Draw Period A definition

Draw Period A is the period of time commencing upon the Effective Date and continuing through the earlier to occur of (a) December 31, 2017, or (b) an Event of Default. “Draw Period B” is the period of time commencing upon the occurrence of the Funding Milestone Event and continuing through the earlier to occur of (a) October 6, 2018, or (b) an Event of Default.

Draw Period A is the period of time from the Effective Date through the earlier to occur of (a) February 28, 2010 or (b) an Event of Default.

Draw Period A is the period of time from the Effective Date through the earlier to occur of (a) September 30, 2013 or (b) an Event of Default.

Examples of Draw Period A in a sentence

• Subject to the terms and conditions of this Agreement, during Draw Period A, upon Borrower’s request, Bank shall make advances (each a “Term A Loan Advance” and collectively, the “Term A Loan Advances”) to Borrower in an aggregate original principal amount not to exceed Ten Million Dollars ($10,000,000.00).

• Prior to joining Denny’s in 2007, held multiple marketing leadership positions with various organizations, including 10 years with YUM! Brands/Pizza Hut, and was Vice President of Marketing for the National Basketball Association’s Houston Rockets.

• Subject to the terms and conditions of this Agreement, during Draw Period A, Bank shall make advances (each, a “Term A Loan Advance” and collectively, the “Term A Loan Advances”) available to Borrower in an aggregate principal amount not to exceed Seven Million Five Hundred Thousand Dollars ($7,500,000.00).

• Commencing on the tenth day of the month after any advance is made under this Equipment Finance Facility A, and continuing on the tenth day of each calendar month during Draw Period A, Borrower shall make monthly payments of all interest accrued on advances under Equipment Finance Facility A at the Equipment Finance Facility A Rate and all Lender cost and expenses incurred in connection with Equipment Finance Facility A.

• Subject to the terms and conditions of this Agreement, during Draw Period A, Bank shall make advances (each, a “Term Loan A Advance” and collectively, “Term Loan A Advances”) available to Borrower in an aggregate amount of up to Three Million Dollars ($3,000,000.00), provided however that the initial Term Loan A Advance shall be made on the Effective Date in an amount of at least One Million Dollars ($1,000,000.00).

More Definitions of Draw Period A

Draw Period A is the period of time commencing upon the Effective Date and continuing through May 17,2017.

Draw Period A means the period between the date of this Agreement and the earlier of: (i) March 31, 1998 or (ii) the date on which the aggregate of all advances made pursuant to this Section 15.1 equals Six Hundred Thousand Dollars ($600,000.00).

Draw Period A means the period commencing upon the occurrence of the First Revenue Event and ending on the earlier to occur of (i) March 15, 2014, and (ii) an Event of Default that has occurred and is continuing.

Draw Period A means the period commencing upon the Closing Date and ending on the earlier to occur of (i) June 30, 2015, and (ii) an Event of Default.

Draw Period A means the period between the date of this Agreement and the earlier of: (i) December 31, 2008 or (ii) the date on which the aggregate of all advances made pursuant to this Equipment Finance Facility A equals Three Million Dollars ($3,000,000).

Draw Period A is set forth on Schedule I hereto.

Draw Period A. “Draw Period A” is the period commencing as of the Effective Date and ending on June 30, 2024.