Second Funding Date definition

Second Funding Date means the date and time of the issuance and sale of the New Preferred Shares (as defined in the Securities Purchase Agreement) and the New Warrants (as defined in the Securities Purchase Agreement) in the Second Tranche (as defined in the Securities Purchase Agreement).
Second Funding Date means the Funding Date following the Initial Funding Date on which all conditions precedent specified in Sections 4.03 and 4.04 are satisfied, or such other date as may be requested by Borrower and approved by the Administrative Agent in its sole and absolute discretion.
Second Funding Date means the first date (if any) after the Effective Date on which all the conditions precedent in Section 3.03 are satisfied or waived in accordance with Section 9.05 and the Loans are made to the Borrower pursuant to Section 2.01.

Examples of Second Funding Date in a sentence

  • Subject to the satisfaction of the conditions precedent in Section 4.03 and the other terms and conditions set forth herein, the subsequent Borrowing on the Second Funding Date shall be in an aggregate amount not to exceed the then available Commitment on such date.

  • Within six months 22 after the Second Funding Date , Defendant shall deposit a third and final 23 payment of one-third of the Gross Settlement Amount into the QSF.

  • Upon the Second Funding Date, and except as to such rights or claims as may be created by this Settlement Agreement, each Participating Class Member, together and individually, on their behalf and on behalf of their respective heirs, executors, administrators, agents, and attorneys, shall fully and forever release and discharge all of the Released Parties, or any of them, from each of the Released Class Claims (defined in Paragraph 2.39 above) arising during the Class Period.

  • Upon the Second Funding Date, and except as to such rights or claims as may be created by this Settlement Agreement, each PAGA Employee, together and individually, on their behalf and on behalf of their respective heirs, executors, administrators, agents, and attorneys, shall fully and forever release and discharge all of the Released Parties, or any of them, from each of the Released PAGA Claims (as defined in Paragraph 2.40 above) during the PAGA Period.

  • Subject to the terms and conditions set forth herein, the Initial Lender agrees to make the Loans to the Borrower in two installments on the Funding Date and the Second Funding Date, respectively, in an aggregate principal amount not to exceed the Initial Lender’s Commitment.


More Definitions of Second Funding Date

Second Funding Date means such date, if any, during the third calendar quarter of 2000 that US Bank advances funds to NCMC pursuant to the Subordinated Loan Agreement.
Second Funding Date has the meaning specified in the Investment Agreement.
Second Funding Date means the date on which each Partner is required to make a Capital Contribution in the amount equal to the remaining 50% of its Capital Commitment pursuant to Section 5.2(a) .
Second Funding Date the date that each of the conditions precedent under Section 5.1 and Section 5.3 has been satisfied or waived in accordance with the terms of this Agreement.
Second Funding Date has the meaning set forth in Section 2.6A(a). -------------------
Second Funding Date has the meaning specified in Section 4.03.
Second Funding Date means the Business Day during the Second Availability Period as of which the Lenders advance the Second Loan. “Second Upfront Fee” means the relevant amount specified in the Fee and Ratio Letter.