Closing Date Funds Flow Memorandum definition

Closing Date Funds Flow Memorandum shall have the meaning given to it in the Depository Agreement.
Sample 1Sample 2Sample 3
Closing Date Funds Flow Memorandum means that certain funds flow memorandum to be delivered in respect of the Closing Date pursuant to the Loan Agreement in a form and substance acceptable to the Lenders, the Administrative Agent and the Depositary Agent.
Sample 1Sample 2
Closing Date Funds Flow Memorandum shall have the meaning given to it in the Depository Agreement. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
Sample 1Sample 2

Examples of Closing Date Funds Flow Memorandum in a sentence

  • On the Closing Date, the Funding Account may be funded with Loan proceeds funded under the Loan Agreement in the amount shown in the Closing Date Funds Flow Memorandum.

  • To the extent applicable, the funding of the Debt Service Reserve Account will be reflected in the Closing Date Funds Flow Memorandum and funding instructions given by the Borrower to the Administrative Agent and the Depository Bank prior to the Closing Date.

  • Borrower shall deposit, or cause to be deposited, in the ITC Insurance Policy Account, (i) on the Closing Date, an amount equal to the ITC Insurance Policy Retention Reserve Amount as of the Closing Date from the Funding Account in accordance with the Closing Date Funds Flow Memorandum and pursuant to Section 4.02(f) (Funding Account) and (ii) all proceeds received by the Borrower or any Subsidiary under the ITC Insurance Policy in respect of any ITC Loss.

  • Borrower shall deposit, or cause to be deposited, in the Supplemental Reserve Account, (i) an amount equal to the Supplemental Reserve Funding Amount from the Funding Account in accordance with the Closing Date Funds Flow Memorandum and pursuant to Section 4.02(f) (Funding Account), (ii) all amounts transferred from the Collections Account pursuant to Section 4.02(a)(vii) (Collections Account) and (iii) all Tax Equity Option Contribution Amounts.

  • Annex 1 to Notice of Borrowing Closing Date Funds Flow Memorandum [To be attached.] [***] DESIGNATES PORTIONS OF THIS DOCUMENT THAT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED SEPARATELY WITH THE COMMISSION.

  • The funding of the Debt Service Reserve Account, the Supplemental Reserve Account and the Inverter Replacement Reserve Account will be reflected in the Closing Date Funds Flow Memorandum and funding instructions given by the Borrower to the Administrative Agent and the Depositary Agent prior to the Closing Date.

  • The Closing Date Funds Flow Memorandum outlining the use of the Loans.

  • To the extent applicable, the funding of the Debt Service Reserve Account and the other Reserve Accounts will be reflected in the Closing Date Funds Flow Memorandum and funding instructions given by the Borrower to the Administrative Agent and the Depository Agent prior to the Closing Date.

  • On each date on which Revolving Loans are funded, as notified to the Depository Bank by the Borrower in the Closing Date Funds Flow Memorandum or an Executed Withdrawal/Transfer Certificate, the Depository Bank shall transfer on such date the amounts specified therein from the Funding Account to the Persons identified in the applicable Executed Withdrawal/Transfer Certificate.

  • The Closing Date Funds Flow Memorandum outlining the use of the Loans which shall be in compliance with Section 2.01(c), including reflecting the deposit of the Escrowed Amount into the Proceeds Escrow Account.


More Definitions of Closing Date Funds Flow Memorandum

Closing Date Funds Flow Memorandum shall have the meaning given to such term in the Depositary Agreement. “Code” shall mean the United States Internal Revenue Code of 1986, and the regulations promulgated pursuant thereto, all as amended or as may be amended from time to time. “Collateral” shall mean the Assets and Property of, and equity interests in, the Borrower and each Guarantor, which is now owned or hereafter acquired upon which a Lien is or is purported to be created by any Collateral Document and shall include all Assets and Property within the terms “Collateral”, “Depository Collateral”, “Collateral Account” and “Pledged Collateral”, as applicable, in the Collateral Documents all of which collectively constitute the “Collateral”. “Collateral Accounts” shall have the meaning given to such term in the Depository Agreement. “Collateral Agency Agreement” shall mean the Amended and Restated Collateral Agency and Intercreditor Agreement, dated as of the Effectiveness Date, among the Borrower, the Administrative Agent, the Collateral Agent and each other Secured Party thereto from time to time. “Collateral Agent” shall mean Silicon Valley Bank, a division of First-Citizen Bank & Trust Company and its successors and assigns in such capacity. “Collateral Documents” shall mean, collectively, the Pledge Agreement, the Pledge and Security Agreement, the Cash Diversion Guaranty, the Guaranty and Security Agreement, the Collateral Agency Agreement, the Depository Agreement, the Tax Equity Consent, the REC Contract Consent, the Account Control Agreement, the Standing Instructions and each other collateral document, pledge agreement or standing instruction delivered to the Administrative Agent pursuant to Section 5.08 and any other document or agreement that creates or purports to create a Lien in favor of the Collateral Agent for the benefit of the Secured Parties and all UCC or other financing statements, instruments or perfection and other filings, recordings and registrations required to be filed or made in respect of any of the foregoing. “Collections” shall mean without duplication, with respect to Fund IV Opco, the (a) Rents and PBI Payments, including all scheduled payments and prepayments under any
Sample 1
Closing Date Funds Flow Memorandum that certain funds flow memorandum to be delivered in respect of the Closing Date pursuant to the Credit Agreement in a form and substance acceptable to the Administrative Agent and the Depository Bank.
Sample 1

Related to Closing Date Funds Flow Memorandum

  • Funds Flow Memorandum means the flow of funds memorandum in the agreed form prepared on behalf of the Company by Xxxxxx Xxxxxxxx containing details of the flow of funds at Closing.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit G-1.

  • Closing Memorandum means the form of closing memorandum to be prepared by Apple for the Closing under this Agreement in which are included the forms of certificates of officers, the opinions of counsel and certain other documents to be delivered at the Closing as provided in Article VII.

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

  • Funds Flow Statement means a funds flow statement in agreed form.

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Closing Date Business Plan means the set of Projections of Borrower for the 1 year period following the Closing Date (on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Closing Date Term Loans as defined in Section 2.1.

  • 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.

  • Preliminary Closing Statement shall have the meaning set forth in Section 2.3(a).

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Final Memorandum shall have the meaning set forth in the Purchase Agreement.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Restructuring Transactions Memorandum means a document, to be included in the Plan Supplement, that sets forth the material components of the Restructuring Transactions and a description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan, including the reorganization of the Debtors and issuance of the New Valaris Equity, through the Chapter 11 Cases, the Plan, or any Implementation Mechanism (including, in the United Kingdom, through the Administration).

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • business acquisition report means a completed Form 51-102F4 Business Acquisition Report;

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.