Equipment Line B Advances definition

Equipment Line B Advances means a cash advance or cash advance under the Equipment Line B.
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Examples of Equipment Line B Advances in a sentence

  • The aggregate outstanding amount of Tranche A Equipment Line B Advances and Tranche B Equipment Line B Advances shall not exceed the Equipment Line.

  • BPE may request Equipment Line B Advances under Tranche A at any time from the date hereof through the Tranche A Availability End Date.

  • BPE may request Equipment Line B Advances under Tranche B at anytime from the Tranche A Availability End Date through the Tranche B Availability End Date.

  • Borrower may request Equipment Line B Advances under ELB Tranche A at any time from the Third Amendment Date through the ELB Tranche A Availability End Date.

  • Borrower may request Equipment Line B Advances under ELB Tranche C at any time from the first Business Day following the ELB Tranche B Availability End Date through the ELB Tranche C Availability End Date.

  • Borrower may request Equipment Line B Advances under ELB Tranche D at any time from the first Business Day following the ELB Tranche C Availability End Date through the ELB Tranche D Availability End Date.

  • Notwithstanding the foregoing, Equipment Line B Advances may be used for software purchases and related installation fees in an aggregate amount not exceeding $3,000,000 at any time.

  • The aggregate outstanding amount of all Equipment Line B Advances shall at no time exceed the Equipment Line B and each Equipment Line B Advance shall be in a minimum amount of $500,000.

  • Borrower may request Equipment Line B Advances under ELB Tranche B at any time from the first Business Day following the ELB Tranche A Availability End Date through the ELB Tranche B Availability End Date.

Related to Equipment Line B Advances

  • Equipment Advance is defined in Section 2.1.1.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

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

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

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Committed Equipment Line means a credit extension of up to Three Million Dollars ($3,000,000.00).

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

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

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

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

  • 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.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • 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).

  • 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.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.