Initial Advance Rate definition

Initial Advance Rate means, with respect to each Purchased Asset, a rate as specified therefor on Exhibit XV hereto.

Initial Advance Rate means 96.0%.

Initial Advance Rate means a percentage equal to (i) the aggregate Initial Outstanding Note Balances of the Notes divided by (ii) the Aggregate Closing Date Collateral Balance.

Examples of Initial Advance Rate in a sentence

• Notwithstanding the foregoing, Debtor may pay an additional dividend as of Debtor’s fiscal year end not to exceed TEN MILLION AND NO/100 DOLLARS provided that (i) the Advance Rate at the time of payment shall be LESS than the Initial Advance Rate, (ii) such payment shall occur after DECEMBER 20, 2019, and (iii) Lender shall have consented to such dividend in its sole discretion.

• Extra Parking - Extra parking spaces in the common area are intended for use by guests or for limited use by homeowners who have more than two cars.

• Otherwise, please return your completed application materials along with the following items: • Cover letter• Professional Resume• Letter of recommendation from a faculty advisor or a professor All application materials should be received by my office at least one month prior to the date you wish to begin your internship.

• During the quarter ended December 31, 2017, the Company finalized an equipment loan in the amount of $40,000 repayable in monthly installments over five years at a fixed interest rate of 3.80%.

More Definitions of Initial Advance Rate

Initial Advance Rate means 42.5%.

Initial Advance Rate means 42.5%. “Insolvency Event” means, with respect to a specified Person, (a) the filing of a decree or order for relief by a court having jurisdiction in the

Initial Advance Rate means, on any day, 88%.

Initial Advance Rate means, on any day, [*].

Initial Advance Rate is equal to (i) the Initial Guaranteed Loan Balance divided by (ii) the Aggregate Closing Date Collateral Balance (expressed as a percentage).

Initial Advance Rate means 90.50%.

Initial Advance Rate is a rate per annum equal to greater of (i) the Prime Rate plus one and one-half percentage points (1.5%) and (ii) five percentage points (5%).