First Borrowing Date definition

First Borrowing Date means the date of the first Borrowing hereunder.

First Borrowing Date means August 15, 2013.

First Borrowing Date the first date on which an Advance is made.

Examples of First Borrowing Date in a sentence

• All action necessary or desirable to protect and perfect such security interest in each item of the Collateral will have been duly taken prior to the First Borrowing Date.

• No event has occurred and is continuing and no condition exists which constitutes a Default or an Event of Default after giving effect to the Advance to be made on the First Borrowing Date.

• Each Lender has severally, on and subject to the terms and conditions of this Agreement, made a term loan of $50,000,000 in aggregate principal amount to the Borrower on the First Borrowing Date in accordance with such Lender’s Proportionate Share of such Loan.

• Both average real individual income and average real household income, and many of the labour market status variables reveal similar patterns.

• A payoff letter providing that (A) the Hercules Term Loan Agreement shall be terminated and all loans and obligations thereunder repaid in full as of the First Borrowing Date upon the funding of the Loans on such Borrowing Date, and (B) all Liens in favor of the secured parties under the Hercules Term Loan Agreement shall be released on such Borrowing Date or promptly thereafter with the filing of release documents and UCC termination statements.

More Definitions of First Borrowing Date

First Borrowing Date either a Tranche 1 or Tranche 2 First Borrowing Date.

First Borrowing Date the date of the first borrowing by a Borrower -------------------- hereunder.

First Borrowing Date means November 4, 2014.

First Borrowing Date means the date, which shall be a Business Day, on which each condition precedent set forth in Section 4.02 shall have been satisfied or otherwise waived, in each case as determined by Lender in its sole discretion.

First Borrowing Date means October 20, 2004.

First Borrowing Date either a Tranche 1, Tranche 2, Tranche 3 or Tranche 4 First -------------------- Borrowing Date.

First Borrowing Date the first date on which any Loan is extended or any Letter of Credit Obligations is incurred by Lenders hereunder.