Fund Termination Date definition
Examples of Fund Termination Date in a sentence
After the Fund Termination Date the assets of the Fund will be sold and the Fund will be wound up in orderly fashion as set forth in Article 12 below.
This Agreement shall terminate on the Stock Escrow Fund Termination Date; provided, however, that if the Escrow Agent has received from any Parent Indemnitee a Claim Notice in accordance with Section 3(a) hereof setting forth a claim that has not been resolved by the Stock Escrow Fund Termination Date, then this Agreement shall continue in full force and effect until the claim has been resolved and the Escrow Shares released in accordance with this Agreement.
The maturity date of the Underlying Loan is not later than the Facility Maturity Date or the Fund Termination Date.
Each Unitholder registered as such at the close of business on the date fixed as the Fund Termination Date shall be entitled to receive from the Fund such Unitholder’s Proportionate Share of all Fund Property attributable to the applicable class or series of Units and available at that time for the purpose of such distribution.
If a holder fails to deliver the documentation required in Section 2.2(f)(B) or 2.2(f)(C) prior to the Exchange Fund Termination Date, but has otherwise complied with the requirements of Section 2.2(a), then the Exchange Agent shall promptly pay to such holder the Merger Consideration allocable to such holder, subject to such deduction as required under the Withholding Tax Ruling, or pursuant to Section 2.2(f)(i), as applicable, as reasonably determined by P▇▇▇▇, and subsequent remittance to the ITA).
Notwithstanding the foregoing, the Trustee, upon the written direction of ▇▇▇▇▇▇ or Administrator, and with a Favorable Opinion of Bond Counsel, may reserve proceeds in the Acquisition Fund and the Recycling Fund for funding of a Loan to a Participant at a future date after an Acquisition Fund Termination Date or a Recycling Fund Termination Date, as applicable.
The Indemnity Fund Escrow shall expire on the date which is five (5) years after the Closing Date (the "Indemnity Fund Termination Date"), provided that on the date -------- which is two and one half years after the Closing Date, Two Million Dollars ($2,000,000) shall be paid from the Indemnity Fund Escrow to Seller.
On the Capitalized Interest Fund Termination Date relating to that series of Notes, the Issuer Administrator shall instruct the Trustee to transfer all remaining amounts on deposit in the Capitalized Interest Fund to the Collection Fund.
Any portion of the Merger Consideration which remains undistributed to the Carve-Out Trustee or a Rights Holder for six (6) months after the respective payment date thereof in accordance with the provisions of this Agreement (each such sixth month anniversary, a "Payment Fund Termination Date"), shall be delivered by the Paying Agent to Buyer.
Upon disbursement of the last of the Dispute Funds and Reserved Amounts, the Escrow Agent shall disburse to the Holdback Participants pursuant to the guidelines set forth on SCHEDULE II and in accordance with their percentages set forth on SCHEDULE I any Interest earned since the Escrow Fund Termination Date on such Dispute Funds and Reserved Amounts.