Common use of Mandatory Cancellation Clause in Contracts

Mandatory Cancellation. All Available Commitments under a Facility shall automatically be cancelled at the end of the Availability Period in respect of that Facility.

Appears in 4 contracts

Samples: Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Facilities Agreement (Luxfer Holdings PLC)

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Mandatory Cancellation. All Available Commitments under a Facility shall automatically be cancelled at the end of the Availability Period in respect of that FacilityPeriod.

Appears in 1 contract

Samples: Term Facilities Agreement (Sanofi-Aventis)

Mandatory Cancellation. All Available Commitments under a the Facility shall automatically be cancelled at the end of the Availability Period in respect of that the Facility.

Appears in 1 contract

Samples: Facilities Agreement (Luxfer Holdings PLC)

Mandatory Cancellation. All Available Commitments (a) The Commitment under a each Facility shall automatically be immediately cancelled at the end of the Availability Period in respect of for that Facilityfacility.

Appears in 1 contract

Samples: Agreement (Rio Tinto PLC)

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Mandatory Cancellation. All Available Commitments under a Facility (and under any Tranche of a Facility) shall automatically be cancelled at the end of the Availability Period in respect of that Facility.

Appears in 1 contract

Samples: Law (Pernod Ricard S a /Fi)

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