Availability Period Extension. On or before the expiration of the Initial Availability Period for the Part 1 Commitment Amount, but no earlier than ninety (90) days prior to the expiration of the Initial Availability Period, You may request in writing an extension of the Initial Availability Period for the Part 1 Commitment Amount for a period of up to an additional twelve (12) months (“Availability Period Extension”) conditioned upon: (a) confirmation reasonably satisfactory to Us that You have completed the Availability Period Extension Milestone, (b) no Default or Event of Default has occurred and is continuing and (c) receipt of the Availability Period Extension Fee; provided, that upon Your request, We may approve, in Our sole discretion, such extension in the absence of Your completion of the Availability Period Extension Milestone. In no event shall the aggregate Availability Period exceed thirty (30) months from the Closing Date, unless agreed to in writing by the Parties.
Appears in 5 contracts
Samples: Loan and Security Agreement (Tintri, Inc.), Loan and Security Agreement (Tintri, Inc.), Loan and Security Agreement (Tintri, Inc.)
