Tranche Two Funding Date definition

Tranche Two Funding Date means any date on which the conditions set forth in Section 4.2 have been satisfied or waived by the Agent (at the discretion of the Lenders) or the Lenders in their sole discretion and all or part of the Tranche Two Loan is funded.
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Tranche Two Funding Date means the date on which the conditions set forth in Section 4.3 have been satisfied or waived by the Agent in its sole discretion and the Tranche Two Loan is funded, which date shall occur no later than July 26, 2017.
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Tranche Two Funding Date is the date on which the Common Stock and Warrants described in Section 2.02(b) are purchased by Purchaser. "Tranche Three Funding Date" the date on which the Common Stock and Warrants described in Section 2.02(c) are purchased by Purchaser. "Tranche Four Funding Date" the date on which the Common Stock and Warrants described in Section 2.02(d) are purchased by Purchaser.
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Examples of Tranche Two Funding Date in a sentence

  • Each representation and warranty by each Loan Party contained herein or in any other Loan Document to which such Loan Party is a party, shall be true and correct in all material respects (without duplication of any materiality qualifier contained therein) as of the Tranche Two Funding Date (or as of a specific earlier date if such representation or warranty expressly relates to an earlier date).

  • The Borrower shall have paid, on or prior to the Tranche Two Funding Date, (i) all fees and expenses owing and payable to the Agent and the Lender as of such date and (ii) subject to Section 10.3, without duplication, all costs and expenses incurred by the Agent and the Lender in connection with the funding of the Tranche Two Loan which are required to be paid by the Borrower, and shall provide evidence acceptable to the Agent of the foregoing.

  • A certificate, dated the Tranche Two Funding Date and signed by the chief executive officer or the chief financial officer of each of Holdings and the Borrower, confirming compliance with the conditions set forth in Section 4.3.6, 4.3.7, and 4.3.8.

  • On or prior to June 30, 2017, (a) the Borrower shall have placed in service a minimum of 27,750 Billable CareView System Units and (b) the Consolidated EBITDA of Holdings, computed on an annualized basis for the three-calendar month period immediately preceding the Tranche Two Funding Date, shall not be less than $7,000,000 (the foregoing conditions, collectively, the “Tranche Two Milestone”).

  • On or prior to the Tranche Two Funding Date, the Borrower shall have delivered to Agent the Tranche Two Hurdle Notice in accordance with Section 6.9.

  • On or prior to the Tranche Two Funding Date, the Borrower shall have delivered to Agent a Borrowing Request designating the Designated Tranche Two Loan Amount and requesting that such amount be funded on a date that is not less than five (5) Business Days and not more than ten (10) Business Days from the date of such Borrowing Request.

  • A certificate, dated the Tranche Two Funding Date and signed by the chief executive officer or the chief financial officer of each Borrower, confirming compliance with the conditions set forth in Section 4.2.6, 4.2.7, and 4.2.8.

  • A certificate, dated the Tranche Two Funding Date and signed by the chief executive officer or the chief financial officer of Parent, confirming compliance with the conditions set forth in Section 4.2.5, 4.2.6, and 4.2.7.

  • Notwithstanding the foregoing, at the Borrower’s request, Tranche Two Loans shall be funded to the extent of any Unused Tranche Two Commitment in the amount of any fees and expenses to be paid by the Borrower to the Agent and the Lenders on any Tranche Two Funding Date.

  • On or prior to June 30, 2017, (a) the Borrower shall have placed in service a minimum of 31,500 Bed Equivalent Units and (b) the Consolidated EBITDA of Holdings, computed on an annualized basis for the three-calendar month period immediately preceding the Tranche Two Funding Date, shall not be less than $7,000,000 (the foregoing conditions, collectively, the “Tranche Two Milestone”).


More Definitions of Tranche Two Funding Date

Tranche Two Funding Date is the date that is six months after the Closing Date.
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Related to Tranche Two Funding Date

  • Delayed Draw Funding Date means any date on which the Delayed Draw Term Loans are funded hereunder, which shall in no event be later than the Delayed Draw Term Loan Commitment Termination Date.

  • Initial Funding Date means the date on or after the Closing Date, on which all of the conditions described in Section 6.1 have been satisfied (or waived) in a manner satisfactory to the Administrative Agent and the Lenders and on which the initial Loans under this Agreement are made by the Lenders to the Borrower.

  • 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).

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

  • Refunding Date as defined in Section 2.7.

  • Tranche C Term Loan as defined in Section 2.1.

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

  • Tranche A Maturity Date means August 4, 2005, or, if such day is not a Business Day, the next preceding Business Day.

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

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

  • Tranche B Term Loan as defined in Section 2.1.

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

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

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

  • 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).

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

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

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

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

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

  • 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.

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).