Examples of Availability Expiration Date in a sentence
Such fee for each Letter of Credit shall be due and payable on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, and on the Letter of Credit Availability Expiration Date.
Lender agrees to make a term loan to the Company in a principal amount not to exceed the Term Loan Amount set forth in the Term Note (the “Term Loan”) upon the request of the Company made in accordance with the terms of the Term Note and this Agreement; provided, however, that the Term Loan shall be made in a single advance on or before the Term Loan Availability Expiration Date.
From the Closing Date through the ------------------------ Term Loan Availability Expiration Date, Borrower shall pay Administrative Agent, for the benefit of all Lenders (based upon their respective Pro Rata Shares of the Term Loan Commitment), a fee in an amount equal to (i) the Term Loan Commitment less the average daily ---- outstanding balance of Term Loans during the preceding calendar quarter multiplied by (ii) the Applicable Commitment Fee Percentage.
At any time after the Availability Expiration Date, the Agent may resign by giving thirty (30) days’ prior written notice thereof to each Lender and the Borrower, such resignation to be effective only upon acceptance of its appointment of a successor Agent as provided herein.
Such fee is to paid ---------- -- quarterly in arrears on the last day of each calendar quarter for such calendar quarter (or a portion thereof) with the final such payment due on the Term Loan Availability Expiration Date.
Unless prohibited by Applicable Law and subject to the following sentence, Credit Suisse shall remain as Agent at least until the Availability Expiration Date.
On the Full Availability Expiration Date, the Aggregate Commitments shall be automatically reduced by $1,250,000,000, which reduction shall be allocated to reduce each Lender’s Commitment ratably in accordance with the Lenders’ respective Commitments; provided that for the avoidance of doubt, no such reduction shall reduce or otherwise affect the Interim Availability.
Each Lender, severally and not jointly, agrees to ---------- lend to Borrower, during the period commencing on the date all conditions precedent set forth in Subsections 7.1 and 7.2 are satisfied or waived as provided herein and ending on the Term Loan Availability Expiration Date, its Pro Rata Share of each Term Loan; provided that the aggregate principal amount -------- of all Term Loans advanced may not exceed the Available Term Loan Commitment.
The commitments of IQ set forth in this Commitment Letter will terminate on the earlier of (i) October 31, 2021 (the Availability Expiration Date), and (ii) the termination of the Arrangement Agreement in accordance with the terms thereof.You may also terminate our commitments herein at any time by written notice.
If (i) a Servicer Replacement Event shall have occurred or (ii) an Amortization Event described in clause (a) or (b) of the definition thereof shall have occurred, then the Availability Period shall immediately end and the Availability Expiration Date shall have occurred.