''Facility Two Advance definition

''Facility Two Advance means any advance made pursuant to section 2.2.
Sample 1

Examples of ''Facility Two Advance in a sentence

  • The calculations have been conducted using the Calculation of Road Traffic Noise (CORTN) algorithm, and are based upon the following assumptions: Vehicle speeds are 100 km/h along the M5 Motorway and 60 km/h along Moorebank Avenue and Anzac Road. Typical receiver setbacks are approximately 25 metres along the M5 Motorway and approximately 12 metres along Moorebank Avenue and Anzac Road.

  • Id. Fourth, Defendant encourages the Court to rely on Basciano andto determine that, like the pattern of racketeering at issue in Basciano, the SDFL Indictment describes a broad pattern of racketeering that covers the activities in each indictment.

  • Upon the approval by Lender of any Funding Request, Lender shall make a Facility Two Advance to Borrower in the requested amount; provided that in no event shall Lender be obligated to make any Facility Two Advance that results in an Facility Two Overadvance or while any Overadvance is outstanding.

  • Lender has no obligation to make any Facility Two Advances and may exercise its sole discretion in determining whether any Receivable is an Eligible Receivable before making any Facility Two Advance.

Related to ''Facility Two Advance

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

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

  • Loan Advance The meaning specified in Section 2.2(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.

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

  • Equipment Advance is defined in Section 2.1.1.

  • 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.

  • Revolving Advance has the meaning given in Section 2.1.

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

  • 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.

  • 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.

  • Letter of Credit Advance means an advance made by the Issuing Bank or any Revolving Credit Lender pursuant to Section 2.03(c).

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Revolving Credit Lender pursuant to Section 2.02(b).

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • 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).

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

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

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

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

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

  • Permitted Advance means an advance of funds by the Assuming Bank with respect to a Shared-Loss Loan, or the making of a legally binding commitment by the Assuming Bank to advance funds with respect to a Shared-Loss Loan, that (i) in the case of such an advance, is actually made, and, in the case of such a commitment, is made and all of the proceeds thereof actually advanced, within one (1) year after the Commencement Date, (ii) does not cause the sum of (A) the book value of such Shared-Loss Loan as reflected on the Accounting Records of the Assuming Bank after any such advance has been made by the Assuming Bank plus (B) the unfunded amount of any such commitment made by the Assuming Bank related thereto, to exceed 110% of the Book Value of such Shared-Loss Loan, (iii) is not made with respect to a Shared-Loss Loan with respect to which (A) there exists a related Shared-Loss Loan Commitment or (B) the Assuming Bank has taken a Charge-Off and (iv) is made in good faith, is supported at the time it is made by documentation in the Credit Files and conforms to and is in accordance with the applicable requirements set forth in Article III of this Commercial Shared- Loss Agreement and with the then effective written internal credit policy guidelines of the Assuming Bank; provided, that the limitations in subparagraphs (i), (ii) and (iii) of this definition shall not apply to any such action (other than to an advance or commitment related to the remediation, storage or final disposal of any hazardous or toxic substance, pollutant or contaminant) that is taken by Assuming Bank in its reasonable discretion to preserve or secure the value of the collateral for such Shared-Loss Loan.

  • 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;