Second Tranche Availability Period definition

Second Tranche Availability Period means the period of time commencing upon the occurrence of the Second Tranche Milestone (but no earlier than October 1, 2023), and ending on the earliest to occur of (i) at the option of the Administrative Agent, an Event of Default, and (ii) March 1, 2024.

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Second Tranche Availability Period means the period commencing on December 1, 2019 and ending June 1, 2020, inclusive.

Second Tranche Availability Period means the period commencing on the Closing Date and ending on June 30, 2020.”

Examples of Second Tranche Availability Period in a sentence

Lenders’ commitments to make the Second Tranche Term Loans shall terminate upon the earlier of (i) the end of the Second Tranche Availability Period, and (ii) the date the Second Tranche Term Loans have been funded.
Lenders’ commitments to make the Second Tranche Term Loan shall terminate upon the earlier of (i) the end of the Second Tranche Availability Period, and (ii) the date the Second Tranche Term Loan has been funded.
The Issuer may, upon written notice to the Administrative Agent during the Second Tranche Availability Period, terminate in full the Second Tranche Note Purchase Commitments; provided, that: any such notice shall be received by the Administrative Agent not later than 9:00 a.m. five (5) Business Days prior to the date of termination.
Unless the Lender agrees, in its sole discretion, the Lender’s obligation to make the Second Tranche Term Loans shall automatically and permanently expire at the conclusion of the Second Tranche Availability Period.
Lenders’ commitments to make the Second Tranche Term Loans shall terminate upon the earlier of (i) the end of the Second Tranche Availability Period, and (ii) the date the Second Tranche Term Loans in an aggregate original principal amount equal to the available Second Tranche Term Loan Commitments have been funded by each Lender.

More Definitions of Second Tranche Availability Period

Second Tranche Availability Period means the period commencing on the date the Second Tranche Milestone is met and ending September 30, 2023.

Second Tranche Availability Period means the period commencing on the date the Lenabasum Phase 3 Milestone is met and ending on the earlier of (i) four weeks following the date the Lenabasum Phase 3 Milestone is met and (ii) September 30, 2020 provided that if the date the Lenabasum Phase 3 Milestone is met occurs on or after the date that is five (5) Business Days prior to September 30, 2020 and prior to September 30, 2020, the Second Tranche Availability Period shall automatically be extended to the date that is ten (10) Business Days following the date the Lenabasum Phase 3 Milestone is met.

Second Tranche Availability Period means the period of time commencing upon the occurrence of the Second Tranche Milestone, but no earlier than October 1, 2021 and ending on February 1, 2022.

Second Tranche Availability Period means the period commencing on the date the Equity Milestone is met and ending September 30, 2020.

Second Tranche Availability Period means the period from and after the Effective Date to the earliest of (a) the date that is one (1) year following the First Tranche Notes Issuance Date, (b) the date of termination of the Second Tranche Note Purchase Commitments pursuant to Section 2.04 and (c) the date of termination of the Second Tranche Note Purchase Commitments pursuant to Section 9.02.

Second Tranche Availability Period means [***].

Second Tranche Availability Period means the period commencing on the Closing Date and ending at 2:00 pm New York City time on the date that is nine months from the Closing Date; provided, however, that in no event shall the Second Tranche Availability Period extend beyond the Maturity Date.