Final Funding definition
Examples of Final Funding in a sentence
Termination of this Guarantee is only allowed if and when the Final Funding Agreement is terminated (otherwise than due to breach or default by the Guarantor or the Performing Subsidiary) and the Performing Subsidiary has fully discharged all of the Guaranteed Obligations.
The obligations of the Guarantor hereunder are independent of the obligations of the Performing Subsidiary and the obligations of any other guarantor of the obligations of the Performing Subsidiary under the Final Funding Agreement.
The CEI Remaining Units were issued to the CEI Holder in accordance with the CEI Unit Purchase Agreement on the CEI Class B Final Funding Date.
For the avoidance of doubt, the Borrowing shall be in a principal amount of the Final Funding Amount.
Any portion of the Commitment that is not funded pursuant to the Final Funding Amount shall be terminated on the Funding Date.
On the Final Funding Period Distribution Date, any remaining amounts in the Capitalized Interest Account will be paid directly to the Depositor.
Within five business days after the Final Funding Determination Date and in consideration of the Principal Shareholder’s assumption of the obligations of the Company as set forth in Section 2, the Company agrees to issue to the Principal Shareholder a number of shares of Common Stock (calculated on a pre-Reverse Stock Split basis) equal to the Final Funding Amount divided by the Cancellation Price (rounded down to the nearest whole share) (the “Funding Consideration Shares”).
On 1 December 2005 the NSW Government, JHINV and the Performing Subsidiary entered into the Original Final Funding Agreement with the common intention of making funding available by JHINV and/or its subsidiaries to pay, on the basis set out in the Original Final Funding Agreement, Proven Claims (as defined in the Original Final Funding Agreement) against the Liable Entities (as defined in the Original Final Funding Agreement).
No Note Party shall, without the consent of Purchaser, which shall not be unreasonably withheld, conditioned or delayed, incur any Indebtedness not permitted by Section 6.1 or receive any Net Equity Proceeds in connection with a capital contribution to, or the issuance of any Capital Stock of, the Company or any of its Subsidiaries on or prior to the date that is 180 days after the Final Funding Date (as defined in the Agreement).
On the Final Funding Period Payment Date, any remaining amounts in the Capitalized Interest Account, after giving effect to the transfer specified in Section 5.6(a)(iii) on such Payment Date, will be paid directly to the Transferor.