically cancelled.. WTL/1019005126/Third Amended and Restated FA

Appears in 1 contract

Samples: Third Amendment and Restatement Agreement (Las Vegas Sands Corp)

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