Term Loan Funding Date definition

Term Loan Funding Date means the date on which the Term Loans are made.

Term Loan Funding Date means the date of the funding of the Term Loan, which date shall occur after the Closing Date but not later than April 27, 2018.

Term Loan Funding Date means the date all the conditions precedent to funding the Term Loan set forth in Section 4.03 are satisfied or waived in accordance with Section 4.03.

Examples of Term Loan Funding Date in a sentence

• 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.

• 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.

More Definitions of Term Loan Funding Date

Term Loan Funding Date has the meaning specified in Section 2.01(b).

Term Loan Funding Date means the date that is three (3) Business Days after the Effective Date.

Term Loan Funding Date means the date during the Availability Period applicable to the Term Loan on which all of the conditions precedent in Section 4.02 are satisfied or waived and on which the Borrower has requested the funding of the Term Loan pursuant to a duly completed and executed Loan Notice.

Term Loan Funding Date means the date that is three (3) Business Days after the Effective Date. “Term Loan Maturity Date” means September 1, 2016.

Term Loan Funding Date means the date on which all of the conditions specified in Section 4.03 have been satisfied and the funding of the Term Loans has occurred.

Term Loan Funding Date means any date upon which the Borrowers draw the full amount of the Aggregate Term Loan Commitments or any portion thereof, which date(s) shall occur during the Term Loan Commitment Period and shall be limited to a maximum of four (4) such dates.

Term Loan Funding Date means a Business Day during the Term Loan Availability Period on which the Term Loan Funding Conditions (and the other conditions set forth in Section 4.02) have been satisfied (or waived in accordance with Section 9.02). Upon the funding of the Term Loan on a particular date, such date shall be deemed to be the Term Loan Funding Date.