Subsequent Drawdowns. If a Lender becomes a Non-Participating Lender, subsequent Drawdowns will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender's Individual Commitment Amount, until the Principal Amounts of the Lenders are again in proportion to their respective Rateable Portions prior to the Hostile Acquisition.
Subsequent Drawdowns. The obligation of the Lender to make available its Advance in respect of a Drawdown after the first Drawdown is subject to the fulfillment, as determined solely by the Lender and its counsel, of the following conditions precedent three (3) Banking Days (or such shorter period as the Lender may otherwise agree) prior to the date of such Drawdown (except as otherwise indicated below) and the continued fulfillment of such conditions on the date of such Drawdown:
Subsequent Drawdowns. After the drawdown of the first Advance, the obligation of the Lender to make any Advance under any of the Facility Agreements is subject only to:
Subsequent Drawdowns. If a Lender becomes a Non-Participating Lender, subsequent Drawdowns under the applicable Tranche will be funded first by the Non-Participating Lender rateably based on each Non-Participating Lender’s Individual Commitment Amount under such Tranche, until the Principal Amounts owed to the Lenders under such Tranche are again in proportion to their respective Rateable Portions prior to the Hostile Acquisition.
Subsequent Drawdowns. 6.2.3 Call Notices. ..
Subsequent Drawdowns. Each Partner also shall make additional contributions to the capital of the Partnership (“Subsequent Drawdowns”) in accordance with the remainder of this 6.2.
Subsequent Drawdowns. If a Lender is a Non-Participating Lender, subsequent Drawdowns under the Credit Facilities will be funded first by the Non-Participating Lenders rateably based on each Non-Participating Lender’s Individual Revolving Loan Commitment Amount or Individual Term Loan Commitment Amount, as applicable, until the Principal Amounts of all Lenders are again in proportion to their respective Rateable Portions.
Subsequent Drawdowns. During the Funding Qualification Period (as defined below), the Corporation may, from time to time, subject to a majority vote by the Board of Directors of the Corporation, require the Purchasers to purchase from the Corporation, subject to the satisfaction (or waiver) of the conditions set forth in Section 2 below, shares of Class A Common Stock and/or Class B Common Stock (allocated as set forth in this Section 1.4) in one or more drawdowns (each, a “Subsequent Drawdown”); provided, however, that in no event shall either Purchaser purchase shares of Common Stock at Drawdown Closings (as defined below), if any, for an aggregate purchase price in excess of the amount by which such Purchaser’s Maximum Dollar Investment exceeds such Purchaser’s Initial Closing Amount (such excess, such Purchaser’s “Committed Amount”). Each Purchaser’s Committed Amount is also set forth on the signature page of such Purchaser to this agreement. For purposes of this Agreement, the “Funding Qualification Period” shall mean the period beginning on the Initial Closing Date and ending on the earliest to occur of (i) the twelve (12)-month anniversary of the Initial Closing Date; provided, however, that such period shall be extended for an additional twelve (12)-month period to permit Subsequent Drawdowns solely in order to fund acquisitions by the Corporation or its Subsidiaries (as defined below) for which the Corporation or any such Subsidiary has entered into a definitive agreement or non-binding letter of intent or similar agreement during the initial twelve (12)-month period, and (ii) the date upon which the Subsequent Drawdowns pursuant to this Agreement have generated an aggregate amount of gross proceeds to the Corporation equal to the aggregate of the Purchasers’ Committed Amounts. For the avoidance of doubt, no Purchaser shall have any obligation to purchase any Common Stock hereunder after the Funding Qualification Period has expired, irrespective of whether such Purchaser has funded its Maximum Dollar Investment hereunder.
Subsequent Drawdowns. Following the first Drawdown, the Borrower may make subsequent drawdowns in order to finance all or part of the price to be paid (increased by the corresponding expenses and fees, and, where applicable, by the amount of the price to be paid for the acquisition of Xxxx Electronics Securities in a Squeeze Out by the Borrower for such additional Xxxx Electronics Securities as are acquired by the Borrower following the date on which the first Drawdown is made available, and in particular, in the event of an extension of the Tender Offer.
Subsequent Drawdowns. If a Lender is a Non-Participating Lender, subsequent Drawdowns under the Syndicated Facility will be funded first by the Non-Participating Lenders rateably based on each Non-Participating Lender’s Individual Syndicated Facility Commitment Amount, until the Aggregate Principal Amounts owed to the Lenders under the Syndicated Facility are again in proportion to their respective Rateable Portions.
