Term Commitment Period definition

Term Commitment Period means, with respect to the Term Facility, the period from and including the Eighth Amendment and Restatement Effective Date to but excluding the earlier of the date that is 30 days after the Eighth Amendment and Restatement Effective Date and the date of termination of the Commitments under the Term Facility.

Term Commitment Period means the period beginning on the Effective Date of this Fourth Restated Agreement and ending on the earlier of, (i) the Term Commitment Termination Date, or (ii) the date on which the obligations of the Bank to fund Advances hereunder terminates upon the occurrence of an Event of Default.

Term Commitment Period means the period from the Closing Date to the first anniversary of the Closing Date.

Examples of Term Commitment Period in a sentence

• The ATM CRS UNI Port With Access Line Connection and UNI Port Only Connection rate elements are available under a Term Commitment Period.

• Users subscribing to this option will select a Term Commitment Period and a Monthly Revenue Commitment.

• In the event Customer’s Monthly Revenue Level does not meet the Monthly Revenue Commitment selected by the Customer in any invoice period during the Term Commitment Period, for that invoice period Customer will pay a Deficiency Charge which is equal to the difference between the Monthly Revenue Commitment and the actual Monthly Revenue Level.

• The ATM CRS UNI Port With Access Line Connection, UNI IMA Port With Access Line Connection and UNI Port Only Connection rate elements are available under a Term Commitment Period.

• In the event the Customer terminates service with the Company prior to the end of the Term Commitment Period or in the event that the Company terminates service based upon Customer’s default, Customer will pay a Termination Penalty to the Company equivalent to the Customer’s Monthly Revenue Commitment multiplied by the number of months remaining in the Term Commitment Period.

More Definitions of Term Commitment Period

Term Commitment Period means the period from and including the date of this Agreement to and including 31 August 2000.

Term Commitment Period means the period from and including the Closing Date to but not including the Term Credit Commitment Termination Date.

Term Commitment Period means the period from the Effective Date until the first anniversary of the Effective Date.

Term Commitment Period means in respect of (i) the Original Tranches, the period commencing on 10 August 1999 and expiring on 18 August 1999 and (ii) the Second Tranches, the Second Effective Date but, in any event, ending on any earlier date upon which the Total Commitments in respect of the relevant Tranche are cancelled or reduced to zero under or pursuant to any of the terms of this Agreement;

Term Commitment Period means the period from and including the Effective Date to the Delayed Draw Expiry Date.

Term Commitment Period means the period beginning on the Effective Date and ending on the earlier of (i) the Term Commitment Termination Date, or (ii) the date on which the obligations of the Bank to fund Advances hereunder terminates upon the occurrence of an Event of Default.

Term Commitment Period the period from and including the Closing Date to and including the earlier of (a) September 30, 2001 and (b) the date on which the Term Commitments are terminated in accordance with this Agreement.