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

  • PEBT Annual Funding Date: The established ongoing annual funding payment of $19,428,240 provided by the Ministry of Education will continue to be made each April 1.

  • By written notice to the Administrative Agent at least thirty (30) days prior to each Interest Payment Date (or, with respect to the first Interest Payment Date following the Funding Date, on or prior to the Funding Date), the Borrower may elect to pay all of the PIK Interest Amount in respect of such Interest Payment Date in cash on such Interest Payment Date.

  • The Initial Lender shall have received a certificate of the chief financial officer or treasurer (or other comparable officer) of the Parent certifying that the Borrower and its Subsidiaries (taken as a whole) are, and will be immediately after giving effect to any Loans borrowed on the Funding Date, Solvent.

  • Subject to the terms and conditions set forth herein, the Initial Lender agrees to make the Loans to the Borrower in one installment on the Funding Date in an aggregate principal amount not to exceed the Initial Lender’s Commitment.

  • The Borrower shall make the Borrowing of the Loans on the Funding Date.


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 an Equipment Advance is made to or on account of Borrower.
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. With respect to each Mortgage Loan, the date on which funds were advanced by or on behalf of the Seller and interest began to accrue thereunder.
Funding Date means any date on which a Loan is made to or on account of Borrower under this Agreement.