Additional Availability Period definition

Additional Availability Period means the period beginning on the date of the Fifteenth Amendment and ending on the close of business on December 1, 2016.

Additional Availability Period means the period commencing on the Closing Date and ending on June 1, 2008, or such earlier date as the Additional Availability Amount shall be reduced to zero; provided, however, that, for purposes of Sections 5.2(k), 7.9(b), 7.10(i), 7.10(iii), 7.13(c), 7.13(g), 7.13(h), 7.22, 7.23, clause (vi) of the definition of Acquisition Loan Conditions, clause (ii) of the definition of Fixed Charges and clause (v) of the definition of Securities Repurchase Loan Conditions, “Additional Availability Period” means the period commencing on the Closing Date and ending on the later of (i) the earlier of June 1, 2008 and such earlier date as the Additional Availability Amount shall be reduced to zero and (ii) the first date thereafter that the Aggregate Revolver Outstandings do not exceed the lesser of the Borrowing Base or the Maximum Revolver Amount.

Additional Availability Period set forth in Section 18.1 of the Agreement is amended and restated as follows:

Examples of Additional Availability Period in a sentence

• In further clarification of the foregoing, upon the expiration of the Additional Availability Period, the Inventory Advance Rate will be 25%.

• During the Additional Availability Period, the Inventory Advance Rate set forth in Subsection 2.1(a)(ii) of the Loan Agreement will be increased to 35%, reverting back to 25% immediately upon the expiration of such Additional Availability Period.

• The Borrowers agree to pay to the Administrative Agent, for the pro rata account of the Lenders in accordance with each such Lender’s Commitment Percentage, a nonrefundable fee (the “Non-Usage Fee”), during the Committed Additional Availability Period, equal to [***] per annum of the average daily unadvanced amount of the Committed Additional Availability.

• That portion of the outstanding principal balance of the Revolving Loan subject to this option shall bear interest at a fixed rate per annum equal to (A) if the Second Additional Availability Period has not ended, the LIBOR Rate applicable to such LIBOR Rate Portion plus three and three-quarters percent (3.75%) and (B) the LIBOR Rate applicable to such LIBOR Rate Portion plus two and three- quarters percent (2.75%) at all other times.

• The Borrowers shall make periodic amortization payments in respect of the principal balance of the Loan that is outstanding on the last day of the Committed Additional Availability Period in accordance with this Section 2.4(a).

More Definitions of Additional Availability Period

Additional Availability Period means the period commencing on November 13, 1997 and ending on the earliest of (A) May 15, 1998, (B) the date a Qualified Private Placement is consummated, (C) the date a Qualified Xxxxxxxx Bros. Sale is consummated, and (D) the date Borrower notifies Lender in writing of its desire to terminate the Additional Availability Period.

Additional Availability Period means the 120 day period commencing on November 13, 1997 and ending on the earliest of (A) Xxxxx 00, 0000, (X) the date a Qualified Private Placement is consummated and (C) the date Borrower notifies Lender in writing of its desire to terminate the Additional Availability Period.

Additional Availability Period means the period from October 1, 1998 through December 31, 1998 and, thereafter, the period, if any, (a) commencing on the fourth Business Day after the delivery to the Lender of the certificate referred to in Section 8.2(c) relating to the Interest Coverage Ratio which shows an Interest Coverage Ratio of greater than 2.5 to 1.0 for the period ending on the last day of the third fiscal quarter of 1998; and 2.5 to1.0 for any subsequent fiscal quarter period; and (b) ending on the earlier of (i) the occurrence of an Event of Default, (ii) the subsequent delivery to the Lender of the certificate referred to in Section 8.2 (c) relating to the Interest Coverage Ratio which shows an Interest Coverage Ratio of less than or equal to 2.5 to 1 .0, or (iii) the subsequent failure of the Borrowers to deliver to Lender the certificate referred to in Section 8.2(c) relating to the Interest Coverage Ratio within the time required under such Section 8.2(c). At the end of any Additional Availability Period, any Additional Availability Loan outstanding shall be immediately repaid by the applicable Borrower. No Additional Availability Period shall commence during the continuance of an Event of Default. "

Additional Availability Period means the period, if any, (a) commencing on the fourth Business Day after the delivery to the Lender of the certificate referred to in Section 8.2(c) relating to the Interest Coverage Ratio which shows an Interest Coverage Ratio of greater than 1.5 to 1.0 for the period ending on the last day of the second fiscal quarter of 1998; 1.85 to 1.0 for the period ending on the last day of the third fiscal quarter of 1998; 2.0 to 1.0 for the period ending on the last day of the fourth fiscal quarter of 1998; 2.25 to 1.0 for the period ending on the last day of the first fiscal quarter of 1999; and 2.5 to 1.0 for any subsequent period; and (b) ending on the earlier of (i) the occurrence of an Event of Default, (ii) the subsequent delivery to the Lender of the certificate referred to in Section 8.2 (c) relating to the Interest Coverage Ratio which shows an Interest Coverage Ratio of less than or equal to the ratios set forth in clause (a) for the periods specified therein, or (iii) the subsequent failure of the Borrowers to deliver to Lender the certificate referred to in Section 8.2(c) relating to the Interest Coverage Ratio within the time required under such Section 8.2(c). At the end of any Additional Availability Period, any Additional Availability Loans outstanding shall be immediately repaid by the applicable Borrower. No Additional Availability Period shall commence during the continuance of an Event of Default.

Additional Availability Period means the period from and including the First Amendment Effective Date to April 12, 2024.

Additional Availability Period means from the Closing Date through the date that is 90 days following the Closing Date.

Additional Availability Period means that period commencing on and including the date that is fifteen (15) days after the expiration of the Third Availability Period and ending on the earliest of (i) the date on which no Notes remain outstanding, (ii) the Additional Delayed Draw Note Closing Date, and (iii) August 14, 2021 (which date shall be extended by up to thirty (30) days in order to provide sufficient time for closing if Issuer delivers the Notice of Issuance of the Additional Delayed Draw Notes between July 15, 2021 and August 14, 2021.