Mandatory Cancellation. Will cancel the Deferred Compensation Election of an Eligible Employee who experiences a Disability as defined in subparagraph 3.5(b).
Mandatory Cancellation. All Available Commitments under a Facility shall automatically be cancelled at the end of the Availability Period in respect of that Facility.
Mandatory Cancellation. (a) The Commitments of each Lender under a Facility will be automatically cancelled at the close of business on the last day of the Availability Period of the relevant Facility.
Mandatory Cancellation. Any part of the Facility which remains undrawn at the end of the Availability Period shall be automatically and immediately cancelled and each Lender's undrawn Commitment shall at that time be reduced to zero.
Mandatory Cancellation. The Available Facility shall automatically be cancelled to zero on the last day of the Availability Period.
Mandatory Cancellation. (a) On each date on which a mandatory repayment of principal and, if applicable, concurrent cancellation of commitments (the amount of any such repayment and cancellation being a "NEW FACILITY REPAYMENT AMOUNT") is required under and in respect of any New Facility (a "MANDATORY CANCELLATION DATE"), the Commitments will be cancelled by the Euro Equivalent of an amount equal to the then applicable Cancellation Amount. "
Mandatory Cancellation. 7.8.1 If, prior to an Acquired Ship’s Delivery:
Mandatory Cancellation. The undrawn Interim Commitments of the Interim Lenders will be automatically cancelled (on a US Dollar for US Dollar basis) on each date on which Term A Facility is utilised in US Dollars, in each case by an amount equal to the aggregate principal amount of Term A Facility utilised on such utilisation date. Any cancellation shall reduce the Interim Commitments of the Interim Lenders rateably under the Interim Facility.
Mandatory Cancellation. The Facility shall be immediately cancelled upon the earlier of:
Mandatory Cancellation. If any Acquisition Document is repudiated by any party thereto, the Commitment will be immediately and automatically cancelled.
