Examples of Additional Funding Date in a sentence
Subject to the terms and conditions of this Agreement, each closing with respect to an Additional Funding Amount shall take place no later than 5:00 p.m. on the applicable Additional Funding Date.
Sam Rose, Founder & CEO of Mvnifest, is experiencing fast growth and uses every penny from the cash back she earns on her Chase Ink Business Pre- mier card to reinvest into her company’s people.
Subject to the terms and conditions set forth in this Agreement, each Lender hereby severally and not jointly agrees to make an additional term loan in a single draw in Dollars (the “Additional Term Loan”) to the Borrower on the Additional Funding Date, in an amount equal to such Lender's Commitment Percentage of the principal amount of the Reinstated Commitments as shall be requested by the Borrower.
Exelixis hereby agrees to issue to Holdings, and Holdings hereby agrees to acquire from Exelixis, the B Warrants on the second Business Day immediately following the Additional Funding Date (the “B Warrant Date”).
On each Additional Funding Date, Purchaser shall pay to Sellers Agent by 5:00 p.m. an amount equal to the Additional Funding Amount for such Funding Date (as such Additional Funding Amount may be adjusted in accordance with Clause 3.2) by wire transfer of immediately available funds to the Seller’s Account (or, if no Seller’s Account has been designated as of such Additional Funding Date, to the Collections Account).
Subject to the terms and conditions set forth herein, during the Third Additional Funding Availability Period, each Term Lender agrees to make a Third Additional Term Loan to the Borrower on the Third Additional Funding Date denominated in Dollars in a principal amount equal to its Third Additional Term Loan Commitment.
Subject to the terms and conditions set forth herein, during the First and Second Additional Funding Availability Period, each Term Lender agrees to make a First Additional Term Loan to the Borrower on the First Additional Funding Date denominated in Dollars in a principal amount equal to its First Additional Term Loan Commitment.
Subject to the terms and conditions set forth herein, during the First and Second Additional Funding Availability Period, each Term Lender agrees to make a Second Additional Term Loan to the Borrower on the Second Additional Funding Date denominated in Dollars in a principal amount equal to its Second Additional Term Loan Commitment.
The requested borrowing shall be in an integral multiple of $500,000 and not less than $5,000,000 in the aggregate for each such Additional Funding Date or $1,000,000 in the aggregate on each such Extended Funding Date.
On the Additional Funding Date, (i) the Percentages of the respective Lenders and Additional Funding Lenders shall be appropriately adjusted, and (ii) the Borrower and any Additional Funding Lender that is not already a Lender shall execute and deliver any additional Notes or other amendments or modifications to this Agreement or any other Loan Document as the Administrative Agent may reasonably request.