Advance Rate Sample Clauses

Advance Rate. The Advance Rate may be increased or decreased by agreement of the Borrowers and the Lender.
AutoNDA by SimpleDocs
Advance Rate. 5 Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Advance Rate. 9 Affiliate......................................................................................................... 3
Advance Rate up to 85% of the gross face amount of each Eligible Account purchased under this Agreement that was funded to Seller in advance of its due date. Purchaser may adjust the Advance Rate upward or downward at any time, in its sole discretion.
Advance Rate. The percentage of the total value of Eligible Investment Grade Accounts, Eligible non-Investment Grade Accounts, Eligible Inventory, or Other Collateral that Bank will lend to Borrower, as set forth in Section DD.02.
AutoNDA by SimpleDocs
Advance Rate. The Bank will not make any extension of credit if, as a result, the Outstanding Balance would exceed the Borrowing Base.
Advance Rate. The “Advance Rate” means
Advance Rate. The advance shall be in an amount not exceeding: (i) if the Debt Service Coverage Ratio is less than 1.20:1.00, 80% of the invoiced amount for equipment to be purchased from the proceeds of such advance or (ii) if the Debt Service Coverage Ratio is greater than 1.20:1.00, 100% of such amount.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!