Examples of Special Advance Amount in a sentence
The Special Advance Amount shall be automatically and permanently reduced, without notice, in an amount equal to such prepayment.
At such time as the Special Advance Amount shall be permanently reduced to $0 and the Term Loan shall have been paid in full, Excess Cash Flow shall be distributed by Borrower (a) 80% to Xxxxxx Investments, Inc.
Borrower shall pay to Agent for the ratable benefit of the Lenders, a special advance fee of $15,000 payable semi-annually, in advance, commencing on the Closing Date and on each six month anniversary thereof until the Special Advance Amount and the outstanding Special Advances shall have been permanently and irrevocably reduced to $0.
Following Admission, the Company will comply with the Corporate Governance Guidelines for AIM Companies issued by the Quoted Companies Alliance taking into account the size and nature of the Company and its operations.
Subject to the terms and conditions of this Agreement, Lender shall, solely during the Special Advance Period, make Revolving Advances constituting Special Advances available to Borrower in an amount not to exceed at any time outstanding the Special Advance Amount.