Second Additional Funding Date definition
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 ▇▇▇▇▇▇’s Second Additional Term Loans on the Second Additional Funding Date and (ii) the expiration of the First and Second Additional Funding Availability Period.
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.