Advance H definition

Advance H means the advance of USD50,000,000, to be applied in on-lending to the Shareholder to re-finance part of the purchase price of the Fulvia Owner and the Melodia Owner;
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Advance H means the advance equal to the lesser of (i) USD23,000,000 and (ii) 60% of the Valuation Amount of Vessel H determined no more than 10 days prior to the Drawdown Date relating thereto, to be applied in or towards the acquisition of Vessel H or, as the context requires, the amount thereof outstanding from time to time;
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Advance H means a borrowing of a part of the Total Commitments by the Borrower up to the Ship Commitment in respect of Ship H, which is to be made available in relation to Ship H, or (as the context may require) the outstanding principal amount of such borrowing.
Sample 1

Examples of Advance H 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 H available to the Borrower upon and subject to the terms of this Agreement and the Facility Agreement to enable the Borrower to finance in part the purchase price of the Advance H Guarantors.

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

  • The Borrower agrees to pay to the Agent for the account of the Lenders pro rata in accordance with their Commitments to Advance H quarterly in arrears from the date of this Agreement until the Advance H Drawdown Date and on such date itself commitment commission computed from the date of this Agreement at a rate of zero point five per cent (0.5%) per annum on the daily undrawn amount of Advance H.

  • The Lenders, relying upon each of the representations and warranties in clause 7, agree to provide to the Borrowers upon and subject to the terms of this Agreement, the Undrawn Commitment of Advance A, the Undrawn Commitment of Advance D, the Undrawn Commitment of Advance G, the Undrawn Commitment of Advance H and Advance I for the purposes of financing part of the purchase price of Vessel I.

  • Subject to the terms of this Agreement, the obligations of each Lender shall be to contribute to the Undrawn Commitment of Advance A, the Undrawn Commitment of Advance D, the Undrawn Commitment of Advance G, the Undrawn Commitment of Advance H and Advance I the proportion of the relevant one of the Undrawn Commitment of Advance A, the Undrawn Commitment of Advance D, the Undrawn Commitment of Advance G, the Undrawn Commitment of Advance H and Advance I which is set out opposite its name in Schedule 1.


More Definitions of Advance H

Advance H means an advance of the Total Commitments up to the lesser of (a) the Ship Commitment in respect of Ship H and
Sample 1
Advance H means the advance of USD25,201,612.90 representing the aggregate of (i) USD21,660,000, which has already been drawn and (ii) USD3,541,612.90 in respect of the Undrawn Commitment of Advance H or, as the context requires, the amount thereof outstanding from time to time;
Sample 1
Advance H means the advance of USD25,201,612.90 representing the aggregate of (i) USD21,660,000, which has already been drawn and(ii) USD3,541,612.90 in respect of the Undrawn Commitment of Advance H or, as the context requires, the amount thereof outstanding from time to time;
Sample 1
Advance H means a borrowing of a part of the Total Commitments by the Borrowers up to the Ship Commitment in respect of Ship H, which is to be made available in relation to Ship H, 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.
Sample 1
Advance H means an advance of the Total Commitments up to the lesser of (a) the Ship Commitment in respect of Ship H and (b) 65% of the Delivery Price of Ship H 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.
Sample 1
Advance H means an amount equal to the least of (i) $12,500,000 and (ii) an amount which, when added to the Advances which have been drawn down on or prior to Advance H will equal 60% of the aggregate Fair Market Values of all the Ships which will be subject to a Mortgage on the Drawdown Date in respect of Advance H, to be applied in or towards financing or refinancing the acquisition of Ship O or, as the context requires, the amount thereof outstanding from time to time;
Sample 1

Related to Advance H

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

  • 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.

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

  • Advance Date means the funding date of any Advance.

  • Advance Financing Person As defined in Section 3.25(a).

  • 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.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

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

  • 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 health care directive means a power of attorney for health care or a record signed or authorized by a prospective donor containing the prospective donor’s direction concerning a health care decision for the prospective donor.

  • 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;

  • Advance Facility As defined in Section 3.22.

  • 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.

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

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Advance directive means a document that contains a health care instruction or a power of attorney for health care.

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and 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).

  • Initial Advance means the first Advance made pursuant to Article II.

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

  • 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).

  • 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.

  • Advance Facility Trustee As defined in Section 3.22.

  • CREFC® Advance Recovery Report A monthly report substantially in the form of, and containing the information called for in, the downloadable form of the “Advance Recovery Report” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Total Loan Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.