Common use of Commitment Period Clause in Contracts

Commitment Period. The Borrower may borrow a Loan during the Commitment Period if the Agent receives, not later than 5 Business Days before the proposed Drawdown Date, a duly completed Request. The undrawn amount (if any) of the Total Commitments shall automatically be cancelled at close of business in London on the Term Date.

Appears in 2 contracts

Sources: Credit Facility Agreement (Lg Electronics Inc), Credit Facility Agreement (Lg Electronics Inc)

Commitment Period. The Borrower may borrow a the Loan during the Commitment Period if the Agent receives, not later than 5 11.00 a.m. (London time) three Business Days before the proposed Drawdown Date, a duly completed Request. The undrawn amount (if any) of the Total Commitments shall automatically be cancelled at close of business in London on the Term DateRequest is irrevocable.

Appears in 2 contracts

Sources: Senior Facility Agreement, Senior Facility Agreement (Century Aluminum Co)

Commitment Period. The Borrower may borrow a Revolving Loan during the Commitment Period if the Facility Agent receives, not later than 5 10.00 a.m. on the Business Days Day before the proposed Drawdown Date, Date a duly completed Request. The undrawn amount (if any) of the Total Commitments shall automatically be cancelled at close of business in London on the Term DateEach Request is irrevocable.

Appears in 1 contract

Sources: Credit Facility Agreement (Yorkshire Power Group LTD)

Commitment Period. The A Borrower may borrow a Loan during the Commitment Period if the Agent receives, not later than 5 10.00 a.m. (London time in the case of a Loan in Dollars, Swiss Francs or Yen) two Business Days before the proposed Drawdown Date, a duly completed Request. The undrawn amount (if any) of the Total Commitments shall automatically be cancelled at close of business in London on the Term DateEach Request is irrevocable.

Appears in 1 contract

Sources: Multicurrency Revolving Credit Facility (Cousin Acquisition Inc)