Loan Availability Date definition

Loan Availability Date means with respect to any Approved Financing, the date occurring during the Loan Availability Period on which the conditions precedent set forth in Section 6.2 in respect of the applicable Approved Financing have been satisfied.
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Loan Availability Date means the date occurring simultaneously with ---------------------- or after the Closing Date upon which all conditions precedent to the initial Credit Extension hereunder specified in Section 5.2 and 5.3 are satisfied or waived by all Banks.
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Loan Availability Date means the date occurring simultaneously with ---------------------- or after the Closing Date upon which all conditions precedent to the initial Credit Extension hereunder specified in Section 5.1 and 5.2 are satisfied or waived by all Banks.
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Examples of Loan Availability Date in a sentence

  • In addition to Borrowings of Revolving Loans, Tranche A Term Loans and Tranche B Term Loans specified in Section 2.01(a), (b) and (c), respectively, at any time and from time to time prior to the Incremental Term Loan Availability Date, the Borrower may request that the Lenders offer to enter into commitments to make Incremental Term Loans to the Borrower in U.S. Dollars.

  • Unless previously terminated, (i) the Tranche A Term Loan Commitments and the Tranche B Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Effective Date, (ii) the Incremental Term Loan Commitments of each Series shall terminate on the Incremental Term Loan Availability Date and (iii) the Revolving Commitments shall terminate on the Revolving Commitment Termination Date.

  • The accrued unused fee shall be due and payable in arrears on the first Banking Day of January, April, July and October of each year, commencing on the first such date after the 91st day following the Closing Date, and upon the Final Term A-2 Loan Availability Date (as may be accelerated) or earlier termination of the Term A-2 Loan Commitments.

  • Subject to Borrower’s right to increase the Commitments under Section 2.8, immediately following the end of the Term Loan Availability Period, the Lenders shall have no further obligation to make advances of the Loan and any undisbursed Commitments (as in effect at the end of the Term Loan Availability Date) shall be canceled.

  • Upon each such increase in the Aggregate Commitments on or after the Final Loan Availability Date, the related Incremental Term Loans shall be advanced in full on the effective date of such increase in the Aggregate Commitment.

  • Each Bank shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Bank on the Loan Availability Date a participation in each such Letter of Credit and each drawing thereunder in an amount equal to the product of (i) such Bank's Pro Rata Share times (ii) the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

  • The Unused Line Fee shall be computed on the basis of a 360-day year for the actual number of days elapsed and shall accrue at all times from and after (but not prior to) the Loan Availability Date.

  • Subject to Section 4.2, Borrower may terminate this Agreement at any time after the Loan Availability Date, subject to payment and satisfaction of all Obligations (including all unpaid principal, accrued interest and any early termination or prepayment fees or penalties).

  • The Agent upon direction from the Majority Lenders may terminate this Agreement at any time after the Loan Availability Date without notice upon the occurrence of an Event of Default.

  • The accrued unused fee shall be due and payable in arrears on the first Banking Day of January, April, July and October of each year, commencing on the first such date after the 91st day following the Closing Date, and upon the Final Term A-1 Loan Availability Date (as may be accelerated) or earlier termination of the Term A-1 Loan Commitments.


More Definitions of Loan Availability Date

Loan Availability Date has the meaning specified in Section 10.2. ---------------------- ------------
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Loan Availability Date has the meaning specified in Section 10.2.
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Loan Availability Date means the date occurring simultaneously with or after the Closing Date upon which all conditions precedent to the initial Loans hereunder specified in Section 4.2 and 4.3 are satisfied or waived by all Banks.
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Related to Loan Availability Date

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of (i) the principal amount of Revolving Loans and Swing Loans made and outstanding at such time and (ii) the LC Outstandings at such time.

  • Availability Date means the day after the end of the fourth fiscal quarter following the fiscal quarter that includes such Effective Time on which the Company is required to file its Form 10-Q for such fiscal quarter except that, if such fourth fiscal quarter is the last quarter of the Company’s fiscal year, “Availability Date” means the day after the end of such fourth fiscal quarter on which the Company is required to file its Form 10-K.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.