Initial Availability Period definition

Initial Availability Period means the period from and including the Closing Date to but excluding the earliest of (a) the Initial Revolving Credit Maturity Date, (b) the date of termination of the Initial Revolving Credit Commitments pursuant to Section 2.06 and (c) the date of termination of the commitment of each Initial Revolving Credit Lender to make Initial Revolving Credit Loans and of the obligation of each L/C Issuer to make L/C Credit Extensions pursuant to Section 9.02.
Initial Availability Period means the period from and including the Closing Date to but excluding the earliest of
Initial Availability Period means the period from and including the Effective Date to the earliest of (a) the Maturity Date, (b) the Closing Date,

Examples of Initial Availability Period in a sentence

  • Exempt Refinancing The defined terms referred to in limb (c)(vi) should follow those contained in the Senior Funding Agreements – the Initial Availability Period being the construction phase drawdown period.

  • Each Delayed Draw Lender’s Delayed Draw Loan Commitment (other than any Upsize Delayed Draw Loan Commitment provided on the Amendment No. 1 Effective Date) expired on the last day of the Initial Availability Period after giving effect to any funding of such Delayed Draw Lender’s Delayed Draw Loan Commitment on such date.

  • Letter of Credit Fees shall be (a) computed on a quarterly basis in arrears and (b) due and payable on the last Business Day of each March, June, September and December, on the last day of the Initial Availability Period for the Canadian Letters of Credit, on the Letter of Credit Expiration Date for all other Letters of Credit, and thereafter on demand.

  • No amount prepaid pursuant to this clause 7.3 after the end of the Initial Availability Period shall be available for redrawing and the relevant amount set out in clause 4.1.1 shall be reduced by the amount cancelled.

  • If the Original Borrower has notified the Agent in writing not earlier than 45 Banking Days and not later than 30 Banking Days prior to the end of the Initial Availability Period that all or part of the Loan is to convert to a term loan, then the Borrowers shall not be obliged to repay any Advances whose Maturity Date is the last day of the Availability Period, but on such day such Advances shall be consolidated and converted into a term loan and shall instead be repaid on or before 31 March 2003.


More Definitions of Initial Availability Period

Initial Availability Period means the period from, and including, the Signing Date to, and including, the date falling two (2) Business Days following the Signing Date.
Initial Availability Period means the time between entry of the Interim Order and entry of the Final Order.
Initial Availability Period means the period from and including the Closing Date to but excluding the earliest of (a) the Initial Revolving Credit Maturity Date, (b) the date of termination of the Initial Revolving Credit Commitments pursuant to Section 2.06 and (c) the date of termination of the commitment of each Initial Revolving Credit Lender to make Initial Revolving Credit Loans and of the obligation of each L/C Issuer to make L/C Credit Extensions pursuant to Section 9.02 .
Initial Availability Period means [♦]11; "Initial Financial Model" is the financial model a summary of which is identified in Annexure 6;
Initial Availability Period means the period beginning on the Closing Date and ending on July 20, 2018.”
Initial Availability Period means the period from and including the Effective Date to the earliest of (a) the Maturity Date, (b) the Closing Date, (d) (c) the date of termination of the Aggregate Commitments pursuant to Section 2.06, and (d) the date of termination of the commitment of each Lender to make Loans and of the obligation of the L/C Issuers to make L/C Credit Extensions pursuant to Section 8.02. “Interest Payment Date” means, (a) as to any Loan other than a Base Rate Loan, Daily Simple SOFR Loan, (including a Swing Line Loan), the last Business Day of each March, June, September and December and the Maturity Date, (b) as to any Alternative Currency Daily Rate Loan, the last Business Day of each month and, the Maturity Date, and (c) as to any Term SOFR Loan or Alternative Currency Term Rate Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date; provided, however, that if any Interest Period for a Eurocurrency Rate Loan exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall also be Interest Payment Dates; (b) as to any Base Rate Loan (including a Swing Line Loan), the last Business Day of each March, June, September and December and the Maturity Date, (c) as to any Daily Simple SOFR Loan, the last Business Day of each March, June, September and December and the Maturity Date; (d) as to any Alternative Currency Daily Rate Loan, the last Business Day of each month and, the Maturity Date; and (e) as to any Alternative Currency Term Rate Loan, the last day of each Interest Period applicable to such Loan and, the Maturity Date; provided, however, that if any Interest Period forTerm SOFR Loan or an Alternative Currency Term Rate Loan exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall be Interest Payment Dates. “Interest Period” means, as to each Eurocurrency RateTerm SOFR Loan and Alternative Currency Term Rate Loan, the period commencing on the date such Eurocurrency RateTerm SOFR Loan or such Alternative Currency Term Rate Loan is disbursed or converted to or continued as a Eurocurrency RateTerm SOFR Loan or an Alternative Currency Term Rate Loan, as applicable, and ending on the date one, three or six months thereafter (in each case, subject to availability for the interest rate applicable to the relevant currency), as selected by the Company in its Committed Loan Notice or such other period that is twelvesi...
Initial Availability Period means the period from the Closing Date to the earliest of (a) the Initial Maturity Date, (b) for purposes of all Tranches, the date of termination of all the Aggregate Tranche Commitments pursuant to Section 8.2, (c) for purposes of any Tranche, the date of termination of the Aggregate Tranche Commitments for such Tranche pursuant to Section 8.2, and (d) the date of termination of the commitment of each Lender to make Loans and of the obligation of each L/C Issuer to make L/C Credit Extensions pursuant to Section 14.2.