Initial Advance definition

Initial Advance means the first Advance made pursuant to Article II.
Initial Advance has the meaning specified in Section 2.1(a).
Initial Advance means the first advance of proceeds of the Loans.

Examples of Initial Advance in a sentence

  • Each of the Initial Advance, the Second Advance and the Third Advance are incorporated into the Principal amount borrowed by the Borrower from the Lender.


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 made hereunder.
Initial Advance. The first Advance of the Loan proceeds.
Initial Advance means the first Advance made under each of the Facilities.