Eton Contract Instalment Advance definition

Eton Contract Instalment Advance means, in relation to the Eton Ship, each of the four (4) Advances of the Eton Tranche in the amount of up to $470,000, in the case of the first such Advance, up to $940,000, in the case of the second such Advance, up to $1,410,000, in the case of the third such Advance, and up to $2,350,000, in the case of the fourth such Advance, made or, as the context may require, to be made available to the Borrowers to finance and/or, as the case may be, refinance in part the payment of an instalment of the Eton Contract Price falling due before the Delivery Date for the Eton Ship, in each case as set out in more detail in schedule 5 and "Eton Contract Instalment Advances" means any or all of them;
Sample 1

Related to Eton Contract Instalment Advance

  • Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

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

  • Instalment means with respect to each Mortgage Loan Agreement, each instalment due from the relevant Debtor thereunder and which consists of an Interest Instalment and a Principal Instalment.

  • Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.

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

  • Equipment Advance is defined in Section 2.1.1.

  • Balloon Instalment has the meaning given in Clause 8.1;

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

  • 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.

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

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

  • 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:

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • Guaranteed Advance Payment Sum means: The maximum amount of R .........................................................................

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • 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.

  • Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • 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).

  • Loan Contract means any written agreement under which a qualified lender lends or agrees to lend funds to a borrower in consideration for, among other things, the borrower’s promise to repay the loaned funds at an agreed- upon rate of interest.

  • Simple Interest Advance means, with respect to a Simple Interest Receivable, the amount, as of the last day of a Collection Period, which is advanced with respect to such Simple Interest Receivable by the Servicer pursuant to Section 4.4(a) of the Sale and Servicing Agreement.

  • Further Advance means, in relation to a Loan, any advance of further money to the relevant Borrower following the making of the Initial Advance, which is secured by the same Mortgage as the Initial Advance, excluding the amount of any retention in respect of the Initial Advance;