Examples of Term Availability Period in a sentence
As to the Term Commitments, such fee shall be payable quarterly in arrears on each Quarterly Date during the Term Availability Period and on the Term Commitment Termination Date.
The aggregate 2015 Incremental Term Commitments shall be automatically and permanently reduced to zero on the earlier of (ii) the date of the 2015 Incremental Term Borrowing and (ii) the expiration of the 2015 Incremental Term Availability Period.
Until the termination or expiration of the 2015 Incremental Term Availability Period, the Domestic Borrower shall pay to the Administrative Agent for the account of each 2015 Incremental Term Lender in accordance with its Applicable Percentage of the 2015 Incremental Term Facility, a commitment fee in Dollars equal to the Applicable Rate times the aggregate amount of 2015 Incremental Term Commitments.
From time to time during the Term Availability Period, each Bank severally agrees to make term loans (each, a "Term Loan") to Borrower, on and subject to the terms and conditions set forth in this Agreement, up to an aggregate principal amount of Term Loans not exceeding such Bank's Term Commitment.
As used in this Agreement, the following terms shall have the meanings set forth below: 2015 Incremental Term Availability Period means the period from the Third Amendment Effective Date until December 31, 2015; provided that the 2015 Incremental Term Availability Period shall automatically terminate immediately upon the 2015 Incremental Term Borrowing or upon any termination, cancellation or expiration of the 2015 Incremental Term Commitments as otherwise set forth in this Agreement.