Advance E definition

Advance E means the advance equal to the lesser of (i) USD10,000,000 and (ii) 50% of the Valuation Amount of Vessel E determined no more than 10 days prior to the Drawdown Date relating thereto, to be applied in refinancing such Vessel or, as the context requires, the amount thereof outstanding from time to time;
Advance E means the principal amount of up to the lesser of (i) USD4,000,000 and (ii) 50% of the Valuation Amount of Vessel E as at the relevant Drawdown Date, to be made available by the Lenders to the Borrowers subject to clause 2 of this Agreement for the purpose described in clause 2.1 or, as the context requires, the amount thereof outstanding from time to time;
Advance E means the advance of USD24,000,000, to be applied in on-lending to Palermo, Hyperion and/or Sagittarius to refinance in part the purchase of Vessel A, Vessel B and Vessel C;

Examples of Advance E in a sentence

  • The Lenders, relying upon each of the representations and warranties in Clause 4 and subject to Clause 3, agree to make Advance E available to the Borrower upon and subject to the terms of this Agreement and the Facility Agreement to enable the Borrower to on-lend the same to Sagittarius, Palermo and Hyperion to refinance in part the purchase of Vessel A, Vessel B and Vessel C.

  • GILARDONI S., Vignati E, Marmer E, Cavalli F, Belis C, Gianelle V, Loureiro A, Artaxo P (2011).

  • And because the F350 was repossessed in connection with Dallman‟s default on Advance E, he was not entitled to notice under the WCA.Dallman makes several arguments in response.

  • Fact on the Matter :- The Chair informed the trade that the ZIM Line has started to issue Advance E Delivery Order and the same was accepted by all the representative present in the meeting.[Point Closed] Point no 6 represented by Sh Mohan Nihalani, president, AIIEA Point no 6:- With regard to examination charges and Terminal charges it has been accepted by the department that the speedy CFS has indulged in overcharging and have agreed to refund the said amount.

  • Structural Repair Manual Repair Consultation Tool Nacelle Structural Repair Manual AirN@v OFF Advance E 90.


More Definitions of Advance E

Advance E means the principal amount of the Advance referred to in Clause 3.2(b)(v) made or to be made by the Lender pursuant to Clause 3 or (as the context requires) the principal amount thereof for the time being outstanding under this Agreement; and
Advance E have the meanings given to them in Clause 2.1;
Advance E means an amount equal to the least of (i) $3,700,000, (ii) 55% of the Fair Market Value of Ship L and (iii) an amount which, when added to the Advances which have been drawn down on or prior to Advance E will equal 55% of the aggregate Fair Market Values of all the Guarantor Ships which will be subject to a Mortgage on the Drawdown Date in respect of Advance E, to be applied in or towards financing or refinancing the acquisition of Ship L or, as the context requires, the amount thereof outstanding from time to time;
Advance E means the principal amount equal to the lesser of (i) eight million eight hundred and fifty thousand Dollars (USD8,850,000) and (ii) 70% of the Valuation Amount of Vessel E as at the Drawdown Date of Advance E, for the purpose of the Borrowers making Advance E available to the Shareholder, which the Shareholder will use to pay to the current shareholder of Bole the purchase price of the shares in Bole, or, as the context requires, the amount thereof outstanding from time to time;
Advance E means an advance of the Total Commitments up to the lesser of (a) the Ship Commitment in respect of Ship E and
Advance E means the Post-Delivery Junior Facility Advance related to Newbuilding A and referred to in Clause 4.5(a);
Advance E means a borrowing of a part of the Total Commitments by the Borrowers up to the Ship Commitment in respect of Ship E, which is to be made available in relation to Ship E, and comprising a Commercial Facility Advance, a KEXIM Facility Advance, a KEXIM Covered Facility Advance and a K-sure Facility Advance, each in the Relevant Percentage of such Advance, or (as the context may require) the outstanding principal amount of such borrowing.