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.
The Term Loan B Commitment shall be permanently terminated on the earlier of the Initial Funding Date (after the making of the Term Loan B) and the Term Loan B Availability Expiration Date.
The Allocation of such Eligible Assignee shall become effective, and such Eligible Assignee shall become a Designated Lender hereunder, on the Availability Expiration Date then in effect for the Lenders who have, or have been deemed to have, elected not to extend the Availability Period (and any Remaining Lender shall remain a Lender and any new Allocation and Loan assigned to it under this clause (b) shall become effective on such 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.
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.
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.
Any Equipment Advances that are outstanding on the Availability Expiration Date will be payable in thirty (30) equal monthly installments of principal plus all accrued interest thereon, beginning on the Payment Date of each month following the Availability Expiration Date and ending on the Maturity Date.
The Initial Funding Date shall have occurred on or before the Term Loan B Availability Expiration Date.
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.