Cancellation of Commitments. On the expiry of the Availability Period the Available Facility and each Bank's Available Commitment shall be reduced to zero.
Appears in 4 contracts
Samples: Letter of Credit Facility Agreement (Ace LTD), Exhibit (Ace LTD), Letter of Credit Facility Agreement (Ace LTD)
Cancellation of Commitments. On the expiry of the Availability Period the Available Facility Total Commitments, if undrawn, and each Bank's Available ’s Commitment shall be reduced to zero.
Appears in 3 contracts
Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)
Cancellation of Commitments. On the expiry of the Availability Period the Available Facility and each Bank's ’s Available Commitment shall be reduced to zero.
Appears in 1 contract
Samples: Exhibit Agreement (Ace LTD)
