Definition of Term Loan Availability Termination Date


Term Loan Availability Termination Date means the first to occur of: (a) March 3, 2016 and (b) the date on which the Term Loan Commitments are terminated or reduced to zero in accordance with this Supplement and the Supplemented Credit Agreement.
Sample 1 Sample 2


Term Loan Availability Termination Date means June 15, 2015.
Sample 1

Examples of Term Loan Availability Termination Date in a sentence

Accrued Term Loan Commitment Commission shall be due and payable quarterly in arrears on each Quarterly Payment Date and on the Term Loan Availability Termination Date or such earlier date upon which the Total Term Loan Commitment is terminated.
Such fee shall be computed on a daily basis and payable monthly in arrears on the first day of each month during the Term Loan Availability Period and on the Term Loan Availability Termination Date.
Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15.(b), each Term Loan Lender severally and not jointly agrees to make Term Loans in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Term Loan Availability Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, such Lenders Term Loan Commitment.
Notwithstanding the foregoing, if the entirety of the Term Loan Commitment has not been drawn on or before the Term Loan Availability Termination Date and no Event of Default then exists and is continuing, then the Borrower shall be obligated and required to borrow the entire remaining amount of undrawn Term Loan Commitments of all Lenders on the Term Loan Availability Termination Date.
All Term Facility 1 Commitments of the Term Facility 1 Lenders shall terminate on the Term Loan Availability Termination Date if not previously terminated pursuant hereto.