Cost Advance definition

Cost Advance means an advance of moneys to the Indemnified Party of Costs before the final disposition of any Proceeding.
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Cost Advance shall have the meaning set forth in Section 5.2(a).
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Cost Advance means, for each Qualified Property (i) during the Tier 1 Period, seventy percent (70%) of the Acquisition Costs of such Qualified Property as reasonably determined by Administrative Agent, (ii) during the Tier 2 Period, sixty-five percent (65%) of the Acquisition Costs of such Qualified Property as reasonably determined by Administrative Agent, and (iii) during the Tier 3 Period, sixty percent (60%) of the Acquisition Costs of such Qualified Property as reasonably determined by Administrative Agent.
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Examples of Cost Advance in a sentence

  • The obligation of the Banks to make available the Additional Cost 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 Additional Cost Advance for such Ship, the documents and evidence specified in Part 5 of schedule 3 in respect of such Ship, in form and substance satisfactory to the Agent.

  • For clarity, the Research Initiation Fee is nonrefundable and separate from any Development Costs (including Pre-Effective Date Development Costs) or Cost Advance paid or owing with respect to a particular Research Program.

  • The Facility Lessee Project Cost Advance, the repayment of the Facility Lessee Reverse Loan and the proceeds of any advance by Borrower on the Facility Lessee Loan shall be deposited into the Facility Lessee Construction Account pursuant to the provisions of the Collateral Account Pledge Agreement.

  • Spyre will pay the Cost Advance within [***] days after receipt of Paragon’s invoice for such Development Costs.

  • Very truly yours, XXXXXX INCORPORATED, as Borrower Representative By: Name: Title: SCHEDULE 1 TO CAPEX DRAW REQUEST Loans on CapEx Invoices Hard Cost* Advance Rate Permitted Loan Less Prior Loans for Deposits on Same CapEx CapEx Loan Requested Cumulative CapEx Loans** 0 80% 0 0 0 0 0 80% 0 0 0 0 0 80% 0 0 0 0 0 80% 0 0 0 0 0 80% 0 0 0 0 0 80% 0 0 0 0 0 80% 0 0 0 0 0 80% 0 0 0 0 *See attached supporting documentation.

  • The obligation of the Bank to make available the Additional Cost Advance in respect of a Ship shall be subject to the condition that the Bank or its duly authorised representative shall have received, on or prior to the drawdown of the Additional Cost Advance for such Ship, the documents and evidence specified in Part 7 of schedule 2 in respect of such Ship, in form and substance satisfactory to the Bank.

  • As used herein, “Borrowing Base Value” means, with respect to each Qualified Property comprising Eligible Collateral, the lesser of (i) the Value Advance, or (ii) the Cost Advance; provided, however, in no event shall the Borrowing Base Value allocated to any one (1) Qualified Property comprising Eligible Collateral exceed twenty percent (20%) of the greater of (a) the Borrowing Base, or (b) the Aggregate Commitment.

  • In the event that this Agreement is terminated for any reason prior to the reimbursement to RELIANT of the Start-Up Cost Advance in full, then ETHYPHARM shall pay to RELIANT any such unreimbursed amount upon such termination.

  • If the Servicer fails to fulfill its obligation to make a Carrying Cost Advance, which failure shall constitute an immediate Servicer Default, the Trustee, as successor Servicer, shall make the Carrying Cost Advance; provided that the Trustee shall be required to make a Carrying Cost Advance only to the extent that the Trustee has determined that such Carrying Cost Advance, together with interest thereon at the Advance Interest Rate, would not constitute a Nonrecoverable Advance if made.

  • The obligation of the Banks to make available the Additional Cost Advance in respect of any Borrower 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 Additional Cost Advance for such Borrower Ship, the documents and evidence specified in Part 5 of schedule 4 in respect of such Borrower Ship, in form and substance satisfactory to the Agent.


More Definitions of Cost Advance

Cost Advance has the meaning set out in the Purchase Agreement;
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Cost Advance shall have the meaning set forth in Section 5.2(a). [***] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.
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Cost Advance means a sum equal to Fifty Thousand Dollars ($50,000).
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Related to Cost Advance

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

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

  • 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.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

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

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

  • Revolving Advance has the meaning given in Section 2.1.

  • Equipment Advance is defined in Section 2.1.1.

  • 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.

  • 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).

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

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

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

  • 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.

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

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

  • Property Advance means an advance made in respect of property protection expenses or expenses incurred to protect, preserve and enforce the security for the Mortgage Loan or to pay taxes and assessments or insurance premiums with respect to the Mortgaged Property.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • 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.

  • 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.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Nonrecoverable Monthly Advance Any Monthly Advance previously made or proposed to be made in respect of a Mortgage Loan or REO Property that, in the good faith business judgment of the Seller, will not, or, in the case of a proposed Monthly Advance, would not be, ultimately recoverable from related late payments, Insurance Proceeds or Liquidation Proceeds on such Mortgage Loan or REO Property as provided herein.

  • Nonrecoverable Advance Any portion of an Advance previously made or proposed to be made by the Master Servicer that, in the good faith judgment of the Master Servicer, will not be ultimately recoverable by the Master Servicer from the related Mortgagor, related Liquidation Proceeds or otherwise.

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