Common use of Mandatory cancellation Clause in Contracts

Mandatory cancellation. All Available Commitments under a Facility shall automatically be cancelled at the end of the Availability Period in respect of that Facility.

Appears in 4 contracts

Sources: Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC)

Mandatory cancellation. All Available Commitments under a Facility (and under any Tranche of a Facility) shall automatically be cancelled at the end of the Availability Period in respect of that Facility.

Appears in 1 contract

Sources: Multicurrency Facilities Agreement (Pernod Ricard S a /Fi)

Mandatory cancellation. All Available Commitments under a the Facility shall automatically be cancelled at the end of the Availability Period in respect of that the Facility.

Appears in 1 contract

Sources: Senior Facilities Agreement (Luxfer Holdings PLC)

Mandatory cancellation. All Available Commitments under a Facility shall automatically be cancelled at the end of the Availability Period in respect of that FacilityPeriod.

Appears in 1 contract

Sources: Term Facilities Agreement (Sanofi-Aventis)