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 has the meaning set forth in the Loans Schedule.
Applicable Funding Condition means that (1) a “Qualifying IPO” (as defined below) has occurred, (2) the WarrantsTranche 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).

Examples of Applicable Funding Condition in a sentence

  • The Applicable Funding Condition shall have been satisfied in form and substance reasonably satisfactory to the Administrative Agent and the Oaktree Lender.

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


More Definitions of Applicable Funding Condition

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 (i) the Closing Date shall have occurred and (ii) the Administrative Agent shall have received the Tranche E Revenue Condition Certificate.
Applicable Funding Condition means that (i) the Closing Date shall have occurred and (ii) the Oral Paclitaxel and Encequidar 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 D Net Sales Condition Certificate and (iii) the “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 means that (i) the Closing Date shall have occurred and (ii) the BXCL 501 FDA Approval shall have been received and the Administrative Agent shall have received evidence thereof.
Applicable Funding Condition means [***].
Applicable Funding Condition means that the Closing Date shall have occurred.