Initial Term Advance definition

Initial Term Advance means a borrowing hereunder consisting of the aggregate amount of the Initial Term Loans (i) made by the Initial Term Lenders on the same Borrowing Date or (ii) converted or continued by the Initial Term Lenders on the same date of conversion or continuation, consisting, in either case, of the aggregate amount of the Initial Term Loans of the same Type and, in the case of Eurocurrency Loans, for the same Interest Period.
Initial Term Advance means each term advance made on the First Assignment Date by the Issuer to the LLP from the proceeds of the first issue of Covered Bonds pursuant to the Intercompany Loan Agreement;
Initial Term Advance has the meaning specified in Section 2.01(a).

Examples of Initial Term Advance in a sentence

  • Unless the context requires otherwise, a reference to an Initial Term Facility or an Initial Term Advance shall, in this section of this document, include a Further Term Facility granted or a Further Term Advance given, in each case, to a Borrower.

  • A reference to a “Term Facility” in this document is, unless the context requires otherwise, to an Initial Term Facility, a Further Term Facility and/or a New Term Facility and a reference to a “Term Advance” in this document is, unless the context requires otherwise, to an Initial Term Advance, a Further Term Advance and/or a New Term Advance and a reference to a “Term A1 Advance”, a “Term A2 Advance”, a “Term A3 Advance” or a “Term B Advance” shall be construed accordingly.

  • Prepayment of Additional Term Advances and Purchase of Additional Notes The terms, if any, on which any Further Term Advance may be prepaid shall be substantially the same terms (as set out above and under the section entitled “Covenants regarding Disposal of Mortgaged Properties and Related Matters ­ Application of Proceeds of Disposals of a Mortgaged Property” below) as those on which any Initial Term Advance may be prepaid.

  • Final Redemption Each Initial Term Advance will be repayable in full on the relevant Final Maturity Date, together with all accrued interest and any other outstanding amounts, unless repaid or discharged in full earlier pursuant to the Issuer/Borrower Facility Agreement.

  • Repayment Scheduled Redemption Each Initial Term Advance will be repayable in instalments in accordance with a repayment schedule, the amounts of which exactly correspond to the amounts specified in the schedule for the repayment of principal on the corresponding class of Notes, as set out in Condition 7(b) (Redemption, Purchase and Cancellation ­ Scheduled Mandatory Redemption in Part).


More Definitions of Initial Term Advance

Initial Term Advance means any advance made under an Initial Term Facility;
Initial Term Advance has the meaning specified in Section 2.2."
Initial Term Advance means the term advance made by any Lender on the Effective Date.”
Initial Term Advance is defined in Section 2.1.1(a).
Initial Term Advance means a borrowing hereunder consisting of the aggregate amount of the Initial Term Loans (i) made by the Initial Term Lenders on the same Borrowing Date or (ii) converted or continued by the Initial Term Lenders on the same date of conversion or continuation, consisting, in either case, of the aggregate amount of the Initial Term Loans of the same Type and, in the case of Term SOFR Loans, for the same Interest Period.
Initial Term Advance means the Term Advance in the amount of $1,150,000 disbursed to MediVision as of the date of this Agreement in accordance with the Note and this Agreement.
Initial Term Advance means the initial Loan made by the Lenders on the Closing Date in the Initial Term Advance Amount, as provided in Section 2.01(a).