Last Availability Date definition
Examples of Last Availability Date in a sentence
Any part of the Total Commitments which has not become available by the Last Availability Date shall be automatically cancelled at close of business in London on the Last Availability Date.
Any amount of the Total Commitments in respect of the LC Facility not utilised by the Last Availability Date applicable to the LC Facility shall automatically be cancelled at close of business in Singapore on such date.
The Available Commitments of a Facility or Tranche which have not been utilised by the Last Availability Date applicable to such Facility or Tranche shall be automatically cancelled at 17:00 on such Last Availability Date.
Any part of the Total Commitments which has not been drawn upon by the relevant Last Availability Date shall be automatically cancelled at close of business in New York on such Last Availability Date and the Total Commitments shall be reduced accordingly.
Any part of the Total Commitments which has not become available by, or which is undrawn on, the Last Availability Date applicable to it shall be automatically cancelled at close of business in London on the Last Availability Date applicable to it.