Top-up Advance definition

Top-up Advance. (a) in relation to the Kithnos Ship and the Kithnos Tranche, means the Kithnos Top-up Advance;
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Top-up Advance has the meaning given to it in Clause 3.4 (Top-Up Advances).
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Top-up Advance means any Top-Up Tranche 1 Advance, Top-Up Tranche 2 Advance, Top-Up Tranche 3 Advance or Top-Up Tranche 4 Advance.
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Examples of Top-up Advance in a sentence

  • The obligation of the Banks to make available the Top-up Advance in respect of any Ship shall be subject to the condition that the Agent or its duly authorised representative shall have received, on or prior to the drawdown of the Top-up Advance for such Ship, the documents and evidence specified in Part 6 of schedule 3 in respect of such Ship, in form and substance satisfactory to the Agent.

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More Definitions of Top-up Advance

Top-up Advance means any Top-Up Tranche 1 Advance.
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Related to Top-up Advance

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

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

  • 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).

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

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

  • Revolving Advance has the meaning given in Section 2.1.

  • Eligible advance means an advance made before August 19, 1993.

  • Simple Interest Advance means, with respect to a Simple Interest Receivable, the amount, as of the last day of a Collection Period, which is advanced with respect to such Simple Interest Receivable by the Servicer pursuant to Section 4.4(a) of the Sale and Servicing Agreement.

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

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Revolving Credit Lender pursuant to Section 2.02(b).

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

  • 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.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • 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.

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

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Equipment Advance is defined in Section 2.1.1.

  • 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.

  • 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.

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

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Unpaid Advance has the meaning assigned to such term in Section 2.05.

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).