Facility B Equipment Advance(s) definition

Facility B Equipment Advance(s) means a cash advance or cash advances under the Facility B Equipment Line.
Sample 1
Facility B Equipment Advance(s) means a cash advance or cash advances under the Facility B Equipment Line. “Facility B Equipment Line” means a Credit Extension of up to $3,000,000.
Sample 1

Examples of Facility B Equipment Advance(s) in a sentence

  • For the avoidance of doubt, the Facility A Committed Equipment Line, the Facility B Committed Equipment Line, and the Facility D Committed Equipment Line are not subject to any prepayment penalties and any prepayment by Borrower of Facility A Equipment Advances, Facility B Equipment Advances, and Facility D Equipment Advances shall be made in accordance with Section 2.3.1(d) of the Loan Agreement.

  • Subject to and upon the terms and conditions of this Agreement, at any time from August 22, 2005 through the Tranche B-3 Availability End Date, Bank agrees to make Equipment Advances (each a "Facility B Equipment Advance" and, collectively, the "Facility B Equipment Advances") to Borrower in an aggregate amount not to exceed Two Million Five Hundred Thousand Dollars ($2,500,000).

  • For the avoidance of doubt, the Facility A Committed Equipment Line and the Facility B Committed Equipment Line are not subject to any prepayment penalties and any prepayment by Borrower of Facility A Equipment Advances and Facility B Equipment Advances shall be made in accordance with Section 2.3.1(d) of the Loan Agreement.

  • Proposal: per-UE test cases and per-FR test cases are required for UE who supports per-UE and per-FR respectively.

  • The aggregate amount of Facility B Equipment Advances used for the purchase of software or leasehold improvements approved by Bank may not exceed twenty percent (20%) of the Facility B Equipment Advances.

  • Facility B Equipment Advances for equipment and furniture are hereinafter referred to as “Standard Facility B Equipment Advances”.

  • Except as set forth in Section 2.3(b), the Facility B Equipment Advances shall bear interest, on the outstanding daily balance thereof, at a rate equal to one half of one percent (0.50%) above the Prime Rate.

  • Facility B Equipment Advances may only be used to finance Eligible Equipment purchased within ninety (90) days (determined based upon the applicable invoice date of such Eligible Equipment) before the date of each Facility B Equipment Advance.

  • The highest rates are among those aged 70 or over, although globally suicide is the second leading cause of death amongthose 15–29 years old.In September 2014 the WHO published its first ‘World Suicide Report’, Preventing Suicide: A Global Imperative, according to which 75% of suicides are in low- and middle-income countries.

  • Except as set forth in Section 2.3(b), (A) the Standard Facility B Equipment Advances shall bear interest, on the outstanding daily balance thereof, at a rate equal to one percent (1.0%) above the Prime Rate, and (B) the Facility B Software Advances shall bear interest, on the outstanding daily balance thereof, at a rate equal to two percent (2.0%) above the Prime Rate.

Related to Facility B Equipment Advance(s)

  • Equipment Advance is defined in Section 2.1.1.

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

  • 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.

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

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

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

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • 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.

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

  • 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.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

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

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

  • 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:

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

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

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

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

  • 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 Borrowing Base means, at any time of calculation, an amount equal to:

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • 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.

  • Revolving Advance has the meaning given in Section 2.1.