Common use of Cancellation of Commitments Clause in Contracts

Cancellation of Commitments. The Total Available Commitments shall be immediately cancelled at the end of the Availability Period.

Appears in 2 contracts

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp), Borrowing Base Facility Agreement (Transglobe Energy Corp)

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Cancellation of Commitments. The Total Available Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement (Lillian Acquisition, Inc.)

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Cancellation of Commitments. The Total Available Commitments which are unutilised at that time shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Multicurrency Revolving Credit and Bank Guarantee Facilities (Elster Group SE)

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