Examples of Final Loan Date in a sentence
The Commitments in respect of the Interim Loans shall terminate automatically immediately after the making of the Interim Loans on the Closing Date and the Commitments in respect of the Final Loans shall terminate automatically immediately after the making of the Final Loans on the Final Loan Date.
The Borrowers may make only two Borrowings under the Commitments that shall be, in the case of the Interim Loans, on the Closing Date and in an aggregate principal amount not to exceed $10,000,000 and, in the case of the Final Loans, on the Final Loan Date and in an aggregate principal amount not to exceed $20,000,000.
The subject headings herein are for convenience of reference only and shall in no way affect interpretation of this Agreement.
Liquidity risk is monitored through the use of future rolling cash flow forecasts.Cromwell’s management of treasury activities is centralised and governed by policies approved by the Directors who monitor the operating compliance and performance as required.
Borrower may make only two borrowings under the Commitments that shall be, in the case of the Interim Loans, on the Closing Date and in an aggregate amount not to exceed $5,000,000 and, in the case of the Final Loans, on the Final Loan Date and in an aggregate amount not to exceed $10,000,000.
As of the Final Loan Date, (i) no Default or Event of Default exists or would result from the consummation of the transactions contemplated by the Credit Documents and (ii) the representations and warranties of each Credit Party contained in Section 4 or any other Credit Document are true and correct.
The Initial Commitments in respect of the Interim Loans shall terminate automatically after the making of the Interim Loans on the Closing Date, and the Initial Commitments in respect of the Final Loans shall terminate automatically after the making of the Final Loans on the Final Loan Date.
Administrative Agent shall have received a fully executed and delivered Funding Notice no later than three Business Days prior to the Final Loan Date or such shorter period of time acceptable to Administrative Agent.