INITIAL CLOSING FUNDING Clause Samples

INITIAL CLOSING FUNDING. Subject to the fulfillment or waiver of the conditions set forth in Section 5.4 and Section 6.3 hereof, the payment of the Initial Closing Funding Amount (the "INITIAL CLOSING FUNDING") shall occur on the next trading day following the completion of the Price Determination Period applicable to the Initial Closing (the "INITIAL CLOSING FUNDING DATE").