Examples of Full Availability Date in a sentence
The Commitments shall be reduced dollar-for-dollar immediately after the funding of any Loans pursuant to Section 2.01, and any unused Commitments shall be reduced to zero and terminated on the Full Availability Date (immediately after the funding of the Final Order Loan on such date).
Accrued commitment fees shall be payable in arrears on the last day of March, June, September and December of each year and on the date on which the Tranche A Commitments terminate, commencing on the first such date to occur after the Tranche A Full Availability Date.
In addition, the Borrower agrees to pay to the Administrative Agent for the account of each Term Lender a commitment fee, which shall accrue during the period from the Effective Date to the Full Availability Date at an annual rate of 0.150% on the unutilized amount of the Term Commitments, and shall be payable on the Full Availability Date or on such earlier date as the Term Commitments shall terminate pursuant to Section 2.07(a)(i).
The ------------------------------------------- Borrower will not permit the ratio of Total Indebtedness to Total Capitalization as of the last day of any fiscal quarter ending after the Tranche A Full Availability Date to be more than .75 to 1.00.
The Borrower agrees that it shall deliver to each of the Lenders and the Agents the Steex Xxxstruction Contract, duly executed and in a form reasonably satisfactory to the Administrative Agent and the Independent Engineer on the first to occur of (i) the Full Availability Date or (ii) November 30, 1996.