Aggregate Advance definition

Aggregate Advance means, collectively, each set of Advances made by Banks to Borrower on the same date, bearing interest at the same rate, and having the same Interest Period.
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Aggregate Advance has the meaning specified in Section 2.03 hereof.
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Aggregate Advance means, at any time of determination, the aggregate outstanding principal amount of all Advances.
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Examples of Aggregate Advance in a sentence

  • B507 Calculation of Aggregate Advance The Aggregate Advance shall be, for the purposes of calculating additional Use fees, the total of all the Advance payments paid to Performers in a Production, with the limitation that no Performer shall be credited with an Advance payment greater than the amount equal to the number of days of principal photography multiplied by twenty (20) times the minimum daily fee for a Principal Actor, as set out in Article B101.

  • Although individual Advance payments in excess of the limitations specified in Article B506 and B507 that are payable to individual Performers may not be credited to the Aggregate Advance, the ACTRA PRS shall have the right to take into account such excess Advance payment to an individual Performer when determining the allocation that will be made to said Performer under Article B512.

  • B505 Participation in Gross: Advance If the Producer elects to pay an Advance as set out in B501(b), Performers shall be paid, as Use fees, an aggregate amount equal to the applicable percentage of Distributor’s Gross Revenue, provided that no amounts shall be paid until such time as the Aggregate Advance (as defined in Article B507) is recouped from the Distributor’s Gross Revenue.

  • CITY OF SAN XXXX FINANCING AUTHORITY By: Title: REVOLVING NOTE GRID DRAWINGS AND ADVANCES AND PAYMENTS OF PRINCIPAL AND INTEREST Date Drawing or Advance Amount of Drawing or Advance Principal Amount of Advances Repaid Amount of Interest on Advances Repaid Aggregate Advance Balance Notation Made by Note: Additional pages of this Revolving Note and Revolving Note Grid may be attached to the Revolving Note as may be necessary to record certain information regarding each drawing or Advance.

  • On July 7, 2003, Somerville executed an Aggregate Advance Limited Amendment to the AFC Agreement, increasing the principal sum to $100,000.Section 9.11 of the AFC Agreement contains a forum selection clause, which provides: JURISDICTION AND CHOICE OF LAW: THIS NOTE AND ANY AND ALL AGREEMENTS OR AUTHORIZATIONS EXECUTED BY DEALER OR AFC IN CONNECTION HEREWITH SHALL BE GOVERNED BY THE SUBSTANTIVE LAWS OF THE STATE OF INDIANA, AS AMENDED FROM TIME TO TIME, WITHOUT RESORT TO PRINCIPLES OF CONFLICTS OF LAWS.

  • Somerville designated evidence that each of these increases were authorized by an Aggregate Advance Limit Amendment to the Agreement signed by Souza on behalf of Somerville.

  • Each such additional loan shall be referred to herein as an "Additional Advance," and the $2,000,000 maximum aggregate amount of such loans shall be referred to as the "Maximum Aggregate Advance." The Company shall be required to borrow the full amount of the Maximum Aggregate Advance prior to effecting any prepayment, however the Company shall have the right to specify the timing of such borrowings, subject to the provisions of this Section 3.1(b).

  • Version 4.1 of the Hydrologic Modeling System (HEC-HMS) was completed in July 2015 and released for general use shortly thereafter.

  • On or about September 3, 2015, AVR California and AAA Medical14 Transportation, LLC executed a U.S. California RAC Aggregate Advance Limit Amendment to15 Demand Promissory Note and Security Agreement increasing the aggregate advance limit to 16 $9,700,000.17 12.

  • At any time and from time to time, Borrowers may request that Lender consent to an increase of the Committed Amount, which consent may be given or withheld by Lender in its sole discretion; provided that in no event shall the Committed Amount exceed the Maximum Aggregate Advance Amount.


More Definitions of Aggregate Advance

Aggregate Advance. As of any date of determination, the aggregate outstanding principal amount of all Advances made by Lender hereunder.
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Aggregate Advance means the aggregate total of the Advance Payments made to Employee. Each Advance Payment is payable in cash or registered shares of HMC’s common stock (as provided below), or partially in cash and partially in stock, as determined by HMC in its sole discretion. If HMC elects to pay any of an Advance Payment in shares of stock, HMC shall issue and deliver to the Employee, on a date (the “Issue Date”) which shall be on or within 10 days after the Payment Date, such number of shares of common stock of HMC (or its successor) equal to the quotient of (i) the dollar amount of the Advance Payment to be paid in stock (the “Stock Payment Amount”), divided by (ii) the “Fair Market Value” (as defined below) per share of such common stock as of the applicable Issue Date. The issuance of such shares is subject to withholding if applicable as provided under Section 3(g) hereof. The Employee shall comply, in connection with any sales of such shares, with any request by HMC of the Employee to coordinate such sales with or through one or more market makers or other registered broker/dealers designated by HMC. Payment Date: Advance Payment Payment Date: Advance Payment April 10, 2006: $162,500 Oct. 10, 2007: $37,500 July 10, 2006: $50,000 Jan. 10, 2008: $37,500 Oct. 10, 2006: $50,000 April 10, 2008: $24,875 Jan. 10, 2007: $50,000 July 10, 2008: $24,875 April 10, 2007: $37,500 Oct. 10, 2008: $24,875 July 10, 2007: $37,500 Jan. 10, 2009: $24,875 Offset of Excess Advance Payments. If the calculation of the Sale Bonus or Term Bonus under Section 3(c)(i) or Section 3(c)(ii) above, as the case may be, results in a negative number (or results in a larger negative number) due to the subtraction of the Aggregate Advance in the applicable calculation formula in such Sections, then the amount of such negative number (or such increase in a negative number, as the case may be) may be applied by the Company and/or HMC to offset against any other payments due to Employee by the Company and/or HMC under this Agreement, and if there is any remaining balance of such negative amount after such offset, the Employee shall promptly repay such balance to the Company (such payment to be made not later than 10 days following the Company’s demand).
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Related to Aggregate Advance

  • Revolving Advance has the meaning given in Section 2.1.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

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

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

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

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

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • 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.

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

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

  • 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.

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

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

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

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

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