Drawdown Notice Date definition

Drawdown Notice Date means each date the Company delivers (in accordance with Section 2.2(b) of this Agreement) to the Investor a Drawdown Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Drawdown Notice Date shall be less than five (5) Trading Days after the prior Drawdown Notice Date.
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Drawdown Notice Date shall have the meaning specified in Section 2.2.
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Drawdown Notice Date means the Trading Day, as set forth below, on which the Investor receives a Drawdown Notice, however a Drawdown Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 12:00 pm Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 12:00 pm Eastern Time on a Trading Day. No Drawdown Notice may be deemed delivered on a day that is not a Trading Day.
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Examples of Drawdown Notice Date in a sentence

  • There shall be a minimum of five (5) Trading Days between each Drawdown Notice Date.

  • The Registration Statement must have been declared effective by the SEC prior to the first Drawdown Notice Date.

  • Such Drawdown Notice Dilution Shares shall be issued at the Investor’s option either: (i) at the next subsequent Drawdown Notice Date pursuant to a Drawdown Notice delivered by the Company, or (ii) in the event that more than ten (10) Business Days have passed since the last Drawdown Notice Date or the relevant Dilutive Issuance, within three (3) Business Days following delivery to the Company by Investor of Investor’s invoice requesting issuance of the relevant Drawdown Notice Dilution Shares.

  • On a Drawdown Notice Date, the Company shall deliver to the Investor’s brokerage account an estimated number of shares of Common Stock, rounded down to the nearest whole share, equal to the Advance Request indicated in the applicable Drawdown Notice divided by the Bid Price on the Trading Day immediately preceding the Drawdown Notice Date, multiplied by two hundred percent (200%) (the “Estimated Advance Shares”).

  • Unless the parties agree in writing otherwise, there shall be a minimum of five (5) Trading Days between a Closing Date and a subsequent Drawdown Notice Date.

  • For purposes of the foregoing provision, the number of shares available under a Registration Statement shall be deemed “insufficient to cover all of the Registrable Securities” if at any time the number of Registrable Securities issuable on a Drawdown Notice Date and an Advance Shares True-Up Date is greater than the number of shares available for resale under such Registration Statement.

  • This may ultimately delay any applicable Drawdown Notice Date, Clearing Date, Advance Share True-Up Date, and Closing Date related to a Drawdown Notice.

  • Upon effectiveness of the Registration Statement the Company shall deliver instructions to its transfer agent to issue shares of Common Stock to the Investor free of restrictive legends for any Advance Shares on each Drawdown Notice Date and each Advance Shares True-Up Date subject to the terms, conditions, and limitations of this Agreement.

  • Each Drawdown Notice shall include a representation by the Company as to the number of shares of Common Stock outstanding as of the last day of the calendar month immediately preceding the related Drawdown Notice Date.

  • The Company and the Lender each make the representations as set out in this Section 10.1 and Section 10.2, respectively, to the Lender and the Company, respectively, on and as of the Effective Date, any Drawdown Notice Date, any Conversion Closing Date and as of any Interest Payment Date.


More Definitions of Drawdown Notice Date

Drawdown Notice Date means any Trading Day during the Commitment Period that the Company provides (in accordance with and deemed delivered pursuant to Section 2.2(d) of this Agreement) to the Investor a Drawdown Notice requesting the Investor to advance funds to the Company at Closing subject to the terms, conditions, and limitations of this Agreement.
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Drawdown Notice Date means each date on which the Purchaser receives a Drawdown Notice.
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Related to Drawdown Notice Date

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Advance Notice Date means each date the Company delivers to the Investor an Advance Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Advance Notice Date shall be less than seven (7) Trading Days after the prior Advance Notice Date.

  • Drawdown means the drawdown of a Tranche under the Loan Facility;

  • Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;

  • Draw Down Notice shall have the meaning assigned to such term in Section 5.1(f) hereof.

  • Put Notice Date means the Trading Day, as set forth below, immediately following the day on which the Investor receives a Put Notice, however a Put Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 9:00 am Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 9:00 am Eastern Time on a Trading Day. No Put Notice may be deemed delivered on a day that is not a Trading Day.

  • Notice Date has the meaning specified in Section 2.10.

  • Drawdown Date means, in relation to each Advance, any date being a Banking Day falling during the relevant Drawdown Period, on which the relevant Advance is, or is to be, made available;

  • Issuance Notice Date means any Trading Day during the Agency Period that an Issuance Notice is delivered pursuant to Section 3(b)(i).

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Notice of Drawdown means a notice substantially in the form set out in Schedule 4 (Notice of Drawdown).

  • Advance Notice means a written notice to the Investor setting forth the Advance amount that the Company requests from the Investor and the Advance Date.

  • Advance Date means the funding date of any Advance.

  • Transfer Notice Date has the meaning given to it in Section 2.06.

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

  • Request Date means each Comfort Letter Request Date, each Officer’s Certificate Request Date and each Opinion Request Date.

  • Initial Advance means the first Advance made pursuant to Article II.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Take-Down Notice shall have the meaning set forth in Section 4(c) hereof.

  • Underwritten Shelf Take-Down Notice has the meaning set forth in Section 2.02(e).

  • Credit Event Resolution Request Date means, with respect to a notice to ISDA requesting that a Credit Derivatives Determinations Committee be convened to resolve:

  • Borrowing Notice is defined in Section 2.8.

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.