Examples of Funding Date in a sentence
No later than the Escrow Funding Date, the Purchaser shall fund the Escrow Account with the Escrow Amount.
Each notice from the Lead Borrower to the Administrative Agent shall specify (i) the requested Funding Date or conversion date, as applicable, (ii) the aggregate amount of the Borrowing requested (in an amount permitted under Section 2.4(b)), and (iii) the Type of Loans being borrowed or converted, as applicable.
The Loan Parties, on a consolidated basis, are Solvent (including after giving effect to the Transactions occurring on the Funding Date and the use of proceeds of the Loans).
Any amounts borrowed under this Section 2.01 shall be borrowed on a single Funding Date and ratably as between the Classes of Loans.
For purposes of this paragraph, a Lender’s “pro rata share” shall be determined based upon its share of the aggregate Commitments in effect (or, after the Funding Date, of the aggregate principal amount of the Loans outstanding) at the time (or most recently in effect or outstanding, as the case may be).