Advance Closing Date definition
Examples of Advance Closing Date in a sentence
Without derogating from the generality of the foregoing, prior to the Advance Closing Date, the Company shall obtain the TASE Approval evidencing the consent of the TASE, to the listing of the Shares on the TASE.
Each Closing shall take place on the applicable Advance Closing Date.
Each Swing Line Advance shall mature on the fifth (5th) Business Day following the applicable Swing Line Advance Closing Date (at which time the entire principal balance and all accrued interest shall be due and payable); and (ii) If a Swing Line Advance is not paid in full when due and payable, Agent shall make a Revolving Advance in the amount necessary to repay outstanding principal and accrued interest.
If required by Agent, on any Advance Closing Date, Agent shall deposit out of the proceeds of an Advance in the Mortgage Recording Tax Escrow Account for the Borrower an amount for required Mortgage recording taxes calculated by the Title Agent that satisfy the requirements of Section 3.16 of this Agreement sufficient to create first Liens.
Agent shall have received copies of certificates of occupancy issued by the appropriate Governmental Authority of the jurisdiction in which the Property is located reflecting, and consistent with, the use of the Property as of the Advance Closing Date and evidence that the Property is in compliance with all applicable zoning laws, rules and regulations (which items may be satisfied through the delivery of a report from The Planning and Zoning Resource Corporation with respect to the Property).