Closing Date Advance definition

Closing Date Advance has the meaning set forth in Section 1.1(a).

Closing Date Advance means the Loans made on the Closing Date for payment of the Closing Fee and payment of all reasonable and documented out-of-pocket fees, costs, and expenses of Agent (including the reasonable fees and expenses of Agent’s counsel) incurred in connection with the preparation, negotiation, execution, and delivery of the Loan Documents.

Closing Date Advance means an advance in an amount equal to all outstandings (other than the GIL Accrued Interest) under the GIL Facility on the Closing Date, to be made available by the Lender hereunder, subject to the terms hereof, on the Closing Date.

Examples of Closing Date Advance in a sentence

• Notwithstanding the foregoing, in the case of the Additional Advance Notice delivered in connection with the IPO Closing Date Advance, the time of day by which such notice shall be delivered shall be prior to 12:00 noon (California time).

• From and after the Initial Closing Date Advance and the Acquisition Advance and as otherwise more fully described below, and not in limitation of the other conditions precedent of Section 5.4, the Lessor Parties shall have no obligation to fund a Requisition unless the Construction Consultant has approved the funding of such Requisition, such approval not to be unreasonably withheld or delayed.

• The provision of such subordination and postponement agreements shall constitute a condition precedent to the Closing Date Advance, and the absence of any required such subordination and postponement agreement shall constitute an Event of Default.

• The provision of such subordination and postponement agreements shall constitute a condition precedent to the Original Closing Date Advance, and the absence of any required such subordination and postponement agreement shall constitute an Event of Default.

• The Lender may, in its sole discretion, advance further amounts under this Note in United States Dollars from time to time following a written request by the Borrower (each such advance and the Closing Date Advance, an “Advance”, and the date of each Advance, an “Advance Date”).

More Definitions of Closing Date Advance

Closing Date Advance means the Advances made on the Closing Date pursuant to Section 2.01.

Closing Date Advance shall have the meaning given to such term in Section 5.3 of the Participation Agreement.

Closing Date Advance is defined in Section 2.1.

Closing Date Advance and "Closing Date Advances" shall have the respective meanings set forth in Section 2.2 hereof.

Closing Date Advance shall have the meaning set forth in Section 2.1.1.

Closing Date Advance means an advance of funds to pay Project Costs on the Closing Date.

Closing Date Advance means the sum of One Hundred and Fifty Thousand Dollars ($150,000); which sum consists of: (a) $40,000 previously advanced to the Borrower in July 2009, and (b) the $110,000 initial Advance to be made by the Lenders to the Borrower on the Closing Date.