Availability Termination Date definition

Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.
Availability Termination Date means the first to occur of: (a) December 30, 2016 and (b) the date on which the Commitments are terminated or reduced to zero in accordance herewith.
Availability Termination Date the earlier of (i) the date that is the seventh anniversary of the Closing Date and (ii) the date on which the Administrative Agent delivers to the Servicer a notice of termination as a result of a Termination Event in accordance herewith (or the date on which such termination becomes effective automatically pursuant to Section 7).

Examples of Availability Termination Date in a sentence

  • Such fee shall be computed on a daily basis and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur 90 days after the Closing Date, and on the Availability Termination Date.

  • All undrawn Commitments shall terminate at 5:00 p.m. on the Availability Termination Date if not previously terminated pursuant to this Agreement.

  • During the period commencing 90 days after the Closing Date and ending on the Availability Termination Date, the Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a per annum ticking fee equal to the daily aggregate amount of the Commitments available multiplied by a per annum rate equal to the Applicable Ticking Fee.


More Definitions of Availability Termination Date

Availability Termination Date means, as to any Borrower, the earlier of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.
Availability Termination Date means the date falling [**] (being the period stipulated in article 9, clause 2.1(i)(b) of the Building Contract) after [**].
Availability Termination Date means 31 May 2011 or such later date, as the Lenders may in their discretion agree.
Availability Termination Date means June 29, 2004.
Availability Termination Date means the day that is 364 days after the Effective Date.
Availability Termination Date means the Term Loan Availability Termination Date.
Availability Termination Date means the earlier to occur of (a) December 31, 2014; and (b) the date on which the obligation of the Bank to issue LOCs hereunder terminates pursuant to Section 2.04 or 6.01.