Common use of the Termination Date Clause in Contracts

the Termination Date. Without prejudice to any other provisions of this Agreement, the Commitments shall in any event be reduced to zero on the Termination Date and no Advances shall be made to the Borrowers or Bank Guarantees issued or extended under this Agreement thereafter.

Appears in 2 contracts

Sources: Loan Agreement (Stena Ab), Loan Agreement (Stena Ab)

the Termination Date. Without prejudice to any other provisions of this Agreement, the Commitments shall in any event be reduced to zero on the Termination Date and no Advances shall be made to the Borrowers or Bank Guarantees issued or extended Borrower under this Agreement thereafter.

Appears in 1 contract

Sources: Facility Agreement (Stena Ab)

the Termination Date. Without prejudice to any other provisions of this Agreement, the Commitments shall in any event be reduced to zero on the Termination Date and no Advances shall be made to the Borrowers Borrower or Bank Guarantees issued or extended under this Agreement thereafter.

Appears in 1 contract

Sources: Facility Agreement (Stena Ab)