Tranche B Funding Date definition

Tranche B Funding Date means, with respect to the Tranche B Loan, the date on which the Lender makes the Tranche B Loan pursuant to the Notice of Tranche B Borrowing received from the Borrower pursuant to Section 2.02(b).

Tranche B Funding Date has the meaning specified in the Loan Agreement.

Tranche B Funding Date has the meaning specified in Section 2.02(b).

Examples of Tranche B Funding Date in a sentence

• Each such principal payment of the Tranche A Loan shall be payable on a Quarterly Payment Date, with the first such payment due on (i) if the Tranche B Funding Date occurs, the ninth Quarterly Payment Date occurring after the Tranche B Funding Date, or (ii) if the Tranche B Funding Date does not occur prior to the expiration to the Tranche B Commitment (as provided in Section 2.02(b)), March 31, 2017.

• On the terms set forth herein, the Lender shall, on the Tranche B Funding Date, make a loan hereunder to Borrower in a principal amount equal to the Tranche B Commitment.

• Such Warrant Certificate shall be issued by its terms contemporaneous with, and as a condition to, the funding by the Initial Holder of the Tranche B Loan on the Tranche B Funding Date.

• The Administrative Agent shall have received a solvency certificate, substantially in the form of Exhibit K, duly executed and delivered by the chief financial officer of the Borrower, dated as of the Tranche B Funding Date, in form and substance reasonably satisfactory to the Administrative Agent.

• The Warrant Certificates will be issued on the Tranche B Funding Date in registered form as definitive Warrant Certificates, substantially in the form of Exhibit A hereto (subject to Section 4.9 hereof), which is hereby incorporated in and expressly made a part of this Agreement.

More Definitions of Tranche B Funding Date

Tranche B Funding Date has the meaning set forth in Section 3.3.

Tranche B Funding Date has the meaning set forth in the Priming Credit Agreement on the Amendment No. 1

Tranche B Funding Date shall have the meaning set forth in Section 2.05(c). “Tranche B Purchase Price” shall mean an amount equal to $250,000,000 minus the Tranche A Purchase Price. “Transaction Documents” shall mean, collectively, this Agreement, the Security Agreement, the Debenture, the Intercreditor Agreement, each Permitted First Lien Intercreditor Agreement, each Permitted Pari Passu Intercreditor Agreement, the Administrative Agent Fee Letter and any related ancillary documents or agreements (provided, for the avoidance of doubt, that any documents related to the Oaktree Term Loan Facility and any other Permitted Priority Debt other than the Intercreditor Agreement and any applicable Permitted First Lien Intercreditor Agreement or Permitted Pari Passu Intercreditor Agreement shall not be Transaction Documents). “UCC” shall mean, with respect to any applicable jurisdictions, the Uniform Commercial Code as in effect in such jurisdiction, as may be modified from time to time. “UCC Financing Statements” shall mean the UCC-1 financing statements, in form and substance reasonably satisfactory to the Administrative Agent and the Purchasers, that shall be filed by the Administrative Agent at or promptly following the Effective Date, as well as any additional UCC-1 financing statements or amendments thereto as reasonably requested from time to time, to perfect the Purchasers’ security interest in the Collateral (as defined in the Security Agreement) and the Back-Up Security Interest. “United States” or “U.S.” shall mean the United States of America (including the District of Columbia, its territories and Puerto Rico). “U.S. Licensing / Participation Proceeds” shall mean the portion of all license fees, commercial or sales-based milestone payments, up-front payments, or royalties (other than sales- based royalties) received by the Company or any of its Affiliates pursuant to any U.S. Licensing Agreements for the Product during the Payment Period. “U.S. Licensing / Participation Payment(s)” shall have the meaning set forth in Section 2.02(a). “U.S. Licensing / Participation Percentage” shall mean 6.50%. “U.S. Licensing Agreement” shall mean any license, commercialization, co-promotion, collaboration, distribution, marketing or partnering agreement or other arrangement entered into during the Term by the Company or any of its Affiliates under which a Third Party has a right and license under the Product Intellectual Property to Commercialize the Product in the United States.

Tranche B Funding Date in is hereby amended by deleting the words "September 2" which appear in such definition and substituting the words "October 31" therefor. 2. Amendment to Section 3.1.1.

Tranche B Funding Date means, during the Tranche B Funding Period, (i) the Business Day immediately preceding the 15th day of each month and (ii) the 15th day of each month or, if such day is not a Business Day, the immediately succeeding Business Day.

Tranche B Funding Date means September 15, 2023 (or if earlier, the first date after the Tranche A Funding Date on which unrestricted cash of the Borrowers, in the aggregate, falls below $10,000,000).

Tranche B Funding Date means the first date on which all of the conditions set forth in SECTION 8.2 have been satisfied. "Tranche B of Term B Loan" means the Advance of US$18,000,000 to be made on the Tranche B Funding Date pursuant to the Term B Loan Facility in accordance with ARTICLE IIA to the Facility Borrower in US Dollars.