Examples of Advance Amount in a sentence
On July 20, 2022, the parties entered into that Pre-Paid Advance Agreement (the “ Pre-Paid Advance Agreement ”) pursuant to which the Company may, provided that the conditions precedent to a Pre-Paid Advance set forth in Section 2.02 are then satisfied, request a Pre-Paid Advance in an amount not to exceed the Maximum Advance Amount from the Investor by providing a written Request.
Each Lender holding a Revolving Commitment shall participate in any new Revolving Advances made on or after such date in accordance with its Revolving Commitment Percentage after giving effect to the increase in the Maximum Revolving Advance Amount and recalculation of the Revolving Commitment Percentages contemplated by this Section 2.24.
Such consumers shall be eligible to avail discount in graded manner on their monthly bills, so long as they maintain advance payment amount in following manner: Advance Payment Amount maintained with Utility as on date of monthly bill Discount in monthly bill applicable at the rate of Illustration discount* (%)Advance Amount = Equiv.
The expected repayment date of each Class A Advance shall be specified in the Class A Advance Request, which shall be a Payment Date or an Alternative Payment Date (such date, the “ Expected Payment Date”); provided that, with respect to the Class A Initial Advance Amount with respect to each Class A Noteholder as of the Closing Date, the Expected Payment Date shall be the first Alternative Payment Date.
After giving effect to such increase, the Maximum Revolving Advance Amount shall not exceed $90,000,000.