Facility Availability Period means the eighteen month (18) period commencing on the date of this Amendment and ending on October , 2014.
Facility Availability Period means the period commencing on June 12, 2013 and ending on July 28, 2019 (or if such day is not a Business Day, the next succeeding Business Day). Notwithstanding anything herein to the contrary, at any time during the Facility Availability Period, Seller may request an extension of the Facility Availability Period which extension shall be in Buyer’s sole discretion and subject to the terms and conditions determined by Buyer in its sole discretion.
Facility Availability Period means the period commencing on the Facility Commencement Date and ending on the Facility Termination Date.
Examples of Facility Availability Period in a sentence
The Closing Date shall occur during the Fixed Facility Availability Period.
Lender agrees to make Fixed Advances to Borrower from time to time during the Fixed Facility Availability Period.
Subject to the terms, conditions and limitations of this Article, the Borrower shall have the right, at any time or from time to time during the Fixed Facility Availability Period, to increase the Fixed Facility Commitment, the Variable Facility Commitment, or both.
Lender agrees to make Variable Advances to Borrower from time to time during the Variable Facility Availability Period.
Subject to the terms, conditions and limitations set forth in this Article, the Lender agrees to make Fixed Facility Advances to the Borrower from time to time during the Fixed Facility Availability Period.
More Definitions of Facility Availability Period
Facility Availability Period means the period commencing on June 12, 2013 and ending on September 30, 2023 (or if such day is not a Business Day, the next succeeding Business Day). Notwithstanding anything herein to the contrary, at any time during the Facility Availability Period, Seller may request an extension of the Facility Availability Period which extension shall be in Buyer’s sole discretion and subject to terms and conditions determined by Buyer in its sole discretion.
Facility Availability Period means the period commencing on the date of this Agreement and ending on January 13, 2022 (or if such date is not a Business Day, the next succeeding Business Day).
Facility Availability Period means the period commencing on the date of this Agreement and ending on January 13, 2025 (or if such date is not a Business Day, the next succeeding Business Day).
Facility Availability Period means the two year period commencing on the date of this Agreement and ending on July 18, 2014.
Facility Availability Period means the Closing Date up to and including December 31, 2009.
Facility Availability Period means the thirty six (36) month period commencing on the date of this Agreement and ending on the third (3rd) anniversary of the date of this Agreement (i.e. June 12, 2016) (or if such day is not a Business Day, the next succeeding Business Day). Notwithstanding anything herein to the contrary, at any time during the Facility Availability Period, Seller may request an extension of the Facility Availability Period which extension shall be in Buyer’s sole discretion and subject to terms and conditions determined by Buyer in its sole discretion.
Facility Availability Period means the twenty-four month (24) period commencing on the date of this Amendment and ending on October 14, 2018. “Fee Agreement” shall mean that certain Fee Letter (Second Amendment), dated as of October 14, 2016. “Pricing Matrix” shall mean the matrix attached to the Fee Agreement which shall be used to determine the Applicable Spread for each Purchased Loan. The Applicable Spread for each Purchased Loan shall equal the number of basis points set forth under the column heading “Applicable Spread (bps)” which corresponds to the applicable Debt Yield (Purchase Price) for such Purchased Loan as of the Purchase Date. “Purchase Price Percentage” shall mean, with respect to each Purchased Loan, the percentage determined on the related Purchase Date for such Purchased Loan (but not in excess of the maximum set forth in the Pricing Matrix) and set forth in the related Confirmation equal to the quotient obtained by dividing the Purchase Price for such Purchased Loan by the Market Value of such Purchase Loan as of such date. “Required Liquidity Amount” shall mean an amount equal to the sum of: (a) for any Purchased Loans subject to Transactions as of the date of this Amendment, the amount set forth in the right hand column below determined based upon the aggregate outstanding Purchase Price of such Purchased Loans from time to time set forth in the left hand column below: Outstanding Purchase Prices ($MM) Required Liquidity Amount ($MM) Up to 22.5 3.75 22.5 to 35 6.25 35 to 50 7.50 50 to 65 9.25 65 to 70 12.00 70 to 85 13.50 85 to 100 15.00 plus, (b) for any Purchased Loans transferred by Seller to Buyer pursuant to Transactions entered into after the date of this Amendment, the amount set forth in the right hand column below determined based upon the aggregate outstanding Purchase Price of such Purchased Loans from time to time set forth in the left hand column below: Outstanding Purchase Prices ($MM) Required Liquidity Amount ($MM) >22.5-35 4.17 >35-50 5.00 >50-65 6.17 >65-70 8.00 >70-85 9.00 >85-100 10.01 >100-115 11.67 >115-135 13.34 >135-150 15.01