Second Additional Funding Date definition

Second Additional Funding Date means the date on which the conditions specified in Section 4.03 are satisfied (or waived in accordance with Section 9.02).
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Second Additional Funding Date has the meaning set forth in the Credit Agreement.
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Second Additional Funding Date means the date of the Second Additional Funding Event. “Redemption Date” shall have the meaning specified in Section 4(a). “Redemption Notice” shall have the meaning specified in Section 4(a). “Reference Time” with respect to any determination of the Benchmark means (i) if the Benchmark is the Three-Month SOFR Rate, 11:00 a.m., New York time, on the Periodic Term SOFR Determination Day, and (ii) if the Benchmark is not the Three-Month SOFR Rate, the time determined by the Required Investors in accordance with the Benchmark Replacement Conforming Changes. “Register” shall have the meaning specified in Section 10(b). “Registered Notes” shall have the meaning specified in Section 10(b). “Relevant Governmental Body” means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto. “Replacement Notes” shall have the meaning specified in Section 11(a).
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Examples of Second Additional Funding Date in a sentence

  • The First Additional Debentures and Second Additional Debentures are collectively referred to as ("Additional Debentures") and the First Additional Funding Date and Second Additional Funding Date are collectively referred to as ("Additional Funding Dates").

  • Subject to the terms and conditions set forth herein, during the First and Second Additional Funding Availability Period, each Term Lender agrees to make a Second Additional Term Loan to the Borrower on the Second Additional Funding Date denominated in Dollars in a principal amount equal to its Second Additional Term Loan Commitment.

  • The Second Additional Term Loan Commitment of each Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Lender’s Second Additional Term Loans on the Second Additional Funding Date and (ii) the expiration of the First and Second Additional Funding Availability Period.

  • To induce Purchasers to enter into this Second Amendment and to consummate the funding on the Second Additional Funding Date, the Company hereby represents and warrants to the Purchasers that no event has occurred or failed to occur which by itself or with the giving of notice or the passage of time, or both, would constitute a default or event of default under the Original Agreement, the Debentures or any of the Transaction Documents.

  • The Second Additional Term Loan Commitment of each Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Xxxxxx’s Second Additional Term Loans on the Second Additional Funding Date and (ii) the expiration of the First and Second Additional Funding Availability Period.

Related to Second Additional Funding Date

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • Additional Funds shall have the meaning set forth in Section 4.3.A.

  • Additional Facility means an additional term or revolving facility referred to in Section 2.14 and “Additional Facilities” means all or any such Additional Facilities.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Refunding Date as defined in Section 2.7.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.

  • 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.

  • Initial Loan is defined in Section 2.1.

  • Project Funding Agreement means an agreement in the form of Schedule E that incorporates the terms of this Agreement and enables the Funder to provide one-time or short term funding for a specific project or service that is not already described in the Schedules;

  • Accelerated Mezzanine Loan Lender shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Closing Date Term Loan has the meaning set forth in Section 2.4(a).

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • Additional Facilities has the meaning assigned to that term in Section 2.9(a).

  • Accelerated Mezzanine Loan means any mezzanine loan (secured by a pledge of the direct (or indirect) equity interests in the Mortgagor) related to the Mortgage Loan if such mezzanine loan either (i) has been accelerated, or (ii) is the subject of foreclosure proceedings against the related collateral for such mezzanine loan.

  • Institutional fund means a fund held by an institution exclusively for charitable purposes. The term does not include: