Second Advance Date definition

Second Advance Date means the date on which the Second Advance is made.
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Second Advance Date has the meaning given to it in Section 3.2 hereof.
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Second Advance Date means September 15, 1998, or such later date, if ever, as, to the satisfaction of Buyer (in its sole discretion), (a) Shareholder shall have obtained the consent of Shareholder's wife Xxxxxxxxx Xxxxx to the transactions contemplated by this Agreement, (b) Corporation and LLC have implemented a plan satisfactory to Buyer to bring current the accounting books and records of Corporation and LLC and to implement proper and appropriate accounting procedures, and (c) with Xxxxxxxx Xxxxxx, Esq., counsel to Corporation, Xxxx Xxxxxx, Esq., counsel to Buyer, shall have contacted Xxxx or Xxxx'x counsel with respect to a settlement of all claims arising between Corporation or LLC and Xxxx and Xxxx'x successors and assigns, the terms of which are no less favorable to Corporation and LLC than those set forth in Schedule 2 to this Agreement.
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Examples of Second Advance Date in a sentence

  • Police also noted that the food left on scene was from Taco Bell and included two steak “Quesaritos” and two “Baja Blast” beverages.

  • Paragraph (4) shall not prejudice the prosecution and conviction of any person for any act which, at the time when it was committed, was a criminal offence according to the generally recognised rules of international law.

  • After the Second Advance Date, upon the request of any Lender holding two Notes (evidencing Loans made pursuant to such Lender’s Initial Advance Commitment and Loans made pursuant to such Lender’s Second Advance Commitment), the Borrower will execute a replacement Note in favor of such Lender (in the amount of such Lender’s aggregate Commitment) upon the return of such previously-issued Notes to the Administrative Agent.

  • Interest shall (i) accrue as of the First Advance Date (as defined below), (ii) be calculated on the basis of a 360 day year, and (iii) be payable monthly, in arrears, commencing one (1) calendar month from the Second Advance Date (as defined below) on the first business day of each consecutive calendar month thereafter through and including the Maturity Date, and on the Maturity Date, whether by acceleration or otherwise.

  • Interest on the First Advance shall accrue from the date of this Note to the Second Advance Date.

  • Subject to the terms and conditions contained in this Agreement, Lender will make on the Second Advance Date an advance to Borrowers computed with respect to the value of all Eligible Securities owned by the Mennen Trust on the Second Advance Date (the “Second Advance” and collectively with the Initial Advance each an “Advance” and collectively “Advances”) in the principal amount, if any, set forth in Section 2(a) of Schedule A.

  • Pursuant to the Second Escrow Agreement, on the Second Advance Date, Laurus will deliver to the Company the amount set forth in the Second Disbursement Letter by certified funds or wire transfer (the "Second Advance").

  • Interest on the entire amount evidenced by this Note shall accrue from the Second Advance Date until this Note and all accrued interest are paid in full.

  • Such payments shall be deemed fully earned on the First Advance Date and the Second Advance Date respectively, and shall not be subject to rebate or proration for any reason.

  • The Advances shall bear interest from the Initial Advance Date and separately from the (i) Second Advance Date and (ii) the applicable Working Capital Advance Date at the rate per annum equal to three percent (3%) plus the One Year FHLBB Advance Rate as in effect on the date of such Advance.


More Definitions of Second Advance Date

Second Advance Date has the meaning specified in Section 2.01(b).
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Second Advance Date means the date upon which all conditions precedent in Section 10 hereof and in the Secured Revolving Note have been satisfied by the Company and the Loans pursuant to the Secured Revolving Note have been advanced by Laurus to the Company.
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Second Advance Date means the date occurring on or before November 30, 2005, on which date the Borrower has (by delivery of a Loan Notice) request that the Second Advance be made and on which all the conditions precedent set forth in Section 4.02 have been satisfied or waived in accordance with Section 10.10.
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Second Advance Date means November 2, 2007.
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Related to Second Advance Date

  • Advance Date means the funding date of any Advance.

  • P&I Advance Date The Business Day immediately prior to each Distribution Date.

  • Initial Advance means the first Advance made pursuant to Article II.

  • Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • 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).

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

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • 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.

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

  • Credit allowance date means with respect to any qualified equity investment:

  • 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 Date means the date of the Loan Agreement as set forth in Exhibit A.

  • 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.

  • 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).]

  • Disbursement Date is defined in Section 2.6.2.

  • 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.

  • Equipment Advance is defined in Section 2.1.1.

  • Loan Year means each period of twelve (12) consecutive months commencing on the Closing Date and on each anniversary thereof.

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

  • Second Draw Period is the period commencing on the date of the occurrence of the Term B Draw Event and ending on the earlier of (i) December 31, 2015 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on the date of the occurrence of the Term B Draw Event an Event of Default has occurred and is continuing.

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

  • Draw Date means, with respect to any Distribution Date, the second Business Day immediately preceding such Distribution Date.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.