Full Availability definition

Full Availability means, at any time, the lesser of (x) the sum of (i) the Interim Availability plus (ii) ONE BILLION TWO HUNDRED FIFTY MILLION DOLLARS ($1,250,000,000) and (y) the Aggregate Commitments at such time.
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Full Availability means there are no limitations. Any available option can be configured.
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Full Availability means up to $100,000,000 of the Term Loan Commitment (including the portion thereof constituting the Initial Term Loan Availability) and up to $50,000,000 of the Revolving Commitment (including the portion thereof constituting the Initial Revolver Availability) that shall be available on and following the Full Availability Closing Date.
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Examples of Full Availability in a sentence

  • The Incremental Available Amount shall automatically be reduced to zero at 11:59 p.m. New York City time on the Full Availability Expiration.

  • On the Full Availability Expiration Date, the Aggregate Commitments shall be automatically reduced by $1,250,000,000, which reduction shall be allocated to reduce each Lender’s Commitment ratably in accordance with the Lenders’ respective Commitments; provided that for the avoidance of doubt, no such reduction shall reduce or otherwise affect the Interim Availability.

  • Notwithstanding anything to the contrary, unless the Administrative Agent and the Borrower shall otherwise agree, the initial Interest Period of any Initial Allocation Date Loan or Final Order Loan that is a Eurodollar Loan (if any) shall commence on the Initial Allocation Date or the Full Availability Date, as applicable, and shall end on the last day of the then-current Interest Period for the Interim Order Loan or Initial Loan, respectively, that is a Eurodollar Loan then outstanding (if any).

  • Full Availability operators will sign up in order of their classification seniority, followed by Restricted Availability Operators, also in order of their classification seniority.

  • The Commitments shall be reduced dollar-for-dollar immediately after the funding of any Loans pursuant to Section 2.01, and any unused Commitments shall be reduced to zero and terminated on the Full Availability Date (immediately after the funding of the Final Order Loan on such date).

  • Subject to the terms and conditions set forth herein and in the Orders, each Term Lender agrees, severally and not jointly, to make Term Loans in dollars to the Borrower in up to three (3) draws on (a) the Closing Date (the “Interim Term Loan”), (b) the Final Order Availability Date (the “Final Order Term Loan”) and (c) the Full Availability Date (the “Full Availability Term Loan”), in each case, in an aggregate principal amount not to exceed its Term Loan Commitment.

  • On or prior to the Full Availability Closing Date, Borrower shall have paid to Agents any fees payable referred to in Section 2.11(e).

  • Monthly from and after the Full Availability Date, MSN will provide to StarBand a four (4) month rolling forecast (the "Production Forecast") regarding consumer demand for the Service, including all equipment related thereto.

  • The Agreement granted to KCAT shall be for the video production of sixty (60) Regular Town ▇▇▇▇▇ Act meetings per year.

  • Each reduction of the Commitments pursuant to paragraph (d) of this Section shall be made ratably among the Lenders in accordance with their respective Commitments (including any Contingent Commitments), except that the Borrower may elect, prior to the Full Availability Date, to terminate or reduce Contingent Commitments without terminating or reducing other Commitments.

Related to Full Availability

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • General Availability means the date a version of Software was first made available to be licensed by Sandvine customers.

  • System Availability means, with respect to any particular calendar month, the ratio obtained by subtracting Unscheduled Downtime during such month from the Total Monthly Time, and thereafter dividing the difference so obtained by the Total Monthly Time. Represented algebraically, System Availability for any particular calendar month is determined as follows:

  • 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.