Draw Down Closing Date definition

Draw Down Closing Date shall have the meaning assigned to such term in Section 6.1(b) hereof.
Draw Down Closing Date shall have the meaning set forth in Section 1.4(b).

Examples of Draw Down Closing Date in a sentence

  • The number of shares of Common Stock purchased by the Purchaser with respect to each Draw Down shall be determined on the Draw Down Closing Date, which shall be the next Trading Day following the Draw Down date.

  • The representations and warranties of the Purchaser shall be true and correct in all material respects as of the date when made and as of the Closing and as of each Draw Down Closing Date as though made at that time, except for representations and warranties that speak as of a particular date.

  • The Purchaser shall have performed, satisfied and complied in all material respects with all material covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by the Purchaser at or prior to the Closing and as of each Draw Down Closing Date.

  • Section 1.3(c) Draw Down Closing Date...........................................

  • The Applicable Conversion Price of the Preferred Shares that shall be issued and sold to the Purchaser on each Draw Down Closing Date shall be equal to the lower of (a) the Initial Series B Conversion Price and (b) the sum of (A) the average of the daily Market Prices of the Common Stock for the 20 consecutive trading days ending on the Business Day immediately preceding such Draw Down Closing Date plus (B) 15% of the amount specified in clause (A).

  • To exercise such right of withdrawal with respect to any scheduled Draw Down Closing Date, the Company shall provide each Purchaser with written notice of exercise of such withdrawal not later than the second Business Day immediately preceding such scheduled Draw Down Closing Date.

  • But the causal nature of this relation- ship may not be that straightforward.

  • The headings in this Agreement shall be accorded no significance in interpreting it.

  • The date of each Draw Down Closing is referred to herein as a "Draw Down Closing Date." ---------------------- Unless mutually agreed by the Company and the Purchaser, no Draw Down Closing Date shall take place earlier than the 45/th/ day after a prior Draw Down Closing Date.

  • The Applicable Conversion --------------------------------- Price of the Preferred Shares that shall be issued and sold to the Purchaser on each Draw Down Closing Date shall be equal to the lower of (a) the Initial Series B Conversion Price and (b) the sum of (A) the average of the daily Market Prices of the Common Stock for the 20 consecutive trading days ending on the Business Day immediately preceding such Draw Down Closing Date plus (B) 15% of the amount specified in clause (A).

Related to Draw Down Closing Date

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

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

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

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

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • 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.

  • Additional Closing Date has the meaning set forth in Section 3.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

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

  • IPO Closing Date means the closing date of the IPO.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

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

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

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • 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 Closing shall have the meaning ascribed to such term in Section 2.1.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Acquisition Closing Date means the “Closing Date” as defined in the Acquisition Agreement.

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

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.