Initial Drawdown Date definition

Initial Drawdown Date means the date of initial Drawdown Purchase from Common Unitholders.

Initial Drawdown Date means the date on which the first Capital Contributions in respect of the Common Share Commitments are made with respect to the Common Shares.

Initial Drawdown Date means the first date on which investors in the Company (other than the initial member of the Company) are required to initially fund their capital commitment to purchase shares of the Company’s common stock. The Incentive Fee on Income for each quarter will be calculated as follows:

Examples of Initial Drawdown Date in a sentence

• No additional Members will be admitted after the Initial Drawdown Date, except as provided in Sections 7.1 and 11.2.

• Any failure to sign any or all of the Waivers and Amendments on or prior to the earlier to occur of the Bridge Initial Drawdown Date and 30 April, 2003.

• In order to allocate such expenses among all Common Unitholders, investors making Commitments after the Initial Drawdown Date shall be required to bear a portion of such expenses at the time of their first investment in the Company as set forth in Section 3.4.2. The Company’s initial offering costs (other than the Organizational Expenses) shall be amortized to expense over a 12-month period on a straight-line basis, beginning on the Initial Drawdown Date.

• The Lender, in its sole discretion or as provided in Section 2.2(d), may at the request of the Borrower given at any time after the sixth anniversary of the Closing Date make loans earlier than the Initial Drawdown Date.

• The Incentive Fee based on income will be determined and paid quarterly in arrears at the end of each calendar quarter by reference to the Company’s aggregate net investment income, as adjusted as described below, from the calendar quarter then ending and the eleven preceding calendar quarters (or if shorter, the number of quarters that have occurred since the Initial Drawdown Date) (in either case, the “Trailing Twelve Quarters”).

More Definitions of Initial Drawdown Date

Initial Drawdown Date means the date of the initial Drawdown of a Credit under this Agreement.

Initial Drawdown Date means [insert date] or [5] Business Days after satisfaction or waiver of all Conditions;

Initial Drawdown Date means in respect of any Tranche the date on which a Borrower makes the first drawing under such Tranche.

Initial Drawdown Date means the date on which the Borrower first draws down the Loan Commitments in whole or in part.

Initial Drawdown Date means the date of the Initial Drawdown.

Initial Drawdown Date means the date of the initial Drawdown under this Agreement.

Initial Drawdown Date means the date of the Initial Drawdown, which date shall occur on or after each of the conditions set forth in Clause 4.1 have been satisfied or waived by the Agent, and which date shall occur on or before the tenth Business Day after the date of this Agreement;