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

The Residual Holder has caused or will have caused, within ten (10) days after the Initial Funding Date, the filing of all appropriate financing statements |US-DOCS\157718784.5|| | DATE \@ "HH:mm" 22:02| in the proper filing office in the appropriate jurisdictions under Applicable Law in order to perfect the security interest in the Collateral, and the Residual Holder has taken all other steps necessary to perfect the Administrative Agent’s security interest in the Collateral.
On or prior to the Initial Funding Date, the Administrative Agent shall acquire a valid and perfected first priority security interest in the Collateral then‑existing or thereafter arising, free and clear of any Lien, other than Permitted Liens or Permitted Tax Liens.
No effective financing statement or other instrument similar in effect covering any portion of the Collateral shall, after the Initial Funding Date, be on file in any recording office except such as may be filed in favor of the Administrative Agent in accordance with this Agreement.
All Lenders’ Expenses (including reasonable and documented attorneys’ fees and expenses for documentation and negotiation of this Agreement) incurred through and after the Initial Funding Date, when due.
An amount of $[…***…] has been received by Collateral Agent as a good faith deposit from Borrower on or about September 19, 2025, which amount shall be applied towards the Lenders’ Expenses due under Section 2.5(e) that have been incurred through the Initial Funding Date, with the balance, if any, towards the facility fee due under Section 2.5(b).

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 which the conditions precedent set forth in Section 3.2 have been waived or satisfied, regardless of whether actual Advances are made on such date; provided that the Initial Funding Date shall be at least four Business Days after the Closing Date.

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