Aggregate Advance definition

Aggregate Advance has the meaning specified in Section 2.03 hereof.
Aggregate Advance means, collectively, each set of Advances made by Banks to Borrower on the same date, bearing interest at the same rate, and having the same Interest Period.

Examples of Aggregate Advance in a sentence

  • Such payments or transfers may be made without prior notice to Dealer and without regard to any Aggregate Advance Limit then in effect for Dealer.

  • In a real case, the lawyers would make reference to the transcripts of the original trial, as well as anything that was admitted into evidence at trial (expert reports, police evidence etc.).

  • B507 Calculation of Aggregate Advance The Aggregate Advance shall be, for the purposes of calculating additional Use fees, the total of all the Advance payments paid to Performers in a Production, with the limitation that no Performer shall be credited with an Advance payment greater than the amount equal to the number of days of principal photography multiplied by twenty (20) times the minimum daily fee for a Principal Actor, as set out in Article B101.

  • For example, if the Participant’s spouse is his primary Beneficiary and his three children are his contingent Beneficiaries, and if the spouse survives the Participant such that she is receiving distributions pursuant to the terms of this Plan, but dies prior to the receipt of all distributions to which she is entitled, any remaining distributions shall be paid to the spouse’s estate and not to the contingent beneficiaries.

  • As of the 2018 Amendment Closing Date, each Addition Date thereafter and each date thereafter on which each of the Aggregate Advance Amount and the Aggregate Net Investment is calculated, each Transferred Receivable included in such calculation as an Eligible Receivable is an Eligible Receivable.

  • At any time a Financed Rental Property Issue exists with respect to any Financed Rental Property, then the Market Value thereof shall automatically be reduced to zero and Lender may, at its option, by notice to Borrowers (as such notice is more particularly set forth below, a “Repayment Notice”) require Borrowers to repay a portion of the Aggregate Advance Amount in an amount equal to the Repayment Amount with respect to such Financed Rental Property (a “Mandatory Repayment”).

  • Dealer shall keep the Collateral insured against such risks and in an amount equal to the Aggregate Advance Limit or such lesser amount as AFC may from time to time permit and with such insurer or insurers as AFC may from time to time approve.

  • B505 Participation in Gross: Advance If the Producer elects to pay an Advance as set out in B501(b), Performers shall be paid, as Use fees, an aggregate amount equal to the applicable percentage of Distributor’s Gross Revenue, provided that no amounts shall be paid until such time as the Aggregate Advance (as defined in Article B507) is recouped from the Distributor’s Gross Revenue.

  • At any time and from time to time, Borrowers may, but not more than twice during the term of this Agreement, upon at least three (3) Business Days’ prior written notice to Lender, terminate in whole or reduce ratably in part the unused portions of the Committed Amount; provided that the Committed Amount shall in no event be reduced below the Aggregate Advance Amount outstanding at the time of such reduction.

  • All provisions of this Note, excluding any language specifically referencing Dealer by individual or business name or address, or referencing the dollar amount of Dealer’s Aggregate Advance Limit.


More Definitions of Aggregate Advance

Aggregate Advance means the aggregate total of the Advance Payments made to Employee. Each Advance Payment is payable in cash or registered shares of HMC’s common stock (as provided below), or partially in cash and partially in stock, as determined by HMC in its sole discretion. If HMC elects to pay any of an Advance Payment in shares of stock, HMC shall issue and deliver to the Employee, on a date (the “Issue Date”) which shall be on or within 10 days after the Payment Date, such number of shares of common stock of HMC (or its successor) equal to the quotient of (i) the dollar amount of the Advance Payment to be paid in stock (the “Stock Payment Amount”), divided by (ii) the “Fair Market Value” (as defined below) per share of such common stock as of the applicable Issue Date. The issuance of such shares is subject to withholding if applicable as provided under Section 3(g) hereof. The Employee shall comply, in connection with any sales of such shares, with any request by HMC of the Employee to coordinate such sales with or through one or more market makers or other registered broker/dealers designated by HMC. Payment Date: Advance Payment Payment Date: Advance Payment April 10, 2006: $162,500 Oct. 10, 2007: $37,500 July 10, 2006: $50,000 Jan. 10, 2008: $37,500 Oct. 10, 2006: $50,000 April 10, 2008: $24,875 Jan. 10, 2007: $50,000 July 10, 2008: $24,875 April 10, 2007: $37,500 Oct. 10, 2008: $24,875 July 10, 2007: $37,500 Jan. 10, 2009: $24,875 Offset of Excess Advance Payments. If the calculation of the Sale Bonus or Term Bonus under Section 3(c)(i) or Section 3(c)(ii) above, as the case may be, results in a negative number (or results in a larger negative number) due to the subtraction of the Aggregate Advance in the applicable calculation formula in such Sections, then the amount of such negative number (or such increase in a negative number, as the case may be) may be applied by the Company and/or HMC to offset against any other payments due to Employee by the Company and/or HMC under this Agreement, and if there is any remaining balance of such negative amount after such offset, the Employee shall promptly repay such balance to the Company (such payment to be made not later than 10 days following the Company’s demand).

Related to Aggregate Advance

  • Revolving Advance has the meaning given in Section 2.1.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Aggregate Borrowing Base means as of any date of determination, an amount equal to (i) the sum of the SMP Borrowing Base and the SI Borrowing Base; less (ii) any Reserves except to the extent already deducted therefrom.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

  • Revolving Advances means Advances made other than Letters of Credit.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.