Common use of Cancellation of Facility Clause in Contracts

Cancellation of Facility. The amount of the Facility which, at that time, is unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 2 contracts

Samples: Agreement (Polestar Automotive Holding UK PLC), Term Facility Agreement (Polestar Automotive Holding UK PLC)

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Cancellation of Facility. The amount of the Facility which, at that time, is unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement (Utah Medical Products Inc)

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Cancellation of Facility. The amount of the unutilised Facility which, at that time, is unutilised Amount shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Credit Facility Agreement (Axis Capital Holdings LTD)

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