Funding Date definition

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.
Funding Date means the date on which a Borrowing occurs.
Funding Date means the date of the funding of a Loan.

Examples of Funding Date in a sentence

  • Borrower shall notify the Lender making available any applicable Loan of the date on which Borrower desires such Lender to make such Loan at least five (5) Business Days in advance of the desired Funding Date, unless such Lender elects at its sole discretion to allow the Funding Date for such Loan to be made by such Lender to be within five (5) Business Days of Borrower’s notice.

  • Unless the Funding Date for a Loan is the first day of a calendar month, Borrower shall pay the per diem interest (accruing at the Loan Rate from the Funding Date through the last day of that month) payable with respect to such Loan on the first Business Day of the next calendar month.

  • On or prior to the first Funding Date and prior to each policy renewal, Borrower shall furnish to Collateral Agent certificates of insurance or other evidence satisfactory to Collateral Agent that insurance complying with all of the above requirements is in effect.

  • Prior to each Funding Date for any Loan, the Lender making available such Loan shall establish the Loan Rate with respect to such Loan, which shall be conclusive in the absence of a manifest error.

  • The Borrower shall notify the Facility Administrator and the Administrative Agent in writing of any additions or deletions to the Schedule of Solar Assets, no later than each Funding Date and each Payment Date (which in the case of the update delivered on any Payment Date shall be prepared as of the last day of the related Collection Period).


More Definitions of Funding Date

Funding Date has the meaning given in Section 2.1.
Funding Date means the date on which a Loan is made hereunder.
Funding Date means the date of each funding of a Loan.
Funding Date is any date on which a Term Loan is made to or on account of Borrower which shall be a Business Day.
Funding Date means any day on which an Advance is made in accordance with and subject to the terms and conditions of this Agreement.
Funding Date means the date on which an Advance is made hereunder.
Funding Date means any date on which a Loan is made to or on account of Borrower under this Agreement.