Initial Funding Date definition

Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

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Initial Funding Date means the date on or after the Closing Date, on which all of the conditions described in Section 6.1 have been satisfied (or waived) in a manner satisfactory to the Administrative Agent and the Lenders and on which the initial Loans under this Agreement are made by the Lenders to the Borrower.

Initial Funding Date means the first date all the conditions precedent in Section 4.02 are satisfied or waived in accordance with Section 4.02 or 10.01.

Examples of Initial Funding Date in a sentence

All loans, interest, fees and expenses owing or accruing under or in respect of the Existing Credit Agreement through the Initial Funding Date shall be calculated as of the Initial Funding Date (pro-rated in the case of any fractional periods if applicable), and shall be paid on the Initial Funding Date.
The Administrative Agent and the Lenders shall have received all fees and expenses required to be paid or delivered by the Company to them on or prior to the Effective Date, including, without limitation, the fees referred to in subsection 4.3; provided that if the Effective Date is not a Business Day then such condition may be satisfied by the Company making arrangements satisfactory to the Administrative Agent for the payment of such fees and expenses on the Initial Funding Date.
Subject to the terms and conditions set forth herein, each Term A-1 Lender hereby severally agrees to make a single loan (each such loan, a “Term A-1 Loan”) to the Company in Dollars on the Initial Funding Date in an amount not to exceed such Term A-1 Lender’s Applicable Percentage of the Term A-1 Facility.

More Definitions of Initial Funding Date

Initial Funding Date means the date of the initial Revolving Advance in respect of Receivables hereunder.

Initial Funding Date means the date described in Section 2.3 of the ECCA.

Initial Funding Date means the initial Funding Date.

Initial Funding Date means the date on or after the Closing Date on which all of the conditions described in Section 6.1 have been satisfied (or waived) in a manner satisfactory to the Administrative Agent and the Lenders and on which the initial Loans under this Agreement are made by the Lenders to the Borrower.

Initial Funding Date means the first date on which all the conditions precedent in Section 6.02 are satisfied (or waived in accordance with Section 14.01).

Initial Funding Date means the date on or after the Effective Date on which the conditions specified in Section 4.02 are first satisfied (or waived in accordance with Section 9.08).

Initial Funding Date means the date in which Buyer makes the first purchase of any Receivable pursuant to this Agreement.