Advance A definition

Advance A means the advance equal to the lesser of (i) USD17,000,000 and (ii) 50% of the Valuation Amount of Vessel A determined no more than 10 days prior to the Drawdown Date relating thereto or, as the context requires, the amount thereof outstanding from time to time;

Advance A means the principal amount of the borrowing by the Borrowers under this Agreement in respect of Ship A or, as the context may require, the principal amount outstanding of such Advance in respect of that Ship under this Agreement;

Advance A means the borrowing by the Borrower of a part of the Commitment under this Agreement in an amount not exceeding the relevant Maximum Advance Amount or, as the context may require, the principal amount outstanding of that Advance at any relevant time.

Examples of Advance A in a sentence

• Construction Advance (A) = C- (B*N) Where: A = the Construction Advance paid to the Company by the Customer C = the total estimated cost of construction for facilities required along the traveled way to meet the distribution service requirements of the development.

• At least three (3) Business Days prior to the Payment Date for each LIBOR Advance, the Borrower shall give the Administrative Agent telephonic notice followed by written notice specifying whether all or a portion of such LIBOR Advance (A) is to be Continued in whole or in part as one or more LIBOR Advances, (B) is to be Converted in whole or in part to a Base Rate Advance, or (C) is to be repaid.

• Construction Advance (A) = [ C - [ D x M ] ÷ K ] where A= Construction Advance paid to the Company by the Customer.

• Construction Advance (A) = C – (R/k) Where:A = the Construction Advance paid to the Company by the Customer.C = the total estimated cost of construction for facilities required exclusively to meet the distribution service requirement of the Customer.

• Definitions Advance: A payment made before costs are incurred by the grant recipient.Compensation: All cash or non-cash remuneration to an employee in return for services rendered for an employer; salary and wages for which a W-2 is issued.

More Definitions of Advance A

Advance A means, in relation to Ship A, an amount equal to the lesser of (i) $17,000,000 and (ii) 55 per cent. of the Initial Market Value of that Ship, to be made available to the Borrowers in a single amount for the purpose of refinancing part of the acquisition cost of Ship A;

Advance A means an amount equal to the lesser of (i) an amount not exceeding 35 per cent. of the Initial Market Value of the Ship and (ii) $10,000,000, made available to the Borrower pursuant to the terms of this Agreement;

Advance A means an Advance up to a maximum of $136,250,000 comprising the KEXIM Facility Advance A and the Commercial Facility Advance A relative to Ship A.

Advance A means an amount equal to the relevant Maximum Advance Amount in respect of that Advance to be used in or towards financing in part the Contract Price of Ship A or, as the context may require, the principal amount outstanding of that Advance at any relevant time;

Advance A means the amount of USD 15,245,000 to be made available to Aramis to enable Aramis to repay all amounts outstanding under the Aramis Loan Agreement;

Advance A means the amount of US$4,150,000 drawn down in two sub-advances on 5 and on 6 October 2016 to pay the Deposits or, as the context may require, the principal amount outstanding of Advance A at any relevant time;

Advance A means the advance equal to the lesser of (i) USD25,500,000 and (ii) 60% of the Valuation Amount of Vessel A no more than 14 days prior to her acquisition by Tinos, to be applied in or towards the acquisition of Vessel A or, as the context requires, the amount thereof outstanding from time to time;