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

  • Contributions made by the Members on Subsequent Fundings will be considered contributions of such amounts to the Company.

  • In no event shall the cumulative fundings made by Triumph (including the Initial Funding, the reimbursement of the Grantee’s Construction Advance Amount, and all Subsequent Fundings) exceed the $15,378,683 maximum amount of the Grant.

  • The Initial Funding, Subsequent Fundings and Incremental Fundings.

  • 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).

  • 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.

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

  • 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).

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

  • Section 2.4 The Initial Funding, Subsequent Fundings and Incremental Fundings.

  • No more than five (5) Subsequent Fundings shall be permitted each calendar month, unless the Funding Agent, at the direction of the Required Banks, shall have agreed to more frequent Fundings.

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 The period commencing on the Closing Date and ending on the earliest to occur of (i) the date on which the amount on deposit in the Pre-Funding Account (exclusive of any investment earnings) is less than $100,000, and (ii) September 22, 2006.

  • Delayed Draw Funding Date has the meaning as set forth in Section 2.5(a).

  • 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.

  • 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.

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

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • 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, at any time, the aggregate 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 of a Non-Funding Lender shall be the aggregate amount of (A) all unpaid obligations owing by such Lender to the Agents, L/C Issuers and other Lenders under the Loan Documents, including such Lender’s share of all Revolving Loans, Letter of Credit Obligations, plus, without duplication, (B) all amounts of Letter of Credit Obligations of such Non-Funding Lender reallocated to other Lenders pursuant to subsection 1.11(e)(ii).

  • Payments in lieu of contributions means the money payments to

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

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • 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.

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Original Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment

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

  • 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.