Tranche A Availability Termination Date definition
Examples of Tranche A Availability Termination Date in a sentence
A prorated portion of such fee shall be payable by the Borrower in arrears on each Quarterly Payment Date, and on the earlier of the Tranche A Availability Termination Date or the Tranche A Commitment Termination Date for any period then ending for which such fee shall not theretofore have been paid, commencing on the first such date after the issuance of such Letter of Credit.
The Borrower shall repay in full the unpaid principal amount of each Tranche A Loan, and each Tranche A Loan shall mature and be due and payable, on the Tranche A Availability Termination Date; provided, however, that if no Event of Default has occurred and is continuing, the unpaid principal amount of the Tranche A Loans shall, on the Tranche A Availability Termination Date and in response to a Borrowing Request delivered to the Lender, not be due and payable but shall convert to term Loans.
Accrued unused fees shall be payable in arrears on each Quarterly Payment Date and on the earlier of the Commitment Termination Date or the Tranche A Availability Termination Date.
A prorated portion of such fee shall be payable by the Borrowers in arrears on each Quarterly Payment Date, and on the earlier of the Tranche A Availability Termination Date and the Tranche A Commitment Termination Date for any period then ending for which such fee shall not theretofore have been paid, commencing on the first such date after the issuance of such Letter of Credit.
From time to time on any Business Day during the period from and after the Effective Date to the earlier to occur of (x) Tranche A Availability Termination Date and (y) any Commitment Termination Date relating to all Commitments or to the Tranche A Commitment, each Lender will make Tranche A Loans to the Borrowers equal to the amount of the Tranche A Loan requested by the Borrowers, subject to the limitations in this Section 2.1, to be made on such day in the applicable Borrowing Request therefor.
From time to time on any Business Day during the period from and after the Effective Date to the earlier to occur of (x) Tranche A Availability Termination Date and (y) any Commitment Termination Date relating to all Commitments or to the Tranche A Commitment, the Lender will make Tranche A Loans to the Borrowers equal to the amount of the Tranche A Loan requested by the Borrowers to be made on such day in the applicable Borrowing Request therefor.
Upon the expiration of any Letter of Credit, the Borrower may re-use any portion of the Letter of Credit Availability for the issuance of new Letters of Credit prior to the earlier to occur of the Tranche A Availability Termination Date or the Tranche A Commitment Termination Date.
The Borrower shall repay in full the unpaid principal amount of each Tranche A Loan, and each Tranche A Loan shall mature and be due and payable, on the Tranche A Availability Termination Date; PROVIDED, HOWEVER, that, as provided in SECTION 2.1.1(b), if no Event of Default has occurred and is continuing, the unpaid principal amount of the Tranche A Loans shall, on the Tranche A Availability Termination Date, not be due and payable but shall convert to a Term Loan.
So long as no Default has occurred and is continuing, by delivery to the Issuer of an Issuance Request at least three (3) but not more than ten (10) Business Days prior to the Stated Expiry Date of any Letter of Credit, the Borrower may request the Issuer to extend the Stated Expiry Date of such Letter of Credit for an additional period not to exceed the earlier of one (1) year from its date of extension, the Tranche A Availability Termination Date or the Tranche A Commitment Termination Date.