Subsequent Funding Request definition

Subsequent Funding Request means a written request by the Borrower to the -------------------------- Lenders relating to Subsequent Fundings with respect to a specific Development Project. Such request shall be in the form of Exhibit B-2 and shall be delivered ----------- by the Borrower accompanied by supporting data relating thereto, which data shall include the identification of the items or activities on the Development Plan for which funds are being sought, an AFE reflecting the total estimated cost of such items or activities, the information described in Schedule 1.01, ------------- and such additional information as the Lenders shall reasonably request for the purpose of evaluating any Subsequent Funding relating thereto.
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Examples of Subsequent Funding Request in a sentence

  • No Lenders shall have any obligation to approve any Subsequent Funding Request.

  • The Lenders' approval, if any, of any Subsequent Funding Request shall be at their sole and unfettered discretion; any such approval will require that the applicable Development Project is in accordance with the (x) Development Plan (including as to scope of work, the means and method of the work, the cost of the work, and the timing for the commencement and completion of the work), and (y) other information delivered to the Lenders in connection with the Subsequent Funding Request.

Related to Subsequent Funding Request

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Pre-Funding Period means the period beginning on the Closing Date and ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Funding Notice means a notice substantially in the form of Exhibit A.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Contribution Notice means a contribution notice issued by the Pensions Regulator under section 38 or section 47 of the Pensions Xxx 0000.

  • Draw Down Notice shall have the meaning assigned to such term in Section 5.1(f) hereof.

  • Repurchase Request Withdrawal As defined in Section 2.03(a) of this Agreement.

  • Incremental Purchase means a purchase of one or more Purchaser Interests which increases the total outstanding Aggregate Capital hereunder.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Credit Event Resolution Request Date means, with respect to a notice to ISDA requesting that a Credit Derivatives Determinations Committee be convened to resolve:

  • Offering Funding Date means the date on which the offering for the Series Asset is fully funded through an offering conducted by the Company.

  • Election Date has the meaning specified in Section 312(h).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Rollover Notice shall have the meaning ascribed thereto in Section 5.2.

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on July 1, 2020 and ending on and including June 30, 2025 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including June 30 in the fifth year thereafter.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • L/C Request has the meaning specified in Section 2.4(b).