Second Funding Date definition

Second Funding Date means the date and time of the issuance and sale of the New Preferred Shares (as defined in the Securities Purchase Agreement) and the New Warrants (as defined in the Securities Purchase Agreement) in the Second Tranche (as defined in the Securities Purchase Agreement).

Second Funding Date means the Funding Date following the Initial Funding Date on which all conditions precedent specified in Sections 4.03 and 4.04 are satisfied, or such other date as may be requested by Borrower and approved by the Administrative Agent in its sole and absolute discretion.

Second Funding Date means such date, if any, during the third calendar quarter of 2000 that US Bank advances funds to NCMC pursuant to the Subordinated Loan Agreement.

Examples of Second Funding Date in a sentence

• The Commitment shall automatically terminate upon the earlier of (a) the making of the Loans on the Second Funding Date and (b) the last day of the Second Availability Period.

• The issuance and sale of the Second Tranche shall occur on the Second Funding Date at the offices of the Escrow Agent (as defined in the Securities Purchase Agreement) in accordance with the terms and provisions of the Securities Purchase Agreement.

• For the purpose of determining compliance with the conditions specified in this Section 5.3, each Lender Party that has signed this Agreement shall be deemed to have accepted, and to be satisfied with, each document or other matter required under this Section 5.3 unless the Administrative Agent shall have received written notice from such Lender Party prior to the proposed Second Funding Date specifying its objection thereto.

• The Administrative Agent shall have received the Officer’s Certificate, dated the DIP Second Funding Date and signed by an Authorized Officer of the Borrower, attesting to the compliance with the conditions set forth in clauses (d), (f), (g), (h), and (j) of this Section 3.2.

• Upon delivery of any Equipment pursuant to the Xxxx of Sale, the Owner Trustee will thereupon have good, valid and marketable title to such Equipment free and clear of all Liens other than Permitted Liens described in clauses (a) through (c) of the definition thereof and, as to each Item of Equipment subject to a Holdback Amount, the Lien in favor of the applicable Seller in the amount thereof (such Lien to terminate on or before the Second Funding Date in respect of such Equipment).

More Definitions of Second Funding Date

Second Funding Date means the first date (if any) after the Effective Date on which all the conditions precedent in Section 3.03 are satisfied or waived in accordance with Section 9.05 and the Loans are made to the Borrower pursuant to Section 2.01.

Second Funding Date means the date on which each Partner is required to make a Capital Contribution in the amount equal to the remaining 50% of its Capital Commitment pursuant to Section 5.2(a) .

Second Funding Date the date that each of the conditions precedent under Section 5.1 and Section 5.3 has been satisfied or waived in accordance with the terms of this Agreement.

Second Funding Date has the meaning specified in the Investment Agreement.

Second Funding Date means the date of the funding of the Second Loan.

Second Funding Date means the date which is any time after September 30, 2007 and on or before December 31, 2007.

Second Funding Date. “Second Tranche” and “Term” in the Credit Agreement are all hereby deleted in their entirety and the following new respective definitions are substituted therefore: