Additional Advance Amount definition

Additional Advance Amount has the meaning set forth in Section 3.2(a).

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Additional Advance Amount means, with respect to any Additional Advance Purchased Asset, the amount of Additional Advances funded in respect of such Additional Advance Purchased Asset as of the Additional Advance Effective Date, as reflected in the Confirmation related to such Purchased Asset, minus any Additional Advance Amounts reduced by giving effect to a repurchase in whole or in part by Seller of the related Additional Advance Purchased Asset or application of any Additional Advance Amortization Amount pursuant to Article 3(dd), as applicable, plus any Additional Advance Amounts re-allocated by Buyer in respect of any Additional Advance Purchased Asset pursuant to Article 3(dd).

Additional Advance Amount means $700,000; provided that such amount shall be reduced to $0.00 on the earliest of (i)December 15, 2009 if Borrower has not as of such date met the requirements of Sections 6(c)(i) and 6(c)(ii) hereof or (ii) the date of Borrower’s receipt of the Recapitalization Funds.

Examples of Additional Advance Amount in a sentence

In the case of an Additional Advance, each Lender shall make the funds for its Pro Rata Share of the Additional Advance Amount available to Administrative Agent not later than 11:00 a.m. Administrative Agent’s Time on the Funding Date thereof.
Notwithstanding any provision to the contrary set forth herein or in any other Loan Documents, in no event shall Administrative Agent have any obligation to disburse any Additional Advance Amount to Borrower unless and until Administrative Agent has received from each Lender immediately available funds in an amount equal to each such Lender’s Pro Rata Share of the Additional Advance Amount.
If such Lender pays its Pro Rata Share of the applicable Additional Advance Amount to Administrative Agent, then the amount so paid shall constitute such Lender’s Pro Rata Share of such Additional Advance Amount.
After Administrative Agent’s receipt of the Additional Advance Amount from Lenders, Administrative Agent shall make proceeds of the Loan in an amount equal to the Additional Advance Amount (or, if less, such portion of the Additional Advance Amount that shall have been paid to Administrative Agent by Lenders in accordance with the terms hereof) available to Borrower on the applicable Funding Date by advancing such funds to Borrower in accordance with the provisions of Exhibit “C-1”.
Upon payment of the $700,000 to Bank as required in this section 6(a), on and after the date of such payment, Borrower must be in compliance with Section 2.6 of the Loan Agreement as amended hereby, calculated with the Additional Advance Amount at $0.
After Administrative Agent’s receipt of the Additional Advance Amount from Lenders, Administrative Agent shall make proceeds of the Loan in an amount equal to the Additional Advance Amount (or, if less, such portion of the Additional Advance Amount that shall have been paid to Administrative Agent by Lenders in accordance with the terms hereof) available to Borrower on the applicable Funding Date by advancing such funds to Borrower in accordance with the provisions of Exhibit ”C-2”.
Lender and the Company have agreed that, with any Additional Advance Amount or Ancillary Advance Expense shall be added to the principal amount of the Master Debenture.
After Administrative Agent’s receipt of the Additional Advance Amount from Lenders, Administrative Agent shall make proceeds of the Loan in an amount equal to the Additional Advance Amount (or, if less, such portion of the Additional Advance Amount that shall have been paid to Administrative Agent by Lenders in accordance with the terms hereof) available to Borrower on the applicable Funding Date by advancing such funds to Borrower in accordance with the provisions of Exhibit “C-2”.
Any Advances for Make Ready Expenses shall reduce the remaining amount that otherwise would be available for Advances for other Approved Leasing Expenses, such that the aggregate amount of Advances made for Make Ready Expenses (which shall be subject to the Maximum Make Ready Additional Advance Amount, as provided above) and Advances made for other Approved Leasing Expenses shall never collectively exceed the Future Leasing Expense Advance Amount.
For the avoidance of doubt, the Future Leasing Expense Advance Amount shall be inclusive of the Maximum Spec Buildout Additional Advance Amount and the Maximum Make Ready Additional Advance Amount.

More Definitions of Additional Advance Amount

Additional Advance Amount shall have the meaning set forth in the Recitals hereto.

Additional Advance Amount. The amount funded with respect to an Additional Advance. “Additional Advance Capacity”: With respect to a Purchased Asset subject to an Additional Advance, an amount equal to the difference between (x) the Maximum Purchase Price of such Purchased Asset minus (y) the outstanding Purchase Price of such Purchased Asset (in each case, calculated as of the date of the proposed Additional Advance). “Affiliate”: With respect to any Person, any other Person directly or indirectly Controlling, Controlled by, or under common Control with, such Person; provided, however, that in no event shall any of the following entities be considered an “Affiliate” of Seller or Guarantor; (i) the Pine River Entities or (ii) any Subsidiary or other Affiliates of, or any fund or other entity managed or advised from time to time by, any of the Pine River Entities solely to the extent that such Person would be considered an Affiliate solely as a result of a Pine River Entity’s direct or indirect ownership therein. “Agreement”: The meaning set forth in the preamble to this Amended and Restated Master Repurchase Agreement and Securities Contract. “Aggregate Amount Outstanding”: On each date of the determination thereof, the total amount due and payable to Buyer by Seller in connection with all Transactions (including all Future Funding Transactions) under this Agreement outstanding on such date. “Alternative Rate”: A per annum rate based on an index approximating the behavior of LIBOR, as determined by Buyer. “Amended and Restated Confirmation”: Defined in Section 3.01(d). “Amendment Effective Date”: May 9, 2018. “Anti-Corruption Laws”: The U.S. Foreign Corrupt Practices Act, the UK Bribery Act, the Canadian Corruption of Foreign Public Officials Act or any other law applicable to Seller or any of its Affiliates that prohibits the bribery of foreign officials to gain a business advantage. “Anti-Money Laundering Laws”: The applicable laws or regulations in any jurisdiction in which Seller, Guarantor or any Affiliate of Seller or Guarantor is located or doing -2- LEGAL02/38049601v7

Additional Advance Amount means that amount determined by Lender equal to the lesser of:

Additional Advance Amount means, with respect to any Account, any principal payment received by IFS in excess of the Advance Amount.

Additional Advance Amount means such amount as the Agent determines in its reasonable discretion, but in no event less than $500,000 or more than $2,000,000.

Additional Advance Amount means, with respect to an Additional Advance Purchased Asset, the amount of Additional Advances funded in respect of such Additional Advance Purchased Asset as of the Additional Advance Effective Date, as reflected in the Confirmation related to such Purchased Asset, minus any Additional Advance Amounts reduced by giving effect to a repurchase in whole or in part by Seller of the related Additional Advance Purchased Asset or application of any Early Amortization Amount or Additional Amortization Amount to such Additional Advance Purchased Asset pursuant to Article 3(bb)(iii) or Article 2(a) of Fee Letter Amendment No. 2, as applicable, plus any Additional Advance Amounts re-allocated by Buyer in respect of any Additional Advance Purchased Asset pursuant to Article 3(bb)(iv).