Term Loan Availability End Date definition

Term Loan Availability End Date is defined in Section 2.1.2.
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Term Loan Availability End Date is defined in the definition of “Term Loan Availability Period”.
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Term Loan Availability End Date is (i) for the First Tranche, five (5) Business Days after the Effective Date, and (ii) for the Second Tranche, the earlier of December 31, 2019, or an Event of Default.
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Examples of Term Loan Availability End Date in a sentence

  • Bank’s obligation to lend hereunder shall terminate on the Term Loan Availability End Date.

  • IGB Group will undertake the necessary efforts to mitigate the various business risks identified.

  • The Term Loan Commitments shall automatically terminate on the Term Loan Availability End Date.

  • Any commitment of Bank, pursuant to the terms of this Loan Agreement, to make New Term Loans shall expire on the New Term Loan Availability End Date, subject to Bank's right to renew said commitment in its sole and absolute discretion at Borrower's request.

  • Subject to and upon the terms and conditions of this Agreement, through December 31, 2002 (the "2002 Term Loan Availability End Date"), Silicon may, in its sole discretion, make advances ("2002 Term Loan Advance" and, collectively, "2002 Term Loan Advances") to Borrower not exceeding (i) Three Hundred Thousand Dollars ($300,000.00) MINUS (ii) the outstanding principal amount of the Initial Advance.

  • The balance of the allowance at December 31, 2012 and 2011 is $150,000.

  • Any commitment of Bank, pursuant to the terms of this Loan Agreement, to make Existing Term Loans shall expire on the Existing Term Loan Availability End Date, subject to Bank's right to renew said commitment in its sole and absolute discretion at Borrower's request.

  • Subject to all the terms and conditions of this Loan Agreement and prior to the termination of its commitment as hereinafter provided, Bank hereby agrees to make loans (each a "New Term Loan") to Borrower in such amounts as Borrower shall request pursuant to this Section 1.A. at any time from the date hereof through September 30, 1999 (the "New Term Loan Availability End Date"), in an aggregate principal amount not to exceed $800,000.00 (the "New Term Loan Commitment").

  • The Borrowers understand and agree that in the event the Borrowers fail to fully satisfy the conditions set forth in Section 5.3 for making the 2006 Term Loan, on or prior to the 2006 Term Loan Availability End Date, the Lender shall not return the 2006 Term Loan Fee.

  • Subject to and upon the provisions of this Agreement, including, without limitation, the provisions of Section 5.3 of this Agreement, the Lender agrees to make a loan (the "2006 Term Loan") to the Borrowers if requested in writing by the Borrowers within one hundred twenty (120) days of the Closing Date (the "2006 Term Loan Availability End Date") in the principal amount of One Million Five Hundred Thousand Dollars ($1,500,000) (the "2006 Term Loan Committed Amount").


More Definitions of Term Loan Availability End Date

Term Loan Availability End Date. (a) 5:00 p.m., New York time, on the Term Loan Commitment Expiry Date, (b) the funding of the Term Loans pursuant to Section 2.01(b), or (c) the date of termination of the Term Loan Commitment pursuant to Section 7.02.
Sample 1
Term Loan Availability End Date means April 28, 2006.
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Term Loan Availability End Date is the earlier of (i) January 10, 2019, or (ii) an Event of Default.
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Term Loan Availability End Date is defined in Section 2.1.6.
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Related to Term Loan Availability End Date

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

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

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of (i) the principal amount of Revolving Loans and Swing Loans made and outstanding at such time and (ii) the LC Outstandings at such time.

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

  • 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.

  • 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.

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments 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.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Canadian Availability means, as of any date of determination, the amount (if any) by which (a) Canadian Available Credit, exceeds (b) the sum of the aggregate Dollar Equivalent of (i) Revolver Credit Advances made to the Canadian Borrowers plus (ii) the Canadian Borrowers’ Letter of Credit Obligations (other than the Canadian Borrowers’ Letter of Credit Obligations cash collateralized in accordance with the terms of the Loan Documents).

  • Availability Block means $15,000,000.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • 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.

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

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

  • Unused Revolving Credit Commitments means, at any time, the difference between the Revolving Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Unused Revolving Credit Commitment means, with respect to any Lender at any date of determination, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time plus (ii) such Lender’s Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(c) and outstanding at such time.

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).