Aggregate Advances definition

Aggregate Advances means the aggregate original dollar amount of Advances made under the Loan Agreement, whether such Advances are outstanding or prepaid, at the time of any scheduled adjustment to the Exercise Quantity.
Aggregate Advances means the sum of the aggregate outstanding principal amount of Advances plus the aggregate outstanding principal amount of all Letter of Credit Advances, Licensee Loans, Swing Line Advances and Undrawn Amounts.

Examples of Aggregate Advances in a sentence

  • Interest on the Aggregate Advances shall be payable in arrears monthly on the Payment Date in respect of the previous Collection Period and on the Facility Termination Date.

  • The Aggregate Advances reflected by the notations made in Lender's business records shall be conclusive evidence of the principal amount owing and unpaid on the Note.

  • Lender agrees, subject to the terms and conditions set forth herein, to make Advances to Purchaser (each of which shall be evidenced by the Note) from time to time on a Settlement Date and before the Purchase Termination Date, so long as no Default or Event of Default shall be in existence on such Settlement Date; provided that, immediately after each such Advance is made, the Aggregate Advances will not exceed the Borrowing Base.

  • Any request for an Advance hereunder by either Borrower, which when added to all Aggregate Advances as of the date of such request is in excess of the Line of Credit Commitment, shall be deemed to be a request for a Discretionary Advance.

  • In no event may the Interest Rate, or the amount of interest paid on the Aggregate Advances, exceed the maximum rate of interest permitted by law.


More Definitions of Aggregate Advances

Aggregate Advances means all Advances made under the Loan Agreement at a given date.
Aggregate Advances means the Canadian dollar equivalent of the aggregate original principal dollar amount of Advances made under the Loan Agreement (calculated using the Bank of Canada noon spot exchange rate on the date of the applicable Advance), whether such Advances are outstanding or prepaid, at the time of any scheduled adjustment to the Exercise Quantity.
Aggregate Advances means the aggregate original dollar amount of Advances made under the Loan Agreement, whether such Advances are outstanding or prepaid, at the time of any scheduled adjustment to the Exercise Quantity. Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons in whose name or names any certificate representing shares of Preferred Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.
Aggregate Advances means the aggregate original dollar amount of all Advances made under the Bridge Loan Note, as defined in the Loan Agreement.
Aggregate Advances means, with respect to any Funding Date, the sum of all Advances made (or requested to be made, as the context requires) by all Subordinated Lenders on such Funding Date.
Aggregate Advances means, the sum of the Advances hereunder. "Applicable Law" means (a) any law or regulation of (i) the
Aggregate Advances means, at any time, the aggregate principal amount of Canadian Advances and US Advances made to or for the account of the Borrowers outstanding at such time.