Common use of Advance Procedure Clause in Contracts

Advance Procedure. Prior to the Commitment Termination Date, the Borrower may from time to time request that an Advance be made. Each Advance following the Initial Advance shall be in an amount that is equal to the lesser of (a) the amount of the Commitment Amount not outstanding, or (b) the allowable Project Equity Advance for the applicable Project. The request shall be made by delivering a Application for Advance to the Lender not less than fifteen (15) calendar days prior to the date upon which such Advance is to be made and, if all such conditions precedent to such Advance have been satisfied, the Lender shall make such Advance directly to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Application for Advance.

Advance Procedure. Prior to the Commitment Termination Date, the Borrower may from time to time request that an Advance be made. Each Advance following the Initial Advance shall be in an amount that which is equal to the lesser of (a) the unused amount of the Commitment Amount not outstandingCommitment, or (b) the allowable Project Equity Advance for the applicable Project. The request shall be made by delivering a Application for Advance to the Lender not less than fifteen three (153) calendar days Business Days prior to the date upon which such Advance is to be made and, if all such conditions precedent to such Advance have been satisfied, the Lender shall make such Advance directly to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Application for Advance.

Advance Procedure. Prior to the Commitment Termination Date, the Borrower may from time to time request that an Advance be made. Each Advance following the Initial Advance shall be in an amount that is equal to the lesser of (a) the unused amount of the Commitment Amount not outstandingAmount, or (b) the allowable Project Equity Advance for the applicable ProjectProject or Option Exercise (which amount shall not exceed the Advance Limit for such Project or Option Exercise). The request shall be made by delivering a an Application for Advance to the Lender not less than fifteen three (153) calendar days Business Days prior to the date upon which such Advance is to be made and, if all such conditions precedent to such Advance have been satisfied, the Lender shall make such Advance directly to the Borrower by wire transfer to the accounts account the Borrower shall have specified specifies in its Application for Advance.

Advance Procedure. Prior to the Commitment Termination Date, the Borrower may from time to time request that an Advance be made. Each Advance following the Initial Advance shall be in an amount that which is equal to the lesser of (a) the amount of the Commitment Amount not outstanding, or (b) the allowable Project Equity Advance for the applicable Project. The request shall be made by delivering a Application for Advance to the Lender not less than fifteen three (153) calendar days Business Days prior to the date upon which such Advance is to be made and, if all such conditions precedent to such Advance have been satisfied, the Lender shall make such Advance directly to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Application for Advance.