Term B Loan Availability Period definition

Term B Loan Availability Period means the period (i) beginning on and including the day after the Closing Date and (ii) ending on and including the earlier of (A) the date the aggregate Term B Loan Commitments are reduced to zero and (B) November 30, 2021.
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Term B Loan Availability Period means the period (i) beginning on and including the day after the Closing Date and (ii) ending on and including the date that is eighteenth (18) months after the Closing Date.
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Term B Loan Availability Period means the period from the Closing Date through the date that is the four-year anniversary of the Closing Date.
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Examples of Term B Loan Availability Period in a sentence

  • During the Delayed Draw Term B Loan Availability Period, the Borrower may request, in accordance with this Section 2.5(a), draws of delayed draw term loans (the “Delayed Draw Term B Loans”, and together with the Delayed Draw Term A Loans, the “Delayed Draw Term Loans”) in an aggregate principal amount not to exceed the Delayed Draw Term B Loan Amount.

  • Subject to the terms and conditions of this Agreement, each Lender severally agrees to make one or more term loans to Borrowers during the Term B Loan Availability Period in an aggregate original principal amount not to exceed such Lender’s Term B Loan Commitment (each such term loan, a “Term B Loan”; each Term A Loan and each Term B Loan is hereinafter referred to singly as a “Term Loan” and the Term A Loans and the Term B Loans are hereinafter referred to collectively as the “Term Loans”).

  • All unused Term B Loan Commitments shall automatically and permanently terminate as of the end of the Term B Loan Availability Period.

  • That Term B Loan Unused Fee will be payable in arrears on the first Business Day of each month and on the earlier of the Termination Date or the last day of the Term B Loan Availability Period for any period then ending for which that Term B Loan Unused Fee has not have previously been paid.

  • Borrowers shall pay to Administrative Agent for the account of each Lender with a Term B Loan Commitment (except as provided in Section 2.5) an unused fee (the “Unused Fee”), for the period from the Closing Date to the earlier of (i) the Termination Date or (ii) the last day of the Term B Loan Availability Period, at the Unused Fee Rate in effect from time to time of that Lender’s Pro Rata Share (as adjusted from time to time) of the average daily unused amount of the Term B Loan Commitments.

  • Borrowers shall pay to Administrative Agent for the account of each Lender with a Term B Loan Commitment (except as provided in Section 2.5) an unused fee (the “Term B Loan Unused Fee”), for the period from the Closing Date to the earlier of (i) the Termination Date or (ii) the last day of the Term B Loan Availability Period, at the Unused Fee Rate in effect from time to time of that Lxxxxx’s Pro Rata Share (as adjusted from time to time) of the average daily unused amount of the Term B Loan Commitments.

  • The Undrawn Fee shall accrue at all times during the period from April 15, 2011 through the end of the Increase Term B Loan Availability Period, and shall be due and payable on the earlier of (i) the Increase Funding Effective Date, (ii) the expiration of the Increase Term B Loan Availability Period, and (iii) the Stated Term B Maturity Date.

  • That Unused Fee will be payable in arrears on the first Business Day of each month and on the earlier of the Termination Date or the last day of the Term B Loan Availability Period for any period then ending for which that Unused Fee has not have previously been paid.

  • The Borrower shall use, or cause its Subsidiaries to use, the proceeds of the Fourth Amendment Increase Amount during the Increase Term B Loan Availability Period for repurchase of the 11.375% Senior Discount Notes issued by Nexstar Finance Holdings, Inc.


More Definitions of Term B Loan Availability Period

Term B Loan Availability Period appearing in Section 1.1 of the Credit Agreement is hereby amended and restated as follows:
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Related to Term B Loan Availability Period

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

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

  • 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.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

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

  • 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.

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of (i) the principal amount of Revolving Loans and Swing Loans made and outstanding at such time and (ii) the LC Outstandings at such time.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Unused Revolving Commitment means, for any Lender at any time, the excess of (i) such Lender’s Revolving Commitment at such time over (ii) such Lender’s Revolving Facility Exposure at such time.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Unused Revolving Credit Commitment means, with respect to any Lender at any date of determination, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time plus (ii) such Lender’s Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(c) and outstanding at such time.

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).