Advances Note definition

Advances Note means any promissory note executed by Customer and accepted by Seattle Bank, in form and content satisfactory to Seattle Bank, relating to Advances or Other Credit Accommodations.
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Examples of Advances Note in a sentence

  • Additional terms and conditions of Advances may be set forth in an Advance Master Application and/or Advances Note, which Seattle Bank may require Customer to sign and deliver to Seattle Bank from time to time.

  • Annual Fee Plans: Your Annual Fee waiver analysis, under the Plan noted in Section 3.b, only includes the following transactions: Plan 1: Gross Sales; Plan 2: Gross Cash Advances; Plan 3: Net Sales; Plan 4: Net Cash Advances; Plan 5: Gross Sales plus Gross Cash Advance; Plan 6: Net Sales plus Net Cash Advances (Note: Time period analyzed shall be prior 12 month period; however, initial time period may be less than 12 months as it begins on the date you were notified of this program.

  • The amount of the prepayment fee shall not be less than zero and shall be determined by the Seattle Bank on the basis described in the Regulations, the Credit Policy and any applicable Advance Master Application, Advances Note, Advance Confirmation Advice or Swap Transaction, as the case may be, pertaining to prepayment of such Advance or Other Credit Accommodation.

  • Included in Short Term Loans and Advances [Note 35(b)] is Rs.510.00 lacs due from two parties, which are outstanding for a long time.

  • In pursuance of MOU dated 8th March, 2017 executed between the Company with the Acquiree and the shareholders thereof, the Company has paid a sum of ` 50 lakhs as an advance to one of the Shareholder of the Acquiree as on the date of Balance Sheet and the same has been disclosed under Long Term Loans & Advances (Note No. 14).The total amount of expected investment pending the necessary statutory approvals and the due diligence will not be more than ` 15 crore as approved by the Board of Directors.

  • Amount spent in connection with acquisition of land including land compensation and rehabilitation expenses has been booked under “Advance towards land” and has been exhibited under “Long term Loans & Advances (Note No-16)”, pending completion of legal formalities.

  • Make sure that the end gap of the snap ring is not aligned with the pin hole cutout portion of the piston.

  • Annual Fee Plans: Your Annual Fee waiver analysis, under the Plan noted in Section 3.b, only includes the following transactions: Plan 1: Gross Sales; Plan 2: Gross Cash Advances; Plan 3: Net Sales; Plan 4: Net Cash Advances;Plan 5: Gross Sales plus Gross Cash Advance; Plan 6: Net Sales plus Net Cash Advances (Note: Time period analyzed shall be prior 12 month period; however, initial time period may be less than 12 months as it begins on the date you were notified of this program.

  • Considering the future profitability and taxable positions in the subsequent years, the company has recognised "MAT credit entitlement" of `754,755 (2009 : `434,179) as an asset by crediting to the Profit & loss account an equivalent amount and included under "Loans and Advances" (Note 10) in accordance with the guidance note on "Accounting for credit available in respect of Minimum Alternate Tax under Income Tax Act, 1961" issued by the Institute of Chartered Accountants of India.

  • The company has taken land measuring 1109 acres and two workshops on lease initially for a period of 10 years vide Lease Agreement dated 5th May 2004 w.e.f 28.04.2004 from M/s Bharat Gold Mines Limited (A Company under orders of winding up by BIFR), and a sum of ` 100 Lakhs was paid as non-refundable deposit, (included under Long Term Loans and Advances (Note 14)).

Related to Advances Note

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Term Loan as defined in Section 2.1.

  • Revolver Note means any one of such Revolver Notes.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Revolving Advance has the meaning given in Section 2.1.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Swingline Note means a promissory note made by the Borrower in favor of the Swingline Lender evidencing the Swingline Loans made by the Swingline Lender, substantially in the form attached as Exhibit A-2, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • 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.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Revolving Credit Advances means advances of principal on the Revolving Credit Loan by the Bank under the terms of this Loan Agreement to the Borrower during the term of the Revolving Credit Loan pursuant to Section 3.1.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Committed Note means a promissory note of a Borrower payable to the order of any Lender, in substantially the form of Exhibit A-1, evidencing the indebtedness of that Borrower to such Lender resulting from the Committed Advances made by such Lender to that Borrower.