Availability Termination Date definition

Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.
Availability Termination Date the earlier of (i) the date that is the seventh anniversary of the Closing Date and (ii) the date on which the Administrative Agent delivers to the Servicer a notice of termination as a result of a Termination Event in accordance herewith (or the date on which such termination becomes effective automatically pursuant to Section 7).
Availability Termination Date means the first to occur of: (a) December 30, 2016 and (b) the date on which the Commitments are terminated or reduced to zero in accordance herewith.

Examples of Availability Termination Date in a sentence

  • The commitment of each Lender to lend to each Borrower hereunder shall automatically expire on the Availability Termination Date for such Borrower.

  • Subject to the terms of this Agreement, each Borrower may, severally and not jointly with the other Borrowers, borrow, repay and reborrow Revolving Loans at any time prior to the Availability Termination Date for such Borrower.

  • Subject to the terms of this Agreement, each Borrower may, severally and not jointly with the other Borrower, borrow, repay and reborrow Revolving Loans at any time prior to the Availability Termination Date for such Borrower.

  • Any Grant money disbursed to Grantee, or any interest earned by Grantee on the Grant money, that is not expended by Grantee in accordance with this Agreement by the earlier of the Availability Termination Date or the date this Agreement is terminated shall be returned to Grantor.

  • Recipient shall not proceed with any changes to scope, Key Milestone Dates, or Availability Termination Date before the execution of an amendment to this Agreement executed in response to ODOT’s approval of a Recipient’s request for change.


More Definitions of Availability Termination Date

Availability Termination Date means 13 May 2022, or such later date as the Borrowers and the Agent (acting on the instructions of all the Banks) shall agree.
Availability Termination Date means the date falling [**] (being the period stipulated in article 9, clause 2.1(i)(b) of the Building Contract) after [**].
Availability Termination Date means June 29, 2004.
Availability Termination Date means the day that is 364 days after the Effective Date.
Availability Termination Date means the earlier to occur of (a) December 31, 2014; and (b) the date on which the obligation of the Bank to issue LOCs hereunder terminates pursuant to Section 2.04 or 6.01.
Availability Termination Date means three (3) months prior to the Final Maturity Date or such later date as the Lender may in its discretion agree.
Availability Termination Date means the earliest of (i) the Outside Date, (ii) the Closing Date and (iii) the date on which the Commitments are terminated in full or reduced to zero pursuant to Section 2.8(a) or Section 2.12(b)(i) hereof.