Tranche A Draw Period definition

Tranche A Draw Period is, for Tranche A Advances, the period of time from the Effective Date through the earlier to occur of (a) September 30, 2014 or (b) an Event of Default. Notwithstanding the foregoing, provided that Bank has received evidence satisfactory to Bank in its sole discretion that a Qualifying Equity Round has closed prior to September 30, 2014, then the Tranche A Draw Period shall be automatically extended through the earlier to occur of (x) January 31, 2015 or (y) an Event of Default.
Tranche A Draw Period means the period from the Closing Date until the earlier of (a) the date that is eighteen (18) months after the Closing Date and (b) the date on which Delayed Draw Term Loans in an aggregate principal amount at least equal to $20,000,000 have been made to the Borrower under Section 2.02.
Tranche A Draw Period means the period of time commencing upon the Closing Date and continuing through March 31, 2023.

Examples of Tranche A Draw Period in a sentence

  • Thereafter, during the Tranche A Draw Period, Borrower may request and Bank agrees to make one or more additional term loans in an aggregate principal amount not to exceed $5,000,000 (each a “Tranche A Term Loan” and together with the “Initial Tranche A Term Loan,” the “Tranche A Term Loans”).

  • During the Tranche A Draw Period, Borrower may request, and Bank shall make growth capital advances to Borrower under Tranche A in an aggregate original principal amount not to exceed Five Million Dollars ($5,000,000) (the “Growth Capital Line B Tranche A Advances”).


More Definitions of Tranche A Draw Period

Tranche A Draw Period means the period of time from the Closing Date through the Availability End Date. “Tranche A Term Loan or Tranche A Term Loans” has the meaning assigned in Section 2.1(b)(i).
Tranche A Draw Period means the period from the Closing Date until the earlier of (a) the date that is eighteen (18) months after the Closing Date and (b) the date on which Delayed Draw Term Loans in an aggregate principal amount at least equal to$20,000,000 have been made to the Borrower under Section 2.02.
Tranche A Draw Period is the period of time commencing on the Effective Date through December 31, 2018.
Tranche A Draw Period is the period of time commencing on the date on which Borrower achieves the Tranche A Revenue Milestone through June 30, 2021.
Tranche A Draw Period is the period of time from the Effective Date through the earlier to occur of (a) January 31, 2009, or (b) an Event of Default.
Tranche A Draw Period is set forth on Schedule I hereto.
Tranche A Draw Period. “Tranche A Draw Period” is the period of time commencing on the Effective Date and continuing through the earlier to occur of (a) October 31, 2023, or (b) at the election of Agent, an Event of Default.