Funds Availability Date definition

Funds Availability Date means the date on which all conditions precedent set forth in Section 4.03 shall have been satisfied (or waived in accordance with Section 9.08).
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Funds Availability Date means the occurrence of (a) the earlier of 35 days from the Bank Meeting and the day on which LCPI notifies the Borrower that it has completed General Syndication and (b) the Effective Date.
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Funds Availability Date xxs the meaning specified in Section 3.01 of the Original Credit Agreement.
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Examples of Funds Availability Date in a sentence

  • This transmittal letter releases new TFM Volume I, Part 5, Chapter 6500: Voucher Date, Deposit Date, and Funds Availability Date.

  • On or prior to the Funds Availability Date, there shall have been delivered to the Arrangers true and correct copies of the Separation Documents, certified as such by a Responsible Officer of the Borrower.

  • CONTRACTOR: By: Corporate Seal Title: Dated: Town Department Contact: Approved as to Funds Availability Date: Deb Siefring, Interim Finance Director/Town Accountant Funding Source: Key Org: Account: Authorized Signatory; Approved As To Form and Process Jeremy Marsette, Town Administrator/C.P.O. Dated: EXHIBIT ADrawings, plans and project specifications.

  • Subject to Section 6.07(a), after the Funds Availability Date, the Borrower will use the proceeds of the Loans for the ongoing working capital requirements, the payment of fees and expenses related to the Transactions and general corporate purposes of the Borrower and the Subsidiaries.

  • Funds Availability Date: For grants made May 2017, funds are available in July 2017 unless the grant resolution states otherwise.

  • New Mexico Mortgage Finance Authority House by House Reservation Rehabilitation Program Notice of Funds Availability Date: June 20142015 The New Mexico Mortgage Finance Authority (“MFA”) has allocated a portion of the Federal HOME Investment Partnerships Program (”HOME”) funds administered by MFA for a House by House Reservation Program.

  • The words prior to clause (a) of Section 3.24 of the Credit Agreement are hereby amended and restated in their entirety to read "On the Funds Availability Date, and immediately after the consummation of each of the Reorganization and the Separation, and to the extent a Credit Event is being made, immediately following such Credit Event and the application of the proceeds therefrom,".

  • The Borrower shall cause a Responsible Officer to deliver a certificate to the Arrangers attaching true and correct copies of the Senior Note Documents and, if applicable, the Funds Availability Indebtedness Documents, as in effect on the Funds Availability Date.

  • Following the consummation of the Reorganization (including, for the avoidance of doubt, any Dividends to be made pursuant to or in connection with the Reorganization) on the Funds Availability Date, the Borrower and its Restricted Subsidiaries shall have Available Liquidity of at least $1,250,000,000.

  • Section 6.04 of the Credit Agreement is hereby amended by adding a new paragraph following clause (b) thereof to read as follows: Notwithstanding the foregoing, the Loan Parties shall be permitted to carry out the Separation Transactions on or after the Funds Availability Date in accordance with the Registration Statement and the Separation Documents.

Related to Funds Availability Date

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Availability Date means the day after the end of the fourth fiscal quarter following the fiscal quarter that includes such Effective Time on which the Company is required to file its Form 10-Q for such fiscal quarter except that, if such fourth fiscal quarter is the last quarter of the Company’s fiscal year, “Availability Date” means the day after the end of such fourth fiscal quarter on which the Company is required to file its Form 10-K.

  • Revolving 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.

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Average Availability means, with respect to any period, the sum of the aggregate amount of Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount, or (ii) the Maximum Revolving Advance Amount, minus the Maximum Undrawn Amount of all Letters of Credit, minus (b) the sum of (i) the outstanding amount of Revolving Advances, plus (ii) amounts due and owing to any Borrower’s trade creditors which are outstanding sixty (60) days or more past the due date thereof.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Revolving Loan Availability means at any time the lesser of (a) the Revolving Loan Commitment or (b) the Borrowing Base Amount.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Availability Block means $15,000,000.

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Scheduled Unavailability Date has the meaning specified in Section 3.03(c).

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.