Termination Date of the Commitment. Any part of the Commitment undrawn and uncancelled at the end of the Availability Period shall thereupon be automatically cancelled.
Appears in 11 contracts
Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Performance Shipping Inc.)
Termination Date of the Commitment. Any part of the Commitment undrawn and uncancelled at the end of the Availability Period relative thereto shall thereupon be automatically cancelled.
Appears in 2 contracts
Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)
Termination Date of the Commitment. Any part of the Commitment undrawn and uncancelled at the end of the Availability Period shall thereupon be automatically cancelledcancelled and the Bank shall have no further obligation to the Borrower in respect of such undrawn part.
Appears in 2 contracts
Samples: Loan Agreement (Top Ships Inc.), Loan Agreement (NewLead Holdings Ltd.)
