Common use of Amounts and Periods Clause in Contracts

Amounts and Periods. The aggregate principal amount of the Tranche B Facilities which the Borrower may use during each of the following periods under the Availability Period relating to the Tranche B Facilities shall be subject to the following maximum amounts: (a) commencing on the Effective Date and ending at the end of the Business Day in Bangkok on 23 April 2001, up to an aggregate principal amount of US$2,000,000 (US$ two million); and (b) commencing on 24 April 2001 and ending at the end of the Business Day in Bangkok on 26 November 2001, up to an aggregate principal amount of US$2,000,000 (US$ two million). Any undrawn or unutilised amount of the Tranche B Facilities at the end of each of the periods set out in paragraphs (a) and (b) above shall automatically be cancelled without any cancellation fee.