Availability Advance definition

Availability Advance means an additional Receivables Advance advanced by Lender to Borrower from time to time with respect to an Eligible Instrument that then constitutes Receivables Collateral against which a previous Receivables Advance has been made.
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Availability Advance an Advance which is made against an Eligible Note Receivable after the first Advance made against such Note Receivable in an amount up to eighty five percent (85%) of the then-outstanding principal balance of all Eligible Notes Receivable pledged to Lender minus the unpaid Loan balance.
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Availability Advance an Advance which is made against an Eligible Instrument after the first Advance made against such Instrument and is based upon the difference at such time between the Borrowing Base of such Instrument and the unpaid principal balance of the Receivables Loan attributable to such Instrument; provided that the substitution of an Eligible Instrument for an ineligible Instrument pursuant to paragraph 3.2 shall not be deemed to be an Availability Advance for purposes of this paragraph, but the first and every subsequent Advance against such substituted Eligible Instrument shall be deemed to be an Availability Advance.
Sample 1

Examples of Availability Advance in a sentence

  • Again, Information Availability, Advance Rulings, and Appeal Procedure TFIs favor small firms only: a 10% improvement in the Information Availability index implies a 5.4% increase in the average export value per product by small players, while a 10% increase in Advance Rulings and Appeal Procedure measures stimulates the intensive margins of small firms by 5.1% and 1.7% respectively.

  • We observe that implementation of regional best practice in Information Availability, Advance Rulings and Appeal Procedure moves the distribution of firm exports to the right, and shows a more equal distribution of firms export values (red line Lorenz curve closer to the diagonal).

  • The product extensive margin estimation results in table 4 confirm what was described above that Information Availability, Advance Rulings and Appeal Procedure favor small firms in particular.

  • After giving effect to any Xxxxxxxx Xxxx Event Advance or Increased Availability Advance, no Borrowing Base Deficiency will exist (and the Administrative Agent shall have received an Additional Advance Request and a Monthly Report demonstrating the foregoing).

  • In addition to satisfying all of the conditions precedent to the making of an Advance, as a condition of an Availability Advance, Borrower shall deliver to Lender a Request for Availability Advance substantially in the form and substance of Exhibit U attached hereto, together with such other items which are reasonably necessary to determine satisfaction of the conditions precedent thereto.

  • We also studied the effect of trade faciliation on firms’ product differentiation.Our results show that Information Availability, Advance Rulings and Appeal Procedures have a positive effect on the extensive and intensive margins of French exporters, especially small and medium sized exporters.

  • In addition to satisfying all of the conditions precedent to the making of an Advance, as a condition of an Availability Advance, Borrower shall deliver to Lender a Request for Availability Advance substantially in the form and 24 substance of Exhibit U attached hereto, together with such other items which are reasonably necessary to determine satisfaction of the conditions precedent thereto.

  • Borrower shall have delivered to Lender the following items prior to each Availability Advance, all of which must be satisfactory in form and substance to Lender in its sole and absolute discretion.

  • Again, Information Availability, Advance Rulings and Appeal Procedure TFIs favor exclusively small firm: a 10% improvement in the Information Availability index implies a 5.4% increase in the average export value per product by small players, while a 10% increase in Advance Rulings and Appeal procedure measures stimulate small firms’ intensive margin by 5.1% and 1.7% respectively.

  • An Availability Advance shall be made no more frequently than once per calendar month.


More Definitions of Availability Advance

Availability Advance means each Advance made against an Eligible Instrument after the first Advance made against such Instrument; provided that in the case of an Eligible Instrument substituted for an ineligible Instrument pursuant to paragraph 3.2, an Availability Advance shall be deemed made at the time of the first Advance made against such substituted Instrument."
Sample 1
Availability Advance means an Advance made against an Eligible Instrument after the first Advance made against such Instrument; provided that neither any readvance of Refundable Segment A Proceeds pursuant to paragraph 9.11 nor the substitution of an Eligible Instrument for an ineligible Instrument pursuant to paragraph 3.2 shall be deemed to be an Availability Advance for purposes of this paragraph 9. 10, but the first and every subsequent Advance against such substituted Eligible Instrument shall be deemed to be an Availability Advance."
Sample 1
Availability Advance means an Advance that Borrower may request against Eligible Instruments that are currently assigned to Lender and have been previously advanced against under the terms of this Loan Agreement.
Sample 1
Availability Advance an Advance of the Receivables Loan which is made against an Eligible Instrument after the first Advance of the Receivables Loan made against such Instrument and is based upon the difference at such time between the Borrowing Base of such Instrument and the unpaid principal balance of the Receivables Loan attributable to such Instrument; provided that the substitution of an Eligible Instrument for an ineligible Instrument pursuant to paragraph 3.2 shall not be deemed to be an Availability Advance for purposes of this paragraph, but the first and every subsequent Advance of the Receivables Loan against such substituted Eligible Instrument shall be deemed to be an Availability Advance.
Sample 1

Related to Availability Advance

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

  • 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.

  • 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.

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

  • Eligible advance means an advance made before August 19, 1993.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

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

  • Revolving Advance has the meaning given in Section 2.1.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • 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).

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

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

  • 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.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d). [Signature page follows.]

  • Equipment Advance is defined in Section 2.1.1.

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

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