Group Advance Limit means, for each Lender Group, the sum of the Commitments of the Lenders in such Lender Group.
Group Advance Limit means for each Lender Group, as of any date of determination, the sum of the Commitments of the Liquidity Banks or the Institutional Lender, as applicable, for such Lender Group.
Group Advance Limit means, for each Lender Group, the sum of the Commitments of the Lenders in such Lender Group. “Guarantor Event of Default” means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.
Examples of Group Advance Limit in a sentence
If any Conduit Lender declines to make all or any part of a proposed Advance, the Lender Agent for such Conduit Lender shall so notify the Liquidity Banks in its Lender Group and the applicable portion of the Advance shall be made by such Liquidity Banks in accordance with their ratable shares of the Group Advance Limit for their Lender Group.
The Revolver Notes shall be dated the Effective Date, or, if later, the date on which a Lender becomes party to this Agreement and shall be in a maximum principal amount equal to the applicable Lender Group’s Group Advance Limit, and shall otherwise be duly completed.
The Notes shall be dated the Effective Date, or, if later, the date on which a Lender becomes party to this Agreement and shall be in a maximum principal amount equal to the applicable Lender Group’s Group Advance Limit, and shall otherwise be duly completed.
The Notes shall be dated the Closing Date and shall be in a maximum principal amount equal to the applicable Lender Group’s Group Advance Limit, and shall otherwise be duly completed.
The Notes shall be dated the Restatement Date, or, if later, the date on which a Lender becomes party to this Agreement and shall be in a maximum principal amount equal to the applicable Lender Group’s Group Advance Limit, and shall otherwise be duly completed.
More Definitions of Group Advance Limit
Group Advance Limit means for each Lender Group, the sum of the Commitments of the Committed Lenders in such Lender Group.
Group Advance Limit with respect to the New Lender Group is $[_____]. NEW LENDER[S]: [NEW LENDER] By:_______________________ Name: Title: Address for notices: [Address] NEW MANAGING AGENT: [NEW MANAGING AGENT] By:_______________________ Name: Title: Address for notices: [Address] Consented to this ___ day of ___________, 20__ by: KEYBANK NATIONAL ASSOCIATION, as Administrative Agent By:_______________________ Name: Title: TRINCAP FUNDING, LLC, as Borrower By: Trinity Capital Inc., its sole and managing member By:_______________________ Name: Title: TRINITY CAPITAL INC., as Servicer By:_______________________ Name: Title:
Group Advance Limit with respect to the New Lender Group is $22,000,000.00. NEW LENDER: MANUFACTURERS AND TRADERS TRUST By: /s/ Xxxxxxx X. Buyer Name: Xxxxxxx X. Xxxxx Title: AVP Address for notices: Xxx X&X Xxxxx Xxxxxxx, Xxx Xxxx 00000 Fax: 0-000-000-0000 xxxxxxxxxxxxxx@xxx.xxx 0000 Xxxxxxxx Xxxx, Xxxxx Xxxxx 000 Xxxxx Xxxxxx, Xxxxxxxx 00000 Attn: Xxxx Xxxxxx NEW MANAGING AGENT: MANUFACTURERS AND TRADERS TRUST By: /s/ Xxxxxxx X. Buyer Name: Xxxxxxx X. Xxxxx Title: AVP Address for notices: Xxx X&X Xxxxx Xxxxxxx, Xxx Xxxx 00000 Fax: 0-000-000-0000 xxxxxxxxxxxxxx@xxx.xxx 0000 Xxxxxxxx Xxxx, Xxxxx Xxxxx 000 Xxxxx Xxxxxx, Xxxxxxxx 00000 Attn: Xxxx Xxxxxx Consented to this 19th day of September, 2014 by: KEY EQUIPMENT FINANCE, A DIVISION OF KEYBANK NATIONAL ASSOCIATION, as Administrative Agent By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Designated Signer GLADSTONE BUSINESS INVESTMENT, LLC, as Borrower By: /s/ Xxxxx Xxxxxx— Name: Xxxxx Xxxxxx Title: CFO and Treasurer GLADSTONE MANAGEMENT CORPORATION, as Servicer By: /s/ Xxxxx Xxxxxxxxx Name: Xxxxx Xxxxxxxxx Title: Chairman and CEO
Group Advance Limit with respect to the New Lender Group is $50,000,000. NEW COMMITTED LENDER: BRANCH BANKING AND TRUST COMPANY By: Name: Xxxxxxx Xxxxxx Title: Vice President Address for notices: 000 Xxxx Xxxxxx Xxxxxx 00xx Xxxxx Xxxxxxx Xxxxx XX 00000 Attn: Xxxx Xxxx Phone 000 000 0000 Fax 000 000 0000 NEW MANAGING AGENT: BRANCH BANKING AND TRUST COMPANY By: Name: Xxxxxxx Xxxxxx Title: Vice President Address for notices: 000 Xxxx Xxxxxx Xxxxxx 00xx Xxxxx Xxxxxxx Xxxxx XX 00000 Attn: Xxxx Xxxx Phone 000 000 0000 Fax 000 000 0000 Consented to this 24th day of April, 2008 by: DEUTSCHE BANK AG, NEW YORK BRANCH as Administrative Agent By: Name: Title: Consented to this 24th day of April, 2008 by: GLADSTONE BUSINESS LOAN, LLC as Borrower By: Name: Title: GLADSTONE MANAGEMENT CORPORATION, as Servicer By: Name: Title:
Group Advance Limit with respect to the New Lender Group is $[_____]. NEW LENDER[S]: [NEW LENDER] By: Name: Title: Address for notices: [Address] NEW MANAGING AGENT: [NEW MANAGING AGENT] By: Name: Title: Address for notices: [Address] Consented to this ___ day of ___________, 20__ by: KEYBANK NATIONAL ASSOCIATION as Administrative Agent By: Name: Title: RUNWAY GROWTH FINANCE CORP. as Borrower By: Name: Title: Authorized Signatory EXHIBIT D FORM OF MONTHLY REPORT [see attached] EXHIBIT E
Group Advance Limit with respect to the New Lender Group is $[___]. NEW CONDUIT LENDER[S]: [NEW CONDUIT LENDER] By: Name: Title: Address for notices: [Address] NEW SECONDARY LENDER[S]: [NEW SECONDARY LENDER] By: Name: Title: Address for notices: [Address] NEW MANAGING AGENT: [NEW MANAGING AGENT] By: Name: Title: Address for notices: [Address] Consented to this ___ day of ___________, 20__ by: THE BANK OF NOVA SCOTIA, ACTING THROUGH ITS NEW YORK AGENCY, as Agent By: Name: Title: HIGHLAND FLOATING RATE ADVANTAGE FUND, as Borrower By: Name: Title:
Group Advance Limit means, for each Lender Group, the sum of the Commitments of the Lenders in such Lender Group. “Guarantor Event of Default” means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty. “Hedge Breakage Costs” means, for any Hedge Transaction, any amount payable by the Borrower for the early termination of that Hedge Transaction or any portion thereof. “Hedge Collateral” is defined in Section 5.2(b). “Hedge Counterparty” means KeyBank, BB&T or any other entity that (a) on the date of entering into any Hedge Transaction (i) is an interest rate swap dealer that is either a Lender or an Affiliate of a Lender, or has been approved in writing by the Administrative Agent (which approval shall not be unreasonably withheld), and (ii) has a short-term unsecured debt rating of not less than A-1 by S&P and not less than P-1 by Xxxxx’x, and (b) in a Hedging Agreement (i) consents to the assignment of the Borrower’s rights under the Hedging Agreement to the Administrative Agent pursuant to Section 5.2(b) and (ii) agrees that in the event that S&P or Xxxxx’x reduces its short-term unsecured debt rating below A-1 or P-1, respectively, it shall transfer its rights and obligations under each Hedging Transaction to another entity that meets the requirements of clause (a) and (b) hereof or make other arrangements acceptable to the Administrative Agent and the Rating Agencies. 30