Funds Flow Memorandum means the memorandum, in form and substance satisfactory to the Administrative Agent detailing the proposed flow, and use, of the Loan proceeds on the Closing Date or the Funding Date, as applicable.
Funds Flow Memorandum means the flow of funds memorandum in the agreed form prepared on behalf of the Company by Xxxxxx Xxxxxxxx containing details of the flow of funds at Closing.
Funds Flow Memorandum shall have the meaning specified in Section 2.1(b).
Examples of Funds Flow Memorandum in a sentence
Subject to the satisfaction of the conditions set forth in Section 3.1, upon receipt of the funds from the Escrow Account, Agent shall make all funds so received available to Borrower in like funds as received by Agent by wire transfer of such in accordance with the Funds Flow Memorandum.
The proceeds of the 2024 Term Loan provided on the 2024 Borrowing Date, shall be used solely for (i) general corporate purposes, (ii) Lender Expenses, and (iii) the June 28 Payment, in all cases, subject to the terms of this Agreement and in accordance with the Funds Flow Memorandum.
More Definitions of Funds Flow Memorandum
Funds Flow Memorandum means the memorandum, to be dated on or prior to the Closing Date, delivered by Borrower to the Lender Parties with respect to the disbursement of funds on the Closing Date.
Funds Flow Memorandum means the memorandum setting forth the flow of funds at closing and the funding of the Term A Loans and Term B Loans, as approved by the Administrative Agent, and a related letter of direction.
Funds Flow Memorandum means a fund flow memorandum, executed by Parent and provided to Buyer not less than three (3) Business Days prior to the Closing, indicating the exact amount payable to, and full and complete wire instructions for, each Person to whom any portion of the Purchase Price is to be paid pursuant to Section 2.04.
Funds Flow Memorandum has the meaning specified in the Conditions Precedent to Initial Credit Extension.
Funds Flow Memorandum means that certain Funds Flow Memorandum, dated as of the date hereof, by and among the Company, Parent, Merger Sub and the Stockholder Representative.
Funds Flow Memorandum has the meaning set forth in Section 7.01(u).
Funds Flow Memorandum means the funds flow memorandum referred to in paragraph 5 of Part 1 of Schedule 6 (Conditions Precedent);