Initial Draw Date definition

Initial Draw Date means the first Draw Date on which Notes are issued and sold to the Purchaser pursuant to the terms of this Agreement.

Initial Draw Date means November 12, 2013.

Initial Draw Date means, with respect to any Term Loan, the date of the initial drawing under such Term Loan.

Examples of Initial Draw Date in a sentence

• The Commitment Fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Initial Draw Date, and on the last day of the Availability Period for the Revolving Credit Facility.

• The principal amount of DIP Term Loans advanced on the Initial Draw Date will be deemed increased by an amount equal to the Put Option Premium and the Closing Fee.

• A put option premium in an amount equal to 6.00% of the principal amount of the Backstop Commitments shall be paid in additional DIP Term Loans to the Backstop Parties on the Initial Draw Date, ratably based on their respective Backstop Commitments on the Initial Draw Date.

• Licensor communicates with its users electronically and on-line and, as such, you consent to receive all communications and notices electronically from Licensor or to an email address that you have provided to Licensor.

• On the Initial Draw Date (as hereinafter defined), the Borrower Representative acquired all of the issued and outstanding equity interests (the “Acquisition”) of New Young Broadcasting Holding Co., Inc.

More Definitions of Initial Draw Date

Initial Draw Date means the date on which the Company first draws funds against the Credit Facility (as that term is defined in the Credit Agreement).

Initial Draw Date means the date of the first Term Loan made by the Lenders to the Borrower under this Agreement.

Initial Draw Date means the first Draw Date on which Notes are issued and sold to the Purchaser pursuant to the terms of this Agreement. "Issuers" has the meaning set forth in the Preamble of this Agreement.

Initial Draw Date means August [ ], 2020, the date of the initial draw.

Initial Draw Date means the date that all the conditions precedent in Section 4.02 are satisfied in accordance with their terms or waived in accordance with Section 10.01, which date shall occur no later than the first anniversary of the Signing Date.

Initial Draw Date means the date of Borrower's initial request for a Draw Line Loan under this Note.

Initial Draw Date means the date of the execution of the Security Documents as contemplated in Section 3.1O when the Company will borrow the first $15,000,000 tranche available under the Loan Commitments.