Term Loan Availability Period means the period beginning on the Closing Date and ending on April 5, 2016.
Examples of Term Loan Availability Period in a sentence
Term Commitment" means, with respect to each Lender, the commitment, if any, of such Lender to make Term Loans hereunder during the Term Loan Availability Period, expressed as an amount representing the maximum principal amount of the Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.04.
The Tranche A Term Loan will be available only during the Tranche A Term Loan Availability Period.
Subject to the terms and conditions set forth in this Agreement, each Term Loan Lender severally agrees to make one (1) advance to Borrower (a "Term Loan") in Dollars during the Term Loan Availability Period in such Term Loan Lender's Pro Rata Share of the Term Loan amount requested in an aggregate amount not to exceed the amount of the Term Loan Commitment.
The Borrower further agrees to pay to the Administrative Agent for the account of each Term B 1 Lender a commitment fee, which shall accrue at a rate per annum equal to 0.5% on the daily average unused amount of the respective Term Bi Loan Commitment of such Lender during the period from and including the Effective Date to but excluding the last day of the Term Loan Availability Period.
All outstanding Commitments shall terminate (i) in the case of the Initial Term Loan Facility, on the last day of the Term Loan Availability Period (after giving effect to any Borrowing occurring on such date), (ii) in the case of the Additional Term Loan Facility, on the Amendment No.