First Advance Date definition

First Advance Date means the date on which Land Bank makes the first advance to the Borrower under this Agreement;

First Advance Date means the date of the First Advance;

First Advance Date means the date of the first advance under this Note and the Loan Agreement.

Examples of First Advance Date in a sentence

• Receipt by DOE of evidence that (i) each Project Account, required under the Accounts Agreement for the Qualifying Project, shall have been established in accordance with the provisions of such Accounts Agreement; and (ii) prior to each First Advance Date, each Project Account for the Qualifying Project shall have been funded to the extent of any amounts required to have been deposited prior to such First Advance Date in accordance with the Financing Documents.

• To the Project Company’s Knowledge, the ALTA survey delivered prior to the First Advance Date does not fail to reflect any material matter affecting its Project Site or the title thereto.

• To the extent required by DOE, evidence of the satisfaction of the conditions precedent set forth in Sections 5.01(dd)(ii) (Program Requirements) and 5.01(dd)(iii) (Program Requirements) in connection with the relevant FFB Note Purchase Agreement and the relevant FFB Note for the Qualifying Project subject to such First Advance Date.

• As of the Note A First Advance Date, no event, act, omission or circumstance has occurred and is continuing immediately prior to the date of the First Advance that would constitute a breach of the covenants set forth in Article IX (Negative Covenants) if such covenants had been applicable as of and from the Effective Date.

• If a Note A First Advance Date has not occurred on or prior to the Note A Availability Period End Date, DOE (i) shall not be obligated to approve any FFB Advance Request, and (ii) may terminate this Agreement upon no less than **** prior written notice to the Borrower.

More Definitions of First Advance Date

First Advance Date means the date the first Advance is advanced by the Lender to the Borrower;

First Advance Date means a date that the Borrower first draws any amount of Advances under the terms of this Agreement.

First Advance Date means, with respect to each Eligible Project, the date on which the first Advance of the Guaranteed Loan for such Eligible Project has been made in accordance with this Agreement.

First Advance Date means the date upon which all conditions precedent in Section 9 hereof and in the Term Note have been satisfied by the Company and the loans pursuant to the Term Note have been advanced by Laurus to the Company.

First Advance Date means, with respect to each Tranche, the date on which the first Advance under such Tranche has been made in accordance with this Agreement.

First Advance Date means the date of the first advance under this Additional Standby Facility Note and the Additional Standby Facility Loan Agreement.

First Advance Date. The date on which the conditions set forth in Section 3.2 have been satisfied so as to permit the first advance of Expansion Loan proceeds for the payment of the expenses of construction of the Project Expansion to 75 million gallons per year nameplate capacity and related reconfiguring of the Project.