Availability Period definicija

Availability Period means the period from and including the Effective Date to and including the earlier of (a) the Completion Date and (b) the date falling sixty (60) Months after the Effective Date. "Available Commitment" means a Lender's Commitment minus: "Available Facility" means the aggregate for the time being of each Lender's Available Commitment. "Bail-In Action" means the exercise of any Write-down and Conversion Powers.
Availability Period means the period commencing on the date specified in the Notice of Commencement of Availability Period and ending on the earliest of (a) the date falling 60 months thereafter; (b) the date on which the Facility is fully disbursed, cancelled or terminated hereunder; and (c) any date mutually agreed upon in writing by the Lender and the Borrower;

Examples of Availability Period in a sentence

  • The Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period.