Closing Date Advance definition

Closing Date Advance has the meaning set forth in Section 1.1(a).

Closing Date Advance means the Loans made on the Closing Date for payment of the Closing Fee and payment of all reasonable and documented out-of-pocket fees, costs, and expenses of Agent (including the reasonable fees and expenses of Agent’s counsel) incurred in connection with the preparation, negotiation, execution, and delivery of the Loan Documents.

Closing Date Advance means an advance in an amount equal to all outstandings (other than the GIL Accrued Interest) under the GIL Facility on the Closing Date, to be made available by the Lender hereunder, subject to the terms hereof, on the Closing Date.

Examples of Closing Date Advance in a sentence

• Notwithstanding the foregoing, in the case of the Additional Advance Notice delivered in connection with the IPO Closing Date Advance, the time of day by which such notice shall be delivered shall be prior to 12:00 noon (California time).

• From and after the Initial Closing Date Advance and the Acquisition Advance and as otherwise more fully described below, and not in limitation of the other conditions precedent of Section 5.4, the Lessor Parties shall have no obligation to fund a Requisition unless the Construction Consultant has approved the funding of such Requisition, such approval not to be unreasonably withheld or delayed.

• Subject to Section 2.2(b), the principal amount outstanding under the Growth Capital Advances shall accrue interest, which interest shall be payable monthly, in arrears, in accordance with Section 2.2(e) below, at a fixed per annum rate equal to (i) with respect to the Closing Date Advance, 8.55%, and (ii) with respect to the Tranche 2 Advance, the LIBOR Rate, as of the Funding Date of the Tranche 2 Advance, plus the LIBOR Margin.

• The Incremental Facilities shall rank pari passu in right of payment and security with the Closing Date Advance.

• The Administrative Agent shall have received a Borrowing Request (including (i) a confirmation that the Collateral Packages for the Subject Policies have been uploaded to the FTP Site and (ii) a Borrowing Base Certificate) for the Second Amended and Restated Closing Date Advance (which may be an electronic or facsimile transmission).

More Definitions of Closing Date Advance

Closing Date Advance shall have the meaning given to such term in Section 5.3 of the Participation Agreement.

Closing Date Advance means the Advances made on the Closing Date pursuant to Section 2.01.

Closing Date Advance and "Closing Date Advances" shall have the respective meanings set forth in Section 2.1 hereof.

Closing Date Advance is defined in Section 2.1.

Closing Date Advance means the Advance made pursuant to Section 2.1(a) on the Effective Date in an aggregate principal amount equal to $23,411,368.67.

Closing Date Advance means the sum of One Hundred and Fifty Thousand Dollars ($150,000); which sum consists of: (a) $40,000 previously advanced to the Borrower in July 2009, and (b) the $110,000 initial Advance to be made by the Lenders to the Borrower on the Closing Date.

Closing Date Advance means the Advance made by Lender to Borrower -------------------- on the Closing Date in the amount of $15,000,000.