Advance Rate Sample Clauses

Advance Rate. The Advance Rate may be increased or decreased by agreement of the Borrowers and the Lender.
AutoNDA by SimpleDocs
Advance Rate. 5 Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Advance Rate. 9 Affiliate......................................................................................................... 3
Advance Rate. The “Advance Rate” means
Advance Rate up to 85% of the gross face amount of each Eligible Account purchased under this Agreement that was funded to Seller in advance of its due date. Purchaser may adjust the Advance Rate upward or downward at any time, in its sole discretion.
AutoNDA by SimpleDocs
Advance Rate. Except to the extent subject to another interest rate pursuant to subsections (c), (d) or (e) below, all Advances shall bear interest at a rate per annum equal to (Insert Accepted Proposal) plus the Applicable Margin determined in accordance with the table set forth in subsection (a) above.
Advance Rate. The Bank will not make any extension of credit if, as a result, the Outstanding Balance would exceed the Borrowing Base.
Advance Rate. The advance shall be in an amount not exceeding: (i) if the Debt Service Coverage Ratio is less than 1.20:1.00, 80% of the invoiced amount for equipment to be purchased from the proceeds of such advance or (ii) if the Debt Service Coverage Ratio is greater than 1.20:1.00, 100% of such amount.
Time is Money Join Law Insider Premium to draft better contracts faster.