Initial Loan Amount definition

Initial Loan Amount shall have the meaning set forth in Section 2.2(a)(i).

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Initial Loan Amount means that portion of the Loan to be advanced to Borrower at the Closing.

Initial Loan Amount means the Loan Amount on the Effective Date.

Examples of Initial Loan Amount in a sentence

• The funding of the Initial Loan Amount shall occur simultaneously with the Closing.

• Concurrently with execution of this Agreement, each Investor will deliver to the Company funds equal to the "Initial Loan Amount" listed on the Schedule of Investors.

• Subject to the terms and conditions of this Agreement, and in consideration for CEPI advancing the Initial Loan Amount in accordance with Section 3.1(a), Dynavax shall use commercially reasonable efforts to have manufactured [***] kg of Dynavax Material (the “Initial Reserved Material”) for release during Q2 2021 and ▇▇ ▇▇▇▇.

• At the First Closing, the Company shall issue the Initial Note to Velocitas against payment of the Initial Loan Amount, with payment of the Initial Loan Amount having been made by wire transfer to a bank account designated by the Company.

• Subject to the terms and conditions set forth herein, the Lender agrees to make a loan (the “Loan”) to the Borrower on August 15, 2011 (the “Funding Date”), in an amount equal to the Initial Loan Amount.

More Definitions of Initial Loan Amount

Initial Loan Amount. With respect to Fifth Third, $100,000,000.

Initial Loan Amount. With respect to ▇▇▇▇▇ Fargo, $500,000,000. Insolvency Event: With respect to a specified Person, (a) the filing of a decree or order for relief by a court having jurisdiction in the premises in respect of such Person or any substantial part of its property in an involuntary case under any applicable Insolvency Law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official for such Person or for any substantial part of its property, or ordering the winding-up or liquidation of such Person’s affairs, and such decree or order shall remain unstayed and in effect for a period of 60 consecutive days; or (b) the commencement by such Person of a voluntary case under any applicable Insolvency Law now or hereafter in effect, or the consent by such Person to the entry of an order for relief in an involuntary case under any such law, or the consent by such Person to the appointment of or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official for such Person or for any substantial part of its property, or the making by such Person of any general assignment for the benefit of creditors, or the failure by such Person generally to pay its debts as such debts become due, or the taking of action by such Person in furtherance of any of the foregoing.

Initial Loan Amount means an amount equal to the sum of: (a) the amount advanced on the Closing Date on account of the Term Note, and (b) the Maximum WCMA Line of Credit immediately after activation of the WCMA Line of Credit on the Closing Date.

Initial Loan Amount means $850,000.

Initial Loan Amount means the total amount we have agreed to lend you as at the Disclosure Date, as specified in the Commercial Terms (or such other amount as we may agree).

Initial Loan Amount means an amount equivalent to the total Manufacturing Cost of the Initial Reserved Amount as set forth in Section 3.1(a).

Initial Loan Amount. With respect to BMO, $200,000,000.