Initial Equipment Advance definition

Initial Equipment Advance is defined in Section 2.1.1(a).
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Initial Equipment Advance means the first Equipment Advance.
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Initial Equipment Advance has the meaning specified in Section 6.5 of the Participation Agreement.
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Examples of Initial Equipment Advance in a sentence

  • Equipment Advances may only be used to finance Eligible Equipment purchased within ninety (90) days (determined based upon the applicable invoice date of such Eligible Equipment) before the date of each Equipment Advance save that the Initial Equipment Advance may be used to finance Eligible Equipment purchased at any time after 1 January 2011.

  • If in relation to any claim in respect of Damage caused by theft or attempted theft, You have failed to fulfil any of the following conditions, You will lose Your right to indemnity or payment for that claim.

  • Under the First Amended and Restated Loan Agreement (the “Amendment”), the balance of$129,364 from the Original Loan remained outstanding as Initial Equipment Advance (Tranche 1) (the “Tranche 1 Advance”).


More Definitions of Initial Equipment Advance

Initial Equipment Advance is defined in Section 2.1.6.
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Initial Equipment Advance is defined in Section 2.1.2. "INITIAL EQUIPMENT ADVANCE REPAYMENT PERIOD" is twenty four (24) months.
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Initial Equipment Advance is the first Equipment Advance under the Committed Equipment Line.
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Related to Initial Equipment Advance

  • Equipment Advance is defined in Section 2.1.1.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.