Available definition
Examples of Available in a sentence
During a Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of the Base Rate based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of the Base Rate.
During any Benchmark Unavailability Period with respect to any Benchmark or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of the Base Rate based upon the then-current Benchmark that is subject of such Benchmark Unavailability Period or such tenor for such Benchmark, as applicable, will not be used in any determination of the Base Rate.
On an Initial Collaboration Target-by-Initial Collaboration Target basis, during the Replacement Right Term for a given Initial Collaboration Target, ▇▇▇▇▇ shall have [***], to replace such Initial Collaboration Target with an Available Proposed Target (each, a “Replacement Collaboration Target”).
For clarity, ▇▇▇▇▇’▇ selection of an Available Proposed Target as an Initial Collaboration Target or Replacement Collaboration Target is subject to the terms and conditions of Section 3.2 or Section 3.4, respectively.
Subject to Section 6.2, Section 4A-503, Subtitle 5 of the Act and any other applicable laws, Available Cash shall be applied and distributed from time to time, as the Board of Directors shall determine, to the Member.