Examples of Advancement Date in a sentence
Subject to the terms and conditions set forth in this Agreement, Lender agrees to make Advances to Borrower on any Business Day from the date hereof to, but excluding the Final Advancement Date identified for said Advances, so long as no Event of Default or Potential Default has occurred.
The obligation to advance funds may be terminated in Agent’s sole discretion prior to the Final Advancement Date if intervening liens have been filed on any Collateral since the Closing Date.
Xxxxxx, Vice President, Institutional Advancement Date Executive Director, SCSU Foundation, Inc.
Further, the Purchaser shall lend to the Company an additional amount of $25,000,000 on each of May 31, August 31 and November 30, 2022 (the “Advancement Dates”) if the Effective Date has not occurred on or prior to the Business Day immediately preceding each Advancement Date, with the aggregate principal amount to be extended by the Purchaser to the Company not to exceed $100,000,000.
On the date on which any portion of the Principal Indebtedness is first advanced to Maker (the “Advancement Date”), unless such date is the first (1st) day of a calendar month, Maker shall pay to Holder interest on the Principal Indebtedness so advanced, at the Interest Rate, for the period from and including the Advancement Date to and including the last day of the calendar month in which the Advancement Date occurs.
Interest paid on the Advancement Date shall be calculated on the basis of a 365-day year and the actual number of days from and including the Advancement Date to and including the last day of the calendar month in which the Advancement Date occurs.
If the date on which Principal Indebtedness is advanced to Maker ("the Advancement Date") is not the first day of a calendar month, then Maker shall pay to Holder on the first day of the first calendar month following the Advancement Date, interest only on the Principal Indebtedness, at the Interest Rate, calculated on the basis of a 365-day year and the number of days from and including the Advancement Date to and including the last day of the calendar month in which the Advancement Date occurs.
Said interest shall be payable on the 1st day of each month, commencing the first day of the month following the first Advance through and including the Term Loan Final Advancement Date.
Signature: Signature: Print Name: Print Name: Xxxxxx Xxxxx Title: Title: Interim VP for Institutional Advancement Date: Date: DEPARTMENT SUBMITTING AGREEMENT Department: Representative: Phone: Email Address: Foundation Account Name: Foundation Account Number: Please return completed agreement to the Office of Institutional Advancement, 0000 X.
The Standing Counsels shall extent their full co-operation in every respect so as to file counter affidavits by the officials in time.