Examples of Initial Funding Notice in a sentence
The closing for the Initial Purchase (the "Initial --------------- Closing") shall take place upon the 15th day after delivery to each of the Purchasers of an Initial Funding Notice, executed by an officer of the Company, which certifies that on the date of such notice, the Company and PCC have entered into the Merger Agreement.
Promptly after entering into this Agreement, Buyer shall deliver to each of the purchasers party to the Stock Purchase Agreement, in accordance with the procedures set forth therein, the "Initial Funding Notice" referred to therein, which notice shall not be withdrawn.
The Administrative Agent and Lenders shall have no duty to verify the authenticity of the signature appearing on any written Initial Funding Notice.
The Administrative Agent shall have received the Initial Funding Notice.
The Initial Funding Notice shall specify the following information: (i) the date of such borrowing (which shall be a Business Day); (ii) the number and location of the account to which funds are to be disbursed; and (iii) the amount of such borrowing.
The Agent, for the benefit of the Lessor Parties, shall have received a fully executed counterpart of the Initial Funding Notice substantially in the form of Exhibit B-1 attached hereto with respect to the issuance of the Notes and the funding of the advances thereunder, and the funding of the Equity Investment to finance the Land Acquisition Costs.
The closing for the Initial Purchase (the "Initial Closing") shall take place upon the 15th day after delivery to each of the Purchasers of an Initial Funding Notice, executed by an officer of the Company, which certifies that on the date of such notice, the Company and PCC have entered into the Merger Agreement.
No later than three (3) Business Days after entry of the Confirmation Order (such date, the “Initial Funding Date”), each Backstop Participant shall fund its aggregate Primary Rights Offering Per Share Price for such Backstop Participant’s Backstop Pro Rata Share of the Primary Rights Offering Shares and the Unsubscribed Primary Rights Offering Shares, as provided for in the Initial Funding Notice.
Notwithstanding the foregoing, if the Issuer delivers to the Investor a Negative Initial Funding Notice pursuant to Section 7.1(b)(ii), then the Issuer shall pay, or cause to be paid, to the Investor, the Commitment Fee, which Commitment Fee shall be due and payable on or prior to the Initial Funding Outside Date.
Promptly upon receipt by the Administrative Agent of such Initial Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.