End of Availability Period. End of Period for first Advance The unutilised portion (if any) of the Facility will automatically be cancelled at close of business on the last day of the Availability Period or, if the first Advance has not been made hereunder on or before the date falling three months after the date hereof, on such later date unless the Agent acting on the instructions of all Lenders otherwise notifies the Borrower in writing.
Appears in 6 contracts
Samples: Account Pledge Agreement, Mercer International Inc., Account Pledge Agreement (Mercer International Inc)
End of Availability Period. End of Period for first Advance The unutilised portion (if any) of the Facility will automatically be cancelled at close of business on the last day of the Availability Period or, if the first Advance has not been made hereunder on or before the date falling three months after the date hereof, on such later date unless the Agent acting on the instructions of all Lenders otherwise notifies the Borrower in writing.
Appears in 2 contracts
Samples: Letter Of (Mercer International Inc.), Mercer International Inc.
