Examples of Facility Availability Period in a sentence
Commencing on the First Repayment Date the aggregate outstanding principal amount shall be determined as the maximum aggregate outstanding principal amount from time to time outstanding during the relevant quarterly period, as set forth on the Repayment Schedule attached hereto, as such Repayment Schedule may be revised with the consent of the Guarantor at the termination of the IDA Facility Availability Period.
Subject to and upon the terms and conditions contained herein, Canadian Lender agrees to, during the Revolving Facility Availability Period, make Revolving Loans to each Canadian Borrower from time to time in amounts requested by each such Canadian Borrower up to the aggregate amount for all Canadian Borrowers equal to the lesser of (i) the Canadian Borrowing Base or (ii) the Canadian Lender’s Revolving Loan Commitment.
For the Credit Facility provided in Tranches, the Tranche not utilised in its provision period as set out in the Credit Facility Agreement cannot be utilised after the lapse of the said period, however the Bank may, upon the Customer’s request, change the Tranche provision date during the Credit Facility Availability Period.
The Additional Facility Availability Period for Facility AO shall be the period from and including the Effective Date up to and including the date falling 45 Business Days after the Effective Date.
Subject to and upon the terms and conditions contained herein, each of the US Revolving Lenders severally, but not jointly, agrees to, during the Revolving Facility Availability Period, make Revolving Loans to US Borrowers from time to time in amounts requested by US Borrowers up to the amount equal to the lesser of such US Revolving Lender’s (i) Pro Rata Share of the US Borrowing Base or (ii) such US Revolving Lender’s Revolving Loan Commitment.