Acquisition Advance. The obligation of Lessor to make the Acquisition Advance hereunder (and the obligations of the Participants to fund their respective Proportionate Shares of the Acquisition Advance) is (are) subject to receipt by Agent, on or prior to the Closing Date, of each item listed in Schedule 3.01).
Acquisition Advance. (i) Subject to and upon the terms and conditions of this Agreement, at any time from December 9, 2003 through February 9, 2004, Borrowers may request an Advance (the "Acquisition Advance") from Bank in an amount not to exceed the lesser of (i) the Acquisition Line and (ii) the Borrowing Base. The Acquisition Advance shall be used only for the purpose of Quovadx and its wholly owned Subsidiary Chess Acquisition Corporation ("Chess") purchasing not less than a majority of the shares of Rogue Wave, and Bank shall have no obligation to make the Acquisition Advance unless it has reviewed a complete cash sources and uses statement from Borrower for the acquisition of Rogue Wave which is in form and substance satisfactory to Bank in its discretion.
Acquisition Advance. Each Participant severally, unconditionally and irrevocably agrees with Lessor to participate in the Acquisition Advance made by Lessor in an amount equal to such Participant's Proportionate Share of the Acquisition Advance; provided, however, that the aggregate amount of each Participant's Proportionate Share of the Acquisition Advance shall not exceed such Participant's Commitment. Each Participant shall fund its Proportionate Share of the Acquisition Advance as provided in Subparagraph 2.05(a). Each Participant's Proportionate Share of the Acquisition Advance shall consist of such Participant's Tranche A Portion and Tranche B Portion.
Acquisition Advance. With respect to the Acquisition Advance:
Acquisition Advance. (a) Through December 31, 1997, Bank will make advances (each, an "Acquisition Advance" and collectively, "Acquisition Advances") not exceeding the Committed Acquisition Loan. The Acquisition Advances may only be used to pay-off existing long term debt acquired by Borrower as well as additional direct acquisition costs pursuant to Borrower's acquisition of Opis Corporation.
Acquisition Advance. An Acquisition Advance shall be available only to finance a Material Acquisition pursuant to the terms and conditions of this Section 1.9.
Acquisition Advance. An Acquisition Advance shall be available only to finance a Material Acquisition pursuant to the terms and conditions of this Section 1.9. The proceeds of any Acquisition Advance shall be limited to an amount not to exceed one hundred percent (100%) of the cash portion of the purchase price of the Acquisition to be financed thereby. An Acquisition Advance may be made either as a Base Rate Advance or a LIBOR Advance in accordance with the terms and conditions of Section 1.2 hereof with respect to such Advances.
Acquisition Advance. (a) Subject to the terms and conditions of this Agreement, Foothill agrees to make a one-time advance on the Closing Date (the "Acquisition Advance") to Borrower, in an amount not to exceed at any one time the lesser of (i) $1,000,000 or (ii) the aggregate amount of Indebtedness that may be incurred pursuant to subsection 4.09(b)(vi) of the Indenture, for the limited purpose of funding a portion of the purchase price of the acquisition of MTI's assets under the MTI Purchase Agreement to the extent permitted by subsection 4.09(b)(vi) of the Indenture.
Acquisition Advance. Any advance of the proceeds of the Loan by Lender to Borrower or on behalf of Borrower to finance the costs of acquisition of a Parcel(s), not previously financed under the Construction Loan.
Acquisition Advance. Any advance of loan proceeds under either the Construction Loan or Permanent Loan by TMCC to Borrower or on behalf of Borrower to finance the costs of the purchase of a Property or refinance existing indebtedness secured by a Property pursuant to Article 3.
