Commitment Commencement Date Sample Clauses

Commitment Commencement Date. Closing Date.
AutoNDA by SimpleDocs
Commitment Commencement Date. The satisfaction of the Applicable Funding Conditions for this Credit Facility. Commitment Termination Date: the earliest to occur of (a) March 31, 2022, (b) the date on which any Credit Extensions are made by the Lenders in respect of Credit Facility #4, and (c) the delivery of a written notice by Agent to Borrower terminating the Applicable Commitments following an Event of Default that has not been waived or cured at the time such notice is delivered. Minimum Credit Extension Amount: $20,000,000.00 ​ Commencing on October 1, 2021 (the “Initial Amortization Start Date”) and continuing on the first day of each calendar month thereafter, an amount equal to the aggregate principal amount advanced under Credit Facility #1 divided by thirty-six (36); provided if Borrower provides evidence satisfactory to Agent that the applicable IO Extension Conditions (as defined below) have been satisfied at least ten (10) Business Days prior to the Initial Amortization Start Date, then the Initial Amortization Start Date shall be extended such that principal payments shall commence on the applicable Extended Amortization Start Date and shall be in an amount equal to the aggregate principal amount advanced under Credit Facility #1 divided by the number of full calendar months remaining (including the month in which the first amortization payment is made) before the occurrence of the Maturity Date. Credit Facility #2: Commencing on the Initial Amortization Start Date and continuing on the first day of each calendar month thereafter, an amount equal to the aggregate principal amount advanced under Credit Facility #2 divided by thirty-six (36); provided if Borrower provides evidence satisfactory to Agent that the applicable IO Extension Conditions (as defined below) have been satisfied at least ten (10) Business Days prior to the applicable Initial Amortization Start Date, then the Initial Amortization Start Date shall be extended such that principal payments shall commence on the Extended Amortization Start Date and shall be in an amount equal to the aggregate principal amount advanced under Credit Facility #2 divided by the number of full calendar months remaining (including the month in which the first amortization payment is made) before the occurrence of the Maturity Date. Credit Facility #3: Commencing on the latest to occur of (a) the Initial Amortization Start Date, (b) the first day of the first full calendar month immediately following such Credit Extension, and (c)...
Commitment Commencement Date the Second Amendment Effective Date.
Commitment Commencement Date. The satisfaction of the Applicable Funding Conditions for this Credit Facility.
Commitment Commencement Date. The later to occur of (a) February 1, 2020 or (b) satisfaction of the Applicable Funding Conditions for this Credit Facility #2. Minimum Credit Extension Amount: $40,000,000.00 Permitted Purpose: N/A Lenders for and their respective Applicable Commitments to this Credit Facility: Lender Applicable Commitment Total Thirty Million Dollars ($30,000,000.00) The following defined terms apply to this Credit Facility: Applicable Funding Conditions:
Commitment Commencement Date. Closing Date. Commitment Termination Date: the close of the Business Day following the Closing Date. Minimum Credit Extension Amount: $12,000,000
Commitment Commencement Date the Closing Date Commitment Termination Date: the earliest to occur of (a) the close of the Business Day following the Closing Date, (b) an Event of Default, (c) the existence of any Default, or (d) the Maturity Date. Minimum Credit Extension Amount: $15,000,000 Permitted Purpose: not applicable.
AutoNDA by SimpleDocs
Commitment Commencement Date. The later to occur of (a) the Closing Date, or (b) satisfaction of the Applicable Funding Conditions for this Credit Facility.
Commitment Commencement Date. The Third Amendment Effective Date. Commitment Termination Date: December 4, 2020. Minimum Credit Extension Amount: $10,000,000.00 Midcap / MannKind / Credit and Security Agreement Credit Facility #3: Credit Facility and Type: Term, Tranche 3 Midcap Financial Trust $16,333,333.3430,000,000 Apollo Investment Corporation $8,666,666.6630,000,000 Total: Twenty FiveSixty Million Dollars ($25,000,00060,000,000)
Commitment Commencement Date. The later to occur of (a) the satisfaction of the Applicable Funding Conditions for this Credit Facility and (b) September 30December 31, 2021. Commitment Termination Date: the earliest to occur of (a) March 31June 30, 2022, and (b) the delivery of a written notice by Agent to Borrower terminating the Applicable Commitments following an Event of Default that has not been waived or cured at the time such notice is delivered. Minimum Credit Extension Amount: $25,000,000.0060,000,000.00 Midcap / MannKind / Credit and Security Agreement Commencing on the first day of September 1, 20222023 (the “Amortization Start Date”) and continuing on the first day of each calendar month thereafter, an amount equal to the aggregate principal amount advanced under Credit Facility #1 divided by twenty-four (24).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!