Additional Facility Advance definition

Additional Facility Advance means an advance made to a Borrower under an Additional Facility. Additional Facility Availability Period in relation to an Additional Facility means the period specified in the Additional Facility Accession Agreement for that Additional Facility. Additional Facility Commitment means in relation to an Additional Facility and an Initial Additional Facility Lender:
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Additional Facility Advance has the meaning given in the New Facility Agreement.
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Additional Facility Advance means an Advance made pursuant to Section 3.2 and Section 3.3 hereof.
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Examples of Additional Facility Advance in a sentence

  • Any Additional Facility Borrower may, by giving to the Facility Agent not less than 5 Business Days’ prior written notice to that effect (unless an Instructing Group has given its prior consent to a shorter period), repay any Additional Facility Advance by such minimum amount as is agreed by the Company and the relevant Additional Facility Lender.

  • If an Additional Facility Advance is to be repaid or prepaid by reference to an Original Euro Amount, the US Dollar amount to be repaid or prepaid shall be determined by reference to the Agent’s Spot Rate of Exchange used for determining the US Dollar amount of that Additional Facility Advance under Clause 5.4(c) (Participations in Advances) or, if applicable, the Original Exchange Rate.

  • Requested Ad Hoc make changes clarifying type, placement, and criteria of allowed animals.

  • Unless waived by Lender in accordance with Section 8.4, Lender shall have performed, or caused to be performed on its behalf, an on-site due diligence review of each applicable Additional Facility to be acquired with the Additional Facility Advance which review and its results shall be satisfactory to Lender in Lender's discretion.

  • Borrowers shall have paid or caused to be paid all Transaction Costs due and payable as of the applicable Additional Facility Advance Closing Date.

  • The Borrower shall (subject to Clause 6.2 (Rollover Advances) and Clause 6.3 (Repayment on Refinancing Rollover)) repay the full amount of each Revolving Facility Advance and each Additional Facility Advance in relation to a revolving facility drawn by it on its Repayment Date.

  • This Implementation Plan is a schedule to the National Partnership Agreement on Disaster Risk Reduction (the Agreement) and should be read in conjunction with that Agreement.

  • Each of such legal opinions will be addressed to Lender and the Rating Agencies, dated as of the applicable Additional Facility Advance Closing Date, and in form and substance satisfactory to 77 Lender, the Rating Agencies and their counsel.

  • The Borrower shall lend to each Joint Venture from the proceeds of the Closing Date Advance and any Additional Facility Advance the Allocated Loan Amount for each relevant Joint Venture Facility (less such Joint Venture Facility's pro rata portion of the relevant Transaction Costs).

  • Each Borrower under the Revolving Facility or an Additional Facility shall select the currency of a Revolving Facility Advance or an Additional Facility Advance made to it (which shall be Dollars, euro or an Optional Currency) in the Utilisation Request relating to the relevant Revolving Facility Advance or an Additional Facility Advance.


More Definitions of Additional Facility Advance

Additional Facility Advance has the meaning given to it in the UPC Facility Agreement.
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Related to Additional Facility Advance

  • Additional Facility means an additional term or revolving facility referred to in Section 2.14 and “Additional Facilities” means all or any such Additional Facilities.

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

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

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • SOFR Advance means any Loan which, except as otherwise provided in Section 2.10, bears interest at a rate based on Adjusted Term SOFR (other than a Floating Rate Advance as to which the interest rate is determined with reference to Adjusted Term SOFR or a SOFR Market Index Rate Advance).

  • 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.

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

  • Tranche A Advance has the meaning specified in Section 2.01(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.

  • Permitted Advance means an advance of funds by the Assuming Bank with respect to a Shared-Loss Loan, or the making of a legally binding commitment by the Assuming Bank to advance funds with respect to a Shared-Loss Loan, that (i) in the case of such an advance, is actually made, and, in the case of such a commitment, is made and all of the proceeds thereof actually advanced, within one (1) year after the Commencement Date, (ii) does not cause the sum of (A) the book value of such Shared-Loss Loan as reflected on the Accounting Records of the Assuming Bank after any such advance has been made by the Assuming Bank plus (B) the unfunded amount of any such commitment made by the Assuming Bank related thereto, to exceed 110% of the Book Value of such Shared-Loss Loan, (iii) is not made with respect to a Shared-Loss Loan with respect to which (A) there exists a related Shared-Loss Loan Commitment or (B) the Assuming Bank has taken a Charge-Off and (iv) is made in good faith, is supported at the time it is made by documentation in the Credit Files and conforms to and is in accordance with the applicable requirements set forth in Article III of this Commercial Shared- Loss Agreement and with the then effective written internal credit policy guidelines of the Assuming Bank; provided, that the limitations in subparagraphs (i), (ii) and (iii) of this definition shall not apply to any such action (other than to an advance or commitment related to the remediation, storage or final disposal of any hazardous or toxic substance, pollutant or contaminant) that is taken by Assuming Bank in its reasonable discretion to preserve or secure the value of the collateral for such Shared-Loss Loan.

  • Liquidity Advance means a loan, advance, purchase or other similar action made by a Liquidity Provider pursuant to a Liquidity Agreement.

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

  • Extended Loan shall have the meaning assigned to such term in Section 2.26(a).

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • 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.

  • Equipment Advance is defined in Section 2.1.1.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.