Second Advance definition

Second Advance has the meaning given to it in Section 2.1(a).

Second Advance. (a) in relation to the Andros Ship and the Andros Tranche, means the Andros Second Advance;

Second Advance means the second Advance to be made by the Lenders severally to the Borrower in the principal amount of US$5,000,000 (the "Second Advance Commitment") in accordance with this Agreement, as such amount may be amended from time to time in accordance herewith;

Examples of Second Advance in a sentence

• The obligation of the Bank to make available the Second Advance in respect of any Ship shall be subject to the condition that the Bank or its duly authorised representative shall have received, on or prior to the drawdown of the relevant Second Advance, the relevant documents and evidence specified in Part 3 of schedule 2 in respect of such Ship, in form and substance satisfactory to the Bank.

• The Security Interest shall also serve as collateral for the Second Advance in accordance with the terms hereof.

• As per the Second Advance Estimate of National Income, 2016-17 released by Ministry of Statistics & Programme Implementation on February27th 2017, Annual GDP at constant (2011-12) pricesis expected to grow at the rate of 7.1% for financial 2016-17.

• The Second Advance Consent Notice was rescinded as of June 14, 2002, with the publication of the interim final rule, which instituted ‘‘expedited processing’’ in lieu of advance consent for certain alien pilots.

• Foodgrain Production As per Second Advance Estimates for 2020-21, total Foodgrain production in the country is estimated at record 303.34 million tonnes which is higher by 5.84 million tonnes than the production of foodgrain of 297.50 million tonnes achieved during 2019-20.

More Definitions of Second Advance

Second Advance means the term loan from Lender to Borrower in the principal amount of Two Million Dollars ($2,000,000) to be made, subject to the terms and conditions hereof, on the Second Advance Date.

Second Advance is defined in Section 2.2(a).

Second Advance means the $5,000,000 Advance referenced as Section 2.1(b);

Second Advance means the advance of funds, in an aggregate principal amount of $395,000, after the Closing Date upon the fulfillment of the conditions set forth in SECTION 4.2, pursuant to and in fulfillment of the Lender's obligation to lend funds to the Borrower pursuant to SECTION 2.1.

Second Advance. (a) in relation to the Santon Ship and the Santon Tranche, means the Santon Second Advance; or

Second Advance means the second Advance under the Note, which shall be made in accordance with, and subject to the conditions of, Section 2.2 and Section 4.2.

Second Advance bears the meaning ascribed thereto in clause 5.3.3;