Common use of Cancellation of Commitment Clause in Contracts

Cancellation of Commitment. The Revolving Facility Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period for the Revolving Facility.

Appears in 2 contracts

Samples: Revolving Facility Agreement (South Texas Supply Company, Inc.), Revolving Facility Agreement (South Texas Supply Company, Inc.)

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Cancellation of Commitment. The Revolving Commitments of each Lender under a Facility Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period for the Revolving that Facility.

Appears in 2 contracts

Samples: Senior Facilities Agreement (Melco Crown Entertainment LTD), Senior Facilities Agreement (Melco Crown Entertainment LTD)

Cancellation of Commitment. The Revolving Any unutilised Commitment in respect of a Facility Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period for the Revolving that Facility.

Appears in 1 contract

Samples: Revolving Facilities Agreement (Alcatel Lucent)

Cancellation of Commitment. The Revolving Facility A Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period for the Revolving Facilityand each Facility A Lender’s Available Commitment under Facility A shall be reduced to zero.

Appears in 1 contract

Samples: Term Facility Agreement (Harmony Gold Mining Co LTD)

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Cancellation of Commitment. The Revolving Facility Commitments which, at that time, are unutilised shall be immediately cancelled at On the end last day of the Availability Period for the Revolving in relation to a Facility, all unutilised Commitments under that Facility will automatically be cancelled.

Appears in 1 contract

Samples: Senior and Super Senior Multicurrency Term and Revolving Facilities Agreement

Cancellation of Commitment. The Revolving Commitments under a Facility Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period for the Revolving that Facility.

Appears in 1 contract

Samples: Common Terms Agreement (Sunpower Corp)

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