Examples of Incremental Borrowing Date in a sentence
On the Incremental Borrowing Date, each Lender providing such Incremental Term Loan shall make the Incremental Term Loan to be made by it by wire transfer of immediately available funds to such account as the Administrative Agent may designate not later than 2:00 p.m. (New York time).
First Incremental Borrowing Date with Respect to the Incremental Facility ............................................
Not later than 1:00 p.m. on the proposed 2013 Incremental Borrowing Date, each 2013 Incremental Term Lender will make available to theAdministrative Agent for the account of the Borrower, at the Administrative Agent’s Office in immediately available funds, its 2013 Incremental Term Loan Percentage of the 2013 Incremental Term Loan.
If a Non-Committed Conduit Lender receives an Incremental Borrowing Request, such Non-Committed Conduit Lender shall, if it has elected to reject such Incremental Borrowing Request, instruct the related Funding Agent to give notice thereof to the Borrower, the Servicer and the Administrative Agent via telephone or facsimile by no later than the close of business on the Business Day immediately prior to the applicable Incremental Borrowing Date.
The Borrowing Notice with respect to, and the acceptance of the proceeds by the Borrower of, any Incremental Advances on any Incremental Borrowing Date shall constitute a representation and warranty by the Borrower that the conditions contained in Sections 4.2.1, 4.2.2 and 4.2.3 have been satisfied.
All such amounts will be paid out of proceeds of Loans made on the Incremental Borrowing Date and will be reflected in the funding instructions given by the Borrower to the Administrative Agent on or before the Incremental Borrowing Date.
On the Incremental Borrowing Date, each Lender providing such Incremental Term Loan shall make the Incremental Term Loan to be made by it by wire transfer of immediately available funds to such account as the 41 Administrative Agent may designate not later than 2:00 p.m. (New York time).
The Incremental Term Loan shall be made in a single drawing and shall be made on the Incremental Borrowing Date to be used solely for the purpose of redeeming the Borrower’s outstanding Series Z Preferred.
The Lenders and the Administrative Agent shall have received all fees that are then required to be paid by the Borrower hereunder or under the Fee Letter (including the closing fee payable in connection with the Incremental Term Loan pursuant to the Fee Letter), and all expenses which are required to be paid by the Borrower hereunder for which invoices have been presented (including the reasonable fees and expenses of legal counsel), on or before the Incremental Borrowing Date.
Biosense challenges the evidence supporting loss causation on two bases.