Future Advance Purchase definition

Future Advance Purchase shall have the meaning specified in Section 3(h) of this Agreement.
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Future Advance Purchase shall have the meaning specified in Section 3(h) of this Agreement. “GAAP” shall mean United States generally accepted accounting principles consistently applied as in effect from time to time.
Sample 1

Examples of Future Advance Purchase in a sentence

  • As of the date hereof, each Purchase Date, the date of any Future Advance Purchase and the date of any Margin Excess payment made to Seller, no Default or Event of Default exists under or with respect to the Transaction Documents.

  • Notwithstanding anything to the contrary contained in this Agreement, Administrative Agent, on behalf of Buyers, shall be under no obligation to make a Future Advance Purchase, and shall determine in its sole and absolute discretion, exercised in good faith, whether to proceed with any proposed Future Advance Purchase.

Related to Future Advance Purchase

  • Initial Advance means the first Advance made pursuant to Article II.

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Advance Date means the funding date of any Advance.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.