Cancellation of Commitments. The Commitments in respect of any Tranche which are unutilised at the end of the Availability Period for such Tranche shall then be cancelled.
Appears in 16 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Star Bulk Carriers Corp.)
Cancellation of Commitments. The Commitments in respect of any Tranche which are unutilised at the end of the Availability Period for such Tranche shall then be cancelled.
Appears in 3 contracts
Samples: Facility Agreement (United Maritime Corp), Assignment Agreement (Seanergy Maritime Holdings Corp.), Assignment Agreement (United Maritime Corp)
Cancellation of Commitments. The Commitments in respect of any Tranche which are unutilised not utilised at the end of the Availability Period for such Tranche shall then be cancelled.
Appears in 2 contracts
Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)
Cancellation of Commitments. The Commitments in respect of any Tranche which are unutilised unutilized after an Advance has been made with respect thereto or at the end of the Availability Period for such Tranche shall then be cancelled.
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Cancellation of Commitments. The Commitments in respect of any a Tranche which are unutilised (a) at the end of the Availability Period of that Tranche or (b) on the Drawdown Date for the Advance under such Tranche shall then be cancelled.
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Cancellation of Commitments. The Commitments in respect of any Original Tranche which are unutilised at the end of the Availability Period for such Tranche shall then be cancelled.
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Cancellation of Commitments. The Commitments in respect of any Tranche which are unutilised at the end of the relevant Availability Period for such Tranche shall then be cancelled.
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Cancellation of Commitments. The Commitments in respect of any Tranche which are unutilised not utilised at the end of the Availability Period for such Tranche shall then be cancelledcancelled without any further act or omission on the part of the Lenders.
Appears in 1 contract
Samples: Agreement (Global Ship Lease, Inc.)
Cancellation of Commitments. The Commitments in respect of any Tranche which are unutilised at following the end of the Availability Period for such Tranche Utilisation Date shall then be cancelled.
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