Loan Funding Date definition

Loan Funding Date means any date on which the principal amount of a Borrower Loan is funded.
Loan Funding Date means the date on which the Loans are made pursuant to Section 2.1 (the Loans).
Loan Funding Date means the date the Company makes a request for a Parent Loan.

Examples of Loan Funding Date in a sentence

  • On each Payment Date from and after the Revolver Loan Funding Date, the Borrower shall pay the Administrative Agent, for the benefit of the Lenders, a fee (the “Revolver Loan Funding Fee”) equal to the sum of (i) the LIBO Rate for such Settlement Period plus (ii) 3.0%, multiplied by the weighted average amount on deposit in the Revolver Loan Funding Accounts during the applicable Settlement Period, calculated on the basis of a year of 360 days for the actual number of days elapsed.

  • Subject to the satisfaction of the conditions set forth in Section 4.3 hereof, the Term Loan shall be advanced on the Initial Term Loan Funding Date.

  • At the hearing on the Objection, counsel for Ditech represented that the Note was transferred to counsel for Bank of America, Korn Law Firm, in 2010 and that Korn Law Firm subsequently ceased operations, at which time all records were destroyed.

  • The Company may only request the making of Term Loans on the Effective Date, such Term Loans to be funded on the Term Loan Funding Date.

  • Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make a term loan ( each, a “Term Loan”) to the Company on the Term Loan Funding Date in Swiss Francs in an amount equal to such Lender’s Ratable Share of the aggregate Term Loans requested by the Company, but not to exceed such Lender’s Term Loan Commitment.

  • With respect to any Consolidation Loan, the principal balance of which has been increased by the principal balance of any related Add-on Consolidation Loan, information for each category set forth in Schedule A has been provided with respect to such Add-on Consolidation Loan and such information is true and correct in all material respects as of the related Add-on Consolidation Loan Funding Date.

  • In connection with any prepayment of the principal balance of the Term Loan made pursuant to this Section 2.5(c) on or prior to the date that is eighteen (18) months following the Initial Term Loan Funding Date (“Class B Lockout Period Termination Date”), Borrower shall be liable for the Term Loan Lockout Period Additional Interest which shall be paid concurrently with such prepayment.

  • The notice of borrowing (the “Notice of Borrowing”) shall be by telephone, confirmed immediately in writing, or telecopier in substantially the form of Exhibit B hereto, specifying therein the requested (i) date of such borrowing, which shall be the Term Loan Funding Date and (ii) the aggregate amount of such borrowing.

  • Upon the occurrence of a Revolver Loan Funding Date, each Lender shall make an advance (each, a “ Revolver Loan Funding”) in an amount equal to such Lender’s ratable share of the aggregate outstanding unfunded commitments under the Revolver Loans.

  • The same applies for communications sent electronically where there is a failure in the electronic communication services of the International Bureau or in the locality of the interested party.


More Definitions of Loan Funding Date

Loan Funding Date. 20__ Original Loan Amount: $_____________________ Basic Rate: ______________________% Interim Payment: $_____________________ Loan Factor: ______________________% Scheduled Payment Amount*: $_____________________ Final Payment*: An additional amount equal to the Final Payment Percentage multiplied by the original Loan Amount then in effect, shall be paid on the Maturity Date with respect to such Loan. LENDER: LIGHTHOUSE CAPITAL PARTNERS IV, L.P. By: LIGHTHOUSE MANAGEMENT PARTNERS IV, L.L.C., its general partner By: ------------------------------------ Name: ---------------------------------- Title: --------------------------------- EXHIBIT E ANCILLARY DOCUMENTS Officer's Certificate Insurance Request form SOUNDBITE COMMUNICATIONS, INC. OFFICER'S CERTIFICATE The undersigned, _______________, hereby certifies that:
Loan Funding Date means, with respect to a given Project, the date on which Loanpal has funded the Installer Price, in its entirety.
Loan Funding Date means the date of the initial funding of the Construction Loan described in Section 4.1.
Loan Funding Date means each of (a) the Closing Date and (b) each date (other than the Closing Date) during the Commitment Period on which (i) all of the conditions precedent set forth in Section 5.02 of this Agreement are satisfied or waived in accordance with the terms hereof and (ii) Loans are incurred in accordance with the terms hereof.
Loan Funding Date. (in the case of a Consolidation Loan the principal balance of which is increased by the principal balance of any related Add-on Consolidation Loan) was noted in the related Student Loan File as being currently involved in a bankruptcy proceeding.
Loan Funding Date means any date on which any Loans hereunder are funded by the Lenders.

Related to 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.

  • 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.

  • 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.

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

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

  • 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.

  • 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.

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

  • Initial Loan is defined in Section 2.1.

  • Refunding Date as defined in Section 2.7.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Pre-Funding Period The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

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

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

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

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

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

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

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

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

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

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • 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.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.