Term Loan Advances means any Term Loan funds advanced under this Agreement.
Examples of Term Loan Advances in a sentence
The aggregate principal amount of the Term Loan Advances, together with all accrued and unpaid interest thereon, and all outstanding fees, costs and expenses incurred in connection herewith, shall be due and payable on the Term Loan Repayment Date.
During the Post-Closing Draw Period, Borrower may request additional Term Loan Advances in an aggregate amount of up to Three Million Dollars ($3,000,000) in minimum increments of One Million Dollars ($1,000,000) each.
Lender will initiate debit entries to the Borrowers account as authorized on the ACH Authorization on each payment date of all periodic obligations payable to Lender under the Term Loan Advances.