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Common use of Cancellation of Total Commitments Clause in Contracts

Cancellation of Total Commitments. The Total Commitments shall be immediately cancelled at the end of the Availability Period.

Appears in 2 contracts

Sources: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)

Related Clauses

  • Reduction of Total Commitment
  • Cancellation of Commitment
  • Reduction of the Commitments
  • Termination and Reduction of Revolving Commitments
  • Termination or Reduction of Revolving Commitments

Parent Clauses

  • Facility
  • DISTRIBUTION OF INTEREST
  • Participation and Notification
  • Inferences regarding materiality
  • Drawdown

Sub-Clauses

  • Individual right of action
  • Proceedings requiring Majority Lender consent
  • Interests several
  • Obligations several
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