XXXXX Advances Sample Clauses

XXXXX Advances. During such periods as such Advance is a XXXXX Advance, a rate per annum equal at all times to the sum of (x) the XXXXX in effect from time to time plus (y) the Applicable Margin in effect from time to time, payable in arrears on the date that is on the numerically corresponding day in the calendar month that is one month after the Borrowing of such Loan (or, if there is no such numerically corresponding day in such month, then the last day of such month), and on the date such XXXXX Advance shall be paid in full.

XXXXX Advances. During such periods as such Advance is a XXXXX Advance, a rate per annum equal at all times to the sum of (x) XXXXX in effect from time to time plus (y) the Applicable Margin in effect from time to time, payable in arrears on each date that is on the numerically corresponding day in each calendar month that is one month after the Borrowing of such Advance; provided that, as to any such Advance, (i) if any such date would be a day other than a Business Day, such date shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such date shall be the next preceding Business Day and (ii) with respect to any Borrowing that occurs on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in any applicable calendar month) shall be the last Business Day of any such succeeding applicable calendar month, and on the date such XXXXX Advance shall be paid in full.

XXXXX Advances. If such Advance is a XXXXX Advance, a rate per annum equal to XXXXX in effect from time to time plus the XXXXX Adjustment plus the Applicable Eurocurrency Margin, payable in arrears monthly on the last Business Day of each fiscal month during the period such XXXXX Advance remains outstanding and on the date such XXXXX Advance shall be paid in full.

XXXXX Advances. The Corporation shall not make any loans or advances to any Person, except (i) endorsement of negotiable instruments for deposit or collection in the ordinary course of business, and (ii) customary advances for reimbursable employee business expenses in the ordinary course of business. ​ ​ ​

XXXXX Advances. Subject to Xxxxxxx’s performance of Xxxxxxx’s Obligations under this Section 3 below, including the Retained/Relocated Employee requirement under Section 2(o) and its continuous performance under Section 5, Grantee shall receive annual Grant Advances, payable in the amounts described in Section 3(b) below; however, the maximum aggregate amount of Grant Advances shall not exceed THIRTY-FIVE THOUSAND AND NO/100 DOLLARS ($35,000.00). Notwithstanding the foregoing, the Grantee’s right to any Grant(s) Advance shall be conditioned upon and limited by the Space Requirement, Continuous Lease/Ownership and Facility requirements as of any Grant payment date.

XXXXX Advances. Subject to the applicable provisions of this Agreement, on any Business Day during the applicable Disbursement Period (or, in respect of conversions, during the applicable Term, subject to the conditions set out in Article 10), upon an irrevocable telephone notice to the Agent given prior to 12:00 p.m., at least three Business Days prior to the date of a proposed XXXXX Advance, followed by the immediate delivery of a written Notice of Borrowing or Notice of Conversion or Rollover, as applicable, the Borrower may request that (a) a Term XXXXX Advance or a Daily Compounded XXXXX Advance be made, (b) that one or more Advances not borrowed as XXXXX Advances be converted into one or more Term XXXXX Advances and/or Daily Compounded XXXXX Advances, or (c) that a Term XXXXX Advance or a Daily Compounded XXXXX Advance or any part thereof be extended, as the case may be, in each case, under the Revolving Facility or the Term Facility, as applicable. The Agent shall determine the Adjusted Term XXXXX or Adjusted Daily Compounded XXXXX, as applicable, which will be in effect on the Rollover Date (which in such case must be a Business Day) with respect to the Selected Amount or to each of the Selected Amounts, as the case may be, having an Interest Period of 1 or 3 months (or such other period as may be available and acceptable to the Lenders and the Agent) from the Rollover Date. However, if the Borrower has not delivered a notice to the Agent in a timely manner in accordance with the provisions of this Section 4.12, (i) in the case of a maturing Daily Compounded XXXXX Advance, such Daily Compounded XXXXX Advance shall be rolled over as a Daily Compounded XXXXX Advance with the same Interest Period as the previous Interest Period applicable to such maturing Daily Compounded XXXXX Advance, and (ii) in the case of a maturing Term XXXXX Advance, such Term XXXXX Advance shall be converted into a Prime Rate Advance. No tenor that has been removed from this Section 4.12 pursuant to Section 5.16 shall be available for specification in a Notice of Borrowing or a Notice of Conversion or Rollover.

XXXXX Advances. If such Advance is a XXXXX Advance, a rate per annum equal to XXXXX in effect from time to time plus the XXXXX Adjustment plus the Applicable Margin for Eurocurrency Rate Advances, payable in arrears on each date that is on the numerically corresponding day in the calendar month that is one month after the Borrowing of such Advance (or, if there is no such numerically corresponding day in such month, then the last day of such month) during the period such XXXXX Advance remains outstanding and on the date such XXXXX Advance shall be paid in full. (g) Section 2.06(b) is amended by deleting the phrase “clause (a)(i) or (a)(ii) above” and substituting therefor the phrase clause (a)(i), (a)(ii) or (a)(iii) above” in each place such phrase appears. (h) Section 2.07(b) is amended in full to read as follows:

XXXXX Advances. If such Advance is a XXXXX Advance, a rate per annum equal to XXXXX in effect from time to time plus the XXXXX Adjustment plus the Applicable EurocurrencyEURIBOR Margin, payable in arrears monthly on the last Business Day of each fiscal month during the period such XXXXX Advance remains outstanding and on the date such XXXXX Advance shall be paid in full. (b) Each Borrower shall pay interest on the unpaid principal amount of each Swing Line Advance made to it at the Overnight Rate plus the Applicable EurocurrencyEURIBOR Margin, with such interest to be due and payable on the maturity date for such Swing Line Advance. For the period from the date of such Swing Line Borrowing and ending on the date the Lenders fund their participations in such Swing Line Advance in accordance with Section 2.16(e), such interest shall be for the sole account of the Swing Line Lenders. AMENDED AND RESTATED FIVE YEAR CREDIT AGREEMENT

XXXXX Advances. Subject to Xxxxxxx’s performance of Xxxxxxx’ s Obligations under this Section 3 below, including the Retained Employee requirement under Section 2(o), Grantee shall receive annual Grant Advances, payable in the amounts described in Section 3(b) below; however, the maximum aggregate amount of Grant Advances shall not exceed FIFTY