Revolver Availability Date definition
Examples of Revolver Availability Date in a sentence
Such Commitment Fee, to the extent then accrued, shall be payable quarterly in arrears (a) following the Revolver Availability Date on the last Business Day of each March, June, September and December, (b) on the Revolving Facility Termination Date with respect to the applicable Revolving Commitments and (c) as provided in Section 2.11, upon any reduction or termination in whole or in part of the Total Revolving Commitment.
The obligation of each Revolver Lender to make Revolver Advances hereunder during the Revolver Availability Period is subject to the Agent’s receipt of a certificate, signed by an Authorized Officer of the US Borrower, on the Revolver Availability Date, confirming compliance with the conditions set forth in this Section 3.1 and in Section 3.2 below.