Tranche C Availability Period definition
Examples of Tranche C Availability Period in a sentence
During the Tranche A Availability Period, the Tranche B Availability Period, and the Tranche C Availability Period, as applicable, subject to the other terms and conditions of this Agreement, such Borrower may request and use the proceeds of Loans of one Type to repay outstanding Loans of another Type and to repay outstanding Swing Line Loans.
Any part of the Tranche C Commitments not utilised under this agreement before the expiry of the Tranche C Availability Period will be cancelled automatically on the expiry of the Tranche C Availability Period.
During the Tranche A Availability Period, the Tranche B Availability Period, the Tranche C Availability Period and the Tranche D Availability Period, as applicable, subject to the other terms and conditions of this Agreement, such Borrower may request and use the proceeds of Loans of one Type to repay outstanding Loans of another Type.
The unused Tranche C Commitments shall automatically terminate at the end of the Tranche C Availability Period.
All Ancillary Outstandings shall be repaid in full (together with all accrued interest and any other costs and expenses due under the terms of such Ancillary Facility) on the last day of the Tranche C Availability Period (and on such date the Ancillary Commitments shall be cancelled).