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 Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.
Initial Funding Date means the date described in Section 2.3 of the ECCA.
Examples of Initial Funding Date in a sentence
Following the Initial Funding Date, each Shipowner shall maintain required vessel insurances as consistent with past practice and as further described on Schedule 6.19(k).
More Definitions of Initial Funding Date
Initial Funding Date means the date following the Effective Date on which the conditions specified in Section 4.02(a) are satisfied.
Initial Funding Date means the first date on which any Lender makes a Loan hereunder.
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 earlier of (a) the date on which the initial Advances are made, and (b) the date the initial Letter of Credit is issued.
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 20 March 2013.
Initial Funding Date means the date initial Loans are made in accordance with the provisions of Section 3.1 hereof.