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: Charge Agreement (Ace LTD), Charge Agreement (Ace LTD), Original 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: Confidentiality Agreement (Ace LTD), Confidentiality Agreement (Ace LTD), 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: Confidentiality Agreement (Ace LTD)
