Term B-2 Availability Period definition

Term B-2 Availability Period means the period from and including the Effective Date to the earlier of (a) October 27, 2007 and (b) the date of termination in whole of the Term Commitments pursuant to Section 2.05 or 6.01.

Term B-2 Availability Period means the period from and after the Funding Date to the earliest of (a) June 30, 2019, (b) the date of termination of the Term B-2 Commitments pursuant to Section 2.04 and (c) the date of termination of the Term B-2 Commitments pursuant to Section 9.02. “Term B-2 Borrowing” means a borrowing consisting of simultaneous Term B-2 Loans made by each of the Term B-2 Lenders pursuant to Section 2.01(b)(ii). “Term B-2 Commitment” means, as to each Term B-2 Lender, its obligation to make a Term B-2 Loan to the Borrower pursuant to Section 2.01(b)(ii), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term B-2 Commitments of all of the Term B-2 Lenders as in effect on the Effective Date is FIVE MILLION DOLLARS ($5,000,000). “Term B-2 Facility” means, at any time, (a) on or prior to the funding of the Term B-2 Loans, the aggregate amount of the Term B-2 Commitments at such time and (b) thereafter, the aggregate Outstanding Amount of the Term B-2 Loans of all Term B-2 Lenders outstanding at such time. “Term B-2 Lender” means (a) at any time on or prior to the funding of the Term B-2 Loans, any Lender that has a Term B-2 Commitment at such time and (b) at any time after the funding of the Term B-2 Loans, any Lender that holds one or more Term B-2 Loans at such time. “Term B-2 Loan” means an advance made by any Term B-2 Lender under the Term B-2 Facility. “Term B-2 Note” has the meaning set forth in Section 2.09. “Term B-3 Availability Period” means the period from and after the Funding Date to the earliest of (a) September 30, 2019, (b) the date of termination of the Term B-3 Commitments pursuant to Section 2.04 and (c) the date of termination of the Term B-3 Commitments pursuant to Section 9.02. “Term B-3 Borrowing” means a borrowing consisting of simultaneous Term B-3 Loans made by each of the Term B-3 Lenders pursuant to Section 2.01(b)(iii). “Term B-3 Commitment” means, as to each Term B-3 Lender, its obligation to make a Term B-3 Loan to the Borrower pursuant to Section 2.01(b)(iii), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term B-3 Commitments of all of 35 CHAR1\1659840v4

Term B-2 Availability Period means the period from and including the Signing Date to and including the earlier of (i) the Long Stop Date and(ii) the date falling sixty (60) Business Days following the Scheme Effective Date or, if later, the date on which Liberty Acquisition Target is reregistered as a private limited company.

Examples of Term B-2 Availability Period in a sentence

• Each Term B-2 Lender severally agrees, on the terms and conditions hereinafter set forth, to make either one advance or two advances of equal principal amount (each, a “Term B-2 Advance”) to the Borrower on any Business Day during the Term B-2 Availability Period in an aggregate amount for all such advances not to exceed such Lender’s Term B-2 Commitment at such time, consisting of Term B-2 Advances made simultaneously by the Term B-2 Lenders ratably according to their Term B-2 Commitments.

• The Term B-2 Commitment shall automatically terminate in whole upon the earlier to occur of (A) the second drawing thereunder and (B) the end of the Term B-2 Availability Period.

• The Commitments under the Term B-1 Facility, the Term B-2 Facility and the Term B-3 Facility shall be automatically and permanently reduced to zero on the earlier of (x) the date of the Borrowing under such Term B-1 Facility, Term B-2 Facility or Term B-3 Facility, as applicable, pursuant to Section 2.01 and (y) the date that the Term B-1 Availability Period, Term B-2 Availability Period or the Term B-3 Availability Period, as applicable, shall end.

More Definitions of Term B-2 Availability Period

Term B-2 Availability Period means the period from and including the Effective Date to the earlier of (a) October 27, 2007 and (b) the date of termination in whole of the Term Commitments pursuant to Section 2.05 or6.01.

Term B-2 Availability Period means the period from and including the Signing Date to and including the earlier of (i) the Long Stop Date and (ii) the date falling sixty (60) Business Days following the Scheme Effective Date or, if later, the date on which Liberty Acquisition Target is reregistered as a private limited company.