Advance Availability definition

Advance Availability means, for any Advance Date, the lesser of (i) the Commitment Amount minus the Aggregate Outstanding Note Balance and (ii) the Borrowing Base minus the Aggregate Outstanding Note Balance, in each case measured as of the Business Day before the Issuer’s delivery of an Advance Request (giving pro forma effect to the Advance requested and any Loans to be acquired on the proposed Advance Date). Following the occurrence of the Investment Period Termination Date, the Advance Availability shall be zero.
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Advance Availability means any Availability purchased for any parcel of land within a Service Area, in advance of the Authority's extension of services into the Service Area.
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Advance Availability means the difference between (i) the Maximum Advance Amount and (ii) Advances outstanding.
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Examples of Advance Availability in a sentence

  • Subject to the terms and conditions of this Agreement, the Borrower may borrow CAF Advances from time to time on any Business Day during the CAF Advance Availability Period.

  • Subject to the terms and conditions of this Agreement, the Borrowers or any one or more of them may borrow CAF Advances from time to time during the CAF Advance Availability Period on any Business Day.

  • Subject to the terms and conditions of this Agreement, the U.S. Borrower may borrow CAF Advances in U.S. Dollars from time to time on any Business Day during the CAF Advance Availability Period.

  • Subject to the terms and conditions of this Agreement, the Borrower may borrow CAF Advances from time to time under the Total Revolving Commitment on any Banking Day during the CAF Advance Availability Period.

  • The Borrower shall have delivered to the Bank evidence in form and substance acceptable to Bank that aggregate Cash Secured Advance Availability and Regular Advance Availability as of the Closing Date is at least $4,000,000.

  • Until the termination of this Agreement pursuant to Article XI and subject to the other terms and conditions of this Agreement, Bank will make loans (each a “Cash Secured Advance”, collectively, the “Cash Secured Advances”) to Borrower, which Cash Secured Advances Borrower may reborrow on or at any time after the repayment thereof, in an aggregate amount which may not as of any time exceed an amount equal to the Cash Secured Advance Availability then in effect.

  • Respondent submitted the annual financial statement on May 31, 2022.

  • The Contractor will prune, mulch and carry out annual planting as indicated in the site list.

  • Until the termination of this Agreement pursuant to Article XI and subject to the other terms and conditions of this Agreement, Bank will make loans (each a “Regular Advance”, collectively, the “Regular Advances”) to Borrower, which Regular Advances Borrower may reborrow on or at any time after the repayment thereof, in an aggregate amount which may not as of any time exceed an amount equal to the Regular Advance Availability then in effect.

  • The Parking Lot Easement is subject to all existing rights of others in the Petruzziello Parcel, provided that in each case such existing rights do not materially and adversely interfere with the Party’s use of its respective easement.


More Definitions of Advance Availability

Advance Availability means an amount equal to 250% of EBITDA for the twelve-month period ended on the date of determination, determined as at the last day of the most recent fiscal quarter end of Borrower.
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Advance Availability means, at any particular time, the amount by which (i) the Aggregate Commitment at such time exceeds (ii) the Total Outstandings.
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Related to Advance Availability

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.