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.
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.
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 Xxxxxxxx Construction has been completed and ending on January 20, 2006.

Examples of Tranche 2 Availability Period in a sentence

  • Subject to the terms and conditions set forth herein, the Borrower may request the issuance of Letters of Credit denominated in dollars for its own account, in a form reasonably acceptable to the Administrative Agent and the Issuing Bank, at any time and from time to time during 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”).

  • 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.

  • Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single Loan to the Borrower, in Dollars, on any Business Day during the Tranche 2 Availability Period in an amount equal to its Tranche 2 Commitment as of the Tranche 2 Funding Date (the “Tranche 2 Loans”).

  • A gender focal group will be created and will work collaboratively to undertake a review of this common gender policy.

  • 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 requested funding date of the Tranche 2 Loans as specified in the applicable Loan Notice is a date occurring during the Tranche 2 Availability Period.

  • The Tranche 2 Commitments shall be cancelled at close of business in London on the last day of the Tranche 2 Availability Period.


More Definitions of Tranche 2 Availability Period

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 commencing on October ----------------------------- 1, 2000 and ending on September 30, 2003.
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 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.

Related to Tranche 2 Availability Period

  • 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.

  • 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.

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

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

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

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • 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.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

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

  • 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.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • 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.

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

  • Facility Period means the period beginning on the date of this Agreement and ending on the date when the whole of the Indebtedness has been paid in full and the Security Parties have ceased to be under any further actual or contingent liability to the Finance Parties under or in connection with the Finance Documents.

  • 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.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

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

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

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

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).