Applicable Funding Conditions definition

Applicable Funding Conditions means the following:
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Applicable Funding Conditions means (A) Parent shall have complied in all respects with Sections 107
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Applicable Funding Conditions means Agent has received evidence reasonably satisfactory to Agent that (a) after the Third Amendment Effective Date, Parent has issued equity interests (other than Disqualified Stock) and actually received unrestricted net cash proceeds of at least $20,000,000 from such issuance and (b) all such unrestricted net cash proceeds have been contributed to the capital of Exicure Operating Company and Exicure Operating Company has actually received such capital contribution.
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Examples of Applicable Funding Conditions in a sentence

  • The satisfaction of the Applicable Funding Conditions for this Credit Facility.

  • The later to occur of (a) the Closing Date, or (b) satisfaction of the Applicable Funding Conditions for this Credit Facility.

  • The later to occur of (a) Second Amendment Effective Date or (b) satisfaction of the Applicable Funding Conditions for this Credit Facility #3.

  • The later to occur of (a) February 1, 2021 or (b) satisfaction of the Applicable Funding Conditions for this Credit Facility #4.

  • The later to occur of (a) the satisfaction of the Applicable Funding Conditions for this Credit Facility and (b) September 30December 31, 2021.

  • The later to occur of (a) February 1, 2020 or (b) satisfaction of the Applicable Funding Conditions for this Credit Facility #2.

  • The later to occur of (a) May 1, 2020 or (b) satisfaction of the Applicable Funding Conditions for this Credit Facility #3.

  • The date on which the Applicable Funding Conditions for this Credit Facility have been satisfied.

  • The later to occur of (a) Second Amendment Effective Date or (b) satisfaction of the Applicable Funding Conditions for this Credit Facility #2.

  • The later to occur of (a) the satisfaction of the Applicable Funding Conditions for this Credit Facility and (b) September 30, 2021.


More Definitions of Applicable Funding Conditions

Applicable Funding Conditions means BioCryst has publicly announced positive clinical data on the APeX-2, Phase 3 trial for BCX7353 that meets at least the primary endpoint on one dose level such that the clinical trial is sufficient for filing a new Drug Application for FDA approval and BioCryst publicly states in its press release reporting the data that it definitively intends to file such a new Drug Application.
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Applicable Funding Conditions section in the Credit Facility #3 Schedule in the Original Credit Agreement is hereby deleted and replaced in its entirety with the following:
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Applicable Funding Conditions means the date on which Agent and each Lender determine, in their sole discretion, exercised in good faith, of Agent and each Lender, that the Borrower has consummated (or will consummate, substantially contemporaneously with the advance of proceeds of this Credit Facility) a “Permitted Acquisition” (as defined below).
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Applicable Funding Conditions means the following: Agent has received evidence reasonably satisfactory to Agent that Afrezza Net Revenue for the preceding twelve (12) calendar months ending on the last day of the month for which Borrower delivered (or was required to deliver pursuant to Section 6.2(b) hereof) a Compliance Certificate is greater than or equal to $30,000,000.
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Related to Applicable Funding Conditions

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Required Overcollateralization Amount With respect to any Distribution Date, (a) prior to the Stepdown Date, an amount equal to 1.80% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, (b) on or after the Stepdown Date if a Trigger Event is not in effect, the greater of (i) an amount equal to 3.60% of the aggregate outstanding Stated Principal Balance of the Mortgage Loans after giving effect to distributions made on that Distribution Date and (ii) the Overcollateralization Floor and (c) on or after the Stepdown Date if a Trigger Event is in effect, an amount equal to the Required Overcollateralization Amount from the immediately preceding Distribution Date. The Required Overcollateralization Amount may be reduced so long as written confirmation is obtained from each Rating Agency that such reduction shall not reduce the ratings assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency. Residential Funding: Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Depositor and any successor thereto.

  • Class B Required Amount shall have the meaning set forth in subsection 4.04(b).

  • Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.

  • Targeted Overcollateralization Amount means, for a Payment Date, an amount equal to:

  • Overcollateralization Deficiency Amount With respect to any Distribution Date, the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount on such Distribution Date (assuming that 100% of the Principal Remittance Amount is applied as a principal distribution on such Distribution Date).

  • Class A Required Amount shall have the meaning specified in subsection 4.04(a).

  • Target Overcollateralization Amount means, with respect to any Payment Date, 3.00% of the Adjusted Pool Balance as of the Cutoff Date. Notwithstanding the foregoing, the Target Overcollateralization Amount shall not exceed the Adjusted Pool Balance on such Payment Date.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.