Subsequent Funding Termination Date definition
Subsequent Funding Termination Date means March 31, 2014 or any later date agreed to by Investor and Clean Technologies.
Subsequent Funding Termination Date has the meaning set forth in the ECCA.
Subsequent Funding Termination Date means December 15, 2008.
Examples of Subsequent Funding Termination Date in a sentence
Except as provided in this Article IV of this Agreement, no Member will be required to make any Capital Contributions to the Company after the Subsequent Funding Termination Date.
In no event will any Subsequent Funding Date occur later than the Subsequent Funding Termination Date.
In addition, subject to the terms and conditions of this Agreement, Lenders agree, severally and not jointly, to lend to Borrower, not later than Subsequent Funding Termination Date, one additional Term Loan Advance in an aggregate principal amount of $10,000,000 according to each Lender’s pro rata share of the Term Loan Commitment (based upon the respective Commitment Percentage of each Lender) (the “Post Closing Term Loan Advance”).