Advance Limitations. Regardless of the number of Advance Shares requested by the Company in the Advance Notice, the final number of Shares to be issued and sold pursuant to an Advance Notice shall be reduced (if at all) in accordance with each of the following limitations:
Advance Limitations. Regardless of the amount of an Advance requested by the Company in the Advance Notice, the final amount of an Advance pursuant to an Advance Notice shall be reduced in accordance with each of the following limitations:
Advance Limitations. In addition to any other Loan conditions, requests for, and access to, advances are subject to the following limitations.
Advance Limitations. Regardless of the Advance amount requested by the Company in the Advance Notice and the adjustments contemplated by Section 2.01(c), the Adjusted Advance Amount shall be reduced in accordance with each of the following limitations:
Advance Limitations. The Request for an Advance shall be irrevocable, made in the time frame as specified in Section 2.4 hereof, and shall be for the amount of the Loan specified in Section 2.1 hereof.
Advance Limitations. The advances made by Lessor to purchase property under the Facilities (collectively, the "Acquisition Advances") and the Improvement/Expense Advances made by Lessor under Facility 2 (the Acquisition Advances and the Improvement/Expense Advances to be referred to collectively as the "Advances") shall be subject to the following limitations:
(i) The aggregate amount of all Acquisition Advances made by Lessor under Facility 1 on account of all Facility 1 Property shall not exceed the sum of all Facility 1 Expiration Date Appraisals for such property;
(ii) The aggregate amount of all Advances made by Lessor under Facility 2 on account of all Facility 2 Property shall not exceed the sum of all Facility 2 Expiration Date Appraisals for such property;
(iii) The aggregate amount of all Acquisition Advances made by Lessor under Facility 1 on account of the Tract 2 Property, the Tract 3 Property and the Tract 4 Property acquired by Lessor under Facility 1 shall not exceed $20,500,000;
(iv) The aggregate amount of all Advances made by Lessor under Facility 2 on account of the Tract 1 Property and the Facility 2 Property located on the Tract 2 Land, the Tract 3 Land and the Tract 4 Land acquired by Lessor under Facility 2 shall not exceed $77,500,000;
(v) The aggregate amount of all Advances made during the period commencing on the date of this Agreement and ending on the date 364 days thereafter (the "364-Day Commitment Termination Date") shall not exceed One Hundred Twenty-Five Million Dollars ($125,000,000) (the "364-Day Commitment"); and
(vi) The aggregate amount of all Advances made during the period commencing on the date of this Agreement and ending on the Commitment Termination Date (such period to be referred to as the "Commitment Period") shall not exceed One Hundred Twenty-Five Million Dollars ($125,000,000) (the "Total Commitment"). Of the Total Commitment, Zero Dollars ($0) (the "Two-Year Commitment") is available at any time during the entire Commitment Period. Each Advance under Facility 2 shall consist of a Tranche A Portion and a Tranche B Portion.
Advance Limitations. The aggregate principal amount outstanding under this Agreement at any one time shall not exceed $10,000,000. The initial draw on the Note shall be made on the date of issuance of the Note in the -amount of $ and shall be applied to pay Costs of the Project. Subsequent Advances hereunder shall be not less than at least $100,000 and integral multiples of One Dollar ($1) in excess thereof.
Advance Limitations. Advances priced under the Libor Option must be a minimum of $500,000.00 each and increasing in increments of $100,000.00 above $500,000.00. LENDER'S RIGHTS. An exhibit, titled "LENDER'S RIGHTS," is attached to this Note and by this reference is made a part of this Note just as if all the provisions, terms and conditions of the Exhibit had been fully set forth in this Note.
Advance Limitations. Section 4.1(h) of the Loan Agreement is hereby deleted in its entirety and the following inserted in lieu thereof:
Advance Limitations. In addition to any other terms and conditions, requests for, and access to, advances are subject to the following limitations: