Additional Advance definition

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.

Additional Advance. Defined in Section 3.11.

Additional Advance shall have the meaning specified in Section 3(p) of this Agreement.

Examples of Additional Advance in a sentence

• Upon Landlord’s funding of the Second Additional Advance, Base Rent shall increase by an amount equal to (a) if and after the Base Rent Conditions have been satisfied, seven million dollars ($7,000,000.00) per annum or (b) unless and until the Base Rent Conditions have been satisfied eight million five hundred thousand dollars ($8,500,000.00) per annum, and Landlord and Tenant shall enter into an amendment to this Lease setting forth the increased Base Rent.

• Upon Landlord’s funding of the Third Additional Advance, Base Rent shall increase by an amount equal to (a) if and after the Base Rent Conditions have been satisfied, seven million dollars ($7,000,000.00) per annum or (b) unless and until the Base Rent Conditions have been satisfied eight million five hundred thousand dollars ($8,500,000.00) per annum, and Landlord and Tenant shall enter into an amendment to this Lease setting forth the increased Base Rent.

• Upon Landlord’s funding of the First Additional Advance, Base Rent shall increase by an amount equal to (a) if and after the Base Rent Conditions have been satisfied, seven million dollars ($7,000,000.00) per annum or (b) unless and until the Base Rent Conditions have been satisfied eight million five hundred thousand dollars ($8,500,000.00) per annum, and Landlord and Tenant shall enter into an amendment to this Lease setting forth the increased Base Rent.

More Definitions of Additional Advance

Additional Advance has the meaning given to such term in the recitals.

Additional Advance has the meaning set forth in Section 3.1.

Additional Advance has the meaning provided in Section 2.1.1.

Additional Advance means any additional advance made by the Holder to the Borrower hereunder, in the sole and absolute discretion of the Holder; PROVIDED that the principal sum of the Initial Advance and all Additional Advances (collectively, the "PRINCIPAL AMOUNT" of this Note) shall not exceed four million dollars ($4,000,000). The Initial Advance and all Additional Advances shall be set forth by the Holder on Annex A hereto, as the same shall be updated from time to time by the Holder to reflect the making of Additional Advances and the prepayments of principal amounts hereunder in accordance with Section 3 hereof. The amounts reflected on Annex A hereto shall be binding upon the parties hereto and conclusive evidence of the unpaid principal amount of this Note outstanding from time to time, absent manifest error.

Additional Advance means each Advance which is to be used in refinancing or financing on delivery part of the purchase price of an Additional Ship or in financing or refinancing part of the cost of acquiring the issued share capital of an Additional Ship Owner and which is to be made available in accordance with and pursuant to Clauses 2.1 and 4.2(c);

Additional Advance means, as of the date of any KEXIM Covered Facility Loan Borrowing, the amount of such KEXIM Covered Facility Loan Borrowing to the extent such amount was not already included in the Projected Balance for the Fiscal Quarter (or portion thereof) in which such Additional Advance occurs.

Additional Advance the meaning set forth in Section 2.1(b).