Tranche 2 Funding Date definition

Tranche 2 Funding Date means July 12, 2019.
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Tranche 2 Funding Date means the date on which the Tranche 2 Advance is made.
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Tranche 2 Funding Date means the date on which the conditions specified in Section 4.04 are satisfied (or waived in accordance with Section 11.01) and the Tranche 2 Loans are funded in accordance with the terms hereof.
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Examples of Tranche 2 Funding Date in a sentence

  • On the Tranche 2 Funding Date, subject to the terms and conditions herein, (x) the Borrowers and the Company delivered the Tranche 2 Notes with an aggregate principal amount equal to the Tranche 2 Advance, and Tranche 2 Warrants with respect to the Tranche 2 Advance, respectively, and (y) the Purchasers paid the Tranche 2 Advance to the Borrowers and the Company by wire transfer to accounts designated by the Borrowers and Company prior to the Tranche 2 Funding Date.

  • Commencing with the Defined Period ending on December 31, 2017, Borrower shall not permit its consolidated Net Product Revenue for such Defined Period and for each Defined Period ending on the last day of a fiscal quarter thereafter, to be less than (a) for a Defined Period ending prior to the Term Loan Tranche 2 Funding Date, $100,000,000 or (b) for a Defined Period ending on or after the Term Loan Tranche 2 Funding Date, $120,000,000.

  • Subject to the last sentence of subsection 2.1(c) and at the Borrower’s election, the Tranche 3 Funding Date shall occur (x) after the Tranche 2 Funding Date and (y) within 10 Business Days of Borrower’s delivery of the Auditor Report.

  • Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single Loan to the Borrower, in Dollars, on any Business Day during the Tranche 2 Availability Period in an amount equal to its Tranche 2 Commitment as of the Tranche 2 Funding Date (the “Tranche 2 Loans”).

  • Subject to the last sentence of subsection 2.1(b), the Tranche 2 Funding Date shall occur on (x) if Regulatory Approval shall have been received on the PDUFA Date, the fifth Business Day following the date on which notice of Regulatory Approval is delivered to the Administrative Agent or (y) if Regulatory Approval shall have been received on any other date, the tenth Business Day following the date on which notice of Regulatory Approval is delivered to the Agent.

  • Similarly, if the full amount of the Term Loan Tranche 2 Commitment is not funded on the Term Loan Tranche 2 Funding Date, the unfunded portion of the Term Loan Tranche 2 Commitment shall thereupon automatically be terminated and the Term Loan Tranche 2 Commitment Amount of each Lender as of such date shall be reduced by such Lender’s Pro Rata Share of such total reduction in the Term Loan Commitments.

  • The condition specified in Section 4.03 has been satisfied on as of the date of the Tranche 2 Funding Date.

  • The Tranche 2 Loans shall consist of Loans made simultaneously by the Lenders in accordance with their respective Applicable Percentage of the Tranche 2 Commitments as of the Tranche 2 Funding Date.

  • The Subsequent Borrowing Condition shall have been satisfied on and as of the Tranche 2 Funding Date.

  • Commencing with the Defined Period ending on December 31, 2017, Borrower shall not permit itsconsolidated Net Product Revenue for such Defined Period and for each Defined Period ending on the last day of a fiscal quarter thereafter, to be less than (a) for a Defined Period ending prior to the Term Loan Tranche 2 Funding Date, $100,000,000 or (b) for a Defined Period ending on or after the Term Loan Tranche 2 Funding Date, $120,000,000.


More Definitions of Tranche 2 Funding Date

Tranche 2 Funding Date the date on which the Tranche 2 Term Loans are funded.
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Tranche 2 Funding Date means a Funding Date in respect of Credit Facility #2 set out and described on the Credit Facility Schedule.
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Tranche 2 Funding Date means the date on which the Tranche 2 Advance is made. “Tranche 2 Notes” means the first priority senior secured convertible notes issued on the Tranche 2 Funding Date by the Borrowers to the Purchasers in the aggregate amount of the Tranche 2 Advance, in substantially the form attached hereto as Exhibit A-1, as amended, modified, supplemented or restated from time to time, together with all notes issued in substitution or exchange therefor.
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Related to Tranche 2 Funding Date

  • 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.

  • 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.

  • 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.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche 2 means the amount of [**] to be applied in payment of the third pre-delivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto;

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Class B Maturity Date means the January 2040 Distribution Date.

  • Class C Maturity Date is defined in the Indenture.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Revolving Loan Commitment Termination Date means the earliest of

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

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Refunding Date as defined in Section 2.7.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.