The Advance. 2.1 The Lender agrees, concurrently with and conditional on its receipt of the proceeds of the issuance of the Sterling Notes, to make available to the Borrower a Sterling term loan facility in an aggregate amount up to the Facility Amount.
The Advance. (a) Subject to the terms and conditions set forth herein, Lender agrees to make one single term loan in Euros to Borrower (the “Advance”) on the Funding Date, not to exceed the Commitment.
The Advance. The Current Issuer Start-Up Loan Provider grants to Funding simultaneously with the issue by the Current Issuer of the Current Issuer Notes (and upon the simultaneous issuance by the Current Issuer to Funding of the Current Issuer Intercompany Loan) and upon the terms and subject to the conditions hereof, a loan in an aggregate amount of {pound-sterling}27,130,000 (Twenty Seven Million One Hundred and Thirty Thousand) (the "ADVANCE") on the Closing Date for the purposes of providing for the partial funding of the Issuer Reserve Fund and providing for Funding's costs and expenses in respect of the acquisition of the Funding Share of the Additional Trust Property and in respect of amounts payable to the Current Issuer by Funding as fees under the Current Issuer Intercompany Loan. The Advance shall be paid into the Funding Transaction Account.
The Advance. 2.1 Each Noteholder agrees to advance the Initial Advance to the Company, subject to and upon the terms and conditions contained in this Agreement, in the Applicable Percentage (less an amount equal to the sums deducted in accordance with Clause 2.9), such amount to be advanced to the Company to such bank account as the Company shall direct in writing for such purpose. The Company shall apply the Initial Advance:
The Advance. The Current Issuer Start-Up Loan Provider grants to Funding simultaneously with the issue by the Current Issuer of the Current Issuer Notes (and upon the simultaneous issuance by the Current Issuer to Funding of the Current Issuer Intercompany Loan) and upon the terms and subject to the conditions hereof, a loan in an aggregate amount of (pound)[o] ([o] pounds) (the "ADVANCE") on the Closing Date for the purposes of providing for the partial funding of the Issuer Reserve Fund and providing for Funding's costs and expenses in respect of the acquisition of the Funding Share of the Additional Trust Property and in respect of amounts payable to the Current Issuer by Funding as fees under the Current Issuer Intercompany Loan. The Advance shall be paid into the Funding Transaction Account.
The Advance. The Lender hereby makes an advance to the Town of the Advance, and the Town hereby accepts from the Lender the Advance to be applied in accordance with the terms and conditions of this Agreement. The Town agrees to use the proceeds of the Advance to pay the Cost of Acquisition of the Vehicles. [End of Article II] ARTICLE III
The Advance. The Bank hereby makes an advance to the County of the Advance, and the County hereby accepts from the Bank the Advance to be applied in accordance with the terms and conditions of this Contract. The proceeds of the Advance are being used to construct and equip the Project in accordance with the Plans and Specifications. [END OF ARTICLE II] ARTICLE III INSTALLMENT PAYMENTS; ADDITIONAL PAYMENTS
The Advance. 2.1 The Noteholders agree to lend to the Issuer the Maximum Commitment in accordance with their Applicable Percentage subject to and upon the terms and conditions contained in this Agreement as follows:
The Advance. 4.1. The Licensee shall pay to the Licensor during the Term:- The First Advance forthwith upon full execution of this Agreement The Second Advance on the date of recoupment by the Licensee in full of the First Advance.
The Advance. The Lender agrees, on the terms and conditions hereinafter set forth, to make Advance to the Borrower on any Business Day during the period from the Effective Date until the end of the Availability Period in an aggregate amount equal to $203 ,000,000 (such Lender's "Commitment").
