Initial Advance Date definition

Initial Advance Date means the date of funding of the Initial Advance.

Initial Advance Date. The date on which the initial Advance is made.

Initial Advance Date means the Payment Date on which the first advances are made on the Series 2008-A Notes pursuant to Sections 2.12 and 2.17 and the terms of the Note Purchase Agreement.

Examples of Initial Advance Date in a sentence

• Borrower’s failure to satisfy, or cause the satisfaction of, any of the Initial Advance Conditions on or prior to the Required Initial Advance Date shall, at Lender’s election, constitute an Event of Default.

• No Event of Loss has occurred with respect to any Initial Financed Aircraft as of the Initial Advance Date, or any Additionally Financed Aircraft as of the related Additional Advance Date.

• Borrower covenants and agrees that, prior to the Required Initial Advance Date, time being of the essence, it shall cause all of the Initial Advance Conditions, including, without limitation, the Unsatisfied Initial Advance Conditions, to be satisfied.

• Borrower covenants and agrees that, prior to the Required Initial Advance Date, time being of the essence, it shall cause all of the Initial Advance Conditions to be satisfied.

• Borrower hereby directs the advancement by Senior Lender of the amount of the Project Year Initial Advance on the Project Year Initial Advance Date as set forth below and, in that connection, pursuant to the certificate attached hereto certifies that, subject to the Senior Lender’s acceptance of Borrower’s proposal below, the Project Year Initial Advance Conditions have been satisfied.

More Definitions of Initial Advance Date

Initial Advance Date means the first date on which Advances are made under the Facility.

Initial Advance Date has the meaning set forth in Section 2.1(g)(i).

Initial Advance Date. The date on which the Initial Advance is made following confirmation by each applicable Credit Party that the conditions precedent to the initial Advance under the Common Agreement have been satisfied.

Initial Advance Date means the date upon which the initial Loan is made hereunder.

Initial Advance Date is defined in Section 2.1(b) of the Participation Agreement.

Initial Advance Date. February 20, 2014.

Initial Advance Date. The date on which the first Advance is made, which date shall be on or after the date on which the conditions precedent set forth in Sections 3.2 and 3.3 have been satisfied.