Final Funding Date Clause Samples
The 'Final Funding Date' clause defines the last possible date on which funds may be disbursed under an agreement. In practice, this means that any requests for funding or drawdowns must be made before this specified date, after which no further advances will be permitted. This clause ensures clarity for both parties regarding the timeframe for funding availability and helps prevent disputes about late or unexpected funding requests.
Final Funding Date. The occurrence of the Final Funding Date and the obligation of the Lenders to make the final extension of credit under the Commitment is subject to the satisfaction on such date of the conditions precedent set forth below in form and substance satisfactory to the Lenders unless, in each case, waived by each Lender:
Final Funding Date. No Funding Date shall occur after December 31, 2007.
Final Funding Date. The obligation of each Lender to make the Final Term Loans on the Final Funding Date is subject solely to the satisfaction of the following conditions precedent (or waiver of such conditions precedent in accordance with Section 9.02):
Final Funding Date. The obligation of each Final Advance Lender executing a Supplement to make the portion of the second advance contemplated thereby on or before May 15, 2001 (as such date may be extended by the Majority Lenders) that such Lender has committed to make is subject to (a) the satisfaction of the conditions provided in Section 4.01 (unless otherwise waived by the Majority Lenders), (b) the receipt by each Lender of the Warrants contemplated by this Agreement and its Supplement and (c) the execution and delivery by the Borrower of a Supplement and a Note representing the Term Loan contemplated thereby.
Final Funding Date. See §2.1 hereof. FCPA. See §7.24 hereof.