Cancellation of Commitment. The Total Commitments shall be cancelled on the earlier of (i) the Drawdown Date of the final Tranche to be advanced and (ii) the end of the Availability Period of the final Tranche to be advanced, to the extent that it is unutilised at that time.
Appears in 3 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Scorpio Tankers Inc.
Cancellation of Commitment. The Total Commitments Commitment shall be cancelled on the earlier of (i) the Drawdown Date of the final Tranche to be advanced and (ii) the end of the Availability Period of the final Tranche to be advancedPeriod, to the extent that it is unutilised at that time.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc.
