Tranche 4 Funding Date definition

Tranche 4 Funding Date means March 27, 2020.
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Tranche 4 Funding Date means the Restatement Closing Date.
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Tranche 4 Funding Date means the date on which the Tranche 4 Advance is made.
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Examples of Tranche 4 Funding Date in a sentence

  • Solely with respect to the Tranche 4 Funding Date (so long as the Restructuring Support Agreement is in effect), this representation is excluded and not made by the Company.

  • On the Tranche 4 Funding Date, subject to the terms and conditions herein, (A) the Borrowers and the Company will deliver the Amended and Restated Notes, Tranche 4 Warrants and Tranche 4 Replacement Warrants, respectively, and (B) the Purchasers who participate in the Tranche 4 Advance will pay the Tranche 4 Advance to the Borrowers and the Company by wire transfer to accounts designated by the Borrowers and the Company prior to the Tranche 4 Funding Date.

  • The Existing Purchasers and the Credit Parties agree that the Tranche 4 Replacement Warrants issued on the Tranche 4 Funding Date are, among other consideration, consideration for the amendments agreed upon by the Existing Purchasers on the Restatement Closing Date.

  • The Prepayment Fee in respect of Term Loan Tranche 4 shall be equal to an amount determined by multiplying the amount being prepaid (or required to be prepaid, if such amount is greater) by the following applicable percentage amount: (x) four percent (4.0%) for the first year following the Term Loan Tranche 4 Funding Date, (y) three percent (3.0%) for the second year following the Term Loan Tranche 4 Funding Date and (z) two percent (2.0%) thereafter.

  • Solely with respect to the Tranche 4 Funding Date (so long as the Restructuring Support Agreement is in effect), this representation is excluded and not made by the Credit Parties.

  • Solely with respect to the Tranche 4 Funding Date, this covenant is excluded and not made by the Credit Parties.

  • Solely with respect to the Tranche 4 Funding Date (so long as the Restructuring Support Agreement is in effect), the foregoing covenants in this clause (ii) are excluded and not made by the Credit Parties.

  • For Tranche 3 and Tranche 4, if applicable, use 130% of the lesser of: (i) the closing market price of iAnthus’ commonshares as quoted on the CSE on September 27, 2019 and (ii) the closing market price of iAnthus’ common shares as quoted on the CSE the Business Day immediately prior to the Tranche 3 Funding Date or the Tranche 4 Funding Date, respectively.

  • Except for defaults that exist on or prior to the date hereof (which as of the initial Tranche 4 Funding Date are not waived but are subject to the agreement of the Lender to forebear in accordance with the Restructuring Support Agreement) or occur in the performance of obligations under the Restructuring Support Agreement, each of the following shall constitute an “Event of Default” under this Agreement.

  • Solely with respect to the Tranche 4 Funding Date, this covenant is excluded and not made by the Company; provided, however, that with respect to the Tranche 4 Funding Date, each Credit Party shall maintain no less than the capital and liquid resources as described in the Interim Financing Budget.


More Definitions of Tranche 4 Funding Date

Tranche 4 Funding Date means (x) the date on which the Tranche 4 Lenders purchase Tranche 4 Debentures or additional Tranche 4 Debentures in accordance with Section 2.6, which date shall be no earlier than the date that all conditions precedent to such funding have been satisfied or waived by the Tranche 4 Lenders, (y) each day thereafter that a draw request is made under the Interim Financing (as defined in the Restructuring Support Agreement) in accordance with the terms of the Restructuring Support Agreement, and (z) or any other day on which the representations and warranties provided for herein are tested at any time when the Restructuring Support Agreement is in effect;
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Related to Tranche 4 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.

  • 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.

  • 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.

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

  • 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.

  • Refunding Date as defined in Section 2.7.

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

  • Tranche C Term Loan as defined in Section 2.1.

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

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

  • 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).

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

  • Class C Maturity Date is defined in the Indenture.

  • Draw Date means, with respect to any Insured Distribution Date, the third Business Day immediately preceding such Insured Distribution Date.

  • 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.

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

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

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

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Tranche B Term Loan as defined in Section 2.1.

  • Initial Loan is defined in Section 2.1.

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

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Ending Date means the calendar date specified in the Notice of Intent as the date upon which lead - based paint abatement activities are completed.

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

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