Second Drawdown Date definition

Second Drawdown Date means the one-year anniversary of the date hereof.

Second Drawdown Date means the date on which the Second Tranche is made.

Second Drawdown Date a Business Day during the Term Commitment Period specified in a notice of borrowing delivered pursuant to subsection 2.2.

Examples of Second Drawdown Date in a sentence

• In this regard, the targeted date for the subscription and payment in full by any such third party for such notes shall be the Second Drawdown Date.

• The Borrower agrees that the Lender’s debt service reserve account (the “Debt Service Reserve Account”) shall have the sufficient amount to pay the next Interest Payment upon the Second Drawdown Date and thirty (30) days in advance of each subsequent Interest Payment Date.

• Fiscal Service will acknowledge receipt of the FPA requests by email.

• The Administrative Agent shall have received evidence satisfactory to it that the Consolidated capital structure of the Company after the Recapitalization shall be as set forth in the Recapitalization Documentation, after giving effect to the transactions to occur on the Closing Date and the Second Drawdown Date.

• The proceeds of the Term Loans on the Second Drawdown Date shall be used by the Parent Borrowers to redeem or acquire the Remaining Equity Interests and to pay any interest payable in connection therewith.

More Definitions of Second Drawdown Date

Second Drawdown Date means the Drawdown Date on which the Second Advance under the Senior Term Loan shall be drawn down pursuant to the terms hereof;

Second Drawdown Date has the meaning specified in Section 2.01.

Second Drawdown Date means the one-year anniversary of the date hereof. “Second Tranche Purchase Price” shall have the meaning set forth in Section 2.03(e). “Second Tranche Purchase Price Closing Date” shall have the meaning set forth in Section 2.03(e). “Security Agreement” shall mean the Security Agreement between the Company and Purchaser providing for, among other things, the grant by the Company in favor of Purchaser of a valid continuing, perfected lien on and security interest in, the Assigned Interests and the other Assigned Interests Collateral described therein, which Security Agreement shall be substantially in the form of Exhibit A. “Shared Assigned Interests Collateral” shall mean the Assigned Interests Collateral in which Purchaser and, as applicable, the purchaser or provider of any Permitted Secured Financing has been granted a Lien. For the avoidance of doubt, the Shared Assigned Interests Collateral shall not include the Assigned Interests. “Subsidiary” shall mean, with respect to any Person, any other Person controlled by such first Person, directly or indirectly, through one or more intermediaries. “Sweep Percentage” shall mean (i) for the period from the Closing Date through the date of the delivery by the Company to the Purchaser of the first True-Up Statement, * * *%, and (ii) 16 for any given Fiscal Quarter thereafter, the percentage equal to (i) the Applicable Percentage multiplied by worldwide Net Revenues of the Product for the Prior Fiscal Quarter, divided by (ii) the Net Revenues of the Company with respect to the Product for the Prior Fiscal Quarter. The Sweep Percentage shall be calculated on a quarterly basis and shall be set forth in the True-Up Statement for each Fiscal Quarter. “Tax” or “Taxes” shall mean any federal, state, local or foreign tax, levy, impost, duty, assessment, fee, deduction or withholding or other charge, including all excise, sales, use, value added, transfer, stamp, documentary, filing, recordation and other fees imposed by any taxing authority (and interest, fines, penalties and additions related thereto). “Tax Return” shall mean any report, return, form (including elections, declarations, statements, amendments, claims for refund, schedules, information returns or attachments thereto) or other information supplied or required to be supplied to a Governmental Authority with respect to Taxes. “Term” shall have the meaning set forth in Section 6.01. “Term Sheet” shall mean the Term Sheet discussed between the Company and P...

Second Drawdown Date means the Drawdown Date on which Advance II is made available to the Borrower;

Second Drawdown Date means the date, prior to the Termination Date, on which the second Advance is made to the Borrowers pursuant to this Agreement and specified in the relevant Notice of Borrowing.

Second Drawdown Date means August 31, 2018.

Second Drawdown Date means the date falling at any time on or before the tenth Business Day after the Amendment Effective Date;