Initial Drawdown Date definition

Initial Drawdown Date means the date of initial Drawdown Purchase from Common Unitholders.
Initial Drawdown Date means the date on which the first Capital Contributions in respect of the Common Share Commitments are made with respect to the Common Shares.
Initial Drawdown Date means the first date on which investors in the Company (other than the initial member of the Company) are required to initially fund their capital commitment to purchase shares of the Company’s common stock. The Incentive Fee on Income for each quarter will be calculated as follows:

Examples of Initial Drawdown Date in a sentence

  • Initial Drawdown Date The first date on which investors (other than the Initial Member) are required to contribute capital for the purchase of Units, which is also the first date on which the Company will issue Units other than to the Initial Member.

  • No additional Members will be admitted after the Initial Drawdown Date, except as provided in Sections 7.1 and 11.2.

  • Any failure to sign any or all of the Waivers and Amendments on or prior to the earlier to occur of the Bridge Initial Drawdown Date and 30 April, 2003.

  • The Scheme Guarantee entered into in connection with a Scheme Facility will take effect from the Initial Drawdown Date in respect of that Scheme Facility, without the need for any further request, authorisation or consent from the Guarantor.

  • On the Initial Drawdown Date, each initial prospective Common Member shall contribute to the Company 20% of its Common Share Commitment or such other proportion as the Board of Directors shall have determined.


More Definitions of Initial Drawdown Date

Initial Drawdown Date means, in respect of a Scheme Facility, the date when the Initial Drawdown under that Scheme Facility is made by the Borrower.
Initial Drawdown Date means the date of the earliest drawdown of the credit limit under the Tranche A Facility or Tranche C Facility, or the deemed date of initial drawdown in accordance with Article 2, paragraph 3 of this Agreement.
Initial Drawdown Date means the date of the Initial Drawdown.
Initial Drawdown Date means the date of the initial Drawdown under this Agreement.
Initial Drawdown Date means the date on which the Borrower first draws down the Loan Commitments in whole or in part.
Initial Drawdown Date means in respect of any Tranche the date on which a Borrower makes the first drawing under such Tranche.
Initial Drawdown Date means the first date on which a Company requires Subscribers (other than in connection with the purchase of membership interests by the Initial Members) to make their initial capital contribution to purchase Shares.