Examples of Original Advance in a sentence
No advance requested by Pledgor shall be made to Pledgor if the sum of (i) the outstanding principal balance of the Obligation plus (ii) the amount of the advance requested, equals or exceeds the sum of the amounts determined by multiplying the Collateral Value by the Original Advance Percentage for each type of Collateral securing the Obligation.
The Bank shall have no obligation to make a Loan if the sum of the aggregate principal amount of the outstanding Loans plus the principal amount of such requested Loan would exceed the amount equal to the Original Advance Percentage of the Collateral Value.
If you have repaid the Original Advance, for purposes of certainty, you acknowledge and agree that the CEBA Term Loan Agreement has not been terminated, remains in full force and effect and subject to this Amending Agreement.
If the recalculated MACC using actual costs and revenues exceeds the original estimated MACC, the Company may refund to the Depositor the difference between the Original Advance and the Advance r e q u i r ed , if any, resulting from the recalculation of the MACC.
At any time after the Original Advance Date until this Note is no longer outstanding, the then outstanding principal amount of this Note and accrued and unpaid interest amount of this Note shall be convertible into shares of Common Stock at the option of the Holder, in whole or in part at any time and from time to time.
If you would like to be considered or would like to nominate someone could you send for applications forms to The Accreditation Secretary C/- Department of Mathematics and Statistics University of OtagoP O Box 56 DUNEDIN.To help you understand better what each of the categories of membership are, I have added a copy of Article IV of the Constitution.
On the sooner of (i) the Filing Date (as defined in the Initial Note) under the Initial Note or (ii) ninety (90) days from the Original Advance Date (the “Filing Date”), the Issuer shall prepare and file with the Securities and Exchange Commission (the “Commission”) a “resale” Registration Statement providing for the resale of all Registrable Securities by means of an offering to be made on a continuous basis pursuant to Rule 415.
The amount of the Original Advance made on March 22, 2007 (the “Closing Date Advance”) shall be in the minimum amount of Fifteen Million Dollars ($15,000,000).
Xxxxxxx and ADLT entered into a Loan Agreement dated as of October 8, 1998 (the "Original Loan Agreement"), pursuant to which ADLT advanced Xxxxxxx $9,000,000 (the "Original Advance").
As of the Effective Date, the accrued and unpaid interest on the Aggregate Original Advance is Seventy-Six Thousand One Hundred Seventy-Three and 26/100 Dollars ($76,173.26), and the total amount of outstanding principal and interest under the Original Note is One Million Seven Hundred Twenty-Six Thousand One Hundred Seventy-Three and 26/100 Dollars ($1,726,173.26) (the “Original Loan Balance”).