Term Loan Availability Expiration Date definition

Term Loan Availability Expiration Date shall have the meaning set forth in the Term Note.
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Term Loan Availability Expiration Date means the earlier of (i) the day which is 364 days after the Closing Date; provided, however, that if such day is -------- ------- not a Business Day, the Term Loan Availability Expiration Date pursuant to this clause (i) shall be the Business Day immediately preceding such day, (ii) the suspension (subject to reinstatement) of the Lenders' obligations to make Loans pursuant to Subsection 6.2 or (iii) the acceleration of the Obligations pursuant to Section 6.3.
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Term Loan Availability Expiration Date has the meaning specified in the definition of “Availability Period”. “Term Loan Exposure” means, as to any Lender at any time, the aggregate Outstanding Amount at such time of its Term Loans; provided that at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Xxxxxx’s Term Commitment. “Term Note” means a promissory note made by the Company in favor of a Term Lender evidencing Term Loans made by such Term Lender, substantially in the form of Exhibit C-2.
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Examples of Term Loan Availability Expiration Date in a sentence

  • Lender agrees to make a term loan to the Company in a principal amount not to exceed the Term Loan Amount set forth in the Term Note (the “Term Loan”) upon the request of the Company made in accordance with the terms of the Term Note and this Agreement; provided, however, that the Term Loan shall be made in a single advance on or before the Term Loan Availability Expiration Date.

  • Each Lender, severally and not jointly, agrees to ---------- lend to Borrower, during the period commencing on the date all conditions precedent set forth in Subsections 7.1 and 7.2 are satisfied or waived as provided herein and ending on the Term Loan Availability Expiration Date, its Pro Rata Share of each Term Loan; provided that the aggregate principal amount -------- of all Term Loans advanced may not exceed the Available Term Loan Commitment.

  • From the Closing Date through the ------------------------ Term Loan Availability Expiration Date, Borrower shall pay Administrative Agent, for the benefit of all Lenders (based upon their respective Pro Rata Shares of the Term Loan Commitment), a fee in an amount equal to (i) the Term Loan Commitment less the average daily ---- outstanding balance of Term Loans during the preceding calendar quarter multiplied by (ii) the Applicable Commitment Fee Percentage.

  • Such fee is to paid ---------- -- quarterly in arrears on the last day of each calendar quarter for such calendar quarter (or a portion thereof) with the final such payment due on the Term Loan Availability Expiration Date.

  • At any time prior to the Supplemental Term Loan Availability Expiration Date, subject to the requirements of this subsection 2.1A(iv) and the other terms and conditions of this Agreement and in reliance upon the representations and warranties of Borrower herein set forth, Borrower may propose to incur Supplemental Term Loans in accordance with clause (b) of this subsection 2.1A(iv) to be used solely for the purposes identified in subsection 2.5C.

  • Subsidiary Borrowers Preamble Tax Liabilities ss.1.13(A) Term Loan(s) ss.10.1 Term Loan Availability Expiration Date ss.

  • At any time prior to the Incremental Term Loan Availability Expiration Date, subject to the requirements of this Section 2.16 and the other terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company set forth herein, the Company may propose to incur an Incremental Term Loan in accordance with clause (b) of this Section 2.16 in an aggregate amount not to exceed TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000) (the "Incremental Term Loan").

  • Individuals will be randomly selected (systematic sampling=every “nth” client) to participate in this needs assessment during the three (3) month data collection period.

  • CoBank agrees to lend to Borrower, during the --------- period commencing on the date all conditions precedent set forth in Subsections 7.1 and 7.2 are satisfied or waived and ending on the Business Day immediately preceding the Term Loan Availability Expiration Date, the Term Loan in multiple advances; provided, that the aggregate principal amount of such advances may not exceed the Term Loan Commitment.

  • From the Closing Date through the Term Loan Availability Expiration Date, Borrower shall pay CoBank a fee in an amount equal to the Term Loan Commitment less the average daily outstanding balance of Term Loan multiplied by 0.25% per annum.


More Definitions of Term Loan Availability Expiration Date

Term Loan Availability Expiration Date means the earlier of (i) the -------------------------------------- suspension (subject to reinstatement) of CoBank's obligations to make Loans pursuant to Subsection 6.2, (ii) the acceleration of the Obligations pursuant to Subsection 6.3 or (iii) December 31, 2007.
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Related to Term Loan Availability Expiration Date

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

  • 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.

  • Revolving Credit Expiration Date The term "Revolving Credit Expiration Date" means the earlier to occur of (a) August 12, 2000, as the same may be extended from time to time in the sole and absolute discretion of the Bank or (b) the date on which this Agreement is terminated pursuant to Section 3.03 hereof.

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

  • Revolving Credit Availability means, at any particular time, the amount by which the Maximum Revolving Credit Amount at such time exceeds the Revolving Credit Obligations at such time.

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

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • 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.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Maximum Credit means, at any time, the lesser of (i) the Revolving Credit Commitments in effect at such time and (ii) the Borrowing Base at such time.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

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

  • 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 Revolving Loan and Swing Line Loan then outstanding.

  • 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.

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

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

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • 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.

  • Unused Revolving Credit Commitment of any Lender, at any time, means the remainder of the Revolving Credit Commitment of such Lender at such time, if any, less the sum of (a) the aggregate Outstanding Amount of Revolving Loans made by such Lender, (b) such Lender’s LC Exposure at such time and (c) except for purposes of Section 2.12(a), such Lender’s Applicable Percentage of the aggregate Outstanding Amount of Swingline Loans.

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

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

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.