AT END OF AVAILABILITY PERIOD Sample Clauses

The "At End of Availability Period" clause defines what happens when a specified availability period for a product, service, or funding comes to an end. Typically, this clause outlines the obligations of the parties, such as returning unused funds, ceasing access to a service, or finalizing outstanding transactions. For example, in a loan agreement, it may specify that no further drawdowns are permitted after the availability period expires. Its core function is to provide clarity and certainty regarding the rights and responsibilities of the parties once the agreed period of availability concludes, thereby preventing disputes and ensuring orderly closure of the arrangement.
AT END OF AVAILABILITY PERIOD. At the close of business (Melbourne time) on the last day of the Availability Period the Commitment will be cancelled. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LOAN AGREEMENT & HEDDERWICKS -------------------------------------------------------------------------------
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AT END OF AVAILABILITY PERIOD. At the close of business on the last day of the Availability Period the Commitment will be cancelled.
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AT END OF AVAILABILITY PERIOD. Any part of a Facility which remains undrawn at the end of the Availability Period of that Facility shall be cancelled and the relevant Facility Amount shall be reduced by the undrawn amount.
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AT END OF AVAILABILITY PERIOD. At 4:00 pm (Melbourne time) on the last day of the Availability Period for a Facility, the Undrawn Commitments of the Participants and the Working Capital Facility Provider in respect of that Facility will be cancelled.
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AT END OF AVAILABILITY PERIOD. At the close of business (Melbourne time) on the last day of the Availability Period for each Tranche the Undrawn Commitment for that Tranche will be permanently cancelled.
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AT END OF AVAILABILITY PERIOD. At the close of business (Melbourne time) on the last day of the Availability Period the Undrawn Commitments of the Participants will be cancelled.
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AT END OF AVAILABILITY PERIOD. All the Commitments for a Facility will be cancelled automatically at the close of business (Sydney time) on the last day of the Availability Period for that Facility.
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Related to AT END OF AVAILABILITY PERIOD

  • Availability Period The Line of Credit is available between the date of this Agreement and [October 1, 2008,] or such earlier date as the availability may terminate as provided in this Agreement (the "Expiration Date").

  • Benchmark Unavailability Period Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any pending request for a SOFR Borrowing of, conversion to or continuation of SOFR Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any such request into a request for a Borrowing of or conversion to Base Rate Loans. During a Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of Base Rate based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of Base Rate.

  • RDDS availability Refers to the ability of all the RDDS services for the TLD, to respond to queries from an Internet user with appropriate data from the relevant Registry System. If 51% or more of the RDDS testing probes see any of the RDDS services as unavailable during a given time, the RDDS will be considered unavailable.

  • Funds Availability For determining the availability of your deposits, every day is a business day except Saturdays, Sundays, federal holidays and legal banking holidays in the State of Utah.

  • FUNDS AVAILABILITY POLICY Our policy is to make funds from your cash and check deposits available to you on the first (1st) business day after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once deposited funds are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we do not own or operate will not be available until the fifth (5th) business day after the day of your deposit. This rule does not apply at ATMs that we own or operate (proprietary ATMs). All ATMs that we own or operate are identified as our machines. Funds from any deposits (cash or checks) made at proprietary ATMs may not be available until the second (2nd) business day after the day of your deposit. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 6:00 p.m. Pacific Standard Time on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 6:00 p.m. Pacific Standard Time, or on a day we are not open, we will consider that the deposit was made on the next business day we are open. In some cases, we will not make all of the funds that you deposit by check available to you on the first (1st) business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the fifth (5th) business day after the day of your deposit. However, the first $225 of your deposits will be available on the first (1st) business day after the day of your deposit. If we are not going to make all of the funds from your deposit available on the first (1st) business day after the day of your deposit, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice or electronically deliver the notice, if you have agreed to receive notices from us in an electronic format, by the business day after we receive your deposit. If you will need the funds from a deposit immediately, you should ask us when the funds will be available. In addition, funds you deposit by check may be delayed for a longer period under the following circumstances: 1. We believe a check you deposit will not be paid. 2. You deposit checks totaling more than $5,000 on any one day. 3. You redeposit a check that has been returned unpaid. 4. You have overdrawn your account repeatedly in the last six (6) months. 5. There is an emergency, such as failure of communications or computer equipment. We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh (7th) business day after the day of your deposit.