FLT Loan Funding Date definition

FLT Loan Funding Date means the date on which all conditions precedent to funding the First Lien Term Loan (including, without limitation, the requirements set forth in Section 2.2, 4.1 and 4.3) are met; provided, that the FLT Loan Funding Date must fall within the FLT Loan Availability Period.
Sample 1

Examples of FLT Loan Funding Date in a sentence

  • The Administrative Agent shall have received for the account of each Lender with a FLT Loan Commitment that has requested a promissory note at least two (2) Business Days prior to the FLT Loan Funding Date, a FLT Note.

  • Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each FLT Loan Lender severally agrees to make available to the Administrative Agent on the FLT Loan Funding Date such FLT Loan Lender's FLT Loan Commitment Percentage of a term loan in Dollars (the "First Lien Term Loan") in the aggregate principal amount of ONE HUNDRED SIXTY-FIVE MILLION DOLLARS ($165,000,000) (the "FLT Loan Committed Amount") for the purposes hereinafter set forth.

  • The Revolving Commitment, the LOC Commitment and the Swingline Commitment shall automatically terminate on the Revolving Commitment Termination Date, unless terminated sooner pursuant to Section 7.2. The FLT Loan Commitment shall automatically terminate on the FLT Loan Funding Date after the First Lien Term Loan is funded.

  • The Development Control Manager also noted that Local Planning Authorities were required to identify and make provision for land and accommodation requirements for Gypsies and Travellers and currently there was little formal provision in the District.GRANT – subject to conditions detailed in the Schedule (suitably worded) and an additional condition to restrict the site to no more than one mobile home and one touring caravan.

Related to FLT Loan Funding Date

  • 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.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2022 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Initial Loan is defined in Section 2.1.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

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

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Advance Date means the funding date of any Advance.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Pre-Funding Period The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Original Loan shall have the meaning set forth in the recitals hereto.