New Advances. Purchaser agrees, on the terms and conditions hereinafter set forth, to make advances (the "ADVANCES") to Borrower on such dates and in such amounts as shall be mutually agreed to between Borrower and Purchaser in an aggregate amount, when combined with the amounts outstanding under the Existing Advance, not to exceed at any time outstanding the Total Commitment; PROVIDED, HOWEVER, that Purchaser shall only be required to make any Advance if the conditions set forth in SECTION III have been satisfied or waived by Purchaser. In furtherance of the foregoing, representatives of Purchaser will meet with Borrower and the other Constituent Corporations from time to time to review the financial results of Borrower and the other Constituent Corporations, the need for additional financing and the payment of creditors, and Purchaser and Borrower will mutually agree upon the timing, amounts and uses of the Advances. In addition, Purchaser will provide resources to Borrower and the other Constituent Corporations to assist in the management of Borrower's and the other Constituent Corporations' accounts payable.
New Advances. Each 2001 Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single Advance to the Borrower on the Restatement Effective Date in an aggregate amount not to exceed the amount set forth opposite such 2001 Lender's name on Annex II hereto under the caption "Advances" or, if such 2001 Lender has entered into one or more Assignments and Acceptances, set forth in the Register maintained by the Administrative Agent pursuant to Section 8.07(c).
New Advances. The Borrowers will not make any new requests for advances under the Revolving Credit Facility during the Forbearance Period and will not request or require the issuance of any new Letters of Credit during the Forbearance Period except for renewals of existing Letters of Credit in amounts which separately do not exceed the separate amount of each individual Letter of Credit.
New Advances. Each 2001 Lender severally agrees, on the terms and conditions hereinafter set forth, at any time prior to the Commitment Expiration Date, to make a single Advance to the Borrower, which Advance shall not exceed for any 2001 Lender, in aggregate principal amount, the amount set forth opposite such 2001 Lender's name on Annex II hereto under the caption "Commitments" or, if such 2001 Lender has entered into one or more Assignments and Acceptances, set forth in the Register maintained by the Administrative Agent pursuant to Section 9.07(c) (such amount, as reduced pursuant to Section 2.04(a), being such 2001 Lender's "Commitment").
New Advances. Beginning on August 15, 1999 and for the entire second year, Vendor shall pay to Owner a monthly advance of fifty thousand dollars ($50,000). So long as Vendor desires to renew the Agreement thereafter, it shall continue to pay Owner this fifty thousand dollar ($50,000) per month advance. Except for the one hundred thousand dollar ($100,000) advance described in paragraph 6 below, which will be recouped as described in paragraph 6, any and all other advances paid by Vendor to Owner shall be applied against amounts remitted to Owner ("Remitted Amount"), as described in Paragraph 9.2 of the First Amendment.
New Advances. On and subject to the terms of this Agreement, the Issuer agrees to make to the Borrower a New Advance in an amount equal to the aggregate principal amount of each issue of New Notes. Each New Advance will rank subordinate to any existing tranche of the Facility.
New Advances. The Borrower shall give the Administrative Agent notice in the form of Exhibit C-l (a “Borrowing Notice”), specifying the Borrowing Date, which shall be a Business Day, of such Advance and the aggregate amount of such Advance. Borrower will deliver each Borrowing Notice to the Administrative Agent not later than 10:00 a.m. (Chicago time) three (3) Business Days before the Borrowing Date of each Advance. Not later than 2:00 p.m. (Chicago time) on each Borrowing Date, each Lender shall make available its Loan or Loans in funds immediately available to the Administrative Agent at its address specified pursuant to Article XIII to be immediately provided to the Borrower on the Borrowing Date. The Administrative Agent will make the funds so received from the Lenders available to the Borrower at the Administrative Agent’s aforesaid address.
New Advances. During the term of the Loans, if the Outstanding Debt has been reduced to an amount below $2,450,000 (the "Credit Limit"), TAG may request additional advances (each of which, a "New Advance"), each in an amount of not less than $10,000, in accordance with the following procedure:
3.1 TAG shall make written request for a New Advance at least three (3) business days prior to the date TAG desires English to make the New Advance. The New Advance shall be in an amount which, when added to the then amount of the Outstanding Debt, does not exceed the Credit Limit. English shall not be required to fund a New Advance that would cause the Outstanding Debt to exceed the Credit Limit. Even if English makes the New Advance, the Credit Limit shall not be deemed raised for any other New Advance, and English may require TAG to repay the amount over the Credit Limit immediately.
3.2 If TAG has delivered the request as so required, English shall deliver the New Advance to TAG by wire transfer on the later of (i) three (3) business days after receipt of the request, or (ii) the date requested by TAG for such delivery. The New Advance shall accrue interest from the date of wire transfer, and shall become part of the Outstanding Debt, and a component of the Loans, for all purposes of this Agreement.
New Advances. Vendor must offer the PBC any commercially implemented New Advances related to the Services, Goods or Software hereunder. “
New Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance and Euro-Canadian Advance, the Interest Period applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") substantially in the form attached to Exhibit D, not later than 11:00 a.m. (Chicago time) at least one Business Day before the Borrowing Date of each Floating Rate Advance and three Business Days before the Borrowing Date for each Eurodollar Advance and Euro-Canadian Advance, specifying:
(i) the Borrowing Date, which shall be a Business Day, of such Advance,
(ii) the aggregate amount of such Advance,
(iii) the Type of Advance selected, and
(iv) in the case of each Eurodollar Advance and Euro- Canadian Advance, the Interest Period applicable thereto.
