Funding Release Date definition

Funding Release Date means any date on which any funds are released from the Funding Account pursuant to Section 2.5.
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Funding Release Date means the first date on which all the conditions precedent in Section 4.03 are satisfied or waived in accordance with Section 10.01.
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Funding Release Date means the first date on which all the conditions precedent in S ection 4.02 are satisfied or waived in accordance with S ection 10.01. “GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles
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Examples of Funding Release Date in a sentence

  • Material Subsidiary in Part (a) of S chedule 5.13, and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non- assessable and are owned by a Loan Party in the amounts specified on Part (a) of S chedule 5.13 free and clear of all Liens except those created under the Parent Credit Facility Documents or, prior to the Funding Release Date, set forth on S chedule 7.01.

  • He asked if there are any cases on this, 140 because he did not have time to research.

  • Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a loan to eachBorrower on the Funding Release Date in an aggregate amount not to exceed such Term Lender’s Term Commitment.

  • Amerigon Germany shall cease to own, directly or indirectly, the percentage of the outstanding Equity Interests of the German Borrower and each other Loan Party held by it on the Funding Release Date, which shall not be less than 75% of the voting Equity Interests of the German Borrower and each such other Loan Party.

  • Amounts on deposit in the State Contribution Trust Account shall be administered in the manner set forth in the Construction Funds Trust Agreement; provided that no amounts in the State Contribution Trust Account shall be expended on Project Costs until the Funding Release Date, as defined and described in Section 3.5 of the Development Agreement.


More Definitions of Funding Release Date

Funding Release Date shall have the meaning set forth in Section 3.5 of this Agreement.
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Related to Funding Release Date

  • Collateral Release Date shall have the meaning provided in Section 10.15(d).

  • Escrow Release Date has the meaning set forth in Section 9.6.

  • Collateral Release Period means each period commencing with the occurrence of a Collateral Release Event and continuing until the occurrence of the next Collateral Reinstatement Event, if any, immediately following such Collateral Release Event.

  • Release Date means the date on which the Initial Shares are disbursed from escrow pursuant to Section 3 of that certain Stock Escrow Agreement dated as of the date hereof by and among the Investors and Continental Stock Transfer & Trust Company.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • 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.

  • 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 September 2003 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 March 2004 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 Transferors 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.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Mandatory Tender Date means any date on which a Multi-Modal Bond is subject to mandatory tender in accordance with the Certificate.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Anticipated Repayment Date With respect to any ARD Mortgage Loan, the date specified in the related Mortgage Note, as of which Post-ARD Additional Interest shall begin to accrue on such Mortgage Loan, which date is prior to the Stated Maturity Date for such Mortgage Loan.

  • Escrow Release Conditions has the meaning set forth in the Escrow Agreement.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

  • Opt-Out Date means the date by which Settlement Class Members must mail their requests to be excluded from the Settlement Class for that request to be effective. The postmark date shall constitute evidence of the date of mailing for these purposes.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Release Period means the period specified in paragraph 3(d) of the letter of consent.

  • Lease Termination Date means the last day of the Lease Term.