Subsequent Fundings definition

Subsequent Fundings has the meaning assigned such term in Section 2.01(a) -------------------
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Examples of Subsequent Fundings in a sentence

  • The Initial Funding, Subsequent Fundings and Incremental Fundings.

  • If the original principal amount of the Initial Funding is less than $8.0 million, the Company may, in its sole discretion, notify the Lender in writing that it desires to borrow some or all of the remaining balance through the issuance of up to three additional Notes in up to three Subsequent Fundings.

  • Any Subsequent Funding shall be made at the sole discretion of the Company or the Bank Investors, as appropriate, and the ability of the Issuer to request Subsequent Fundings shall not obligate either the Company or the Bank Investors to make any such Subsequent Funding, and shall in no way be interpreted as implying that the Company or the Bank Investors intend to make any Subsequent Funding.

  • Subsequent Fundings of the Revolving Loan shall be used by Borrower for general business purposes.

  • There shall be no Subsequent Fundings after the occurrence of any Termination Event or Potential Termination Event.

  • No Person other than the Subsequent Funding Holders shall have any obligation to fund any portion of the Subsequent Fundings.

  • The aggregate funded amount of the Subsequent Fundings shall not exceed $130,000,000.

  • On any Business Day occurring after the Initial Funding under this Section, upon one Business Day notice to the Agent, which shall be in the form of Exhibit B hereto and satisfy the requirements of Section 2.1(b)(iii) below (the "FUNDING REQUEST"), the Issuer may request that the Company or the Bank Investors, as appropriate, make Subsequent Fundings (which shall be at least $1,000,000 or integral multiples of $100,000 in excess thereof).

  • On any Business Day occurring after the Initial Funding under this Section, upon one Business Day notice to the Agent, which shall be in the form of Exhibit C hereto and satisfy the requirements of Section 2.1(b)(iii) below (the "Funding Request"), the Issuer may request that the Company or the Bank Investors, as appropriate, make Subsequent Fundings (which shall be at least $1,000,000 or integral multiples of $100,000 in excess thereof).

  • On any Business Day occurring after the Initial Funding under this Section 2.1(a), upon one Business Day's notice to the Agent and the Insurance Provider, which shall be in the form of Exhibit B hereto and satisfy the requirements of Section 2.1(b)(iv) below (each, a "Funding Request"), the Issuer may request that the Company or the Bank Investors, as appropriate, make Subsequent Fundings (which shall be $1,000,000 or integral multiples of $100,000 in excess thereof).

Related to Subsequent Fundings

  • 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.

  • 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.

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • 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.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

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

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Refunding Date as defined in Section 2.7.

  • Subsequent Reset Date means the date or dates specified in the applicable Final Terms;

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Aggregate Excess Funding Amount has the meaning specified in Section 2.2(c)(iv).

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

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Class A-PO Deferred Amount For any Distribution Date prior to the Subordination Depletion Date, the difference between (A) the sum of (x) the amount by which the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution Dates exceeded the amounts distributed on the Class A-PO Certificates on such prior Distribution Dates pursuant to Paragraph third clause (2) of Section 4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which became a Liquidated Loan at any time on or prior to the last day of the Applicable Unscheduled Principal Receipt Period for Full Unscheduled Principal Receipts for the current Distribution Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount equal to the principal portion of Realized Losses (other than Bankruptcy Losses due to Debt Service Reductions) incurred with respect to such Discount Mortgage Loan and (B) the sum of (x) the sum of the Class A-PO Recoveries for such Distribution Date and prior Distribution Dates and (y) amounts distributed on the Class A-PO Certificates on prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and after the Subordination Depletion Date, the Class A-PO Deferred Amount will be zero. No interest will accrue on any Class A-PO Deferred Amount.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.