Acquisition Advance definition

Acquisition Advance shall have the meaning given to such term in Section 5.3 of the Participation Agreement.

Acquisition Advance has the meaning specified in Section 2.01(e).

Acquisition Advance means any Advance to be made available to the Borrower in accordance with the terms of this Agreement which is to be used in financing part of the balance of the acquisition cost payable pursuant to the MOA applicable to a Target Ship on delivery of that Ship to its Owner and in the plural means all of them;

Examples of Acquisition Advance in a sentence

• Acquisition Advance into Escrow‌‌‌‌‌‌Payment TypeWhen to RequestDocuments to Send‌ADVANCES up to 100% of the GRANT and MATCH amounts‌After the contract is encumbered and escrow is open‌See following instructions‌‌‌1.

• Acquisition Advance Payment TypeWhen to RequestDocuments to SendADVANCES up to 100% of the acquisition amount.After the contract is encumbered and escrow is openSee following instructions1.

• Acquisition Advance into Escrow Payment TypeWhen to RequestDocuments to SendADVANCES up to 100% of the GRANT amountAfter the CONTRACT is encumbered and escrow is openSee following instructions1.

• The Company acknowledges the significant contribution of the personnel to its successful course until today.

• The principal amount of each Acquisition Advance shall be due and payable on the 270th day following the date on which such Acquisition Advance was made (the “Acquisition Advance Repayment Date”).

More Definitions of Acquisition Advance

Acquisition Advance means a cash loan from ------------------- the Bank to the Borrowers under the Revolving Credit Facility that is made for the specific purpose of financing an Acquisition.

Acquisition Advance means the initial advance made to the Borrower for purposes of making payment to Lender on the CIE Loan.

Acquisition Advance means an Advance made for the purpose of financing or refinancing an Additional Property, if any.

Acquisition Advance means an advance of funds to pay Property Acquisition Costs and other amounts related thereto pursuant to Section 5.3 of the Participation Agreement.

Acquisition Advance means a Revolving Advance to be used for an Acquisition by Borrower or CICA of an operating insurance company or a holding company engaged solely in the business of insurance through one or more subsidiaries.

Acquisition Advance means a cash advance or cash advances under the Acquisition Line.” “Acquisition Line’’ means a Credit Extension of up to $20,000,000.” “Acquisition Line Maturity Date’’ means September 29, 2015.” “‘Acquisition Tranche’ means any of Acquisition Tranche A or Acquisition Tranche B.”

Acquisition Advance means advance(s) under Facility No. 2 and/or Facility No. 3 as applied by the Borrowers to pay any portion of the purchase price of the Acquisition.