Initial Advance Rate means, with respect to each Purchased Asset, a rate as specified therefor on Exhibit XV hereto.
Initial Advance Rate means 42.5%.
Initial Advance Rate means a percentage equal to (i) the aggregate Initial Outstanding Note Balances of the Notes divided by (ii) the Aggregate Closing Date Collateral Balance.
Examples of Initial Advance Rate in a sentence
During the quarter ended December 31, 2017, the Company finalized an equipment loan in the amount of $40,000 repayable in monthly installments over five years at a fixed interest rate of 3.80%.
More Definitions of Initial Advance Rate
Initial Advance Rate means 96.0%.
Initial Advance Rate means 95.0%.
Initial Advance Rate means 99.5%.
Initial Advance Rate means 87.5%.
Initial Advance Rate is a rate per annum equal to greater of (i) the Prime Rate plus one and one-half percentage points (1.5%) and (ii) five percentage points (5%).
Initial Advance Rate means, on any day, 88%.
Initial Advance Rate means, on any day, [*].