Examples of Full Availability Date in a sentence
Notwithstanding anything to the contrary, unless the Administrative Agent and the Borrower shall otherwise agree, the initial Interest Period of any Initial Allocation Date Loan or Final Order Loan that is a Eurodollar Loan (if any) shall commence on the Initial Allocation Date or the Full Availability Date, as applicable, and shall end on the last day of the then-current Interest Period for the Interim Order Loan or Initial Loan, respectively, that is a Eurodollar Loan then outstanding (if any).
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).
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).
Subject to the terms of this Section 5.2 and Section 4 of Annex B-1 to this Amended Agreement, from and after the Full Availability Date, MSN agrees to purchase (or designate other Persons to purchase) from StarBand, and StarBand agrees to sell to MSN, USB-CPE in accordance with the terms of this Amended Agreement.
The Borrower agrees to pay to the Administrative Agent for the account of each Lender (other than a Defaulting Lender) an unused commitment payment for the period from and including the Closing Date (after giving effect to the Borrowing of Loans on the Closing Date) to (but excluding) the Full Availability Date, computed at the Unused Payment Rate on the average daily unused Commitment of such Lender during such period, payable on the Full Availability Date and each Interest Payment Date thereafter.