Acquisition Loan Advance definition

Acquisition Loan Advance has the meaning ascribed to it in Section 1.1(c)(i).
Sample 1Sample 2
Acquisition Loan Advance means an advance by an Acquisition Lender to the Borrower as part of an Acquisition Loan made pursuant to the terms of the Original Credit Agreement.
Sample 1Sample 2
Acquisition Loan Advance means an advance by an Acquisition Lender to the Borrower as part of an Acquisition Loan pursuant to Section 2.01(a).
Sample 1Sample 2

Examples of Acquisition Loan Advance in a sentence

  • Agent shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance, Notice of Acquisition Loan Advance, Notice of Conversion/Continuation or similar notice believed by Agent to be genuine.

  • Agent may assume that (i) each Revolving Lender will make its Pro Rata Share of each Revolving Credit Advance available to Agent on each funding date, and (ii) each Acquisition Loan Lender will make its Pro Rata Share of each Acquisition Loan Advance available to Agent on each funding date.

  • To the extent that Agent advances funds to Borrower on behalf of any Revolving Lender or Acquisition Loan Lender and is not reimbursed therefor on the same Business Day as such Advance or Acquisition Loan Advance is made, Agent shall be entitled to retain for its account all interest accrued on such Advance or Acquisition Loan Advance until reimbursed by the applicable Revolving Lender or Acquisition Loan Lender.

  • Borrowers hereby acknowledge and agree that, on the Closing Date, Lender made the Original Acquisition Loan Advance to Borrowers in the principal amount of $760,000,000.00, which Original Acquisition Loan Advance represented a full disbursement of all proceeds of the Original Acquisition Loan.

  • Other than the disbursement of the Original Acquisition Loan Advance made on the Closing Date and any Construction Loan Advances made pursuant to the Original Loan Agreement or this Agreement, Lender shall have no obligation to loan any additional funds in respect of the Loan.

  • Revolver Agent may assume that each Revolving Lender, Acquisition Lender and Term Lender (Term Loan A) will make its Pro Rata Share of each Revolving Credit Advance, Acquisition Loan Advance and the Term Loan A available to Revolver Agent on each funding date.

  • The Borrower shall give the --------------------- Lender (to the representative of the Lender as identified on Schedule "2.1" ------------- hereto) written facsimile notice (or telephone notice confirmed promptly in writing by facsimile) not later than 11:00 a.m., New York City time, on the Business Day prior to the date of a requested Acquisition Loan Advance in the form of an Acquisition Loan Borrowing Request.

  • The Borrower agrees to pay to the Lender the Drawdown ------------ Fee simultaneously with the Lender's extension of an Acquisition Loan Advance.

  • Each Acquisition Loan Advance shall be made on notice by Borrower Representative on behalf of Borrowers to the representative of Administrative Agent identified on SCHEDULE 1.1 at the address specified thereon.

  • Principal payments are made on the loans based on available collections after the payment of interest and principal on Covering Loans, interest payments on the Acquisition Loan, Advance Facility and Working Capital line, elected deposits into the Interest Reserve Account and budgeted working capital amounts.


More Definitions of Acquisition Loan Advance

Acquisition Loan Advance means any advance of an Acquisition Loan occurring after the Effective Date pursuant to the provisions of Section 3.1(d).
Sample 1
Acquisition Loan Advance means the outstanding principal from a Bank which represents such Bank's ratable share of an Acquisition Loan Borrowing.
Sample 1
Acquisition Loan Advance shall have the meaning assigned to it in SECTION 1.1(E)(I).
Sample 1
Acquisition Loan Advance means the advance of the Acquisition Loan Amount made on the date hereof pursuant to the provisions of this Agreement.
Sample 1

Related to Acquisition Loan Advance

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Equipment Advance is defined in Section 2.1.1.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Initial Advance means the first Advance made pursuant to Article II.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Term Loan as defined in Section 2.1.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Initial Loan is defined in Section 2.1.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Revolving Advance has the meaning given in Section 2.1.

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.