Advance E definition

Advance E means the advance of USD24,000,000, to be applied in on-lending to Palermo, Hyperion and/or Sagittarius to refinance in part the purchase of Vessel A, Vessel B and Vessel C;

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Advance E means the principal amount of up to the lesser of (i) USD4,000,000 and (ii) 50% of the Valuation Amount of Vessel E as at the relevant Drawdown Date, to be made available by the Lenders to the Borrowers subject to clause 2 of this Agreement for the purpose described in clause 2.1 or, as the context requires, the amount thereof outstanding from time to time;

Advance E means the advance equal to the lesser of (i) USD10,000,000 and (ii) 50% of the Valuation Amount of Vessel E determined no more than 10 days prior to the Drawdown Date relating thereto, to be applied in refinancing such Vessel or, as the context requires, the amount thereof outstanding from time to time;

Examples of Advance E in a sentence

Subject to the other provisions of this Agreement, the Lenders shall make available to the Borrowers a senior secured term loan facility of up to $64,200,000, in up to six Advances, Advance A, Advance B, Advance C, Advance D, Advance E and Advance F, for the purpose stated in the preamble to this Agreement.
Any partial prepayment in respect of Advance A or Advance B shall be applied pro rata to Advance A and Advance B and any partial prepayment in respect of Advance C, Advance D or Advance E shall be applied pro rata to Advance C, Advance D and Advance E.
Structural Repair Manual Repair Consultation Tool Nacelle Structural Repair Manual AirN@v OFF Advance E 90.
Structural Repair Manual Repair Consultati Nacelle Structural Repair Manual on Tool ( integrated in Airbus SRM ) Non Destructive Testing Manual AirN@v OFF Advance E 20* 90.
F-9 PRIVILEGED AND CONFIDENTIAL EXHIBIT F NOMENCLATURE ABBR AVAIL FORM TYPE QTY DELIV COMMENTS ---------------------------------------- ------- ----- ---------- ---- --- ----- -------------------------------------- STRUCTURAL MANUALS AirN@v REPAIR , including : AirN@v ON Advance E N/A 90.

More Definitions of Advance E

Advance E means an advance of the Total Commitments up to the lesser of (a) the Ship Commitment in respect of Ship E and

Advance E means an amount equal to the least of (i) $3,700,000, (ii) 55% of the Fair Market Value of Ship L and (iii) an amount which, when added to the Advances which have been drawn down on or prior to Advance E will equal 55% of the aggregate Fair Market Values of all the Guarantor Ships which will be subject to a Mortgage on the Drawdown Date in respect of Advance E, to be applied in or towards financing or refinancing the acquisition of Ship L or, as the context requires, the amount thereof outstanding from time to time;

Advance E means the principal amount of the borrowing by the Borrowers under this Agreement in respect of Ship E or, as the context may require, the principal amount outstanding of such Advance in respect of that Ship under this Agreement.

Advance E means the principal amount of the Advance referred to in Clause 3.2(b)(v) made or to be made by the Lender pursuant to Clause 3 or (as the context requires) the principal amount thereof for the time being outstanding under this Agreement; and

Advance E means a borrowing of a part of the Total Commitments by the Borrowers up to the Ship Commitment in respect of Ship E, which is to be made available in relation to Ship E, and comprising a Commercial Facility Advance, a KEXIM Facility Advance, a KEXIM Covered Facility Advance and a K-sure Facility Advance, each in the Relevant Percentage of such Advance, or (as the context may require) the outstanding principal amount of such borrowing.

Advance E have the meanings given to them in Clause 2.1;

Advance E means the Post-Delivery Junior Facility Advance related to Newbuilding A and referred to in Clause 4.5(a);