Examples of Advance Closing in a sentence
Each Closing shall take place on the applicable Advance Closing Date.
The Subsequent Advance Closing shall take place remotely via the exchange of documents and signatures or at such location as may be mutually acceptable by the parties.
Concurrently with or immediately following the Subsequent Advance Closing, each of the Company and the Purchasers shall execute and deliver the Note(s) purchased pursuant to Section 2 hereof to which it is party.
Without derogating from the generality of the foregoing, prior to the Advance Closing Date, the Company shall obtain the TASE Approval evidencing the consent of the TASE, to the listing of the Shares on the TASE.
The First Advance Lender agrees to make the First Advance to the Borrower in accordance with the First Advance Commitment on the First Advance Closing Date.
At the Subsequent Advance Closing (as hereinafter defined), each Purchaser shall pay to the Company the U.S. dollar amount set opposite such Purchaser’s name in the Subsequent Advance Schedule of Purchasers hereof by wire transfer of immediately available U.S. dollar funds to the bank account designated in writing by the Company to each Purchaser prior to the Subsequent Advance Closing.
Failure to do so can result in your immediate termination. The disclosure form must be fully explained to every potential borrower to a transaction.
On and after the First Advance Closing Date and the entry of the Order, the Order and the Loan Documents are sufficient to provide the Superpriority Claims and Liens described in, and with the priority provided in, Section 2.7 of this Agreement and the Order.
Subject to the conditions set forth in this Section 2.7, an Advance Closing Payment (as defined in Section 2.7(a) below) shall be calculated and payable at the Closing in accordance with the provisions hereof.
If Additional Term Advances are provided in accordance with this Section, Agent and the Company shall determine the effective date (the “Additional Term Advance Closing Date”) and the final allocation of such Additional Term Advances.