Initial Advance definition
Initial Advance means the first Advance made pursuant to Article II.
Initial Advance has the meaning specified in Section 2.01(a).
Initial Advance means the first advance of proceeds of the Loans.
Examples of Initial Advance in a sentence
On the Closing Date, Lender shall make an initial advance of a portion of the Loan Amount in the amount of the Initial Advance.
Subject to the terms of this Agreement, the Buyers shall make available to GTEC one advance in an aggregate amount not exceeding the Maximum Initial Advance Amount during the Initial Availability Period (the ‘Initial Advance’).
More Definitions of Initial Advance
Initial Advance. The first Advance.
Initial Advance means, in respect of any Loan, the original principal amount advanced by the Seller to the relevant Borrower;
Initial Advance shall have the meaning set forth in Section 2.10 hereof.
Initial Advance means the first advance of proceeds of the Loans and/or issuance of Letters of Credit.
Initial Advance means the first Advance made hereunder.
Initial Advance. The first advance of Loan proceeds to be made hereunder.
Initial Advance means the first Advance made under each of the Facilities.