Committed Draw Down Date definition

Committed Draw Down Date means the first day of trading of the Common Shares, following the Public Listing Date.
Committed Draw Down Date means the date specified in the first Committed Draw Down Notice delivered to the Purchaser by the Company following satisfaction of the conditions set forth in Section 5.04 (the “First Draw Down Date”), and thereafter, the date specified by the Company (each such date, a “Subsequent Draw Down Date”), in its sole discretion, in the Committed Draw Down Notice for each such Committed Draw Down.
Committed Draw Down Date means each of (I) the “First Draw Down Date” (which shall be a date determined by the Company that is no earlier than the 3rd Trading Day after the Registration Date and no later than the 5th Trading Day after the Registration Date), and (II) the “Second Draw Down Date” (which shall be a date determined by the Company that is no earlier than the 1st Trading Day following the end of the first Committed Draw Down Pricing Period and no later than the 5th Trading Day after the end of the first Committed Draw Down Pricing Period).

Examples of Committed Draw Down Date in a sentence

  • Subject to the provisions of this Section 6.03 and the conditions set forth in Section 5.04, on each Committed Draw Down Date, the Company may make a written request to the Purchaser (each, a “Committed Draw Down Notice”), for a Draw Down for an amount up to the Committed Draw Down Amount, it being understood that Purchaser shall have no obligation to fund any Committed Draw Down of the Company prior to the date the conditions set forth in Section 5.04 are satisfied.


More Definitions of Committed Draw Down Date

Committed Draw Down Date means each of (I) the “First Draw Down Date”, which shall be a date determined by the Company that is no later than the 5th Trading Day after the satisfaction of the conditions set forth in Section 5.04, (II) the “Second Draw Down Date”, which shall be a date determined by the Company that is no earlier than the 1st Trading Day following the end of the first Committed Draw Down Pricing Period and no later than the 5th Trading Day after the end of the first Committed Draw Down Pricing Period (or in the event there is no First Draw Down Date, no earlier than the 5th Trading Day after the satisfaction of the conditions set forth in Section 5.04), (III) the “Third Draw Down Date”, which shall be a date determined by the Company that is no earlier than the 1st Trading Day following the end of the second Committed Draw Down Pricing Period and no later than the 5th Trading Day after the end of the second Committed Draw Down Pricing Period (or in the event there is no Second Draw Down Date, the date which would have been the end of the second Committed Draw Down Pricing Period had the Draw Down Notice therefor been delivered on the 25th Trading Day after the satisfaction of the conditions set forth in Section 5.04), and (IV) the “Fourth Draw Down Date”, which shall be a date determined by the Company that is no earlier than the 1st Trading Day following the end of the third Committed Draw Down Pricing Period and no later than the 5th Trading Day after the end of the third Committed Draw Down Pricing Period (or in the event there is no Third Draw Down Date, the date which would have been the end of the third Committed Draw Down Pricing Period had the Draw Down Notice therefor been delivered on the 45th Trading Day after the satisfaction of the conditions set forth in Section 5.04).
Committed Draw Down Date shall be, collectively, (I) the “First Draw Down Date” (which shall be a date determined by the Company that is no earlier than the 5th Trading Day after the Public Listing Date), (II) the “Second Draw Down Date” (which shall be a date determined by the Company that is no earlier than the 25th Trading Day after the Public Listing

Related to Committed Draw Down Date

  • Commitment Date has the meaning specified in Section 2.18(b).

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Availability Date means the day after the end of the fourth fiscal quarter following the fiscal quarter that includes such Effective Time on which the Company is required to file its Form 10-Q for such fiscal quarter except that, if such fourth fiscal quarter is the last quarter of the Company’s fiscal year, “Availability Date” means the day after the end of such fourth fiscal quarter on which the Company is required to file its Form 10-K.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Delayed Draw Funding Date means any date on which the Delayed Draw Term Loans are funded hereunder, which shall in no event be later than the Delayed Draw Term Loan Commitment Termination Date.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Revolving Loan Maturity Date means April 15, 2012, unless extended by Lender pursuant to any modification, extension or renewal note executed by Borrowers and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Draw Date means, with respect to any Insured Distribution Date, the third Business Day immediately preceding such Insured Distribution Date.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;