Prior Advances definition

Prior Advances has the meaning ascribed to it in the Recitals.
Sample 1Sample 2
Prior Advances means, as of the date of determination, the aggregate principal amount, if any, then outstanding of any "Advances" (as defined in the 1995 Agreement) made to Operations and outstanding under the Operations Note.
Sample 1
Prior Advances means, as of any date, all unreimbursed Advances and all accrued but unpaid interest thereon at the Advance Interest Rate. Proceeds has the meaning stated in the Mortgage.
Sample 1

Examples of Prior Advances in a sentence

  • Mayor Pro Tem Jones moved and Councilmember Garcia seconded to adopt Resolution No. 11-04 amending and restating the loan between the City of La Mirada and the La Mirada Redevelopment Agency for the La Mirada Redevelopment Agency Merged Project Area and authorize the City Manager to execute the Amended and Restated Reimbursement Agreement for the Repayment of Prior Advances between the City of La Mirada and the La Mirada Redevelopment Agency.

  • The District agrees to make payment to FR Aurora for all Prior Advances due to DVI, advances for construction related expenses and/or Verified Costs, together with interest thereon.

  • Vice Chairman Jones moved and Agency Member Malkin seconded to adopt Resolution No. R-547 authorizing a $2,750,000 budget amendment to fund the additional principal payment on the Amended and Restated Reimbursement Agreement for the Repayment of Prior Advances between the La Mirada Redevelopment Agency and the City of La Mirada.

  • Vice Chairman Jones moved and Agency Member Malkin seconded to adopt Resolution No. R-545 amending and restating the loan between the City of La Mirada and the La Mirada Redevelopment Agency for the La Mirada Redevelopment Agency Merged Project Area and authorize the Chairman to execute the Amended and Restated Reimbursement Agreement for the Repayment of Prior Advances between the City of La Mirada and the La Mirada Redevelopment Agency.

  • We concentrate our attention on two of these, the Mediterranean enlarge- ment of 1981 and 1986, and the Eastern enlargement of 2004.

  • The Company hereby acknowledges and agrees that the Purchaser made the Prior Advances to the Company prior to the date hereof, and that the amount of such Prior Advances is included in the principal amount hereof and shall accrue interest and be subject to prepayment and conversion in the same manner as the rest of the principal amount and accrued interest under this Debenture.

  • Subject to the satisfaction of the terms and conditions herein set forth and in reliance upon the respective representations and warranties of the Credit Parties set forth herein and in the other Operative Documents, at the Closing the Company shall sell to the Purchaser the Debenture, for an aggregate amount of up to $114,734,209.00, which amount is inclusive of the aggregate amount of all Prior Advances (the “Maximum Principal Amount”).


More Definitions of Prior Advances

Prior Advances means the collective reference to the sum of approximately $723,000, representing (a) a loan of $325,000 made by the Lender to the Borrower and evidenced by the Prior Note, (b) the $18,000 loan from Global Asset Fund Ltd. (“GAF”) originally evidenced by the GAF Note which was purchased by the Lender from GAF; and (c) approximately $380,000 of other loans and Advances made by the Lender to the Borrower prior to the Execution Date of this Agreement.
Sample 1
Prior Advances means, as of the Effective Date, the aggregate sum of $1,311,000, which each party hereto acknowledges has been previously paid to ANI by NVC.
Sample 1
Prior Advances means the collective reference to the sum of approximately $1,083,000, representing (a) a loan of $325,000 made by IPG to the Borrower and evidenced by the Prior Note, (b) the $18,500 loan from Global Asset Fund Ltd. (“GAF”) originally evidenced by the GAF Note which was purchased by the Lenders from GAF; (c) approximately $380,000 of other loans and Advances made by the Lenders to the Borrower prior to the Execution Date of this Agreement, (d) $300,000 advanced by IPG to the Borrower to enable the Borrower to obtain website design and related services from The Groop Inc., (e) $25,000 paid by the Lenders to defray legal fees owed to Lender’s counsel in connection with legal services provided in respect of prior loan documents, and (f) approximately $34,500 of accrued and unpaid interest (at the rate of 9% per annum) on the loans and advances referred to in clauses (a) through (e) above.
Sample 1

Related to Prior Advances

  • Revolving Advances means Advances made other than Letters of Credit.

  • 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.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

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

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • LIBO Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • 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.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Advance has the meaning given in Section 2.1.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • 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:

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

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Term Loan as defined in Section 2.1.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

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

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

  • Advances shall have the meaning set forth in the Lead Securitization Servicing Agreement.