Second Availability Period definition

Second Availability Period shall refer to period of time from the date of the authorization of the Chilean Superintendency of Banks and Financial Institutions to carry out the Permitted Reorganization under the terms set forth in the Transaction Agreement until December 31. 2014. “Disbursement Application” shall refer to the written application delivered by the Debtor to the Creditor requesting the disbursement of the Loan, in the form stated in EXHIBIT “M” hereof and which is notarized under the same number of repertoire as this public deed, and is made an integral part of this Agreement for all legal purposes. “Interest Rate” shall refer to LIBOR plus the Applicable Margin to be determined on the first Banking Business Day of each Interest Period of the Loan. “LIBOR” shall refer, for each bank business day: /a/ the rate determined by the “British Bankers Association” for 360-day Dollar deposits and published in the “LIBORM” Reuters page, and in default thereof, in the page that replaces it, in both cases at 11.00 am London time, on the second business day before the commencement of each Interest Period; /b/ in the event the LIBOR could not be determined in accordance with the foregoing, it shall refer to the average of the respective annual rates for 360-day Dollar deposits offered by five referential banks /to be defined by the Agent Bank / on the London interbank market at 11 a.m., London time, on the second business day immediately preceding the commencement date of each Interest Period of the Loan. Debtor hereby accepts any variation in the interest rates that may arise as a consequence of the foregoing statement and the test and verification procedures of the variable interest rates referred to above as valid sufficient
Second Availability Period means the period from, and including, June 1, 2021 to, and including, June 4, 2021.
Second Availability Period means that period commencing on and including the date that is fifteen (15) days after the First Delayed Draw Note Closing Date and ending on the earliest of (i) the date on which no Notes remain outstanding, (ii) the Second Delayed Draw Note Closing Date, and (iii) August 15, 2020 (which date shall be extended by up to thirty (30) days in order to provide sufficient time for closing if Issuer delivers the Notice of Issuance of the Second Delayed Draw Notes between July 15, 2020 and August 15, 2020).

Examples of Second Availability Period in a sentence

  • Furthermore, should the Debtor have not disbursed or fail to disburse the total Committed Amount, then the pledge and prohibition mentioned above may be levied on the number of Corpbanca Shares proportionately appropriate for the amount actually paid plus the amount to be Disbursed during the Second Availability Period or the Third Availability Period.

  • The Commitment shall automatically terminate upon the earlier of (a) the making of the Loans on the Second Funding Date and (b) the last day of the Second Availability Period.

  • In addition to the conditions precedent set forth in paragraph /Three.Three/ above, the first Disbursement to be made during the Second Availability Period shall be subject to the fulfillment of the following conditions precedent, all of which shall be met not only on the date of filing the Disbursement Application but also on the Disbursement Date, unless otherwise provided for in the respective condition: /a/ That at least one Disbursement during the First Availability Period shall have been made.


More Definitions of Second Availability Period

Second Availability Period means the period between [15 April 2025 and 15 July 2025].
Second Availability Period means October 31, 1997 through October 29, 1998, provided this Agreement has been extended pursuant to the provisions of Section 12.14.

Related to Second Availability Period

  • 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.

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

  • Delayed Draw Availability Period means the period from and including the Closing Date to and including the earlier of (a) the date that is the first anniversary of the Closing Date and (b) the date of termination of all of the Delayed Draw Commitments.

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

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.