DDTL Funding Date definition

DDTL Funding Date has the meaning assigned to such term in Section 2.1(a).
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DDTL Funding Date means the date on or before the date which is thirty (30) days after the Closing Date.
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DDTL Funding Date means the date on which all the conditions precedent to the 2020 Delayed Draw Term Loans, listed in Section 5.02 of Amendment No. 1, shall have been satisfied or waived in accordance therewith and the funding of the 2020 Delayed Draw Term Loans shall have occurred in accordance with the terms of Amendment No. 1.
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Examples of DDTL Funding Date in a sentence

  • In order to induce the Lenders and the Administrative Agent to enter into this Agreement and to induce the Lenders to make the Loans, the Borrower makes, on the Closing Date and each New Money DDTL Funding Date, the following representations and warranties to the Administrative Agent and the Lenders, all of which shall survive the execution and delivery of this Agreement and the making of the Loans.

  • The entire amount of the Subsequent Funding Fee shall be fully earned, and shall be due and payable in full, on each such New Money DDTL Funding Date.

  • Para todas estas aplicaciones las propiedades superficiales, las dimensiones y la morfología desempeñan un papel importante.

  • On the Closing Date and on each New Money DDTL Funding Date, each Credit Party is in compliance in all material respects with the applicable provisions of the USA Patriot Act.

  • During the New Money DDTL Commitment Period, subject to and upon the terms and conditions set forth herein, each Lender having a Commitment severally agrees to make term loans (each, a “New Money Delayed Draw Term Loan”) to the Borrower on each New Money DDTL Funding Date in an amount not to exceed to such Lender’s Commitment on such date (or such lesser amount as may be requested by the Borrower).

  • The Lenders shall have received the Delayed Draw Upfront Fees required to be paid in connection with such DDTL Funding Date.

  • Subject to Article IV, no later than 3:00 p.m. (New York City time) on a New Money DDTL Funding Date, each Lender will make available its pro rata portion based on its Commitment of the Loans to be made on such date in the manner provided below.

  • Requests received and accepted by the Managers or any agent or distributor appointed by the Managers by the Dealing Deadline on a Dealing Day shall be realised at that Dealing Day’s realisation price calculated in accordance with the Deed.

  • The ticking fee shall accrue at all times during the period beginning on the first Business Day following the Closing Date and ending on the DDTL Funding Date, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the DDTL Funding Date.

  • Subject to the terms and conditions set forth herein, each 2020 DDTL Lender, severally but not jointly, agrees, on or prior to the DDTL Commitment Expiration Date (as defined hereinafter), to make a 2020 Delayed Draw Term Loan to the Borrower on the DDTL Funding Date in a principal amount set forth opposite such 2020 DDTL Lender’s name on Schedule I hereto (each such amount, a “2020 DDTL Commitment”).


More Definitions of DDTL Funding Date

DDTL Funding Date means (a) with respect to the Delayed Draw Term Loans Tranche A, the date of funding of the Delayed Draw Term Loans Tranche A and (b) with respect to the Delayed Draw Term Loans Tranche B, the date specified in the Tranche B Election Notice, to the extent delivered by the Lenders; provided, that, notwithstanding any provision herein to the contrary, (i) if the Delayed Draw Term Loan Tranche A is funded, then the DDTL Funding Date with respect to the Delayed Draw Term Loan Tranche B will be on the same date as the funding of the Delayed Draw Term Loans Tranche A, and (ii) if the Delayed Draw Term Loan Tranche A is not funded, the DDTL Funding Date with respect to the Delayed Draw Term Loan Tranche B will be no later than August 31, 2023.
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DDTL Funding Date means one or more dates (but not to exceed four) during the Delayed Draw Period on which DDTL Advances are made.
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DDTL Funding Date means, in the case of any Additional Committed Loan, the date the Lenders, as applicable, fund the Committed Borrowing of any Additional Committed Loan.
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DDTL Funding Date means, with respect to any Delayed Draw Term Loan, the Business Day prior to the DDTL Commitment Termination Date on which such Delayed Draw Term Loan is funded.
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DDTL Funding Date means a date, on or after the Closing Date but not after the DDTL Commitment Termination Date, on which the conditions specified in Section4.02 are satisfied (or waived in accordance withSection 12.01). -10-
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Related to DDTL Funding Date

  • Initial Funding Date means the date on or after the Closing Date, on which all of the conditions described in Section 6.1 have been satisfied (or waived) in a manner satisfactory to the Administrative Agent and the Lenders and on which the initial Loans under this Agreement are made by the Lenders to the Borrower.

  • Delayed Draw Funding Date means any date on which the Delayed Draw Term Loans are funded hereunder, which shall in no event be later than the Delayed Draw Term Loan Commitment Termination 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.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit pursuant to Section 6.01 hereof.

  • Refunding Date as defined in Section 2.7.

  • Pre-Funding Period means the period beginning on the Closing Date and ------------------ ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Ending Date means the last day of each Offering Period.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the September 2003 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the March 2004 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferors may determine by written notice to the Trustee and the Servicer. For this purpose, the "Excess Spread Percentage" for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Initial Loan is defined in Section 2.1.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Offering Funding Date means the date on which the offering for the Series Asset is fully funded through an offering conducted by the Company.

  • Second Closing Date means the date of the Second Closing.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.