Common use of Existing Advances Clause in Contracts

Existing Advances. 3.1 On the date of execution of this Supplemental Mezzanine Facility Agreement by the Arranger, the parties acknowledge and confirm that the amount outstanding under Tranche A is £24,000,000.

Existing Advances. 3.1 On the date of execution of this Second Supplemental Mezzanine Facility Agreement by the Arranger, the parties acknowledge and confirm that the amount outstanding under Tranche A is £24,000,00024,000,000 and the amount outstanding under Tranche B is £11,000,000.