Initial Loan Funding Date definition

Initial Loan Funding Date means the day upon which the initial funding of the Loan occurs.
Initial Loan Funding Date the date the initial Loans are made by the Lenders to the Borrower under this Agreement.
Initial Loan Funding Date the date set forth in the Notice of Initial Loan Funding as the date on which GE Capital is to make its initial Loan under the Loan Agreement.

Examples of Initial Loan Funding Date in a sentence

  • GE Capital shall have received a true and complete copy of each of the Partnership Agreement, the Certificate of Limited Partnership of the Partnership and the Certificate of Incorporation and By-laws of each of the Partners, certified by the Partnership as such on the Initial Loan Funding Date.

  • The Partnership shall have notified the Contractor of the occurrence of the Initial Loan Funding Date pursuant to Section 2.02 of the Construction Contract (the "Notice to Proceed").

  • The Partnership and the General Partner shall make (or be deemed to have made) the representations and warranties set forth in this Section 3 as of the Initial Loan Funding Date, each Borrowing Date (or other date on which an extension of credit is requested hereunder) thereafter, on the Lease Closing Date and on the Date of Final Completion (and on each other date on which a Partnership Equity Loan is requested to be made thereafter).

  • All corporate actions on the part of the Corporation, its directors and stockholders necessary for (a) the authorization, execution, delivery and performance of this Agreement by the Corporation, (b) the sale, issuance and delivery of the Series D Debentures, and (c) the performance of all of the Corporation's obligations under this Agreement and the other agreements and actions contemplated herein with respect to the Initial Loan, have been or will be taken prior to or as of the Initial Loan Funding Date.

  • GE Capital shall have received a true and complete copy of each of the Steam Sales Agreement and the Steam Lessee Security Agreement in form and substance satisfactory to it, certified by the Partnership as such on the Initial Loan Funding Date.

  • GE Capital shall have received a true and complete copy of each Easement Agreement (except for those set forth on Part B of Schedule 2 which are to be obtained after the Initial Loan Funding Date) in form and substance satisfactory to it, certified by the Partnership as such on the Initial Loan Funding Date.

  • GE Capital shall have received a true and complete copy of the Power Purchase Agreement in form and substance satisfactory to it, certified by the Partnership as such on the Initial Loan Funding Date.

  • GE Capital shall have received a true and complete copy of the Construction Contract (together with the executed Parent Guaranty of Raytheon Company) in form and substance satisfactory to it, certified by the Partnership as such on the Initial Loan Funding Date.

  • GE Capital shall have received a true and complete copy of the Effluent Water Agreement in form and substance satisfactory to it, certified by the Partnership as such on the Initial Loan Funding Date.

  • Neither the Partnership nor the General Partner is aware of any pending, proposed or contemplated changes (other than changes of a routine or immaterial nature or changes to the Construction Contract set forth in Exhibit B of the Consent delivered by the Contractor) to the Project Documents after the Initial Loan Funding Date.


More Definitions of Initial Loan Funding Date

Initial Loan Funding Date the first Loan Funding Date on which Loans are funded under this Agreement.

Related to Initial Loan Funding Date

  • 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.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Initial Loan is defined in Section 2.1.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2022 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Advance Date means the funding date of any Advance.

  • Draw Date means, with respect to any Distribution Date, the second Business Day immediately preceding such Distribution Date.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Commercial loan means a loan that is not made primarily for

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.