Common use of Cancellation of Commitment Clause in Contracts

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 63 contracts

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

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Cancellation of Commitment. The Total Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 14 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.), Coface Facility Agreement (Globalstar, Inc.)

Cancellation of Commitment. (a) The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 12 contracts

Samples: Agreement (Iridium Communications Inc.), Facility Agreement (VTTI Energy Partners LP), Supplemental Agreement (Iridium Communications Inc.)

Cancellation of Commitment. The Total Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 12 contracts

Samples: Facility Agreement (Cemex Sab De Cv), Facility Agreement (Innospec Inc.), Agreement (Tim Participacoes Sa)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability PeriodPeriod for the Facility.

Appears in 8 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Assignment Agreement (Gold Fields LTD), Facility Agreement (InterXion Holding N.V.)

Cancellation of Commitment. The Total Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability PeriodPeriod to the extent that they are unutilised at that time.

Appears in 6 contracts

Samples: Loan Agreement (Diana Containerships Inc.), Secured Loan Agreement (Genco Shipping & Trading LTD), Facility Agreement (HC2 Holdings, Inc.)

Cancellation of Commitment. The Revolving Facility Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 5 contracts

Samples: Intercreditor Agreement (Melco Crown Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Cancellation of Commitment. The Commitments which, at that the time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 5 contracts

Samples: Facility Agreement (Sappi LTD), Amending Agreement (Sappi LTD), Amending Agreement (Sappi LTD)

Cancellation of Commitment. The Commitments Commitment which, at that time, are is unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 4 contracts

Samples: Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (iQIYI, Inc.), Revolving Credit Facility Agreement (Lesaka Technologies Inc)

Cancellation of Commitment. The Commitments which, at that time, are unutilised Commitment shall be immediately cancelled at the end of the Availability Period.

Appears in 4 contracts

Samples: Agreement (Flagstone Reinsurance Holdings, S.A.), Facility Agreement (Xunlei LTD), Agreement (Central European Distribution Corp)

Cancellation of Commitment. The Commitments Commitment which, at that time, are is unutilised shall be cancelled immediately cancelled at the end of the Availability Period.

Appears in 4 contracts

Samples: Loan Agreement (Xylem Inc.), 000 Term Loan Agreement (Xylem Inc.), Loan Agreement (Xylem Inc.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at At the end of the Availability Period, the Commitments which are unutilised shall be immediately cancelled.

Appears in 4 contracts

Samples: Agreement (Diana Shipping Inc.), Facility Agreement (Diana Containerships Inc.), Facility Agreement (Diana Containerships Inc.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled in full at the end of the Availability Period. The Commitments shall be cancelled in full in the event that the Closing Date has not occurred on or prior to the date that is ten (10) Business Days after the date of this Agreement.

Appears in 4 contracts

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

Cancellation of Commitment. (a) The Total Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 4 contracts

Samples: Agreement (AstraZeneca Biopharmaceuticals Inc.), Facilities Agreement (Borse Dubai LTD), Facility Agreement (AstraZeneca Biopharmaceuticals Inc.)

Cancellation of Commitment. The whole or any part of the Total Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability PeriodPeriod to the extent that they are unutilised at that time.

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period. Also, any part of the Commitments outstanding after the Utilisation shall be immediately cancelled.

Appears in 3 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period. 6.

Appears in 3 contracts

Samples: Assignment Agreement (Pilgrims Pride Corp), Criteo S.A., Gold Fields LTD

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at 5.00 p.m. on the end earlier of the Utilisation Date and the last day of the Availability Period.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement (Mohegan Tribal Gaming Authority)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled in full at the end of the Availability Period.

Appears in 3 contracts

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Facility Agreement (InterXion Holding N.V.), Intercreditor Agreement (Nord Anglia Education, Inc.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised unutilized shall be immediately cancelled at the end of the Availability Period.

Appears in 3 contracts

Samples: Assignment Agreement (NORDIC AMERICAN TANKERS LTD), Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised (including any Commitments which have been the subject of a submitted Utilisation Request but in respect of which funds have not yet been advanced) shall be immediately cancelled at the end of the Availability Period.

Appears in 3 contracts

Samples: Facility Agreement (Encore Capital Group Inc), Assignment Agreement (Encore Capital Group Inc), Assignment Agreement (Encore Capital Group Inc)

Cancellation of Commitment. (a) The Commitments which, at that time, are unutilised Commitment shall be immediately cancelled at the end of the Availability Period.

Appears in 3 contracts

Samples: First Amendment Agreement (Aspen Insurance Holdings LTD), Multicurrency Letter of Credit Facility Agreement (Aspen Insurance Holdings LTD), Letter of Credit Facility Agreement (Tower Group International, Ltd.)

Cancellation of Commitment. The Commitments Any part of the Commitment which, at that time, are is unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Net 1 Ueps Technologies Inc), Agreement

Cancellation of Commitment. The unutilized amount of the Total Commitments which, at that time, are unutilised shall be immediately cancelled at the end expiry of the Availability Period.

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

Cancellation of Commitment. The Commitments Commitment which, at that time, are is unutilised shall be immediately cancelled at the end of the Availability PeriodPeriod for the Facility.

Appears in 2 contracts

Samples: Facility Agreement (Far East Energy Corp), Agreement (Century Aluminum Co)

Cancellation of Commitment. The Total Commitments which, at that time, are unutilised unutilized shall be immediately cancelled at the end of the Availability Period.

Appears in 2 contracts

Samples: Facility Agreement, ire.finanzas.gob.ec

Cancellation of Commitment. The Commitments Commitment which, at that time, are is unutilised shall be immediately cancelled at the earlier of the end of the Availability PeriodPeriod and the Utilisation Date (following the occurrence of the drawdown of the Loan).

Appears in 2 contracts

Samples: Facility Agreement (SK Ecoplant Co., Ltd.), Facility Agreement (SK Ecoplant Co., Ltd.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised amount of the Total Commitment shall be immediately cancelled at the end of the Availability Period.

Appears in 2 contracts

Samples: Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)

Cancellation of Commitment. The Commitments which, at that time, are Any unutilised Commitment shall be immediately cancelled at the end of the Availability Period.

Appears in 2 contracts

Samples: Facility Agreement (Gran Tierra Energy Inc.), Prepayment Agreement (GeoPark LTD)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.. Also, any part of the Commitments outstanding after the Utilisation shall be immediately cancelled. SECTION 4 REPAYMENT, PREPAYMENT AND CANCELLATION

Appears in 2 contracts

Samples: Term Loan Facilities Agreement (DHT Holdings, Inc.), October 2015 (DHT Holdings, Inc.)

Cancellation of Commitment. The Commitments which, at that time, are Any part of the commitment which is unutilised shall be immediately cancelled at the end of the Availability PeriodCommitment Period shall be immediately cancelled.

Appears in 2 contracts

Samples: Facility Agreement (Quartet Holdco Ltd.), Facility Agreement (Pangaea Logistics Solutions Ltd.)

Cancellation of Commitment. The Commitments Total Commitment which, at that time, are is unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 2 contracts

Samples: Export Financing Agreement (Sigma Lithium Corp), Facility Agreement (Beyond Air, Inc.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately automatically cancelled at the end of the Availability Period.

Appears in 2 contracts

Samples: Facility Agreement (Eksportfinans Asa), Facility Agreement (Eksportfinans Asa)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.. ​ ​

Appears in 1 contract

Samples: Facility Agreement (IHS Holding LTD)

Cancellation of Commitment. The Commitments portion of the Commitment which, at that time, are is unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Agreement (Klondex Mines LTD)

Cancellation of Commitment. The Commitments Commitment which, at that time, are unutilised is not utilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.cancelled:

Appears in 1 contract

Samples: Assignment Agreement (China Shandong Industries, Inc.)

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Cancellation of Commitment. The Commitments which, at that the time, are unutilised shall be immediately cancelled at the end of the Availability PeriodPeriod or on the date of the first Utilisation, whichever occurs earlier.

Appears in 1 contract

Samples: Intercreditor Agreement (Sappi LTD)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability PeriodPeriod or immediately after the Utilisation Date (if earlier).

Appears in 1 contract

Samples: Assignment Agreement (American Realty Capital Global Trust II, Inc.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.. 118798-4-1-v6.0 - 32 - 70-40539524

Appears in 1 contract

Samples: Agreement (Fx Energy Inc)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Drawdown Period.

Appears in 1 contract

Samples: Credit Facility Agreement (Foundation Medicine, Inc.)

Cancellation of Commitment. The Any Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability PeriodPeriod and the Total Commitments shall be updated in accordance with Clause 8.2(c).

Appears in 1 contract

Samples: Facility Agreement (Cobalt International Energy, Inc.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.. Also, any part of the Commitments outstanding after the Utilisation shall be immediately cancelled. Table of Contents

Appears in 1 contract

Samples: Agreement (DHT Holdings, Inc.)

Cancellation of Commitment. The Total Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability PeriodPeriod if undrawn. No amount of the Total Commitments cancelled under this Agreement may be subsequently reinstated.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Far East Energy Corp)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.Period for the Facility. Xxxxx Lovells

Appears in 1 contract

Samples: Facilities Agreement (Enstar Group LTD)

Cancellation of Commitment. The Commitments (a) Save to the extent notified or specified otherwise by the Lender, the Commitment which, at that time, are is unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Loan Agreement (Melco Crown Entertainment LTD)

Cancellation of Commitment. The Any part of the Total Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Eagle Bulk Shipping Inc.

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.. EXTENSION OPTION

Appears in 1 contract

Samples: Agreement (Bunge Global SA)

Cancellation of Commitment. The Commitments which, at that time, are Any part of the Commitment which is unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement (Fang Nengbin)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the earlier of (a) the end of the Availability PeriodPeriod and (b) the utilisation of the Facility on the Utilisation Date (whether or not the full Facility is utilised).

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

Cancellation of Commitment. (a) The Commitments which, at that time, are unutilised Available Commitment shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement (Tower Group International, Ltd.)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.. ​

Appears in 1 contract

Samples: Facility Agreement (IHS Holding LTD)

Cancellation of Commitment. The Facility Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement

Cancellation of Commitment. The Commitments Commitment which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement (Cordlife Group LTD)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.. SECTION 4 REPAYMENT, PREPAYMENT AND CANCELLATION

Appears in 1 contract

Samples: Facility Agreement

Cancellation of Commitment. The Commitments Each Available Commitment which, at that time, are is unutilised shall be immediately cancelled at the end of the its Availability Period.

Appears in 1 contract

Samples: Credit Facilities Agreement (Wanda Sports Group Co LTD)

Cancellation of Commitment. The Commitments which, at that timethe end of the Availability Period, are unutilised shall be immediately cancelled at the end of the Availability Periodsuch time.

Appears in 1 contract

Samples: Facility Agreement (McDermott International Inc)

Cancellation of Commitment. The Commitments which, at that time, are unutilised shall be immediately and automatically cancelled at the end of the Availability Period.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Markit Ltd.)

Cancellation of Commitment. The Commitments Commitment which, at that time, are is unutilised shall be immediately cancelled at the earlier of (i) immediately following the issuance of the Bank Guarantee and (ii) the end of the Availability Period.

Appears in 1 contract

Samples: Facility Agreement (UTAC Holdings Ltd.)

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