Second Advance Closing Date definition

Second Advance Closing Date means the date of the Second Advance made pursuant to the terms of this Agreement;
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Second Advance Closing Date means the date on which the Second Advance is made.
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Examples of Second Advance Closing Date in a sentence

  • On the Second Advance Closing Date (as defined in Section 3 hereof), upon satisfaction of the conditions precedent to the Second Advance (as hereinafter defined), the Lender shall advance to the Borrowers a portion of the Loan in the amount of $974,707 (the "Second Advance"), of which amount $750,000 shall be paid in cash to the Borrowers and $224,707 shall constitute OID.

  • The representations and warranties of the Borrowers contained in this Agreement and each of the other Loan Documents shall be true and correct in all material respects as of the Second Advance Closing Date, with the same effect as though made on such date.

  • In the event that the Second Advance does not occur by the Second Advance Closing Date, the outstanding principal amount of the Commitment Note shall be reduced by the percentage set forth in the Commitment Note.

  • RAB shall pay and deliver to the Company and the Subsidiary the Second Advance on the Second Advance Closing Date (as such terms are defined in the Amended Loan Agreement), subject to the satisfaction by the Company and the Subsidiary of all conditions precedent set forth in the Amended Loan Agreement.

  • The date on which the foregoing conditions have been satisfied, as determined by the Lender in good faith in its sole discretion, is hereinafter known as the "Second Advance Closing Date." If the Second Advance Closing Date does not occur by December 31, 2004, the Lender's obligation to make the Second Advance shall automatically terminate.

  • If Patriot makes the Patriot Second Advance pursuant to the terms hereinafter set forth, from and after the Patriot Second Advance Closing Date the Loan shall be deemed to include the Patriot Second Advance.

Related to Second Advance Closing Date

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

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

  • Original Closing Date means March 21, 2013.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

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

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • 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.

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

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Scheduled Closing Date Has the meaning specified in the NPA.

  • Initial Advance means the first Advance made pursuant to Article II.

  • 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).

  • 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).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Advance Date means the funding date of any Advance.

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

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Financial Closing Date means the date of the closing of the initial agreements for any Financing of the Facility and of an initial disbursement of funds under such agreements.