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: Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Senior 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 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: Multicurrency Facilities Agreement (Pernod Ricard S a /Fi)

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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: Senior Facilities Agreement (Luxfer Holdings PLC)

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