Funding Termination Date definition
Examples of Funding Termination Date in a sentence
All terms and provisions of this Agreement shall survive the Funding Termination Date and the termination of this Agreement, as applicable, as necessary in order for the parties to enforce their rights hereunder.
All net income and gain from such investments shall be distributed to the Company on the Funding Termination Date.
Funding Contract Reserve Account shall, at the direction of the Company, be invested in Eligible Investments that mature no later than the Funding Termination Date.
Notwithstanding the foregoing, this Agreement shall remain in full force and effect following the Funding Termination Date for such time periods as necessary to give the terms and provisions of this Agreement their full force and effect.
The Company agrees, in consideration for such funds, that it will use its best efforts (consistent with prudent lending practices) to cause each Staged-Funding Contract to be fully disbursed on or before the Funding Termination Date.