Applicable Funding Condition definition

Applicable Funding Condition means the Tranche A Funding Condition, the Tranche B Funding Condition, the Tranche C Funding Condition or the Tranche D Funding Condition, as the context may require.

Applicable Funding Condition means that (1) a “Qualifying IPO” (as defined below) has occurred, (2) the Warrants – Tranche 2 have been duly executed and delivered to Agent, and (3) Agent has received a completed Credit Extension Form, in accordance with Section 2.3(a).

Applicable Funding Condition has the meaning set forth in the Loans Schedule.

Examples of Applicable Funding Condition in a sentence

• There- fore, the sample included women who create and sell social media content, home cooking, sweets, clothes, accessories, Table 1.

• The Applicable Funding Condition shall have been satisfied as set forth on the Loans Schedule.

• Participation fees and fronting fees accrued through the last day of March, June, September and December of each year will be payable on the third Business Day following such last day, commencing on the first such date to occur after the Effective Date; provided that all such fees accrued to the date on which the Commitments terminate will be payable on such date, and any such fees accruing after such date will be payable on demand.

• The Applicable Funding Condition shall have been satisfied in form and substance reasonably satisfactory to each Lender.

• Credit Facility #2: Credit Facility and Type: Term, Tranche 2 MidCap Financial SBIC, LP $ 7,500,000 MidCap Financial, LLC $ 2,500,000 Applicable Funding Condition: means (1) Agent has received evidence of positive data based on pre-specified endpoints from Borrower’s ZS004 trial, (2) Agent has received a completed Credit Extension Form, in accordance with Section 2.3(a), and (3) Agent has received the fee set forth in the Fee Letter in respect of the funding of Tranche 2.

More Definitions of Applicable Funding Condition

Applicable Funding Condition means, with respect to each tranche, the Tranche A Funding Condition or Tranche B Funding Condition, as applicable. “Applicable Funding Date” shall mean, with respect to each tranche, the Tranche A Funding Date or Tranche B Funding Date, as applicable. “Applicable Percentage” shall mean 6.50% for Net Sales during any Fiscal Year. “Applicable Tranche” shall mean Tranche A or Tranche B, as applicable. “Arm’s Length Transaction” shall mean, with respect to any transaction, the terms of such transaction shall not be less favorable to any Obligor or any of its Subsidiaries than commercially

Applicable Funding Condition means that (i) the Closing Date shall have occurred and (ii) the Tirbanibulin FDA Approval shall have been received and the Administrative Agent shall have received evidence thereof in form and substance satisfactory to the Administrative Agent and the Oaktree Lender.

Applicable Funding Condition means that (i) the Closing Date shall have occurred, (ii) the Administrative Agent shall have received the Tranche C Revenue Condition Certificate and (iii) [***].

Applicable Funding Condition with respect to the Tranche A Term Loans, Tranche B Term Loans and Tranche C Term Loans and other conditions precedent to the borrowing of the Tranche A Term Loans Tranche B Term Loans and Tranche C Term Loans shall have been satisfied or waived and the Tranche A Term Loans Tranche B Term Loans and Tranche C Term Loans shall have been funded by the Lenders in accordance with Section 2.01. “Tranche D Net Sales Condition Certificate” means a certificate substantially in the form of Exhibit M-2 signed by a Responsible Officer of the Borrower as of the end of the applicable quarter indicating that Net Sales for the trailing twelve (12) consecutive month period exceed [***]. Tranche E Term Loans Lenders and their respective Applicable Commitments1: 1 It being acknowledged and agreed that at the Closing Date and until satisfaction of the conditions precedent to the Tranche E Term Loan (i) the Commitment set out for Tranche E in the amount set forth opposite such Xxxxxx’s name on Schedule 1 is not committed as at the Closing Date, but is indicative only of the amount that would constitute such Lender’s pro-rata portion of the Tranche E Term Loans to be offered and agreed in accordance with

Applicable Funding Condition with respect to a tranche of Loans, has the meaning set forth in the Loans Schedule for such tranche of Loans. 268911794 v5 ​ ​ ​

Applicable Funding Condition means that the Closing Date shall have occurred.

Applicable Funding Condition means, (i) with respect to the Tranche A Term Loans, the conditions precedent set forth in Section 6, and (ii) with respect to each other tranche of Loans, the meaning set forth in the Loans Schedule for such tranche of Loans. “Applicable Funding Date” means, (i) with respect to the Tranche A Term Loans, the Closing Date, and (ii) with respect to each other tranche of Loans, the date during the Applicable