Advance Margin definition

Advance Margin means one point seven five per centum (1.75%) per annum or such other rate as is varied by the Funding Lender as specifically permitted by this Agreement;
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Examples of Advance Margin in a sentence

  • Should the Advanced Margin so calculated exceed the Advance Margin paid, the Company will pay the Reinsurer the balance in accordance with Paragraph E below.

  • After applying the proceeds of each Advance, Margin Stock will not constitute more than 25% of the value of the assets (either of the Company alone or of the Company and its Subsidiaries on a consolidated basis) that are subject to any provisions of any Loan Document that may cause the Advances to be deemed secured, directly or indirectly, by Margin Stock.

  • After applying the proceeds of each Advance, Margin Stock will not constitute more than 25% of the value of the assets (either of any Borrower alone or of the U.S. Borrower and its Subsidiaries on a consolidated basis) that are subject to any provisions of this Agreement that may cause the Advances to be deemed secured, directly or indirectly, by Margin Stock.

  • After applying the proceeds of each Advance, Margin Stock will not constitute more than 25% of the value of the assets of the Company and its Subsidiaries on a consolidated basis that are subject to any provisions of this Agreement that may cause the Advance to be deemed secured, directly or indirectly, by Margin Stock.

  • Neither the Company nor any Subsidiary is engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate of, buying or carrying Margin Stock, and after applying the proceeds of each Advance, Margin Stock constitutes less than 25% of the assets of the Company and its Subsidiaries which are subject to any limitation on sale, pledge or other restriction hereunder.

  • After applying the proceeds of each Advance, Margin Stock will not constitute more than 25% of the value of the assets (either of any Borrower alone or of the Company and its Subsidiaries on a consolidated basis) that are subject to any provisions of this Agreement that may cause the Advances to be deemed secured, directly or indirectly, by Margin Stock.

  • After applying the proceeds of each Advance, Margin Stock will not constitute more than 25% of the value of the assets (either of the Company alone or of the Company and its Subsidiaries on a consolidated basis) that are subject to any provisions of any Loan Document that may cause the Advances to be deemed secured, directly or indirectly, by ▇▇▇▇▇▇ ▇▇▇▇▇.

  • After applying the proceeds of each Advance and Letter of Credit Advance, Margin Stock will not constitute more than twenty-five percent (25%) of the value of the assets (either of the Borrower alone or of the Borrower and any of its Affiliates on a consolidated basis) that are subject to any provisions of this Agreement or the Security Agreement that may cause the Advances or any Letter of Credit Advance to be deemed secured, directly or indirectly, by Margin Stock.

  • After applying the proceeds of each Advance, Margin Stock will not constitute more than 25% of the value of the assets (either of the Borrower alone or of the Borrower and its Subsidiaries on a consolidated basis) that are subject to any provisions of any Loan Document that may cause the Advances to be deemed secured, directly or indirectly, by Margin Stock.

  • All Swing Line Advances shall bear interest on the daily unpaid principal amount thereof from the date made until paid in full at a rate per annum equal to the Base Rate in effect during such time period less the Applicable Swing Line Advance Margin.