{"component": "definition", "props": {"groups": [{"snippet": "means any advance by a CapEx Lender to the Borrower as part of a CapEx Borrowing.", "size": 3, "samples": [{"hash": "168MiKZ9n7V", "uri": "/contracts/168MiKZ9n7V#capex-advance", "label": "Credit Agreement (Aly Energy Services, Inc.)", "score": 26.7960301164, "published": true}, {"hash": "i1uuvtp4AqV", "uri": "/contracts/i1uuvtp4AqV#capex-advance", "label": "Credit Agreement (Aly Energy Services, Inc.)", "score": 26.2457221081, "published": true}, {"hash": "gpXJxfOaVR0", "uri": "/contracts/gpXJxfOaVR0#capex-advance", "label": "Credit Agreement (Aly Energy Services, Inc.)", "score": 24.6221765914, "published": true}], "snippet_links": [{"key": "any-advance", "type": "clause", "offset": [6, 17]}, {"key": "to-the-borrower", "type": "clause", "offset": [36, 51]}], "hash": "09996c7068191263c82d428d0eaf6f7c", "id": 1}, {"snippet": "has the meaning given in Section 2.6(b).", "size": 3, "samples": [{"hash": "bj7C6Bz7XNp", "uri": "/contracts/bj7C6Bz7XNp#capex-advance", "label": "Credit and Security Agreement (Pemco Aviation Group Inc)", "score": 18.0, "published": true}], "snippet_links": [], "hash": "e3ccf21436cdff4685cb3706ef08c6a6", "id": 2}, {"snippet": "has the meaning ascribed to it in Section 1.1(c)(i).", "size": 2, "samples": [{"hash": "9YQUBJt0IKV", "uri": "/contracts/9YQUBJt0IKV#capex-advance", "label": "Credit Agreement (Black Warrior Wireline Corp)", "score": 18.0, "published": true}, {"hash": "8OBg7jAemci", "uri": "/contracts/8OBg7jAemci#capex-advance", "label": "Credit Agreement (Black Warrior Wireline Corp)", "score": 15.0, "published": true}], "snippet_links": [], "hash": "74540542f5b9239bc2109954e3f6ce93", "id": 3}, {"snippet": "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.", "size": 2, "samples": [{"hash": "dQ72Nec1alv", "uri": "/contracts/dQ72Nec1alv#capex-advance", "label": "Credit Agreement (United Surgical Partners International Inc)", "score": 18.0, "published": true}, {"hash": "8VPa5UeGYm3", "uri": "/contracts/8VPa5UeGYm3#capex-advance", "label": "Credit Agreement (United Surgical Partners International Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-advance", "type": "clause", "offset": [6, 17]}, {"key": "capex-facility", "type": "definition", "offset": [56, 70]}, {"key": "the-case", "type": "definition", "offset": [78, 86]}, {"key": "outstanding-principal-amount", "type": "definition", "offset": [99, 127]}], "hash": "255cf97c484ef2bc8a185e64932aa5e6", "id": 4}, {"snippet": "means a portion of the Domestic Revolving Loans equal to the then current Capex Borrowing Base.", "size": 2, "samples": [{"hash": "5tSOfnCB6ou", "uri": "/contracts/5tSOfnCB6ou#capex-advance", "label": "Credit Agreement (Park Ohio Holdings Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "a-portion", "type": "definition", "offset": [6, 15]}, {"key": "domestic-revolving-loans", "type": "definition", "offset": [23, 47]}, {"key": "equal-to", "type": "definition", "offset": [48, 56]}, {"key": "borrowing-base", "type": "definition", "offset": [80, 94]}], "hash": "f025ad637c6ae53d2aa3e9709ec7a0ea", "id": 5}, {"snippet": "means each advance made by Lender under the CAPEX Loan Commitment pursuant to subsection 2.1(C). -----------------", "size": 2, "samples": [{"hash": "ewg1iVD7FZQ", "uri": "/contracts/ewg1iVD7FZQ#capex-advance", "label": "Loan and Security Agreement (Right Start Inc /Ca)", "score": 18.0, "published": true}], "snippet_links": [{"key": "each-advance", "type": "clause", "offset": [6, 18]}, {"key": "by-lender", "type": "definition", "offset": [24, 33]}, {"key": "capex-loan-commitment", "type": "definition", "offset": [44, 65]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [66, 88]}], "hash": "471e351b92c516b0b7e66ba9a117cba4", "id": 6}, {"snippet": "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).", "size": 1, "samples": [{"hash": "8sY5KqItftZ", "uri": "/contracts/8sY5KqItftZ#capex-advance", "label": "Coal and Capex Facility Agreement (Edison Mission Energy)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-principal-amount", "type": "definition", "offset": [6, 26]}, {"key": "each-advance", "type": "clause", "offset": [30, 42]}, {"key": "deemed-advance", "type": "definition", "offset": [78, 92]}, {"key": "capex-facility", "type": "definition", "offset": [104, 118]}, {"key": "each-case", "type": "definition", "offset": [122, 131]}, {"key": "from-time-to-time", "type": "clause", "offset": [135, 152]}, {"key": "in-accordance-with", "type": "definition", "offset": [204, 222]}, {"key": "interest-periods", "type": "clause", "offset": [238, 254]}], "hash": "de86a1e590a81a95191339fd3c002e06", "id": 7}, {"snippet": "has the meaning given in Section 2.6(b). \"CapEx Maximum Line\" initially means $3,100,000, which amount may be increased or decreased in accordance with Section 2.19, in which event it means the amount to which said amount is changed. \"CapEx Note\" means the promissory note of the Borrowers, payable to the order of the Lender in substantially the form of Exhibit C hereto, and any note or notes issued in substitution therefor, as the same may hereafter be amended, supplemented or restated from time to time. \"CapEx Note Consolidation Date\" means the earliest to occur of the following: (a) the first date on which the outstanding principal balance of the CapEx Note is equal to the CapEx Maximum Line, or (b) October 31, 2001. \"Capital\" means Book Net Worth plus Subordinated Debt. \"Capital Expenditures\" for any Borrower for a period means any expenditure of money by such Borrower for the lease, purchase or other acquisition of any capital asset, whether payable currently or in the future, to the extent such expenditure is required by GAAP to be capitalized on such Borrower's balance sheet. \"Change in Control\" shall mean (a) any Person or \"group\" (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Securities Exchange Act of 1934, as amended), other than Existing Investors, shall at any time have acquired direct or indirect beneficial ownership of 50% or more of the outstanding Voting Stock of Parent; (b) occupation of a majority of the seats (other than vacant seats) on the board of directors of Parent by Persons who were neither (i) nominated by the current board of directors of Parent nor (ii) appointed by directors so nominated; (c) a merger or consolidation involving Parent; or (d) Parent shall cease to own, directly or indirectly, 100% of the outstanding capital stock of any Borrower, except as a result of a transaction permitted under Section 7.6 or 7.", "size": 1, "samples": [{"hash": "l9mCbau6qJE", "uri": "/contracts/l9mCbau6qJE#capex-advance", "label": "Credit and Security Agreement", "score": 20.340862423, "published": false}], "snippet_links": [{"key": "maximum-line", "type": "definition", "offset": [48, 60]}, {"key": "in-accordance-with", "type": "definition", "offset": [133, 151]}, {"key": "capex-note", "type": "definition", "offset": [235, 245]}, {"key": "the-promissory-note", "type": "clause", "offset": [253, 272]}, {"key": "the-borrowers", "type": "clause", "offset": [276, 289]}, {"key": "payable-to", "type": "definition", "offset": [291, 301]}, {"key": "order-of", "type": "clause", "offset": [306, 314]}, {"key": "the-lender", "type": "clause", "offset": [315, 325]}, {"key": "form-of", "type": "definition", "offset": [347, 354]}, {"key": "exhibit-c", "type": "definition", "offset": [355, 364]}, {"key": "note-or-notes", "type": "definition", "offset": [381, 394]}, {"key": "issued-in", "type": "definition", "offset": [395, 404]}, {"key": "from-time-to-time", "type": "clause", "offset": [491, 508]}, {"key": "consolidation-date", "type": "definition", "offset": [522, 540]}, {"key": "first-date", "type": "definition", "offset": [596, 606]}, {"key": "balance-of-the", "type": "clause", "offset": [642, 656]}, {"key": "equal-to", "type": "definition", "offset": [671, 679]}, {"key": "book-net-worth", "type": "definition", "offset": [745, 759]}, {"key": "subordinated-debt", "type": "definition", "offset": [765, 782]}, {"key": "capital-expenditures", "type": "definition", "offset": [785, 805]}, {"key": "expenditure-of-money", "type": "clause", "offset": [847, 867]}, {"key": "the-lease", "type": "clause", "offset": [889, 898]}, {"key": "other-acquisition", "type": "definition", "offset": [912, 929]}, {"key": "capital-asset", "type": "definition", "offset": [937, 950]}, {"key": "the-future", "type": "clause", "offset": [984, 994]}, {"key": "to-the-extent", "type": "clause", "offset": [996, 1009]}, {"key": "required-by", "type": "definition", "offset": [1030, 1041]}, {"key": "balance-sheet", "type": "clause", "offset": [1084, 1097]}, {"key": "change-in-control", "type": "clause", "offset": [1100, 1117]}, {"key": "any-person", "type": "clause", "offset": [1134, 1144]}, {"key": "meaning-of", "type": "clause", "offset": [1168, 1178]}, {"key": "securities-exchange-act-of-1934", "type": "clause", "offset": [1223, 1254]}, {"key": "as-amended", "type": "definition", "offset": [1256, 1266]}, {"key": "existing-investors", "type": "definition", "offset": [1280, 1298]}, {"key": "at-any-time", "type": "clause", "offset": [1306, 1317]}, {"key": "ownership-of", "type": "clause", "offset": [1362, 1374]}, {"key": "outstanding-voting-stock", "type": "definition", "offset": [1394, 1418]}, {"key": "a-majority", "type": "clause", "offset": [1448, 1458]}, {"key": "board-of-directors-of-parent", "type": "definition", "offset": [1505, 1533]}, {"key": "current-board", "type": "clause", "offset": [1583, 1596]}, {"key": "by-directors", "type": "clause", "offset": [1639, 1651]}, {"key": "merger-or-consolidation", "type": "clause", "offset": [1672, 1695]}, {"key": "involving-parent", "type": "clause", "offset": [1696, 1712]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [1748, 1770]}, {"key": "outstanding-capital-stock", "type": "clause", "offset": [1784, 1809]}, {"key": "section-76", "type": "clause", "offset": [1879, 1890]}], "hash": "727860dee3ec0cdee92e23d5bd739285", "id": 8}, {"snippet": "shall have the meaning ascribed to such term in Section 1.2A(1) hereof.", "size": 1, "samples": [{"hash": "7jqSL3ucvPX", "uri": "/contracts/7jqSL3ucvPX#capex-advance", "label": "Loan Agreement (Bti Telecom Corp)", "score": 18.0, "published": true}], "snippet_links": [], "hash": "537730c6fe79b11690bd08a6f43fcf90", "id": 9}, {"snippet": "means any advance by the Lender to the Borrower as part of this Section 2.3A.", "size": 1, "samples": [{"hash": "lQHVbzlSUCq", "uri": "/contracts/lQHVbzlSUCq#capex-advance", "label": "Credit Agreement (Aly Energy Services, Inc.)", "score": 28.6769336071, "published": true}], "snippet_links": [{"key": "any-advance", "type": "clause", "offset": [6, 17]}, {"key": "by-the-lender", "type": "clause", "offset": [18, 31]}, {"key": "to-the-borrower", "type": "clause", "offset": [32, 47]}], "hash": "a208c7cc33d09d3b37ef8b8854ec586d", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIWY2FwZXgtYWR2YW5jZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "means any advance by a CapEx Lender to the Borrower as part of a CapEx Borrowing.", "size": 19, "title": "CapEx Advance", "id": "capex-advance", "examples": ["The obligation of each CapEx Lender to make a <strong>CapEx Advance</strong> on the occasion of each CapEx Borrowing shall be subject to the further conditions precedent set forth in Schedule IV.", "Requests may be made in writing or by telephone, specifying the date of the requested <strong>CapEx Advance</strong> and the amount thereof.", "The \u201cClass\u201d of an Advance refers to the determination of whether such Advance is a Revolving Advance, a Term Advance, a <strong>CapEx Advance</strong> or a Swing Line Advance.", "Each <strong>CapEx Advance</strong> shall be for the sole purpose of financing the purchase of equipment (other than liners and hoses) purchased on and after January 1, 2017 that, on the date of purchase has a useful life of at least two years.", "Lender shall make advances under the B Note to Borrower (each such advance, a \u201cFuture Advance\u201d) in an amount not to exceed $2,300,000 for Approved Capital Expenditures (the \u201cFuture <strong>CapEx Advance</strong> Commitment\u201d), and an amount not to exceed $13,900,000 for Approved Leasing Expenses (the \u201cFuture Leasing Advance Commitment\u201d and together with the Future <strong>CapEx Advance</strong> Commitment, collectively the \u201cFuture Advance Commitment\u201d) as set forth below.", "The Credit Agreement is hereby amended by adding the following new sentence to the end of Section 1.1(c)(i): Notwithstanding anything to the contrary set forth in this Agreement, the Lenders shall not be obligated to make, and the Borrower shall not request, more than one <strong>CapEx Advance</strong> in any Fiscal Month.", "The Borrower hereby agrees to pay the Lender a fully earned and non-refundable origination fee of $7,500, due and payable on the date of the initial <strong>CapEx Advance</strong>.", "Lender shall make advances under the B Note to Borrower (each such advance, a \u201cFuture Advance\u201d) in an amount not to exceed $3,600,000 for Approved Capital Expenditures (the \u201cFuture <strong>CapEx Advance</strong> Commitment\u201d), and an amount not to exceed $11,900,000 for Approved Leasing Expenses (the \u201cFuture Leasing Advance Commitment\u201d and together with the Future <strong>CapEx Advance</strong> Commitment, collectively the \u201cFuture Advance Commitment\u201d) as set forth below.", "Borrowers hereby give notice to Agents pursuant to Section [2.5.1]/[2.5.2]/[2.5.10]/[2.5.11] of the Loan Agreements that Borrower requests a[n] [Future Leasing Expense Advance] [Future Cap-Ex Advance] [Advance for Spec Buildout Expenses] [Advance for Make Ready Expenses] under the Loan Agreements and, in connection therewith, sets forth below the information relating to such proposed borrowing (the \u201cProposed Borrowing\u201d) as required by Article 2 of the Loan Agreements.", "Further, the amount of the <strong>CapEx Advance</strong> (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."], "related": [["sofr-advance", "SOFR Advance", "SOFR Advance"], ["loan-advance", "Loan Advance", "Loan Advance"], ["l-c-advance", "L/C Advance", "L/C Advance"], ["equipment-advance", "Equipment Advance", "Equipment Advance"], ["term-sofr-advance", "Term SOFR Advance", "Term SOFR Advance"]], "related_snippets": [], "updated": "2025-07-07T00:35:48+00:00"}, "json": true, "cursor": ""}}