Initial Closing definition

Initial Closing shall have the meaning ascribed to such term in Section 2.1.

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Initial Closing has the meaning set forth in Section 2.1.

Initial Closing means the closing of the purchase and sale of the Common Stock pursuant to Section 2.1.

Examples of Initial Closing in a sentence

Any investment vehicle for multiple investors formed after the Initial Closing Date with investment objectives and criteria substantially similar to those of the Company and whose investments are directed by the Adviser’s Private Credit Group.
Furthermore, certain Drawdown Purchases may be made on a non-pro rata basis by Members that provide Commitments after the Initial Closing Date.
Upon satisfaction of the covenants and conditions set forth in Sections 2.3 and 2.4, the Initial Closing shall take place remotely by electronic transfer of the Initial Closing documentation.
Commencing with the calendar year that begins after the Initial Closing Date, the Company will hold an annual meeting for the purposes of electing Directors and offering the Members the opportunity to review and discuss the Company’s investment activity and portfolio, and for such other business as may lawfully come before the Members.
In addition, the Adviser has delivered on the Initial Closing Date to the Company (for the benefit of the Company and the Members) the adviser representation letter in the form attached hereto as Exhibit 2.

Initial Closing shall have the meaning set forth in Section 3.1.

Initial Closing shall have the meaning specified in Section 7.2(a) hereof.

Initial Closing means the date of the initial sale of shares of the Company’s Series C Preferred Stock pursuant to the Purchase Agreement.

Initial Closing means the first closing of the Offering that will occur after the Minimum Offering is achieved.

Initial Closing has the meaning set forth in Section 2.4(a) of this Agreement.

Initial Closing has the meaning assigned that term in the Purchase Agreement.

Initial Closing has the meaning assigned to that term in Section 2.4.