Examples of Revolving Facility Commitment Termination Date in a sentence
Unless previously terminated, the Revolving Commitments shall terminate on the Revolving Facility Commitment Termination Date.
Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date twelve months after the date of the issuance of such Letter of Credit and (ii) the date that is five Business Days prior to the Revolving Facility Commitment Termination Date; provided, that a Letter of Credit may provide for the automatic renewal thereof for additional one-year periods (but shall in no event extend beyond the date referred to in clause (ii) above).
Accrued commitment fees shall be payable within one Business Day after each Quarterly Date and on the earlier of the date the Commitments of the respective Class terminate and the Revolving Facility Commitment Termination Date, commencing on the first such date to occur after the Effective Date.
The Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee, which shall accrue for the period beginning on the Effective Date to but excluding the earlier of the date such Commitment terminates and the Revolving Facility Commitment Termination Date, at a rate equal to 0.50% per annum on the average daily unused amount of the Dollar Revolving Commitment and Multicurrency Revolving Commitment, as applicable.
Letters of Credit must expire on the earlier of (i) one year from the date of issuance (subject, in certain cases, to customary "evergreen" provisions) and (ii) the Working Capital Revolving Facility Commitment Termination Date.
Commitment Amount: Revolving Facility Pursuant to the Revolving Facility, (i) loans Description: ("Revolving Loans") may be borrowed, prepaid and re-borrowed by the Borrower, and (ii) letters of credit ("Letters of Credit") may be issued, reimbursed and reissued on behalf of the Borrower and its subsidiaries, in each case from time to time prior to the Revolving Facility Commitment Termination Date (as set forth below).
Working Capital Pursuant to the Working Capital Revolving Facility Revolving Facility (i) Revolving Loans may be borrowed, prepaid and and Swing Line reborrowed by the Borrower and (ii) letters of credit Facility: ("Letters of Credit") may be issued, reimbursed and re-issued on behalf of the Borrower and its subsidiaries, in each case from time to time prior to the Working Capital Revolving Facility Commitment Termination Date (as set forth below).
Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date twelve months after the date of the issuance of such Letter of Credit and (ii) the date that is five Business Days prior to the applicable Revolving Facility Commitment Termination Date; provided, that a Letter of Credit may provide for the automatic renewal thereof for additional one-year periods (but shall in no event extend beyond the date referred to in clause (ii) above).
Revolving Facility Commitment Termination Date: Letter of Credit Outstanding Letters of Credit and related Sub-Facility reimbursement obligations may not exceed an amount Availability: to be mutually agreed upon.
Revolving Facility: Pursuant to the Revolving Facility (i) Revolving Loans may be borrowed, prepaid and reborrowed by the Borrower, and (ii) letters of credit ("Letters of Credit") may be issued, reimbursed and re-issued for the account of the Borrower and its subsidiaries, in each case from time to time prior to the Revolving Facility Commitment Termination Date (as set forth below).