Class B Advance Amount definition
Examples of Class B Advance Amount in a sentence
Each Class B Note Purchaser shall record its respective pro rata portion of each Class B Advance and corresponding Class B Advance Amount, and each Class B Note Purchaser's record (which may be in electronic or other form in each Class B Note Purchaser's reasonable discretion) shall show all Class B Advance Amounts and prepayments made or received by such Class B Note Purchaser.
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.
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.