Examples of Second Advance Date in a sentence
Provided that all of the conditions set forth in Section 3.2 hereof are satisfied, Lender shall make the Second Advance to Borrower on the Second Advance Date.
No Default or Event of Default shall have occurred and be continuing on the Second Advance Date or after giving effect to the Second Advance requested by Borrower to be made on such date.
Interest on the entire amount evidenced by this Note shall accrue from the Second Advance Date until this Note and all accrued interest are paid in full.
Subject to the terms and conditions contained in this Agreement, Lender will make on the Second Advance Date an advance to Borrowers computed with respect to the value of all Eligible Securities owned by the Mennen Trust on the Second Advance Date (the “Second Advance” and collectively with the Initial Advance each an “Advance” and collectively “Advances”) in the principal amount, if any, set forth in Section 2(a) of Schedule A.
The Agent shall have received from the Borrower written notice, executed by the Chief Executive Officer or the Chief Financial Officer of the Borrower requesting an advance of the Second Tranche and specifying the Second Advance Date (which shall be no earlier than three (3) Business Days after delivery of such notice to the Agent).
External Applications/Resumes:External applications are to be complete and all authorizations provided.
INTERSTATE ALLOCATION 26Basis for Interstate Allocation 26Interstate Allocation Procedures 27Electric 27Telecommunication 28Pipeline 29Railroad 29INTRASTATE ALLOCATION (APPORTIONMENT) 30Basis for Intrastate Allocation 30Intrastate Allocation Procedures 30Unitary Land 30Unitary Property Other Than Land 30Intrastate Allocation Summary 31Exceptions to General Intrastate Allocation Method 32Section 100.9. 32Section 100.95.
After the Second Advance Date, upon the request of any Lender holding two Notes (evidencing Loans made pursuant to such Lender’s Initial Advance Commitment and Loans made pursuant to such Lender’s Second Advance Commitment), the Borrower will execute a replacement Note in favor of such Lender (in the amount of such Lender’s aggregate Commitment) upon the return of such previously-issued Notes to the Administrative Agent.
Interest shall (i) accrue as of the First Advance Date (as defined below), (ii) be calculated on the basis of a 360 day year, and (iii) be payable monthly, in arrears, commencing one (1) calendar month from the Second Advance Date (as defined below) on the first business day of each consecutive calendar month thereafter through and including the Maturity Date, and on the Maturity Date, whether by acceleration or otherwise.
Interest on the First Advance shall accrue from the date of this Note to the Second Advance Date.