Funding Termination Notice definition

Funding Termination Notice shall have the meaning set forth in section 7(a);
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Funding Termination Notice has the meaning specified in Section 6.1.
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Funding Termination Notice means a written notice from Evolve delivered to HOBO electing to terminate Evolve’s commitment to reimburse Qualified Development Costs from and after the date of such notice.
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Examples of Funding Termination Notice in a sentence

  • In the event that the Borrower shall deliver a Second Funding Termination Notice pursuant to Section 2.03(c), the Borrower shall repay the full outstanding amount of the Loans on or prior to May 15, 2020 following the Second Funding Commitment Termination Date, together with accrued interest thereon and all reimbursements, fees and other Obligations of the Borrower accrued hereunder or under the Financing Documents (including the Prepayment Premium).

  • As long as a Funding Termination Notice has not been delivered, Evolve will be obligated to fund, in accordance with the Project Financing documentation (as applicable), (i) the remaining portion of the Equity Financing and (ii) and HOBO’s portion of the Equity Financing to the extent HOBO elected to purchase Class A Units in such Subsequent Project using all or a portion of the Incentive Development Fee.

  • If HOBO wishes to make such election for the conveyance of the membership interests of the Project Company pursuant to this Section 2.7, it shall deliver a written notice to Evolve to that effect within 180 days of receipt of the Funding Termination Notice.

  • In the event that the Borrower shall deliver a Second Funding Termination Notice pursuant to Section 2.03(cd), the Borrower shall repay the full outstanding amount of the Loans on or prior to May 15, 2020 following the Second Funding Commitment Termination Date, together with accrued interest thereon and all reimbursements, fees and other Obligations of the Borrower accrued hereunder or under the Financing Documents (including the Prepayment Premium).

  • Interest on the Loan shall be payable monthly in arrears on the last day of each and every month during the term thereof and shall be payable both before and after default and judgement; and (ii) within three Business Days of the date of the Funding Termination Notice, Santa Fe shall deliver a certificate representing the Warrants to Sandstorm Barbados.

  • In the case of clause (i) above, Sections 2.7(c) through 2.7(e) of the Framework Agreement shall apply mutatis mutandis with respect to any such conveyance as if a Funding Termination Notice (as defined in the Framework Agreement) had been delivered pursuant to Section 2.7 of the Framework Agreement and HOBO had exercised its right to have the Units conveyed to HOBO.


More Definitions of Funding Termination Notice

Funding Termination Notice means a Funding Reduction Notice indicating that LLAL will provide no further funding to the Trust; A "Funding Termination Notice Period" means the period from the date of the Funding Termination Notice until the date on which the reduction in funding becomes effective, a "Funding Termination" means the effective termination of funding (following the expiry of the Funding Termination Notice Period) as described therein and "Terminated Funding" means such amount of funding which was previously notified to the Trust pursuant to Clause 17.1 or 17.2 of the Relationship Management Agreement but which is not paid by LLAL to the Trust as a result of the Funding Termination;
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Funding Termination Notice means a Notice issued by the Funder pursuant sub-clause15.1 confirming that the LFA is terminated
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Related to Funding Termination Notice

  • Funding Termination Date means the Business Day immediately preceding the ------------------------ Remittance Date occurring in the calendar month that is the third calendar month following the calendar month of the Closing Date, or November 30, 2001.

  • Revolving Termination Date means the earlier to occur of:

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Existing Termination Date as defined in Section 2.18.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • Servicer Termination Notice Defined in Section 6.15.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Event Termination Date See Section 2(e) hereof.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Notice of Termination for Good Reason shall have the meaning set forth in Section 1(t).

  • CIC Qualifying Termination means, in each case, on or within twenty-four (24) months following a Change in Control, (i) a termination of the Executive’s employment by the Company without Cause, (ii) a termination of the Executive’s employment by reason of death or Disability, or (iii) a termination of the Executive’s employment by the Executive for Good Reason.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Agreement Termination Date is defined in Section 7.4.

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Event of Servicing Termination means an event specified in Section 8.1 of the Sale and Servicing Agreement.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.