Drawdown Notice Date definition

Drawdown Notice Date means each date the Company delivers (in accordance with Section 2.2(b) of this Agreement) to the Investor a Drawdown Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Drawdown Notice Date shall be less than five (5) Trading Days after the prior Drawdown Notice Date.
Drawdown Notice Date shall have the meaning specified in Section 2.2.
Drawdown Notice Date means the Trading Day, as set forth below, on which the Investor receives a Drawdown Notice, however a Drawdown Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or otherwise by the Investor if such notice is received prior to 12:00 pm Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after 12:00 pm Eastern Time on a Trading Day. No Drawdown Notice may be deemed delivered on a day that is not a Trading Day.

Examples of Drawdown Notice Date in a sentence

  • Such Drawdown Notice Dilution Shares shall be issued at the Investor’s option either: (i) at the next subsequent Drawdown Notice Date pursuant to a Drawdown Notice delivered by the Company, or (ii) in the event that more than ten (10) Business Days have passed since the last Drawdown Notice Date or the relevant Dilutive Issuance, within three (3) Business Days following delivery to the Company by Investor of Investor’s invoice requesting issuance of the relevant Drawdown Notice Dilution Shares.


More Definitions of Drawdown Notice Date

Drawdown Notice Date means any Trading Day during the Commitment Period that the Company provides (in accordance with and deemed delivered pursuant to Section 2.2(d) of this Agreement) to the Investor a Drawdown Notice requesting the Investor to advance funds to the Company at Closing subject to the terms, conditions, and limitations of this Agreement.
Drawdown Notice Date means each date on which the Purchaser receives a Drawdown Notice.

Related to Drawdown Notice Date

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • Advance Notice Date means each date the Company delivers to the Investor an Advance Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Advance Notice Date shall be less than seven (7) Trading Days after the prior Advance Notice Date.