Examples of CapEx Advance in a sentence

The “Class” of an Advance refers to the determination of whether such Advance is a Revolving Advance, a Term Advance, a CapEx Advance or a Swing Line Advance.
The obligation of each CapEx Lender to make a CapEx Advance on the occasion of each CapEx Borrowing shall be subject to the further conditions precedent set forth in Schedule IV.
Each CapEx Advance shall be made on notice by Borrower to one of the representatives of Agent identified in Schedule 1.1 at the address specified therein.
Each such notice (a "Notice of CapEx Advance") must be given in writing (by telecopy or overnight courier) substantially in the form of Exhibit 1.1(c)(i), and shall include the information required in such Exhibit and in Section 2.3 and such other information as may be required by Agent.
Further, the amount of the CapEx Advance (i) if the proceeds thereof are to be applied to fund or refinance the purchase of equipment from a vendor selling such equipment as part of its inventory, shall not exceed 80% of the Net Invoiced Cost of such equipment, and (ii) if the proceeds thereof are to be applied to fund or refinance the purchase of equipment from a Person other than a vendor selling such equipment as part of its inventory, shall not exceed 80% of the NOLV of such equipment.

More Definitions of CapEx Advance

CapEx Advance means the advance made or to be made to Newco under the Capex Facility or, as the case may be, the outstanding principal amount of that advance.

CapEx Advance means each advance made under the CAPEX Loan Commitment pursuant to Subsection 1.2(a), and includes any Non-Ratable Loan made in lieu of a CAPEX Advance.”

CapEx Advance means a portion of the Loans equal to the then current Capex Borrowing Base.

CapEx Advance shall have the meaning ascribed to such term in Section 1.2A(1) hereof.

CapEx Advance and "CAPEX Advances" shall have the meanings set forth in subsection 2.1(C) hereof.

CapEx Advance means any advance by the Lender to the Borrower as part of this Section 2.3A.

CapEx Advance means the principal amount of each advance made or to be made (including each Deemed Advance) under the Capex Facility in each case as from time to time reduced by repayment or prepayment or consolidated in accordance with Clause 6.1(e) (Interest Periods).