Term B Availability Period definition

Term B Availability Period means the period commencing on and including the Term A Borrowing Date and ending on the earliest of (a) [***], (b) the date of termination of the Term B Commitments pursuant to Section 2.04 and (c) the date of termination of the Term B Commitments pursuant to Section 9.02.
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Term B Availability Period means the period from the date hereof to and including the earlier of (a) thirty-six months from the date hereof and (b) the first Business Day on which the Available Term B Commitment of each of the Banks is zero.
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Term B Availability Period set forth in Section 13.1 of the Loan Agreement hereby is amended and restated in its entirety and replaced with the following: “Term B Availability Period” is the period of time commencing on the date [***] for Ensifentrine, through and including September 30, 2022.
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Examples of Term B Availability Period in a sentence

  • The Borrower may, upon notice to the Administrative Agent, (i) during the Term B Availability Period terminate in full or reduce the Term B Commitments and (ii) following the establishment of the Term C Facility pursuant to Section 2.13, during the Term C Availability Period terminate in full or reduce the Term C Commitments; provided, that any such notice shall be received by the Administrative Agent not later than 11:00 a.m. five (5) Business Days prior to the date of termination or reduction.

  • The Term B Commitments shall be automatically and permanently reduced to zero on the ​ ​ date that the Term B Availability Period shall end.

  • Subject to the terms and conditions set forth herein, each Term B Xxxxxx severally agrees to make a single loan to the Borrower, in Dollars on any Business Day during the Term B Availability Period, in an aggregate amount not to exceed such Term B Lender’s Term B Commitment.


More Definitions of Term B Availability Period

Term B Availability Period set forth in Section 13.1 of the Loan Agreement hereby is amended and restated in its entirety and replaced with the following: “Term B Availability Period” is the period of time commencing on the date Borrower publishes a press release that states that it has received positive Enhance 2 pivotal data for Ensifentrine, through and including September 30, 2022. DocuSign Envelope ID: 9FF3261D-0D20-412B-884B-4C5114DC38A9
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Term B Availability Period is the period of time commencing on the date Borrower publishes a press release that states that it has received positive Enhance 2 pivotal data for Ensifentrine, through and including September 30, 2022. DocuSign Envelope ID: 9FF3261D-0D20-412B-884B-4C5114DC38A9
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Term B Availability Period is the period of time commencing on the date [***] for Ensifentrine, through and including June 30, 2022.
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Term B Availability Period means the period from the date hereof to and including 30 September 2004;
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Related to Term B Availability Period

  • 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 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.

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

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

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

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Unused Revolving Commitment means, for any Lender at any time, the excess of (i) such Lender’s Revolving Commitment at such time over (ii) such Lender’s Revolving Facility Exposure at such time.

  • 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.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Maximum Availability means, as of any date of determination, the difference of (i) the Facility Amount minus (ii) the balance of all unfunded Advances approved but not yet funded minus (iii) the Aggregate Unfunded Amount plus (iv) all amounts on deposit in the Unfunded Exposure Account, each as of such date of determination.

  • Availability Block means $15,000,000.

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • 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.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).