Advance Drawdown Amount means the amount of the loan available in respect of each Newbuilding as specified in Schedule 5 (Ships, Owners, Accounts, Classification and Approved Flag Details).
Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).
Maximum Revolving Advance Amount means $25,000,000.
Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.
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.
Drawdown means the drawdown of a Tranche under the Loan Facility;
Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.
Available Facility Amount is defined in Section 2.2(a).
Draw Down Amount means the actual amount of proceeds to be paid by the Purchaser in connection with a Draw Down.
Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.
Term Advance has the meaning specified in Section 2.01(a).
Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.
Drawdown Date means, in relation to each Advance, any date being a Banking Day falling during the relevant Drawdown Period, on which the relevant Advance is, or is to be, made available;
Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;
Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.
Tranche A Advance has the meaning specified in Section 2.01(a).
Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]
Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.
Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.
Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.
Agent Advance shall have the meaning provided in Section 2.01(e).
Loan Advance The meaning specified in Section 2.2(a).
Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.
Advance Date means the funding date of any Advance.
New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).