Availability Period definition

Availability Period means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date of termination of the Commitments.
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Availability Period means the period from and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of termination of the Aggregate Commitments pursuant to Section 2.06, and (c) the date of termination of the commitment of each Lender to make Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02.
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Availability Period means the period from the Closing Date to but excluding the Revolving Commitment Termination Date.
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Examples of Availability Period in a sentence

  • Subject to the terms and conditions set forth herein, each Lender agrees to (i) make revolving credit loans denominated in Dollars (the “Revolving Loans”) from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such L▇▇▇▇▇’s Credit Exposure exceeding such L▇▇▇▇▇’s Commitment, or (b) the sum of the total Credit Exposures exceeding the total Commitments.

  • The aggregate Commitments shall be automatically and permanently reduced to zero ($0) on the expiration of the Availability Period.

  • The minimum utilization fee shall accrue at all times from and after the Closing Date and shall be due and payable quarterly in arrears on the first (1st) Business Day after the end of each March, June, September and December, commencing on March 1, 2026, and ending on the last day of the Availability Period.

  • The Commitments which, at that time, are unutilised shall be immediately cancelled by 11h00 on the last day of the Availability Period.

  • Subject to the terms and conditions of this Agreement, including without limitation the conditions precedent set forth in Article 3, the Lenders agree to make two advances of the Loan (each, an “ Advance”) during the Availability Period to the BorrowerBorrowers in the aggregate amount of the Total Commitment.


More Definitions of Availability Period

Availability Period means in respect of the Revolving Credit Facility, the period from and including the Closing Date to the earliest of (i) the Maturity Date for the Revolving Credit Facility, (ii) the date of termination of the Revolving Credit Commitments pursuant to Section 2.06, and (iii) the date of termination of the commitment of each Revolving Credit Lender to make Revolving Credit Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02.
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Availability Period means the period from and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of termination of the Aggregate Commitments pursuant to Section 2.06, and (c) the date of termination of the commitment of each Lender to make Loans pursuant to Section 8.02.
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Availability Period means the period commencing on the date of this Agreement and ending on:
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Availability Period means the period commencing on the Closing Date and ending on the Maturity Date.
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Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.
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Availability Period means the period from and including the Effective Date to the earliest of (i) the Commitment Termination Date, (ii) the date of termination of the Aggregate Commitments pursuant to Section 2.04 and (iii) the date of termination of the commitment of each Lender pursuant to Section 8.02.
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Availability Period means the period from and including the date of this Agreement to and including the Termination Date.
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