Final Draw Date definition

Final Draw Date has the meaning given in Section 1(a).
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Final Draw Date means June 30, 2022, or the earlier date, if any, determined by the Board of Trustees of the Borrower to be the end of the transition period described in Section 22C-120 of the Illinois Pension Code.
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Final Draw Date means that date which is one (1) year after the date of issuance of the Note by the District, unless the Final Draw Date is extended pursuant to Section 5.09 hereof.
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Examples of Final Draw Date in a sentence

  • Subject to the conditions set forth in Section 9 below, the Borrower may request an Advance from time to time during the period from the date hereof until the Final Draw Date, the form of which request is attached hereto and incorporated herein as Exhibit A, provided, however, that under no circumstances shall the cumulative outstanding amount of all Advances of the Loan made hereunder exceed the Maximum Advance Amount.

  • The earlier of (i) the Refinancing Draw Date and (ii) the Incremental Draw Date is referred to herein as the “First Draw Date”, and the March 2017 Term Loans borrowed on the First Draw Date, the “First Drawn Loans”; the later of (i) the Refinancing Draw Date and (ii) the Incremental Draw Date is referred to herein as the “Final Draw Date”, and the March 2017 Term Loans borrowed on the Final Draw Date, the “Final Drawn Loans”.

  • In no event shall any disbursement be made after the Final Draw Date.

  • On or prior to the Final Draw Date and upon request by Borrower and compliance by Borrower with the terms and conditions of this Section 2.1.(1)(b), Borrower shall have the right to request one or more additional advances of the Loans to Borrower in the aggregate principal amount equal to $875,000,000.00 (the “Maximum Future Advance Amount”).

  • On or prior to the Final Draw Date and upon request by Borrower and compliance by Borrower and Property Guarantors with the terms and conditions of this Section 2.1(1)(b), Borrower shall have the right to request no more than two Future Advances in the aggregate principal amount not to exceed the Maximum Future Advance Amount.

  • The Fund is authorized to borrow up to $7,500,000 until the Final Draw Date, June 30, 2022.

  • Draws may be made beginning of the date of issuance of the Note and continuing until the Final Draw Date.

  • During the Capitalized Interest Period, which is defined as the period from the Closing Date to the Final Draw Date, the loan is subject to accrue capitalized interest monthly at a rate of 1.50% plus the Federal Funds Rate.

  • In no event shall the total amount advanced under the Loans including, without limitation, the Initial Advance and the Maximum Future Advance Amount exceed $1,750,000,000.00 in the aggregate and in no event shall Lenders be obligated to advance the unadvanced portion of Maximum Future Advance Amount after the Final Draw Date.

  • All background investigations will be processed through the DHS OCSO/PSD.


More Definitions of Final Draw Date

Final Draw Date means that date which is sixty (60) days prior to the Maturity Date, unless the Final Draw Date is extended pursuant to Section 5.07 hereof.
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Final Draw Date means July 25, 2013.
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Final Draw Date means December 31, 2008 or such other date agreed upon by Borrower and Administrative Agent.
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Related to Final Draw Date

  • Draw Date means, with respect to any Insured Distribution Date, the third Business Day immediately preceding such Insured Distribution Date.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Final Drawing has the meaning specified in Section 3.05(i).

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • Draw Period is the period of time from the Effective Date through the earlier to occur of (a) June 30, 2012, or (b) an Event of Default.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Final Disbursement Date means the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement (including as amended by an Extension) or, if such date is not a Business Day, the next succeeding Business Day; provided, however, to the extent that Lender has not received cash collateral in the amount of the Letter of Credit Obligations or an equivalent full indemnity from Borrower or Guarantor, as applicable, with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under such Letter of Credit shall be no later than thirty (30) days after any such drawing which may be no later than the expiry date of the Letter of Credit related thereto.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • 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.

  • Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Drawing Date shall have the meaning set forth in Section 2.12(b) hereof.

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

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Maximum Drawing Amount means at the time in question the sum of the maximum amounts which LC Issuer might then or thereafter be called upon to advance under all Letters of Credit which are then outstanding.