All Equipment Advances definition

All Equipment Advances currently amortizing under Section 2.1.2 shall continue to be repaid as provided in Section 2.1.2. The outstanding principal balance of all Equipment Advances made pursuant to Section 2.1.2, as of January 25, 1999, is Two Hundred Forty-Six Thousand Seven Hundred Fifty-Two Dollars ($246,752.00).
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All Equipment Advances currently amortizing under Section 2.1.3.A shall continue to be repaid as provided in Section 2.1.3.
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Examples of All Equipment Advances in a sentence

  • All Equipment Advances shall be evidenced by the Equipment Term Note to be executed and delivered by Borrowers to Bank on the Closing Date and shall be repaid in accordance with the terms of the Equipment Term Note.

  • All Equipment Advances that are outstanding on the Equipment Availability Date will be payable in forty-eight (48) equal monthly installments of principal, plus accrued interest, on the eighteenth (18th) calendar day of the month for each month through the Equipment Maturity Date.

  • All Equipment Advances under the New Equipment Facility that are outstanding on the New Equipment Availability Date will be payable in thirty-six (36) equal monthly installments of principal, plus accrued interest, on the Payment Date for each month through the New Equipment Facility Maturity Date.

  • All Equipment Advances issued under the Temporary Equipment Sublimit will be considered an Advance under the Committed Revolving Line until such time as Borrower has met the criteria as described in subsection (d) (ii) of Section 2.1.2. At such time as Borrower has met such criteria the Temporary Equipment Sublimit shall be deleted and all outstanding Equipment Advances thereunder will be considered Equipment Advances under the Committed Equipment Line.

  • All Equipment Advances made during a calendar month for purposes hereof shall be aggregated as the Calendar Month Advances.

  • All Equipment Advances that are outstanding on the Equipment Availability Date will be payable in thirty-six (36) equal monthly installments of principal, plus accrued interest, on the Payment Date for each month through the Equipment Maturity Date.

  • All Equipment Advances prior to the Equipment Availability End Date shall be repaid in accordance with the terms of Equipment Term Note No. 1.

  • All Equipment Advances made prior to the Equipment Availability End Date One shall be repaid in accordance with the terms of Equipment Term Note No. 1.

  • All Equipment Advances that are outstanding on the Equipment Facility Availability Date will be payable in thirty-six (36) equal monthly installments of principal, plus accrued interest, on the Payment Date for each month through the Equipment Maturity Date.

  • All Equipment Advances shall be evidenced by, and repaid with interest in accordance with, a single promissory note of Borrower in substantially the form of EXHIBIT C-1 attached hereto, duly completed, executed, and delivered to Lender, in the principal amount of up to $3,000,000.00 and dated, of even date herewith, payable to Lender, and maturing on the Maturity Date (the "EQUIPMENT NOTE").

Related to All Equipment Advances

  • Equipment Advance is defined in Section 2.1.1.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

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

  • Equipment Line is an Equipment Advance or Equipment Advances in an aggregate amount of up to One Million Dollars ($1,000,000).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

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

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

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Performing Equipment Note Person", "Pool Balance", "Rating Agencies", "Ratings Confirmation", "Regular Distribution Date", "Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Property Protection Advances shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

  • or "Advances means a cash advance or cash advances under the Revolving Facility.

  • 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.

  • Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category.

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

  • Non-Performing Equipment Note means an Equipment Note issued pursuant to an Indenture that is not a Performing Equipment Note.

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Permitted Loans means:

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.