Term Advance A definition

Term Advance A has the meaning specified in Section 2.1 (a).
Sample 1

Examples of Term Advance A in a sentence

  • The Borrower's obligation to pay Term Advance A shall be evidenced by the Term Note and shall be secured by the Collateral.

  • Subject to the terms and conditions of this Agreement, during the Term Advance A Draw Period, upon Borrower’s request, Bank shall make one (1) term loan advance (the “Term Loan A Advance”) available to Borrower in an original principal amount of Three Million Dollars ($3,000.000.00).

  • It is a further condition to Term Advance A that all conditions precedent to Term Advance A have been satisfied on or before April 30, 2004.

  • There is limited capacity within the existing team to carry out proactive patrols - five operational officers cover the District dealing with all aspects of environmental crime and anti-social behaviour.

  • The Lender agrees, subject to the terms and conditions of this Agreement, to make an Advance (the "Term Advance A") to the Borrower on the date that all of the conditions set forth in Sections 4.1 and 4.3 have been satisfied (the "Term Advance A") in an amount not exceeding $3,000,000.

  • Upon fulfillment of the applicable conditions to such Advance, the Lender shall disburse the proceeds of Term Advance A through an escrow established for such purpose with the Title Company unless the Lender and the Borrower shall agree in writing to another manner of disbursement.

Related to Term Advance A

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

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

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

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • 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).

  • Term Loan as defined in Section 2.1.

  • Equipment Advance is defined in Section 2.1.1.

  • Maximum Revolving Advance Amount means $25,000,000.

  • 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.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

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

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • 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.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.