Advance Amount definition
Advance Amount means, with respect to any Asset for which any Liquidation Proceeds are received, the product of (i) the Maximum Advance Rate and (ii) the Collateral Balance of such Asset immediately prior to the sale or payment that gave rise to such Liquidation Proceeds.
Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.
Advance Amount means, as of any date of determination under the Overcollateralization Test (as described in this Section 1), (a) the sum for all Eligible Investments of the product of (i) the Market Value (determined as described in Section 4 below) of such Eligible Investment (determined as described in Section 2 below) and (ii) one minus the Margin Requirement for such Eligible Investment minus (b) the Unpaid Amount as of such date.
Examples of Advance Amount in a sentence
The Project Fund shall terminate when (i) no further moneys remain therein, and (ii) the District informs the Custodian in writing that the Unfunded Advance Amount is zero.
The Company shall, in its sole discretion, select the amount of the Advance, not to exceed the Maximum Advance Amount, it desires to issue and sell to the Investor in each Advance Notice and the time it desires to deliver each Advance Notice.
You will be charged a transaction fee of 3% of the Advance Amount for each Cash Advance (minimum $2, maximum $15).
More Definitions of Advance Amount
Advance Amount has the meaning set forth in the Collateral Valuation Schedule.
Advance Amount means with respect to the Receivables, an amount not to exceed the lesser of (i) the excess of the Maximum Invested Amount over the Invested Amount of the Note as of such Funding Date; and (ii) the excess of the Net Borrowing Base (taking into account the amount of the Receivables to be purchased on such Funding Date) over the Invested Amount of the Note as of such Funding Date.
Advance Amount. With respect to any Advance under the Variable Funding Certificates and any Funding Date, subject to the terms and conditions hereof, an amount equal to the product of (a) the Weighted Average Advance Rate on such Funding Date and (b) the Borrowing Base.
Advance Amount means, as of any date of determination, the amount equal to the least of:
Advance Amount has the meaning set forth in Section 1.3.4(a).
Advance Amount means, at any date of determination, subject to Section 1.8, the lower of (i) the Senior Advance Amount calculated using the ▇▇▇▇▇'▇ Valuation Procedures and (ii) the Senior Advance Amount calculated using the S&P Valuation Procedures.
Advance Amount means the lesser of: