Funding Completion Date definition

Funding Completion Date means the earlier of (i) the date on which the Purchase Price has reached the Commitment Amount; and (ii) the conclusion of the Litigation.….
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Funding Completion Date means the date being the earlier of: (a) the date upon which the Funding has been fully received by Virpax; and (b) the Funding Waiver Date as specified in Section 13.5.1.
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Funding Completion Date has the meaning ascribed thereto in Section 5.1(b).
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Examples of Funding Completion Date in a sentence

  • Starting on the date that Tonogold has delivered notice pursuant to Section 5.1(c)(v) and ending on the Funding Completion Date, Tonogold, on behalf, and for the benefit, of the Project Holding Company, shall have an option to purchase all (but not less than all) of the assets described on Exhibit G annexed hereto (collectively, the “American Flat PP&E”) for a total purchase price of $25,000,000 (as adjusted pursuant to the formula set forth below in this Section 8.9).

  • Subject to and conditioned upon the Funding Completion Date and Tonogold exercising the Option, Tonogold shall be appointed as the Managing Director of the Project (the “Managing Director”).

  • No modification of the operating agreement of the Project Holding Company that is duly adopted in accordance with the terms of this Agreement after the Funding Completion Date, shall be valid unless made in writing and duly executed by each of the Participants.

  • Nanomerics shall have the right in its sole discretion to terminate this Agreement in its entirety by giving Virpax thirty (30) days written notice if the Funding Completion Date has not occurred prior to 31st January 2020.

  • From and after the Funding Completion Date, Operations shall be conducted, expenses shall be incurred and additional assets shall be acquired only pursuant to Programs and Budgets approved pursuant to Section 9.2 and 9.3. Every Program and Budget approved pursuant to this Agreement shall provide for accrual of reasonably anticipated expenses for Environmental and Mining Compliance.

  • For the sake of clarification, during the period from the Execution Date until the Funding Completion Date, the Steering Committee shall have the power to approve Programs and Budgets for the Project.

  • On July 1, 1998, Purchaser advanced $150,000 to the Company and will continue to advance up to $150,000 per month for up to three (3) additional months (to a maximum of up to $600,000), or such earlier date as the MTI Sale is consummated (the "Funding Completion Date").

  • Until the Funding Completion Date, the Steering Committee shall solely exist to steer activities of the actions of the Project Managing Director under this Agreement and shall not act or deemed to be elected in any management or board capacity or any other supervisory or other affiliation with respect to the Project Holding Company.

  • From and after the Funding Completion Date, proposed Programs and Budgets shall be prepared by the Managing Director and shall generally be for one (1) calendar year, broken down by month, with a forecast of the subsequent two (2) years shown quarterly.

  • After the Funding Completion Date, the Steering Committee (or their replacements designated by Tonogold or Xxxxxxxx, as the case may be) shall be replaced with a governing body elected to act as such for the Project Holding Company in accordance with this Agreement (such governing body, the “Board/Manager”).


More Definitions of Funding Completion Date

Funding Completion Date means the date that is three (3) months from the Issue Date of this Note.
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Related to Funding Completion Date

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Final Completion Date means the date on which Final Completion occurs.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Substantial Completion Date means the date on which Substantial Completion occurs.

  • Target Completion Date has the meaning given such term in Section 3.3(b).

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;

  • Funding Cycle means the period of time commencing with the Notice of Funding Availability or Notice of Credit Availability pursuant to this rule chapter and concluding with the issuance of allocations or loans to Applicants who applied during a given Application Period.

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • 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.

  • Review Satisfaction Date means, with respect to any Asset Review, the first date on which (a) the Delinquency Percentage for any Payment Date exceeds the Delinquency Trigger and (b) a Noteholder Direction with respect to such Asset Review has occurred.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Guaranteed Substantial Completion Date or “Guaranteed Substantial Completion Dates” has the meaning set forth in Section 5.3B.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.

  • Step-Up Date The first Distribution Date following the first Distribution Date on which the aggregate unpaid principal balance of the Mortgage Loans, and properties acquired in respect thereof, remaining in the Trust Fund has been reduced to less than or equal to 10% of the Aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which: