Term Availability Period definition

Term Availability Period means the period from and including the Restatement Effective Date to but excluding the earlier of (a) the date the Term Commitments are terminated and (b) the Term Commitment Termination Date.

Term Availability Period means the period from and including the Closing Date to the earlier of (a) February 28, 2023 and (b) the date of termination of the commitment of each Term Lender to make Term Loans pursuant to Section 2.06 or Section 8.01.

Term Availability Period means in respect of each Term Facility the period from and including the Closing Date to the earliest of (a) the later of (x) 5:00 p.m. on the date that falls six (6) months after the Closing Date and (y) in the event that a Loan Notice has been timely delivered with respect to any Three-Year Term Loan Borrowing and/or Two-Year Term Loan Borrowing on or before the date that falls six (6) months after the Closing Date, immediately following the funding of such Three-Year Term Loan Borrowing and/or Two-Year Term Loan Borrowing and (b) the date of termination of the commitment of each Term Lender to make Loans pursuant to Section 8.02.

Examples of Term Availability Period in a sentence

• Any Acquisition Draw Term Commitments not used at the expiration of the Acquisition Draw Term Availability Period shall be automatically cancelled.

• Subject to the terms and conditions set forth herein, each Two-Year Term Loan Lender severally agrees to make a single loan to the Company in Dollars, on any Business Day during the Term Availability Period (the “Two-Year Facility Delayed Draw Date”), in an amount not to exceed such Two-Year Term Loan Lender’s Two-Year Term Loan Commitment.

• Until the termination or expiration of the Acquisition Draw Term Availability Period, the Domestic Borrower shall pay to the Administrative Agent for the account of each Term Lender in accordance with its Applicable Percentage of the Acquisition Draw Term Facility, a commitment fee in Dollars equal to the Applicable Rate times the actual daily amount by which the Acquisition Draw Term Facility exceeds the Outstanding Amount of Acquisition Draw Term Loans.

• The aggregate Acquisition Draw Term Commitments shall be automatically and permanently reduced to zero on the expiration of the Acquisition Draw Term Availability Period.

• The commitment fee shall accrue at all times during the Acquisition Draw Term Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable monthly in arrears on the last Business Day of each month during the Acquisition Draw Term Availability Period, and on the last day of the Acquisition Draw Term Availability Period.

More Definitions of Term Availability Period

Term Availability Period means the period from and including July 15, 1996 to but not including the Term Commitment Termination Date.

Term Availability Period means the period from and including the Closing Date to and including the day falling 60 days after the Closing Date.

Term Availability Period means the period from and including the Closing Date to and including the Merger Date.

Term Availability Period means in relation to the Term A Facility or the Term B Facility, the period from and including the Closing Date hereof to and including the earlier of (a) 31 December 2002 and (b) the first Business Day on which the Available Term A Commitment (in the case of the Term A Facility) or the Available Term B Commitment (in the case of the Term B Facility) of each of the Banks is zero.

Term Availability Period means in respect of each Term Facility the period from and including the Closing Date to the earliest of (a) the later of (x) 5:00 p.m. on the date that falls ten (10) Business Days after the Closing Date and (y) in the event that a Loan Notice has been timely delivered with respect to any USD Term Borrowing and/or EUR Term Borrowing on or before the date that falls ten (10) Business Days after the Closing Date, immediately following the funding of such USD Term Borrowing and/or EUR Term Borrowing, and (b) the date of termination of the commitment of each Term Lender to make Loans pursuant to Section 8.02.

Term Availability Period means the period from and including the Closing Date until 5 p.m. New York City time on the six month anniversary of the Closing Date.

Term Availability Period means the period from and including the Closing Date through and including March 22, 2004.