Project Funding Date definition
Examples of Project Funding Date in a sentence
No Default or Event of Default shall have occurred and be continuing, or shall occur as a result of the occurrence of such Subsequent Project Funding Date or Other Funding Date, as applicable.
The Borrower shall have delivered to the Administrative Agent a duly executed letter of direction directing the disbursement on such Initial Project Funding Date of the proceeds of the Loans made on such date or, if the Borrower elects not to deliver such letter of direction, the proceeds of such Loans shall be deposited into the Revenue Account.
Each representation and warranty of the Borrower and Holdings under the Financing Documents shall be true and correct in all material respects as if made on the applicable Initial Project Funding Date, unless such representation or warranty expressly relates solely to an earlier date, in which case it shall have been true and correct in all material respects as of such earlier date.
Each representation and warranty of the Borrower and Holdings under the Financing Documents shall be true and correct in all material respects as if made on the applicable Subsequent Project Funding Date or Other Funding Date, as applicable, unless such representation or warranty expressly relates solely to an earlier date, in which case it shall have been true and correct in all material respects as of such earlier date.
No Default or Event of Default shall have occurred and be continuing, or shall occur as a result of the occurrence of such Initial Project Funding Date.
With respect to any Project subject to an Acquisition Document, the acquisition under such Acquisition Document shall have been consummated or shall be consummated concurrently with the occurrence of the Initial Project Funding Date of such Project.
The Closing Date shall have occurred or will occur concurrently with such Initial Project Funding Date.
The Initial Project Funding Date for such Project shall have occurred or will occur concurrently with the date of such L/C Credit Extension.
The Borrower shall have delivered to the Administrative Agent a duly executed letter of direction directing the disbursement on such Subsequent Project Funding Date or Other Funding Date, as applicable, of the proceeds of the Loans made on such date or, if the Borrower elects not to deliver such letter of direction, the proceeds of such Loans shall be deposited into the Revenue Account.
Each of the Independent Engineer, Independent Environmental Consultant, Independent Market Consultant and Independent Insurance Consultant shall provide a bring-down certificate, dated as of the date of the First Project Funding Date, to the effect that no act, event or condition has occurred since the date of each consultant’s report delivered pursuant to Section 6.01 that adversely affects the information and conclusions set forth therein.