Examples of Term Commitment Period in a sentence
The ATM CRS UNI Port With Access Line Connection and UNI Port Only Connection rate elements are available under a Term Commitment Period.
Users subscribing to this option will select a Term Commitment Period and a Monthly Revenue Commitment.
Each Term Loan of each Term Lender shall mature in 19 consecutive quarterly installments, each of which shall be in an amount equal to the product of such Lender’s Term Percentage, as applicable, multiplied by (i) the Amortization Percentage set forth below opposite such installment and (ii) the initial principal amount of the Term Loans borrowed during the Term Commitment Period.
The Administrative Agent shall notify the Lenders promptly upon receipt of the Borrowers’ notice of each Increased Amount Date and in respect thereof (y) the Incremental Commitments and the New Lenders, and (z) in the case of each notice during the Delayed Draw Term Commitment Period, the respective interests in such Delayed Draw Term Lender’s Delayed Draw Term Loans, in each case subject to the assignments contemplated by this paragraph.
Accrued Ticking Fees shall be payable in arrears on the first day of each calendar quarter (for the preceding quarter) and on the last day of the Term Commitment Period, commencing on the first day of the calendar quarter after the Ticking Fee Commencement Date.