Initial Borrower Funding Request definition

Initial Borrower Funding Request means the request to fund the Loan on the Initial Funding Date, substantially in the form of Exhibit 2.03, delivered in accordance with Section 2.03(a), that is current as of the end of the previous calendar month.
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Examples of Initial Borrower Funding Request in a sentence

  • Please wire transfer the proceeds of the Loan to the following account pursuant to the following instructions: [______________] The undersigned has caused this [Initial] Borrower Funding Request to be executed and delivered, and the certification and warranties contained herein to be made, by its duly authorized officer this ____ day of _________, 20__.

  • Please wire transfer the proceeds of the Loan to the following account pursuant to the following instructions: [ ] The undersigned has caused this [Initial] Borrower Funding Request to be executed and delivered, and the certification and warranties contained herein to be made, by its duly authorized officer this day of , 20 .

  • The amount of any Loan requested pursuant to a Borrower Funding Request shall be not greater than the related Available Loan Amount and, with respect to the Initial Borrower Funding Request, shall not be less than $5 million.

  • The undersigned hereby acknowledges that the delivery of this [Initial] Borrower Funding Request and the acceptance by the undersigned of the proceeds of the Loan requested hereby constitute a representation and warranty by the undersigned that all conditions precedent to such Loan specified in Article V of the Loan Agreement have been satisfied and will continue to be satisfied after giving effect to such Loan.

  • The undersigned hereby acknowledges that the delivery of this [Initial] Borrower Funding Request and the acceptance by the undersigned of the proceeds of the Loan requested hereby constitute a representation and warranty by the undersigned that all conditions precedent to such Loan specified in Article V of the Credit Agreement have been satisfied and will continue to be satisfied after giving effect to such Loan.

  • The amount of the Loan requested pursuant to the Initial Borrower Funding Request shall be (i) not greater than the related Available Loan Amount, and (ii) not less than $100,000,000.

  • The District Office makes a determination if there are any excess lands along the same corridor as the property being acquired for the highway project.

  • Please wire transfer the proceeds of the Loan to the following account pursuant to the following instructions: [ ] [WIRE INSTRUCTIONS TO BE SPECIFIED ON THE CLOSING DATE AND CANNOT CHANGE WITHOUT AT LEAST TWO (2) BUSINESS DAYS’ PRIOR WRITTEN NOTICE TO XXXXXX] The undersigned has caused this [Initial] Borrower Funding Request to be executed and delivered, and the certification and warranties contained herein to be made, by its duly authorized officer this day of __ , 20 .

Related to Initial Borrower Funding Request

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Initial Borrower has the meaning specified in the preamble hereto.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • 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.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • Original Borrower shall have the meaning set forth in the recitals hereto.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit F-1.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Subsidiary Borrowers as defined in the preamble hereto.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.