Final Funding Date definition
Examples of Final Funding Date in a sentence
The CEI Remaining Units were issued to the CEI Holder in accordance with the CEI Unit Purchase Agreement on the CEI Class B Final Funding Date.
As security for the Obligations, Debtor hereby pledges to Secured Party and grants to Secured Party, effective as of the Final Funding Date, a first-position security interest in all right, title, interest, claims and demands of Debtor in and to the property described in Schedule A hereto, and all replacements, proceeds, products, and accessions thereof (collectively, the “Collateral”).
Subject to the terms and conditions set forth herein, each Lender has severally agreed to (a) make one or more Loans on the Initial Funding Date upon the satisfaction or waiver of the conditions set forth in Section 4.02 and (b) make one or more Loans on the Final Funding Date upon the satisfaction or waiver of the conditions set forth in Section 4.03, in each case in Dollars, in an aggregate principal amount in the case of clauses (a) and (b) not to exceed its Commitment.
No Note Party shall, without the consent of Purchaser, which shall not be unreasonably withheld, conditioned or delayed, incur any Indebtedness not permitted by Section 6.1 or receive any Net Equity Proceeds in connection with a capital contribution to, or the issuance of any Capital Stock of, the Company or any of its Subsidiaries on or prior to the date that is 180 days after the Final Funding Date (as defined in the Agreement).
Subject to Section 3.05, funds on deposit in the Punchlist Retention Subaccount may be withdrawn by the Borrower at any time upon delivery to the Collateral Agent of an Executed Withdrawal/Transfer Certificate to be applied in payment of all costs in connection with completion of the Punchlist items to be completed under the EPC Contract after the Final Funding Date.