Advance B definition

Advance B means the advance equal to the lesser of (i) USD28,000,000 and (ii) 50% of the Valuation Amount of Vessel B no more than 14 days prior to the Drawdown Date in respect of Advance B, to be applied in or towards financing or refinancing the acquisition of Vessel B or, as the context requires, the amount thereof outstanding from time to time;

Advance B means the borrowing by the Borrower of a part of the Commitment under this Agreement in an amount equal to the relevant Maximum Advance Amount or, as the context may require, the principal amount outstanding of that Advance at any relevant time;

Advance B means the principal amount of the borrowing by the Borrowers under this Agreement in respect of Ship B or, as the context may require, the principal amount outstanding of such Advance in respect of that Ship under this Agreement;

Examples of Advance B in a sentence

• Maximum Percentage Advance:% B) Maximum Dollar Advance: $ SGA’s Signature Type or Clearly Print Name of Signing SGA Date Foresters Agent Code of Signing SGAThe Independent Order of Foresters Acceptance By: Signature Title: Date: Important Notice:Please read before writing any Foresters business Point of Sale BusinessForesters will send you a “welcome” email the same day we start the contracting process.

• Advance B in an amount of up to the lesser of (i) US$201,000,000 and (ii) 57.5 per cent.

• The scores submitted for Advance B and Excellent B for each event will be combined and the 10 combined scores will be averaged.

• Banking supervisors will hence play a critical role in this validation process.

• Provide cognitive tools that scaffold required skills, including problem-representation tools, knowledge-modeling tools, performance-support tools, and information- gathering tools.

More Definitions of Advance B

Advance B means the advance equal to the lesser of (i) USD17,000,000 and (ii) 50% of the Valuation Amount of Vessel B determined no more than 10 days prior to the Drawdown Date relating thereto or, as the context requires, the amount thereof outstanding from time to time;

Advance B means, in relation to Ship B, an amount equal to the lesser of (i) $7,150,000 and (ii) 65 per cent. of the Purchase Price of that Ship, to be made available to the Borrowers in a single amount for the purpose of financing part of the acquisition cost of Ship B;

Advance B means an amount equal to the relevant Maximum Advance Amount in respect of that Advance to be used in or towards financing in part the Contract Price of Ship B or, as the context may require, the principal amount outstanding of that Advance at any relevant time;

Advance B means an amount equal to the lesser of (i) an amount not exceeding 5 per cent. of the Initial Market Value of the Ship and (ii) $1,300,000, made available to the Borrower pursuant to the terms of this Agreement;

Advance B means an Advance up to a maximum of $136,250,000 comprising the KEXIM Facility Advance B and the Commercial Facility Advance B relative to Ship B.

Advance B means the principal amount of the borrowing by the Borrowers under this Agreement in respect of Ship B or, as the context may require, the principal amount outstanding of such Advance in respect of that Ship under this Agreement.

Advance B means the amount of USD 6,750,000 to be made available to Iris to enable Iris to repay amounts outstanding under the Iris Loan Agreement;