Advance F definition

Advance F means the advance equal to the lesser of (i) USD22,000,000 and (ii) 50% of the Valuation Amount of Vessel F 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 F means the advance of USD30,000,000, to be applied in re-financing part of the purchase price of Chilali;
Advance F means a borrowing of a part of the Total Commitments by the Borrower up to the Ship Commitment in respect of Ship F, which is to be made available in relation to Ship F, or (as the context may require) the outstanding principal amount of such borrowing.

Examples of Advance F in a sentence

  • Subject to the terms of this Agreement, the obligations of the Lenders shall be to contribute to Advance F as to 50% each.

  • The Lenders, relying upon each of the representations and warranties in Clause 4 and subject to Clause 3, agree to make Advance F 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 the Shareholder to refinance in part the purchase of Chilali.

  • The participation of a Lender in an Advance will be calculated using the following formula: C P = - x A F where: P = the participation of that Lender in the Advance; C = the Available Commitment of that Lender on the Advance Date for that Advance; F = the aggregate Available Commitments of all the Lenders on that Advance Date; and A = the amount of the Advance.

  • The participation of a Lender in an Advance will be calculated using the following formula: P = C/F x A where: P = the participation of that Lender in the Advance C = the Available Commitment of that Lender on the Advance Date for that Advance F = the aggregate Available Commitments of all the Lenders on that Advance Date A = the amount of the Advance.

  • C R E D E K T O S a l l y O ’ N e i l a n d • A c t h u r J L o e w - A r - c -R e p o r t e d E n g a g e d flORO S ' Italy Advance^ F ivel:fpYear Peace Prbposa^|iVENIR E G iW tEK S H O P E W E L L , N e w J e r s e y ( U P ) - T h e r a n - |GEORGE VBLACKSAIURDM’i W ould C a n cel DeKilviiis o m ' h a s .

  • The participation of a Lender in an Advance will be calculated using the following formula: P = C x A - F where: P = the participation of that Lender in the Advance C = the Available Revolving Facility Commitment of that Lender on the Advance Date for that Advance F = the aggregate Available Revolving Facility Commitments of all the Lenders on that Advance Date A = the amount of the Advance.

  • Use this Calculation if the Reference Margin (B) is Negative (less than 0) Calculated AgriStability Negative Margin Coverage B + CF$AgriStability Coverage Limit Used to Calculate the APP Advance F x 70%H$ E.

  • Subject to the other provisions of this Agreement, the Lenders shall make available to the Borrowers a senior secured term loan facility of up to $64,200,000, in up to six Advances, Advance A, Advance B, Advance C, Advance D, Advance E and Advance F, for the purpose stated in the preamble to this Agreement.


More Definitions of Advance F

Advance F means an amount equal to the least of (i) $2,425,000,, (ii) 55% of the Fair Market Value of Ship M and (iii) an amount which, when added to the Advances which have been drawn down on or prior to Advance F 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 F, to be applied in or towards financing or refinancing the acquisition of Ship M or, as the context requires, the amount thereof outstanding from time to time;
Advance F means an advance of the Total Commitments up to the lesser of (a) the Ship Commitment in respect of Ship F and
Advance F means the Post-Delivery Junior Facility Advance related to Newbuilding B and referred to in Clause 4.5(b);
Advance F means a borrowing of a part of the Total Commitments by the Borrowers up to the Ship Commitment in respect of Ship F, which is to be made available in relation to Ship F, 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.
Advance F means an advance of the Total Commitments up to the lesser of (a) the Ship Commitment in respect of Ship F and (b) 65% of the Delivery Price of Ship F on the Utilisation Date relative to such Advance, comprising a KEXIM Facility Advance, a K-Sure Facility Advance and a Commercial Facility Advance, each in the Relevant Percentage of such Advance, or (as the context may require) the outstanding principal amount of such borrowing.
Advance F means the principal amount of the borrowing by the Borrowers under this Agreement in respect of Ship F or, as the context may require, the principal amount outstanding of such Advance in respect of that Ship under this Agreement.

Related to Advance F

  • Advance fee means any consideration paid or given, directly or indirectly, to a mortgage lender, first mortgage broker or originator required to be licensed or registered pursuant to sections 36a-485 to 36a-498a, inclusive, as amended by this act, prior to the closing of a first mortgage loan to any person, including, but not limited to, loan fees, points, broker's fees or commissions, transaction fees or similar prepaid finance charges;

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Advance Facility As defined in Section 3.22.

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Advance Date means the funding date of any Advance.

  • Advance Facility Notice As defined in Section 3.22.

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • 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).

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • 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.

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

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Advance Interest means the interest accrued on any Servicing Advance which is payable to the party that made that Servicing Advance, in accordance with the Lead Securitization Servicing Agreement.

  • Cash Advance means an advance or payment made in any currency or by travellers’ cheques, notes or other forms representing an amount of any currency by any Merchant, bank or other financial institution and shall include any amount paid by DBS for the credit of the Cardmember’s account(s) with any person which had issued to the Cardmember any credit or charge card(s).

  • Servicing Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.

  • Nonrecoverable Monthly Advance Any Monthly Advance previously made or proposed to be made in respect of a Mortgage Loan or REO Property that, in the good faith business judgment of the Seller, will not, or, in the case of a proposed Monthly Advance, would not be, ultimately recoverable from related late payments, Insurance Proceeds or Liquidation Proceeds on such Mortgage Loan or REO Property as provided herein.

  • The Advance Purchase Order or “Letter of Intent” means the intention of Purchaser to place the Purchase Order on the bidder.