Equipment Advance definition

Equipment Advance is defined in Section 2.1.1.
Equipment Advance has the meaning set forth in Section 1.1(b).
Equipment Advance or "EQUIPMENT ADVANCES" shall mean any advance made hereunder pursuant to Section 2.1.1 or Section 2.1.2 hereof."

Examples of Equipment Advance in a sentence

  • All unpaid principal and accrued interest is due and payable in full on the last Payment Date with respect to such Equipment Advance.

  • If Borrower satisfies the conditions of each Equipment Advance, Bank shall disburse such Equipment Advance by transfer to the Designated Deposit Account.

  • Subject to the prior satisfaction of all other applicable conditions to the making of an Equipment Advance set forth in this Agreement, to obtain an Equipment Advance, Borrower must notify Bank (which notice shall be irrevocable) by electronic mail or facsimile no later than 12:00 p.m. Pacific time one (1) Business Day before the proposed Funding Date.

  • No Equipment Advance may exceed one hundred percent (100%) of the total invoice for Eligible Equipment (excluding taxes, shipping, warranty charges, freight discounts and installation expenses relating to such Eligible Equipment except to the extent such are allowed to be financed pursuant hereto as Other Equipment).

  • Upon the funding of such Equipment Advance, this schedule automatically shall be deemed to be a part of the Collateral.


More Definitions of Equipment Advance

Equipment Advance or "Equipment Advances" shall mean any advance made hereunder pursuant to Sections 2.1.2,2.1.3 and 2.1.5."
Equipment Advance or "Equipment Advances" means a cash advance or cash advances under the Equipment Facility.
Equipment Advance means any Loan funds advanced under this Agreement that are not Secondary Equipment Advances.
Equipment Advance is defined in Section 2.1.4.
Equipment Advance has the meaning set forth in Section 2.1.2." and inserting in lieu thereof the following:
Equipment Advance is defined in Section 2.4(a).
Equipment Advance has the meaning given in Section 2.3.