CONDITIONS FOR ADVANCES definition

CONDITIONS FOR ADVANCES. If no Event of Default has occurred under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: UPON AUTHORIZATION OF LENDER.
Sample 1Sample 2Sample 3
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies or make draws under this Note (subject to the limitations described above) under the following conditions: -------------------------------------------------------------------------------- BORROWER ACKNOWLEDGES THAT BORROWER HAS READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS OF THIS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. NOTE DATE: NOVEMBER 25, 1996 BORROWER: NORTECH SYSTEMS INCORPORATED BORROWER: /s/ Xxxxx X. Xxxxxxx -------------------------------------- ------------------------------------- XXXXX X. XXXXXXX VICE PRESIDENT BORROWER: BORROWER: -------------------------------------- ------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- BORROWER: BORROWER: -------------------------------------- ------------------------------------- TERMS AND CONDITIONS
Sample 1
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies or make draws under this Note (subject to the limitations described above) under the conditions described herein and in the Loan Agreement.
Sample 1Sample 2

Examples of CONDITIONS FOR ADVANCES in a sentence

  • CONDITIONS FOR ADVANCES: If there is no default under this Note, Borrower shall be entitled to borrow under this Note under the following conditions: Funds are available upon written or telephonic request on lender approved forms.INTEREST RATE: The RATE shall be computed on the basis of a 365 day year for the actual number of days elapsed, and shall be: FIXEDoa fixed rate of %; VARIABLEýa variable rate based on Wall Street Journal Prime Rate ("Wall Street Prime").

  • CONDITIONS FOR ADVANCES: If there is no default under this Note, Borrower shall be entitled to borrow monies or make draws under this Note (subject to the limitations described above) under the following conditions: THIS NOTE EVIDENCES A DISCRETIONARY LINE OF CREDIT; IT SHALL NOT MEAN THAT THE BANK IS OBLIGATED TO MAKE ANY ADVANCES.


More Definitions of CONDITIONS FOR ADVANCES

CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: IN AGREEING TO THE FOREGOING PROVISIONS, IT IS UNDERSTOOD THAT NO MORE THAN TWO ADVANCES (IN A MINIMUM OF $10,000 EACH) WILL BE MADE IN EACH 30 DAY PERIOD. ADVANCES AND DEDUCTS FROM ACCOUNT #239361.
Sample 1
CONDITIONS FOR ADVANCES. If no Event of Default has occurred under This Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: 1. PER SUBMISSION OF AIA DOCUMENT #G702 (AMERICAN INSTITUTE OF ARCHITECTS FORM) WITH ATTACHED INVOICES; 2. SITE INSPECITON TO BE PERFORMED BY A REPRESENTATIVE FOR PEACHTREE NATIONAL BANK WITH AN INSPECTION FEE OF $50.00 PER EACH SITE INSPECTION TP BE PAID OUT OF DRAW DUE.
Sample 1
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: -------------------------------------------------------------------------------- BORROWER ACKNOWLEDGES THAT BORROWER HAS READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS OF THIS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. NOTE DATE: APRIL 26, 1996 BORROWER: CORAL SYSTEMS, INC. BORROWER: CORAL SYSTEMS, INC. /s/ ERIC XXXXXXX /s/ HOWAXX XXXXXXXXXX ------------------------------------ ---------------------------------------- ERIC XXXXXXX HOWAXX XXXXXXXXXX TERMS AND CONDITIONS
Sample 1
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: PER SECTION 4 OF THE "COMMERCIAL CONSTRUCTION LOAN AGREEMENT" DATED THIS SAME DATE. BORRXXXX XXXNOWLEDGES THAT BORRXXXX XXX READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS OF THIS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. NOTE DATE: SEPTEMBER 27, 1999 BORROWER: NINE LINE, INC., BORROWER: a Colorado corporation /s/ Charxxx Xxxxxx ----------------------------------------------- ------------------------------------------------ CHARXXX XXXXXX XXXIOR VICE PRESIDENT BORROWER: BORROWER: ----------------------------------------------- ------------------------------------------------ BORROWER: BORROWER: ----------------------------------------------- ------------------------------------------------ BORROWER: BORROWER: ----------------------------------------------- ------------------------------------------------ ---------------------------------------------- BORROWER NINE LINE, INC., A COLORADO CORPORATION FIRSTIER BANK EXTENSION AND AMENDMENT TO 9191 XXXXXXXX XXXX. PROMISSORY NOTE WESTMINSTER, COLORADO 80031 ADDRESS (303) 000-0000 "LENDER" 3883 XXXXXX XXXX, SUITE 1 SAN DIEGO, CA 92123 TELEPHONE NO. IDENTIFICATION NO. (303) 000-0000 ---------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- NOTE INTEREST RATE PRINCIPAL FUNDING MATURITY CUSTOMER LOAN INFORMATION AMOUNT DATE DATE NUMBER NUMBER ---------------------------------------------------------------------------------------------------------------------- Variable $1,300,000.00 09/27/99 06/27/00 05-174961 ---------------------------------------------------------------------------------------------------------------------- AMENDMENT TO LOAN TO CONVERT CONSTRUCTION LOAN TO A MINI-PERM ---------------------------------------------------------------------------------------------------------------------- EXTENSION AND AMENDMENT TO NOTE Effective June 09, 2000, Borrxxxx xxx Lendxx xxxee that the Note, identified above, (the "Note") shall be amended as follows: [X] EXTENSION: The Maturity Date of the Note is extended to June 9, 2006.
Sample 1
CONDITIONS FOR ADVANCES means: (i) no Event of Default is then occurring; (ii) Availability exists under the requested Loan; and (iii) Administrative Agent shall have received such due diligence documents, certificates, or information, as it shall reasonably request with respect to requested Loan.
Sample 1
CONDITIONS FOR ADVANCES. If there is no dexxxxx under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitation described above) under the following conditions:
Sample 1

Related to CONDITIONS FOR ADVANCES

  • Conditions of Contract means those statements contained in or delivered with your Ticket/s or Itinerary/Receipt, identified as such and which incorporate by reference, these Conditions of Carriage and notices.

  • Request for Advance means a Request for Revolving Credit Advance or a Request for Swing Line Advance, as the context may indicate or otherwise require.

  • or "Advances means a cash advance or cash advances under the Revolving Facility.

  • General Conditions of Contract means the ‘Instructions to Tenderers’ and ‘General Conditions of Contract’ pertaining to the work for which above tenders have been called for.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

  • Conditions of Sale means the Conditions of Sale set out in Part 3 of this TenderDocument;

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

  • Conditions of Use means Conditions 1 to 10 and the Schedules and Appendices of this document.

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

  • Conditions of Approval means condition(s) imposed by the Municipality in the approval of a land development application, including any conditions contained in the annexure(s) and/or plans and/or attachment(s) that form part of the approval and/or are referred to in the approval of the land development application;

  • Terms & Conditions means the Special Conditions of Contract and General Conditions of Contract herein mentioned and other stipulations incorporated in any part of Tender Document and /or Agreement.

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Disbursement Request means a disbursement request from the Borrower to the Administrative Agent and the Collateral Agent in the form attached hereto as Exhibit C in connection with a disbursement request from the Unfunded Exposure Account in accordance with Section 2.04(d) or a disbursement request from the Principal Collection Subaccount in accordance with Section 2.18, as applicable.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.