Term Facility Availability Period definition

Term Facility Availability Period means (a) with respect to the Tranche A Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of November 21, 2015 and the date of termination of the Tranche A Term Facility Commitments, (b) with respect to the Tranche B Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of March 30, 2016 and the date of termination of the Tranche B Term Facility Commitments, (c) with respect to the Tranche C Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of June 30, 2016 and the date of termination of the Tranche C Term Facility Commitments and (d) with respect to the Tranche D Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of December 31, 2016 and the date of termination of the Tranche D Term Facility Commitments.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Term Facility Availability Period means the period specified in Clause 4.1 (Term Facility Availability Period).

Examples of Term Facility Availability Period in a sentence

Each Lender with a Term Facility Commitment agrees, severally and not jointly, on the terms and conditions of this Agreement, to make Term Facility Loans to Borrower in Dollars from time to time, on any Business Day during the Term Facility Availability Period, in an aggregate principal amount at any one time outstanding not exceeding the amount of the Term Facility Commitment of such Term Facility Lender as in effect from time to time.
The Term Facility Commitments shall automatically terminate at 5:00 p.m., New York City time, on the last day of the Term Facility Availability Period.
Notwithstanding any other provision of this Agreement, any outstanding Term Facility Commitments shall automatically terminate upon the earlier of (x) the Term Facility Commitments being fully funded pursuant to Section 2.01(b) and (y) at 5:00 p.m., New York City time, on the last Business Day of the Term Facility Availability Period.
Notwithstanding any other provision of this Agreement, any outstanding Term Facility Commitments shall automatically terminate upon the earlier of (x) thesuch Term Facility Commitments being fully funded pursuant to Section 2.01(b) and (y) at 5:00 p.m., New York City time, on the last Business Day of the applicable Term Facility Availability Period.
Notwithstanding any other provision of this Agreement, any outstanding Term Facility Commitments shall automatically terminate upon the earlier of (x) such Term Facility Commitments being fully funded pursuant to Section 2.01(b) and (y) at 5:00 p.m., New York City time, on the last Business Day of the applicable Term Facility Availability Period.
Subject to Clause 7.2 (Final maturity), the Company shall repay the Term Facility Loans in quarterly instalments by repaying on each Repayment Date amounts equal to the percentage set out next to the relevant Repayment Date in Schedule 2 (Repayment Schedule) of the aggregate US dollar denominated Term Facility Advances and the aggregate HK dollar denominated Term Facility Advances outstanding as at the end of the last day of the Term Facility Availability Period.
The provisions of clause 3 (Drawdown of Advances) and clause 4.1 (Term Facility Availability Period) of the Common Terms Agreement are incorporated by reference herein as if the same were set out in full herein.
Subject to terms and conditions set forth herein, each 5-Year Delayed Draw Term Lender severally agrees to make a single loan (each such loan, a “5-Year Delayed Draw Term Loan”) to the Borrower in Dollars in a single advance on any Business Day during the 5-Year Delayed Draw Term Facility Availability Period in an amount not to exceed such 5-Year Delayed Draw Term Lender’s 5-Year Delayed Draw Term Commitment.

More Definitions of Term Facility Availability Period

Term Facility Availability Period means the period from and including the Merger Date to and including the date 120 days thereafter.

Term Facility Availability Period means (a) with respect to the Tranche AD Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of November 21, 2015 and the date of termination of the Tranche A Term Facility Commitments, (b) with respect to the Tranche B Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of March 30December 31, 2016 and the date of termination of the Tranche BD Term Facility Commitments, (c) with respect to the Tranche C Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of June 30, 2016 and the date of termination of the Tranche C Term Facility Commitments and (d) with respect to the Tranche D.

Term Facility Availability Period means (a) with respect to the Tranche A Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of the date that is the one (1) year anniversary of the Closing Date and the date of termination of the Tranche A Term Facility Commitments, (b) with respect to the Tranche B Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of March 30, 2016 and the date of termination of the Tranche B Term Facility Commitments and (c) with respect to the Tranche C Term Facility Commitments, the period from and including the Closing Date through but excluding the earlier of June 30, 2016 and the date of termination of the Tranche C Term Facility Commitments.

Term Facility Availability Period means the period from and including the Closing Date through but excluding the earlier of the date that is the one (1) year anniversary of the Closing Date and the date of termination of the Term Facility Commitments. “Term Facility Commitment” shall mean, for each Term Facility Lender, the obligation of such Lender to make Term Facility Loans during the Term Facility Availability Period in a principal amount not to exceed the amount set forth opposite the name of such Lender on Annex A-2 under the caption “Term Facility Commitment,” or in the Assignment Agreement pursuant to which such Lender assumed its Term Facility Commitment, as applicable, as the same may be (a) changed pursuant to Section 13.05(b) or (b) reduced or terminated from time to time pursuant to Section 2.04 or Section 11.01. The aggregate principal amount of the Term Facility Commitments of all Term Facility Lenders on the Closing Date is $875.0 million.

Term Facility Availability Period means the period (a) commencing on the Restatement Date and (b) ending on the earlier of

Term Facility Availability Period means the period (a) commencing on the Restatement Date and (b) ending on the earlier of (i) the Term Facility Availability Expiration Date and (ii) the date of termination of the Term Commitment of each Term Lender pursuant to Section 8.02.