Tranche Funding Date definition

Tranche Funding Date means the date on which a Tranche Funding occurs;
Sample 1

Examples of Tranche Funding Date in a sentence

  • Each Subsequent Tranche Lessor --------------------------- shall have received a copy of the opinion of counsel to Agent described in Section 3.1(p), dated down as necessary or appropriate as of such -------------- Subsequent Tranche Funding Date, together with a letter from the counsel for Agent, stating that each such Subsequent Tranche Lessor and their respective counsel are entitled to rely on such opinion letter, or date down thereof, as of such Subsequent Tranche Funding Date.

  • Upon the Seller’s election, in its sole discretion, to require the funding of the Second Tranche, subject to the conditions precedent set forth in Section 4.4, on the Second Tranche Funding Date, the Buyer shall pay to the Seller the Second Tranche Purchase Price by wire transfer of immediately available funds to the account designated by the Seller.

  • Upon the Seller’s election, in its sole discretion, to require the funding of the First Tranche, subject to the conditions precedent set forth in Section 4.3, on the First Tranche Funding Date, the Buyer shall pay to the Seller the First Tranche Purchase Price by wire transfer of immediately available funds to the account designated by the Seller.

  • Upon the First Tranche Funding Date and the payment of the First Tranche Purchase Price by the Buyer, the Buyer will have acquired, subject to the terms and conditions set forth in this Agreement, good and marketable title to the Acquired Intangibles, free and clear of all Liens (other than Liens created by the Buyer).

  • No Casualty shall have occurred with respect to ----------- any Unit in which the Security Interest has been granted as of such Subsequent Tranche Funding Date.

  • No Event of Default hereunder, and no events of default under any of the Existing Credit Agreements, shall have occurred and be continuing as of the Backstop Tranche Funding Date, or would result from Loans borrowed on the Backstop Tranche Funding Date.

  • The date on which the conditions set forth in this Section 6 are satisfied and the Fifth Tranche is funded is referred to as the "Fifth Tranche Funding Date".

  • All necessary consents, approvals and ---------------------- authorizations of, and declarations, registrations and filings with, Authorities and nongovernmental Persons, including, without limitation, the agents and lenders under Xxxxxx's existing credit facilities, required to consummate the transactions contemplated by this Lease shall have been obtained or made by Lessee and shall be in full force and effect as of such Subsequent Tranche Funding Date.

  • The Specified Acquisition Tranche Commitments shall remain in effect during the period from the Specified Acquisition Tranche Effective Date (as defined below) to the earliest of (i) 5:00 p.m. on October 25, 2023, (ii) the Specified Acquisition Tranche Funding Date (as defined below) and (iii) the termination in full of the Specified Acquisition Agreement by its terms without consummation of the Specified Acquisition (such earliest date, the “Specified Acquisition Tranche Expiration Date”).

  • Each of the representations and warranties made by or on behalf of Lessee under the Operative Documents shall be true on and as of such Subsequent Tranche Funding Date, and there shall exist no Incipient Default or Event of Default on or as of such date.

Related to Tranche Funding Date

  • 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 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.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

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

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

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

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Pre-Funding Period means the period beginning on the Closing Date and ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Tranche C Term Loan as defined in Section 2.1.

  • Initial Loan is defined in Section 2.1.

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • 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 Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the Facility Repayment Date.

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • 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.

  • Tranche B Term Loan Maturity Date means June 30, 2022.

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

  • Refunding Date as defined in Section 2.7.

  • 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.

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

  • Tranche B Term Loan as defined in Section 2.1.