Loan Closing Date Sample Clauses

Loan Closing Date. The Loan must close no later than the “Loan Closing Date” as defined in the Award Letter and Loan Term Sheet (including any and all amendments) in Exhibit B of this Contract, but in no event later than three (3) months from the Effective Date of this Contract pursuant to Section 13.11(e) of the Multifamily Direct Loan Rule, unless Department, in its sole discretion, chooses to extend the Loan Closing Date in accordance with Section 13.12(1) of the Multifamily Direct Loan Rule. This Contract and all Department’s obligations hereunder may expire, in the Department’s discretion, if all conditions to the closing and initial funding, if applicable, are not satisfied by the Loan Closing Date.
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Loan Closing Date. On the loan closing date (or, in the case of a Final Confirmation described below, within one business day thereafter): TALF Master Loan And Security Agreement • each TALF Agent must deliver to the Custodian, by 8:30 a.m.: — with respect to all New Acquisition Collateral (other than TALF Agent Delivered Collateral) expected to be delivered by the TALF Agent’s borrowers, funds equal to (i) the related Haircut Amount and (ii) all related Other Closing Amounts; and — the administrative fee with respect to each loan to be made to each of its borrowers; • the sponsor or issuer must deliver to the FRBNY (by submission to xxxxxxxxxxx@xx.xxx.xxx), by 10:00 a.m., the final credit rating letters from the relevant rating agencies, if the ABS is being issued on the loan closing date; • before the DTC settlement cutoff time, each TALF Agent must deliver the Expected ABS Collateral to the Custodian through the facilities of DTC; • subject to the satisfaction of the conditions set forth under “Loan Closing Conditions,” the FRBNY will make available in the FRBNY’s master settlement account the aggregate principal amount of all loans expected to be made to the borrowers of each TALF Agent on the loan closing date; • all Expected ABS Collateral actually received by the Custodian will be settled to the FRBNY’s master settlement account against payment for that collateral; and • the Custodian will redeliver to each TALF Agent a revised Confirmation, reflecting all loans disbursed, and all collateral delivered and accepted, on that loan closing date (as so revised, a Final Confirmation). Each Final Confirmation will represent the definitive record (absent manifest error) of all loans made to that TALF Agent’s borrowers and all collateral pledged as security for those loans.
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Loan Closing Date. Subject to and upon the terms and conditions herein set forth, including the definitions contained herein, the Lenders shall lend to the Borrower and the Borrower shall borrow from the Lenders the sum of Four Million Nine Hundred Fifty Thousand and No/100 Dollars ($4,950,000.00) evidenced by two (2) promissory notes, one in the principal amount of Two Million Five Hundred Thousand and No/100 Dollars ($2,500,000.00) and the other in the principal amount of Two Million Four Hundred Fifty Thousand and No/100 Dollars ($2,450,000.00). Such borrowing is being made simultaneously with the execution of this Agreement at Orange County, Florida, on October 25, 1995, (the "Closing Date").
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Loan Closing Date. Xxxxxx's obligation to fund under this Commitment shall terminate on the earlier of (i) the date which is eighteen (18) months after the date hereof and (ii) the date on which any alternate financing contemplated by Section 18 below is funded and the Construction Loan from PNC Bank, National Association made to Borrower on the date hereof is repaid from the proceeds thereof.
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Loan Closing Date. The effective date of either (i) the Construction Loan for a particular Construction Project, or (ii) a Permanent Advance under the Permanent Loan.
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Loan Closing Date. 1 Loss...............................................................39 lease..............................................................46 lien...............................................................46 multiple employer plan.............................................21 multi-employer plan................................................22
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Loan Closing Date. Xxxxxx's obligation to fund under this Commitment shall terminate on September 30, 1998. The foregoing notwithstanding, Borrower shall have one (1) option to extend the expiration date of this Commitment for one additional period of six (6) months upon written request of Xxxxxxxx accompanied by an extension fee equal to one half of one percent (.5%) percent of the Loan ($72,500), such extension notice and commitment fee to be due and payable on or before September 30, 1998, time being of the essence. 6.
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Related to Loan Closing Date

  • Initial Closing Date The obligation of each Buyer hereunder to purchase the Initial Preferred Shares at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for each Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

  • The First Closing Date Delivery of certificates for the Firm Shares to be purchased by the Underwriters and payment therefor shall be made at the offices of Xxxxxxxxx & Xxxxxxx LLP (or such other place as may be agreed to by the Company and the Representatives) at 9:00 a.m. New York City time, on [•], or such other time and date not later than 1:30 p.m. New York City time, on [•] as the Representatives shall designate by notice to the Company (the time and date of such closing are called the “First Closing Date”). The Company hereby acknowledges that circumstances under which the Representatives may provide notice to postpone the First Closing Date as originally scheduled include, but are not limited to, any determination by the Company or the Representatives to recirculate to the public copies of an amended or supplemented Prospectus or a delay as contemplated by the provisions of Section 11.

  • Closing Date The date and time of the issuance and sale of the Note pursuant to this Agreement (the “Closing Date”) shall be on or around May 7, 2019.

  • Funding Date The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Closing; Closing Date Closing" and "Closing Date" have the meanings set forth in Section 5.3.

  • Extension of Closing Date 54 (a) If Paragraph 8(b) is checked and Closing funds from Buyer’s lender(s) are not available on Closing Date due 55 to Consumer Financial Protection Bureau Closing Disclosure delivery requirements (“CFPB Requirements”), 56 then Closing Date shall be extended for such period necessary to satisfy CFPB Requirements, provided such 57 period shall not exceed 10 days.

  • Facility Closings Not later than 11:30 A.M. (New York City local time) on the Closing Day for any Accepted Notes, the Company will deliver to each Purchaser listed in the Confirmation of Acceptance relating thereto at the offices of Prudential Capital Group, 000 Xxxxx Xxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxxxxx 00000, Attention: Law Department, or at such other place as Prudential may have directed, the Accepted Notes to be purchased by such Purchaser in the form of one or more Notes in authorized denominations as such Purchaser may request for each Series of Accepted Notes to be purchased on the Closing Day, dated the Closing Day and registered in such Purchaser’s name (or in the name of its nominee), against payment of the purchase price thereof by transfer of immediately available funds for credit to the Company’s account specified in the Request for Purchase of such Notes. If the Company fails to tender to any Purchaser the Accepted Notes to be purchased by such Purchaser on the scheduled Closing Day for such Accepted Notes as provided above in this paragraph 2A(7), or any of the conditions specified in paragraph 3 shall not have been fulfilled by the time required on such scheduled Closing Day, the Company shall, prior to 1:00 P.M., New York City local time, on such scheduled Closing Day notify Prudential (which notification shall be deemed received by each Purchaser) in writing whether (i) such closing is to be rescheduled (such rescheduled date to be a Business Day during the Issuance Period not less than one Business Day and not more than 10 Business Days after such scheduled Closing Day (the “Rescheduled Closing Day”)) and certify to Prudential (which certification shall be for the benefit of each Purchaser) that the Company reasonably believes that it will be able to comply with the conditions set forth in paragraph 3 on such Rescheduled Closing Day and that the Company will pay the Delayed Delivery Fee in accordance with paragraph 2A(8)(iii) or (ii) such closing is to be canceled. In the event that the Company shall fail to give such notice referred to in the preceding sentence, Prudential (on behalf of each Purchaser) may at its election, at any time after 1:00 P.M., New York City local time, on such scheduled Closing Day, notify the Company in writing that such closing is to be canceled. Notwithstanding anything to the contrary appearing in this Agreement, the Company may not elect to reschedule a closing with respect to any given Accepted Notes on more than one occasion, unless Prudential shall have otherwise consented in writing.

  • The Closing Date Delivery of certificates for the Securities in definitive form to be purchased by the Underwriters and payment therefor shall be made at the offices of Xxxxxx Xxxxxx & Xxxxxxx llp, 00 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (or such other place as may be agreed to by the Company and the Representatives) at 9:00 a.m. New York City time, on July 2, 2019 or such other time and date as the Representatives shall designate by notice to the Company (the time and date of such closing are called the “Closing Date”).

  • Additional Closing (i) Upon the terms and subject to the conditions set forth herein, five (5) calendar days following the filing with the Commission of a Registration Statement registering the resale of the maximum aggregate number of (i) shares of Common Stock issuable pursuant to the conversion of the Preferred Stock and (ii) Warrant Shares issuable upon exercise of the Warrants issuable pursuant to this Agreement (collectively, the “Registrable Securities”), upon satisfaction of the applicable deliveries and closing conditions set forth in Section 2.2, the Company agrees to sell, and the Purchaser agrees to purchase, an additional five hundred (500) shares of Preferred Stock at price of $1,000 per share of Preferred Stock. Concurrently with the issuance of the Preferred Stock, the Company shall issue to Purchaser a Warrant to purchase up to a number of Warrant Shares equal to the number of shares of Conversion Shares issuable upon conversion of the Preferred Stock issued at the Additional Closing. The Purchaser shall deliver to the Company, via wire transfer immediately available funds equal to the Purchaser’s Subscription Amount as set forth on the signature page hereto executed by the Purchaser, and the Company shall deliver to the Purchaser such number of shares of the Preferred Stock purchased and the Warrant, as determined pursuant to Section 2.2(a) and the Purchaser shall deliver the other items set forth in Section 2.2 deliverable at the Additional Closing. Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Additional Closing shall occur at the offices of Xxxxx Xxxxxxx LLP, counsel to the Purchaser, or such other location as the parties shall mutually agree.

  • Additional Closings Following the Initial Closing, at any time and from time to time during and up to and including December 31, 2020 (the “Additional Closing Period”), the Company may, at one or more additional closings as determined by the Company (each an “Additional Closing” and together with the Initial Closing, a “Closing”), without obtaining the signature, consent or permission of any of the Lenders in the Initial Closing or any prior Additional Closing, issue additional Notes to other investors (the “New Lenders”) up to the portion of the Loan Amount remaining after the Initial Closing on the same terms and conditions as set forth herein. The New Lenders may include persons or entities who are already Lenders under this Purchase Agreement and each New Lender shall execute and deliver a signature page to this Purchase Agreement and the Note to the Company, becoming a party to, and bound by, this Agreement to the same extent as if the New Lender had been a Lender at the Initial Closing and each such New Lender shall be deemed to be a Lender for purposes under this Agreement as of the date of the applicable Additional Closing. The Company, in its sole discretion, may shorten the Additional Closing Period.

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