Subsequent Funding Date definition

Subsequent Funding Date means any Funding Date other than the Initial Funding Date.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Subsequent Funding Date is defined in Section 2.4 of the ECCA.

Subsequent Funding Date has the meaning assigned such term in Section ------------------- 2.02

Examples of Subsequent Funding Date in a sentence

Administrative Agent shall have received, in the event Real Property is being acquired with the proceeds of the Loans being advanced on such Subsequent Funding Date, each of the items to be delivered pursuant to Section 5.01(p) with respect to such Real Property.
All of the representations and warranties in the Information Certificate are true and accurate on the Signing Date and will continue to be true and accurate on the Initial Funding Date and on each Subsequent Funding Date.
If all the conditions set forth in Section 5.02 are met prior to 10:00 a.m. on the Business Day immediately prior to an applicable Subsequent Funding Date, then, each Lender will make available its pro rata portion of the Loans to be made on such Subsequent Funding Date in the manner provided below no later than 2:00 p.m. on such Subsequent Funding Date.
For the avoidance of doubt, on the Closing Date and each Subsequent Funding Date, each Lender shall advance to Borrowers an amount equal to 99.00% of its ratable share of all Loans requested by Borrowers as of the Closing Date and each Subsequent Funding Date in exchange for Borrowers’ obligations to repay in full the face amount of such Loans, plus interest accrued thereon in accordance with the terms hereof.
The Commitment shall be permanently reduced by the amount of each Loan made on the Closing Date and on each Subsequent Funding Date thereafter.

More Definitions of Subsequent Funding Date

Subsequent Funding Date has the meaning assigned to it in Section 2.03(b) hereof.

Subsequent Funding Date means the date upon which the conditions precedent under Section 6.02 have been satisfied to the satisfaction of the Lender, which (subject to such satisfaction) shall be the date that is within fifteen Business Days following receipt by the Lender of the Notice of Subsequent Tranche Borrowing but which shall not be a date later than the Subsequent Tranche Commitment Termination Date without the consent of the Lender in its sole discretion.

Subsequent Funding Date means each date after the Closing Date on which Loans are made by the Lenders to Borrower hereunder.

Subsequent Funding Date shall have the meaning set forth in Section 1.2 of the Credit Agreement.

Subsequent Funding Date is defined in the applicable Series Supplement.

Subsequent Funding Date means the Business Day during the Availability Period on which the conditions specified in Section 4.02 are satisfied (or waived in accordance with the terms hereof).

Subsequent Funding Date has the meaning specified in Section 3.03.