Term B Availability Period definition

Term B Availability Period means the period from and including the Effective Date to the earliest of (a) December 31, 2022, (b) the date of termination of the Term B Commitments pursuant to Section 2.04 and (c) the date of termination of the Term B Commitments pursuant to Section 9.02.
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Term B Availability Period means the period from the date hereof to and including the earlier of (a) thirty-six months from the date hereof and (b) the first Business Day on which the Available Term B Commitment of each of the Banks is zero.
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Term B Availability Period set forth in Section 13.1 of the Loan Agreement hereby is amended and restated in its entirety and replaced with the following: “Term B Availability Period” is the period of time commencing on the date [***] for Ensifentrine, through and including September 30, 2022.
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Examples of Term B Availability Period in a sentence

  • The Term B Commitments shall be automatically and permanently reduced to zero on the date that the Term B Availability Period shall end.

  • Subject to the terms and conditions set forth herein, each Term B ▇▇▇▇▇▇ severally agrees to make a single loan to the Borrower, in Dollars on any Business Day during the Term B Availability Period, in an aggregate amount not to exceed such Term B Lender’s Term B Commitment.

  • The Borrower may, upon notice to the Administrative Agent, (i) during the Term B Availability Period terminate in full or reduce the Term B Commitments and (ii) following the establishment of the Term C Facility pursuant to Section 2.13, during the Term C Availability Period terminate in full or reduce the Term C Commitments; provided, that any such notice shall be received by the Administrative Agent not later than 11:00 a.m. five (5) Business Days prior to the date of termination or reduction.

  • The Borrower may, upon written notice to the Administrative Agent during (i) the Term B Availability Period, terminate in full the Term B Commitments or (ii) the Term C Availability Period, terminate in full the Term C Commitments; provided, that: any such notice shall be received by the Administrative Agent not later than 9:00 a.m. five (5) Business Days prior to the date of termination.

  • In addition, on the last day of the Initial Term B Availability Period (after giving effect to any incurrence of Initial Term B Loans on such day), the Initial Term B Loan Commitment of each Initial Term B Lender shall terminate (to the extent not theretofore terminated).

  • The full amount of the Initial Term B Loan Commitments may be drawn in three separate drawings during the Initial Term B Availability Period.

  • The Delayed Draw Term A Commitments shall terminate automatically on the earlier of (a) the applicable Delayed Draw Term A Loan Funding Date immediately after the making of Delayed Draw Term A Loans in an aggregate principal amount equal to the total Delayed Draw Term A Commitments and (b) the end of the Delayed Draw Term A and Term B Availability Period.

  • Subject to the terms and conditions set forth herein, each Delayed Draw Term B Holder agrees to make Delayed Draw Term B Loans to the Company in an aggregate principal amount equal to the full amount of its Delayed Draw Term B Commitment in a single drawing during the Delayed Draw Term A and Term B Availability Period.

  • The Borrower may, upon notice to the Administrative Agent, (i) during the Term B Availability Period terminate in full the Term B Commitments and (ii) during the Term C Availability Period terminate in full the Term C Commitments; provided, that: any such notice shall be received by the Administrative Agent not later than 11:00 a.m. three (3) Business Days prior to the date of termination or reduction.

  • Details of the Bank's Available Term Commitment should not be completed after the last day of the Term A Availability Period or Term B Availability Period as the case may be.


More Definitions of Term B Availability Period

Term B Availability Period set forth in Section 13.1 of the Loan Agreement hereby is amended and restated in its entirety and replaced with the following: “Term B Availability Period” is the period of time commencing on the date Borrower publishes a press release that states that it has received positive Enhance 2 pivotal data for Ensifentrine, through and including September 30, 2022. DocuSign Envelope ID: 9FF3261D-0D20-412B-884B-4C5114DC38A9
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Term B Availability Period means the period from the date hereof to and including 30 September 2004;
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Term B Availability Period is the period of time commencing on the date [***] for Ensifentrine, through and including June 30, 2022.
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Term B Availability Period is the period of time commencing on the date Borrower publishes a press release that states that it has received positive Enhance 2 pivotal data for Ensifentrine, through and including September 30, 2022. DocuSign Envelope ID: 9FF3261D-0D20-412B-884B-4C5114DC38A9
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Related to Term B Availability Period

  • Availability Period means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date of termination of the Commitments.