Santorini Contract Instalment Advance definition

Santorini Contract Instalment Advance means, in relation to the Santorini Ship, each of the four (4) Advances of the Santorini Tranche in the amount of up to $340,000, in the case of the first such Advance, up to $816,000, in the case of each of the second and third such Advances, and up to $1,020,000, in the case of the fourth such Advance, made or, as the context may require, to be made available to the Borrowers to finance and/or, as the case may be, refinance in part the payment of an instalment of the Santorini Contract Price falling due before the Delivery Date for the Santorini Ship, in each case as set out in more detail in schedule 5 and “Santorini Contract Instalment Advances” means any or all of them;
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Related to Santorini Contract Instalment Advance

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

  • Equipment Advance is defined in Section 2.1.1.

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

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

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

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Cash Advance means an advance or payment made in any currency or by travellers’ cheques, notes or other forms representing an amount of any currency by any Merchant, bank or other financial institution and shall include any amount paid by DBS for the credit of the Cardmember’s account(s) with any person which had issued to the Cardmember any credit or charge card(s).

  • 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.

  • Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).

  • 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.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Simple Interest Advance means, with respect to a Simple Interest Receivable, the amount, as of the last day of a Collection Period, which is advanced with respect to such Simple Interest Receivable by the Servicer pursuant to Section 4.4(a) of the Sale and Servicing Agreement.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • 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).

  • Loan Contract means the evidence of indebtedness and all instruments used in the

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the Facility Repayment Date.