Tranche E Closing Date definition

Tranche E Closing Date means the date on which the Tranche E Term Loan is advanced by Lenders, which, as indicated in the completed Advance Request Form for the Tranche E Term Loan delivered by Borrower to the Collateral Agent and subject to the satisfaction of the conditions precedent to the Tranche E Term Loan set forth in Section 3.5, Section 3.9, Section 3.10 and Section 3.11, shall be October 2, 2023 and, in no event, later than such date.
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Tranche E Closing Date shall have the meaning set forth in recital A hereof.
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Tranche E Closing Date means the Business Day next following the date the conditions set out in subsections (a) to (p) in Section 4.7 are fulfilled by the Issuer and the Company or waived in writing by the Purchaser;
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Examples of Tranche E Closing Date in a sentence

  • On the date that the Issuer confirms to the Purchaser’s counsel that such funds have been received (which shall occur promptly following receipt of the Tranche E Subscription Amount), the Tranche E Debenture shall be released to the Purchaser (and the date of receipt of such funds shall be deemed the Tranche E Closing Date).

  • On the Tranche E Closing Date, the Issuer shall promptly deliver to Purchaser’s counsel, in trust, the Tranche E Debenture, registered in the name of the Purchaser, with instructions that such Tranche E Debenture is to be held in escrow for release to the Purchaser only upon payment of the Tranche E Subscription Amount to the Issuer, and confirmation of receipt of such payments by the Issuer.

  • On the Tranche E Closing Date, provided the conditions set out below in subsections (a) to (p) in this Section 4.7 have been fulfilled by the Issuer and the Company or waived in writing by the Purchaser, the Purchaser shall promptly initiate and cause a wire transfer in same day funds to be sent to the account of the Issuer, as instructed in writing by the Issuer, in an amount equal to the Tranche E Subscription Amount.

  • Beginning on the first day of the month following the Tranche E Closing Date, Borrower, shall repay the Tranche E Loan in monthly payments over a period of five years, with interest only during the twelve calendar months immediately following the Tranche E Loan Closing Date at the rate set forth in Section 2.06 (c) of this Agreement, and equal payments of principal and interest thereafter, in accordance with the repayment schedule attached hereto as Schedule 2.03(e), and made a part hereof.

  • Borrower shall issue, execute and deliver to each Lender to evidence such Lender’s Term Loan, (i) on the Tranche A Closing Date, a Tranche A Term Loan Note, (ii) on the Tranche B Closing Date, a Tranche B Term Loan Note, (iii) on the Tranche C Closing Date, a Tranche C Term Loan Note, (iv) on the Tranche D Closing Date, a Tranche D Term Loan Note, (v) on the Tranche E Closing Date, a Tranche E Term Loan Note, and (vi) on the Tranche F Closing Date, a Tranche F Term Loan Note.

Related to Tranche E Closing Date

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

  • Second Closing Date means the date of the Second Closing.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.