Tranche 2 Availability Period definition

Tranche 2 Availability Period means the period from and including the Restatement Effective Date to but excluding the earlier of the Tranche 2 Maturity Date and the date of termination of the Tranche 2 Commitments.

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Tranche 2 Availability Period means the period (i) commencing on the date that Borrower has provided evidence satisfactory to Agent that Tranche 2 Milestone Date has occurred and (ii) continuing through the earliest of (x) December 15, 2026 and (y) thirty (30) days following the Tranche 2 Milestone Date; provided that no Tranche 2 Advance shall be made during the occurrence and continuance of an Event of Default.

Tranche 2 Availability Period means the period from and including the Tranche 1 Availability Termination Date to but excluding the earlier of (i) the Tranche 2 Availability Termination Date and the (ii) date of termination of the Tranche 2 Commitment.

Examples of Tranche 2 Availability Period in a sentence

The Tranche 2 Commitments shall be cancelled at close of business in London on the last day of the Tranche 2 Availability Period.
No Revolving Advance that constitutes a Tranche 2 Advance may remain outstanding for longer than the nine month anniversary of the first funding of any Tranche 2 Advance (the "Tranche 2 Availability Period"), but in any event must be repaid by the earlier of the end of the Tranche 1 Availability Period and the Tranche 2 Availability Period.
Subject to the terms and conditions of this Agreement, Borrower may request, and the Lenders shall severally (and not jointly) make, in each case, during the Tranche 2 Availability Period, a Term Loan Advance in an aggregate principal amount equal to Twenty-Five Million Dollars ($25,000,000) (such Term Loan Advance, the “Tranche 2 Advance”).
At the end of the Tranche 2 Availability Period or the Tranche 3 Availability Period (whichever is later), the Facility Agent will calculate the repayment instalments for each Repayment Date specified below having regard to the outstanding Tranche 2 Advances or Tranche 3 Advances (as the case may be).
The amount to be repaid on each Repayment Date will be calculated so that the remaining Tranche 2 Advances or Tranche 3 Advances outstanding after such repayment are equal to the amount of Tranche 2 Advances or Tranche 3 Advances outstanding on the last day of the Tranche 2 Availability Period or the Tranche 3 Availability Period (as the case may be) multiplied by the percentage set out opposite the relevant date.

More Definitions of Tranche 2 Availability Period

Tranche 2 Availability Period means the period from and including the Tranche 1 Availability Termination Date to but excluding the earlier of the Tranche 2 Availability Termination Date and the date of termination of the Commitments.

Tranche 2 Availability Period. The period commencing on the later of (i) November 1, 2004 and (ii) the Business Day immediately following the day on which the Phase II ▇▇▇▇▇▇▇▇ Construction has been completed and ending on January 20, 2006.

Tranche 2 Availability Period means the period commencing ten (10) Business Days after the date of this Agreement and ending on 31 December 2021.

Tranche 2 Availability Period means the period commencing on the Tranche 2 Milestone Date and ending on December 31, 2024.

Tranche 2 Availability Period means the period from and including the Closing Date to the earliest of (i) the Outside Date, (ii) the date of termination of the Tranche 2 Commitments pursuant to Section 2.04(b), and (iii) the date of termination of the Aggregate Commitments of each Lender pursuant to Section 8.02.

Tranche 2 Availability Period means the period commencing on the date that Agent receives evidence in form and substance reasonably satisfactory to Agent that the Company has achieved Performance Milestone II and ending on September 15, 2025.

Tranche 2 Availability Period means the period commencing on October ----------------------------- 1, 2000 and ending on September 30, 2003.