Availment Options Sample Clauses

Availment Options. Subject to the restrictions contained in this Agreement (and in particular, sections 5.02 and 5.03), the Borrower may receive Advances under Facility A from each Lender by any one or more of the following Availment Options (or any combination thereof):
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Availment Options. (a) Subject to the restrictions contained in this Agreement (and in particular, Sections 5.02 and 5.03) each Canadian Borrower may receive Advances under Facility B by any one or more of the following Availment Options (or any combination thereof):
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Availment Options. Subject to the restrictions contained in this Article II and the exceptions indicated below, the Borrower may receive Advances under Facility A from BMO by any one or more of the following Availment Options (or any combination thereof):
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Availment Options. (a) Subject to the restrictions contained in this Agreement (and in particular, Sections 7.02 and 7.03) Acquireco may receive Advances under Facility D by any one or more of the following Availment Options (or any combination thereof):
Sample 1
Availment Options. On the Effective Date, any undrawn Commitment under the Facility (after giving effect to the assumption and continuance of all of the Borrower's debts, liabilities and obligations under the Prior Credit Agreement and the other Loan Documents (as defined in the Prior Credit Agreement) pursuant to the Master Assignment Agreement) will be automatically cancelled and no further Drawdowns will be made. Following the Effective Date, at the option of the Borrower, the Facility may be used by requesting Conversions and Rollovers of outstanding Loans under the Facility in accordance with the terms hereof, provided that, subject to Section 6.1, at no time shall the Equivalent Amount in Cdn. Dollars of the Outstanding Principal under the Facility exceed the Facility Limit.
Sample 1
Availment Options. At the option of the Borrowers, the Facility may be used by requesting Prime Rate Advances, US Base Rate Advances, LIBOR Advances, BA Advances or Letter of Credit Advances from the Applicable Lenders or the Operating Lender, as the case may be, or by requesting BA Equivalent Loans from the Non BA Lenders. At the option of SEL, Prime Rate Advances and US Base Rate Advances under the Working Capital Tranche are also available by way of Overdraft without notice. Each Advance under the Working Capital Tranche by way of Overdraft in Canadian Dollars shall automatically be deemed to be a Prime Rate Advance, and each Advance under the Working Capital Tranche by way of Overdraft in US Dollars shall automatically be deemed to be a US Base Rate Advance. SEL covenants and agrees not to effect any Overdraft hereunder which would cause the Outstanding Principal under the Working Capital Tranche to exceed the Working Capital Tranche Limit at any time, and acknowledges that the Operating Lender reserves the right to refuse to honour any Overdraft hereunder which, in the opinion of the Operating Lender, would have the effect of causing the Working Capital Tranche Limit to be so exceeded. The Operating Lender shall monitor the Working Capital Tranche for the purpose of identifying any excess Indebtedness thereunder beyond the Working Capital Tranche Limit and, upon the Operating Lender becoming aware of any such excess Indebtedness under the Working Capital Tranche in any amount which exceeds the Working Capital Tranche Limit, the Operating Lender shall forthwith provide notice to SEL to repay the amount of any such excess, whereupon SEL shall forthwith after receiving notice thereof repay the amount of any such excess.
Sample 1
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Availment Options. (a) Upon the terms and conditions of this Agreement and specifically subject to Paragraphs (c), (d) and (e) hereof, each Cineplex Bank agrees to provide its Bank's Proportion under the Cineplex Supplemental Credit. The Cineplex Supplemental Credit may be used by Cineplex, either (i) by requesting a Prime Rate Borrowing, (ii) by requesting a Base Rate Borrowing, (iii) by requesting a LIBO Borrowing, (iv) by presenting drafts for acceptance as Bankers' Acceptances or (v) any combination thereof.
Sample 1
Availment Options. Upon the terms and conditions of this Agreement, each Lender agrees to provide its Lender's Proportion of the Available Commitment for the use of the Borrower. The Credit may be used by the Borrower by either (i) requesting a Prime Rate Borrowing, (ii) requesting a Base Rate Borrowing, (iii) requesting one or more LIBO Borrowings, (iv) presenting drafts for acceptance as Bankers' Acceptances, or (v) any combination thereof.
Sample 1

Related to Availment Options

  • Payment Options The exercise price shall be paid by one or any combination of the following forms of payment that are applicable to this option, as indicated on the cover page hereof:

  • Investment Options You may direct the investment of your funds within this IRA into any investment instrument offered by or through the Custodian. The Custodian will not exercise any investment discretion regarding your IRA, as this is solely your responsibility. FEES There are certain fees and charges connected with your IRA investments. These fees and charges may include the following. • Sales Commissions • Set Up Fees • Investment Management Fees • Annual Maintenance Fees • Distribution Fees • Surrender or Termination Fees To find out what fees apply, refer to the investment prospectus or contract. There may be certain fees and charges connected with the IRA itself. (Select and complete as applicable.) Annual Custodial Service Fee* $ No Charge Overnight Distribution $ 16.50 Wire Fee $ 12.50 Transfer Out Fee $ The greater of $100.00 or $25.00 per position Other (Explain) We reserve the right to change any of the above fees after notice to you, as provided in your IRA agreement. *The annual custodial fee will be borne by your Investment Advisor.

  • SETTLEMENT OPTION The undersigned Existing Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and having 100% of the outstanding principal amount of the Original Initial Term Loans held by such Existing Term Lender repaid on the Fourth Amendment Effective Date and to purchase by assignment Tranche B Term Loans in a like principal amount. By choosing this option, each undersigned Existing Term Lender hereby acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to allocate Tranche B Term Loans to such Existing Term Lender or to allocate less than 100% of the principal amount of such Existing Term Lender’s Original Initial Term Loans in Tranche B Term Loans. Highbridge Loan Management 5-2015, Ltd. By: HPS Investment Partners, LLC As the Collateral Manager By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Senior Vice President If a second signature is necessary: By: Name: Title: Name of Fund Manager (if any): HPS Investment Partners, LLC Exhibit A [Form of Lender Signature Page to Amendment] The undersigned, a Lender holding Original Initial Term Loans (“you”), hereby consents to the Fourth Amendment to that certain First Lien Credit Agreement, dated as of August 20, 2015 (as amended, amended and restated, supplemented or otherwise modified prior to the date hereof, including by an Increase Supplement dated as of November 30, 2015, by the First Amendment to First Lien Credit Agreement dated as of November 30, 2015, by an Increase Supplement dated as of October 5, 2016, by the Second Amendment to First Lien Credit Agreement dated as of October 5, 2016, by an Increase Supplement dated as of January, 31, 2017 and by the Third Amendment to First Lien Credit Agreement dated as of January, 31, 2017, the “Existing First Lien Credit Agreement”), among LBM BORROWER, LLC, a Delaware limited liability company (the “Borrower”), LBM MIDCO, LLC, a Delaware limited liability company (“Holding”), the Lenders party hereto and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent (in such capacity, the “Administrative Agent”) and as Collateral Agent (in such capacity, the “Collateral Agent”) and the Lenders party thereto, which is proposed to be dated on or around August, 14 2017 and to be entered into among the Borrower, Holding, the several banks and financial institutions parties thereto as Lenders and the Administrative Agent (the “Amendment”) and to the attachment of this Existing Term Lender Signature Page to the Amendment. Capitalized terms used and not otherwise defined herein shall have the respective meanings given to such terms in the Amendment or the Existing First Lien Credit Agreement, as applicable. If you are an Existing Term Lender, you, if and only if you indicate below, hereby irrevocably and unconditionally approve of, and consent to, the Amendment, and to the attachment of this Lender Signature Page to the Amendment, and hereby agree that all parties to the Amendment are express third party beneficiaries of this Existing Term Lender Signature Page to the Amendment and hereby further agree as follows: [Check ONLY ONE of the two boxes below] x CASHLESS ROLLOVER OPTION Each undersigned Existing Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Original Initial Term Loans held by such Existing Term Lender for a Tranche B Term Loan in a like principal amount. By choosing this option, each undersigned Existing Term Lender hereby (i) acknowledges and agrees that the Administrative Agent may, in its sole discretion, elect not to exchange any amount of such Existing Term Lender’s Original Initial Term Loans for Tranche B Term Loans or to exchange (on a cashless basis) less than 100% of the principal amount of such Existing Term Lender’s Original Initial Term Loans for Tranche B Term Loans, in which case the difference between the current principal amount of such Existing Term Lender’s Original Initial Term Loans and the allocated principal amount of Tranche B Term Loans will be prepaid on, and subject to the occurrence of, the Fourth Amendment Effective Date and (ii) agrees to the terms of the “Cashless Roll Letter” posted on or around the date hereof to each Existing Term Lender and shall be a party to such “Cashless Roll Letter”, and be bound thereby, for all purposes hereof and thereof.

  • Interest Options From the date each Loan is made, based upon the election of Borrower, at such time and from time to time thereafter (as provided in Subsection 1.3 and subject to the conditions set forth in such Subsection and Subsection 1.2(G)), each such Loan shall accrue interest as follows:

  • Account Options (a) Broker/Dealer may appoint the Transfer Agent as Broker/Dealer’s agent to execute customers' transactions in a Fund’s shares sold to Broker/Dealer by the Distributor in accordance with the terms and provisions of any account, program, plan, or service established or used by Broker/Dealer’s customers and to confirm each such transaction to Broker/Dealer’s customers on Broker/Dealer’s behalf, and at the time of the transaction, Broker/Dealer guarantees the legal capacity of its customers so transacting in such Fund shares and any co-owners of such Fund shares.

  • Additional Options The NYS Contract Price for Additional Options offered under the Contract in accordance with Section III.2.7 Additional Options, shall be the Additional Options NYS Discount listed on the Contract Pricelist, or higher, applied to the MSRP on the current OEM Data Book or Contractor-Published Pricelist, as applicable. See Section III.1.2

  • Method of Exercising Options (i) The Option may be exercised by giving written notice, in form substantially as set forth in the Company's Stock Option Exercise Form, to the Company at its principal office, specifying the number of Option Shares to be purchased and accompanied by payment in full of the aggregate purchase price for such Option Shares. Only full shares shall be delivered and any fractional share which might otherwise be deliverable upon exercise of the Option shall be forfeited.

  • ANNUITY PAYMENT OPTIONS a. Life Annuity / Life Annuity with Certain Period -- Fixed and/or Variable Annuity Payments will be made for the lifetime of the Annuitant with no Certain Period, or life and a 10 year Certain Period, or life and a 20 year Certain Period.

  • Share Options With respect to the share options (the “Share Options”) granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Option intended to qualify as an “incentive stock option” under Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), so qualifies, (ii) each grant of a Share Option was duly authorized no later than the date on which the grant of such Share Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Share Plans, the Exchange Act, and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”), and (iv) each such grant was properly accounted for in accordance with IFRS in the financial statements (including the related notes) of the Company. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Share Options prior to, or otherwise coordinating the grant of Share Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Call Options (a) If the Executive's employment with the Company or any of its subsidiaries terminates for any of the reasons set forth in clauses (i), (ii) or (iii) below prior to a Sale of the Company, or if the Executive engages in Competitive Activity (as defined in Section 9.1 of this Agreement), for any Units issued 181 days or more prior to the date of Executive's termination of employment or engagement in Competitive Activity, within 120 days after such date (or in the case of Units issued 180 days or less prior to such date or at any time after such date, no earlier than 181 days and no later than 271 days after the date of issuance of such Units), Dairy Holdings shall have the right and option to purchase, and the Executive and the Executive's Permitted Transferees (hereinafter referred to as the "Executive Group") shall be required to sell to Dairy Holdings, any or all of such Units then held by such member of the Executive Group (it being understood that if Units of any class subject to repurchase hereunder may be repurchased at different prices, Dairy Holdings may elect to repurchase only the portion of the Units of such class subject to repurchase hereunder at the lower price), at a price per unit equal to the applicable purchase price determined pursuant to Section 7.2(c):

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