Revolving Availability Termination Date definition

Revolving Availability Termination Date means November 8, 2024 (or if such date is not a Business Day with respect to Eurodollar Loans, the next preceding day that is a Business Day with respect to Eurodollar Loans).
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Revolving Availability Termination Date means the earlier of (a) the date on which the Lender gives the Borrower Agent notice that the Lender will no longer make Loans, issue Letters of Credit or extend outstanding Letters of Credit and (b) the occurrence of an Event of Default that is not waived by Lender.
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Revolving Availability Termination Date set forth in Section 1.01 of the Loan Agreement is hereby amended by deleting the words “August 6, 2020” and inserting the words “August 5, 2021” in their stead.
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Examples of Revolving Availability Termination Date in a sentence

  • If not sooner paid, the outstanding principal balance under this Agreement shall be due and payable in full on the Revolving Availability Termination Date.

  • If any Letter of Credit remains outstanding after the Revolving Availability Termination Date, the Borrowers shall either (i) Cash Collateralize the outstanding amount of such Letter of Credit, or (ii) if the Lender agrees in its sole discretion, provide back-to-back letters of credit from a financial institution reasonably acceptable to Lender, in either case, within five Business Days after the Revolving Availability Termination Date.

  • Unless previously terminated, the Commitment will terminate on the Revolving Availability Termination Date.

  • Each prepayment pursuant to this Section 2.4 (other than pursuant to Section 2.4(b)(ii)) shall be applied to Advances first, to the Term Advance, until paid in full and second, to the Revolving Advances (with a corresponding permanent reduction in the Revolving Commitments if such prepayment is made prior to the Revolving Availability Termination Date), until paid in full.

  • In addition, the Total Revolving Commitment shall be permanently reduced by the amount of each prepayment of Revolving Advances required to be made pursuant to this Section 2.4 , ( with a corresponding permanent reductions to the Commitments reduction in the Revolving Commitments if such prepayment is made prior to the Revolving Availability Termination Date) .

  • Each prepayment pursuant to this Section 2.4 (other than pursuant to Section 2.4(b)(ii)) shall be applied to Advancesfirst, to the Term Advance, until paid in full and second, to the Revolving Advances (with a corresponding permanent reduction in the Revolving Commitments if such prepayment is made prior to the Revolving Availability Termination Date), until paid in full.

  • Any principal amount of the Revolving Advances which is repaid or prepaid on or after the Revolving Availability Termination Date may not be reborrowed.

  • The Total Revolving Commitment shall terminate at 12:00 a.m. (New York City time) on the Revolving Availability Termination Date.

  • In addition, the Total Revolving Commitment shall be permanently reduced by the amount of each prepayment of Revolving Advances required to be made pursuant to this Section 2.4, (with a corresponding permanent reductions to the Commitmentsreduction in the Revolving Commitments if such prepayment is made prior to the Revolving Availability Termination Date).

  • Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth, each Revolving Lender severally agrees to make Revolving Advances, at any time prior to the Revolving Availability Termination Date, in an aggregate principal amount at any time outstanding not exceeding such Lender’s Revolving Commitment.


More Definitions of Revolving Availability Termination Date

Revolving Availability Termination Date means the earliest to occur of (i) August 16, 2019, (ii) the date on which the Syndicated Credit Agreement is terminated, and (iii) the date on which the Lender ceases to be a “Lender” under the Syndicated Credit Agreement.
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Revolving Availability Termination Date is December 31, 2018.
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Revolving Availability Termination Date means February 27, 2007 (or if such date is not a Business Day with respect to Eurodollar Loans, the next preceding day that is a Business Day with respect to Eurodollar Loans).
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Revolving Availability Termination Date means July 7, 2026 (or if such date is not a Business Day with respect to SOFR Loans, the next preceding day that is a Business Day with respect to SOFR Loans).
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Related to Revolving Availability Termination Date

  • Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • 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 Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Revolving Commitment Termination Date means the earliest to occur of (i) the fifth anniversary of the Closing Date, (ii) the date the Revolving Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, and (iii) the date of the termination of the Revolving Commitments pursuant to Section 8.1.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Swingline Termination Date means the date which is 7 Business Days prior to the Termination Date.

  • Revolving Loan Commitment Termination Date means the earliest of

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

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Revolving Termination Date means the earlier to occur of:

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • 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.

  • 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.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Letter of Credit Termination Date means the fifth Domestic Business Day prior to the Termination Date.

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

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

  • Scheduled Commitment Termination Date means March 21, 2023March 28, 2022.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.