Loan Advance Amount definition

Loan Advance Amount shall have the meaning set forth in Section 16.3.
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Loan Advance Amount shall have the meaning set forth in Section 16.3. Loan Documents: this Credit Agreement, the Notes, the Security Documents and other documents required to grant to Agent, for the benefit of the Syndication Parties, a perfected security interest in the Collateral.
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Examples of Loan Advance Amount in a sentence

  • The Swingline Loan Advance shall bear interest at the Swingline Loan Interest Rate and shall not exceed in the aggregate at any time outstanding the Maximum Swingline Loan Advance Amount.

  • At the same time, they may also want to be updated on the information (e.g. goal, penalty, and red card etc.) of other simultaneous matches.

  • On the Business Day on which Agent approves an Advance Request for funding, Agent shall provide each Syndication Party with a notice in substantially the form attached hereto as Exhibit 16.3 ("Notice of Loan Advance"), indicating, among other things, the amount ("Loan Advance Amount") and Advance Date of the requested Advance and the amount of the Syndication Party's Advance Payment.

  • In the event no Syndication Party elects to pay the Delinquent Amount with respect to any Loan Advance Amount but Borrower elects to receive such Loan Advance Amount (less the Delinquent Amount), the proportionate share of Payment Distributions to which the Delinquent Syndication Party is entitled and its proportionate voting rights shall be adjusted to reflect its failure to pay the Delinquent Amount.

  • Subject to the terms and conditions of this Agreement, during the Draw Period, upon Borrower’s request, Bank shall make advances (each advance plus the Term Loan PIK Amount, a “Term B Loan Advance” and collectively, the “Term B Loan Advances”) to Borrower in an aggregate original principal amount not to exceed Forty Million Dollars ($40,000,000.00) minus the Term A Loan Advance Amount.

  • Russell may repay the Loan at any time without penalty by paying the Loan Advance Amount together with accumulated interest and prorated Bonus.The Loan is guaranteed by Russell Brewing Company Ltd.

  • A-2-2 ADVANCES AND PAYMENTS OF PRINCIPAL Date Amount of Term Loan Advance Amount of Principal Paid or Prepaid Unpaid Principal Balance Notation Made By Exh.

  • If at any time the outstanding principal balance under the Inventory Note of a Borrower exceeds the Inventory Loan Advance Amount of such Borrower, then the Borrowers jointly and severally agree to forthwith prepay the amount of such excess for application towards reduction of the outstanding principal balance of such Inventory Note.

  • Advance Amount shall mean $4,375,000; provided that, upon the effective date of each increase in the Maximum US-Canada Revolving Advance Amount in accordance with Section 2.23, the Maximum US-Canada Swing Loan Advance Amount shall increase by an amount equal to ten percent (10%) of the amount of such increase in the Maximum US-Canada Revolving Advance Amount.

  • Borrower shall pay to Bank a fee (the “Unused Commitment Fee”), payable quarterly, in arrears, on a calendar year basis, on the first (1st) calendar day of each calendar quarter, in an amount equal to one-half of one percent (0.50%) per annum of the average unused portion of the 2013 Term Loan Advance Amount, as determined by Bank.

Related to Loan Advance Amount

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • 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).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

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

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

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

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

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

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

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • 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.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

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

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

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

  • Equipment Advance is defined in Section 2.1.1.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Maximum Advance Rate means 80.0%.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.