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.