Examples of Funding Notice Date in a sentence
If the Company elects to cause an exercise of this AIR pursuant to Section 3(a), then it must simultaneously take the same action in the same proportion with respect to the Other AIRs. All AIRs exercised by the Holder after the Mandatory Funding Notice Date shall reduce the amount of Additional Notes required to be issued on the Mandatory Funding Date.
By delivery of a Delayed Funding Notice, a Designated Delay Funding Purchaser shall be deemed to represent and warrant that the certifications previously provided to the Transferor by such Designated Delay Funding Purchaser (or its related Managing Agent) are true as of the Delayed Funding Notice Date.
Such dividends shall accrue on a daily basis and be cumulative from the earlier of (1) the first date on which any Series A Preferred Share is issued or (2) the date that falls 11 business days after the Funding Notice Date (as defined below), which may occur prior to the first date on which any Series A Preferred Share is issued.
Without limiting the foregoing, on the Funding Notice Date in respect of any System, all Necessary Contracts that are designated on Part B of Schedule 5.11 as being required for Funding in respect of such System(s) have been duly executed and delivered and are, to the knowledge of the Borrower, in full force and effect.
If the teacher does not receive a grade of “B” or better, or leaves the district before this one-year period, with the exception of disability, retirement, or non-renewal of contract, the teacher will be responsible to pay back to the district the cost of the course(s).