Funds Flow Memorandum definition

Funds Flow Memorandum means the memorandum setting forth the flow of funds at closing and the funding of the Term A Loans and Term B Loans, as approved by the Administrative Agent, and a related letter of direction.

Funds Flow Memorandum shall have the meaning specified in Section 2.1(b).

Funds Flow Memorandum means the memorandum, to be dated on or prior to the Closing Date, delivered by Borrower to the Lender Parties with respect to the disbursement of funds on the Closing Date.

Examples of Funds Flow Memorandum in a sentence

• After the Administrative Agent’s receipt of such funds and upon fulfillment or waiver of the applicable conditions set forth in Article V, the Administrative Agent will make such funds available to the Borrower pursuant to the terms of, and in accordance with, the Funds Flow Memorandum.

• The Administrative Agent shall have received the Funds Flow Memorandum, which shall be in form and substance reasonably satisfactory to the Administrative Agent.

• Upon the satisfaction of the conditions set forth in Sections 4.01, the Lender will remit the proceeds of the Term Loan (the “Advance”) in accordance with the Funds Flow Memorandum on the date specified in the Notice of Borrowing.

• Administrative Agent shall make available to Borrower the aggregate of the amounts made available to Administrative Agent by the Lenders, in like funds as received by the Administrative Agent pursuant to the Funds Flow Memorandum.

• At the Closing, Seller shall sell to Buyer the Company Shares in exchange for the payment of the Purchase Price in accordance with the terms of the Funds Flow Memorandum set out in Exhibit B (the “Funds Flow Memorandum”).

More Definitions of Funds Flow Memorandum

Funds Flow Memorandum means the funds flow memorandum dated as of the Effective Date in form and substance reasonably satisfactory to Administrative Agent and Company.

Funds Flow Memorandum means the funds flow memorandum in the Agreed Form containing details of the flow of funds for the Acquisition (including details of amounts payable as consideration for the Acquisition, the amount of the Acquisition Costs and the refinancing of the Existing Debt).

Funds Flow Memorandum means a fund flow memorandum, executed by Parent and provided to Buyer not less than three (3) Business Days prior to the Closing, indicating the exact amount payable to, and full and complete wire instructions for, each Person to whom any portion of the Purchase Price is to be paid pursuant to Section 2.04.

Funds Flow Memorandum means the Funds Flow Memorandum dated , 2011 detailing the flow of funds in connection with the Closing.

Funds Flow Memorandum has the meaning specified in the Conditions Precedent to Initial Credit Extension.

Funds Flow Memorandum has the meaning set forth in Section 7.01(u).

Funds Flow Memorandum means that certain funds flow memorandum to be delivered on the Closing Date.