Class A Advance Amount definition

Class A Advance Amount means $333,380,316.91.

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Class A Advance Amount shall have the meaning ascribed to such term in the Side Letter.

Class A Advance Amount means the amount of the increase in the Class A Note Principal Balance occurring as a result of a Class A Advance.

Examples of Class A Advance Amount in a sentence

The Issuer hereby directs the Class A Note Purchaser to pay the Class A Advance Amount for each Class A Advance to CPS for the benefit of the Issuer.
Each Class A Advance and corresponding Class A Advance Amount shall be recorded by the Class A Note Purchaser, and the Class A Note Purchaser's record (which may be in electronic or other form in the Class A Note Purchaser's reasonable discretion) shall show all Class A Advance Amounts and prepayments.
The aggregate amount of the Borrowing for an Aircraft shall not exceed the sum of the Class A Advance Amount and the Class B Advance for such Aircraft.
The aggregate amount of the Class A Borrowing for an Aircraft shall not exceed the Class A Advance Amount for such Aircraft, and the aggregate amount of the Class B Borrowing for an Aircraft shall not exceed the Class B Advance Amount for such Aircraft.
On the Borrowing Date, subject to the terms and conditions hereinafter set forth, the Class A Lender and the Class B Lender shall make the term loan in principal amounts equal to (i) in the case of the Class A Lender, the Class A Advance Amount (the “Class A Loan” and a “Loan”), and (ii) in the case of the Class B Lender, the Class B Advance Amount, respectively, to the Borrower secured by Pledged Assets.
On the Class A Funding Date specified in the Class A Advance Request, subject to the other conditions set forth herein and in the other Basic Documents, the Class A Note Purchaser shall pay the Class A Advance Amount for such Class A Advance to or at the direction of the Issuer, by wire transfer in U.S. dollars of such amount in same day funds to an account designated by the Issuer or its designee by no later than 4:00 p.m. (New York City time) on the related Class A Funding Date.
On the Class A Funding Date specified in the Class A Advance Request, subject to the other conditions set forth herein and in the other Basic Documents, the Class A Note Purchaser shall pay the Class A Advance Amount for such Class A Advance to or at the direction of the Issuer, by wire transfer in U.S. dollars of such amount in same day funds to an account designated by the Issuer or its designee on the related Class A Funding Date.

More Definitions of Class A Advance Amount

Class A Advance Amount means, as of any Class A Funding Date, an amount not less than $2,000,000 and not more than the lesser of (i) the excess of the Class A Maximum Invested Amount over the Class A Invested Amount as of such Class A Funding Date and (ii) the excess of the Class A Net Borrowing Base (taking into account the Receivables to be purchased on such Class A Funding Date) over the Class A Invested Amount as of such Class A Funding Date.

Class A Advance Amount means, in respect of any Aircraft, $5,250,000.

Class A Advance Amount means, in respect of any Aircraft, the lesser of (a) 75% of the Acquisition Cost of such Aircraft and (b) $4,510,000.