Minimum Advance definition

Minimum Advance shall have the meaning as that term is defined in Section 2.3(a).
Minimum Advance means €20,000,000. "Minimum Denomination" means:
Minimum Advance means $500,000 or an integral multiple of $100,000 in excess thereof. Note Agreement has the meaning ascribed to it in the definition of Noteholder below. Noteholder means, collectively, the holders from time to time of the 6.85% Senior Secured Notes due June 30, 2003 (the "Senior Notes"), issued by the Borrower pursuant to the Note Purchase Agreement or Agreements dated June 25, 1998 between the Borrower and the purchasers named therein (collectively, as amended from time to time, the "Note Agreement"). Notes shall have the meaning assigned to such term in Section 2.6 hereof. Obligations means, as at any date of determination thereof, the sum of the following: (i) the aggregate principal amount of Loans outstanding hereunder on such date, plus (ii) the aggregate amount of the outstanding Letter of Credit Liabilities hereunder on such date, plus (iii) all other outstanding liabilities, obligations and indebtedness of any Obligor under any Loan Document on such date.

Examples of Minimum Advance in a sentence

  • The Minimum Advance Royalty shall be paid for so long as this Lease is in force and without regard to mining, production or sale of minerals on or from the claims.

  • All cumulative Minimum Advance Royalty payments paid by Lessee to Lessor under this Lease will be credited against any Production Royalty due Lessor under section B of this Article V and any Production Royalty due Lessor after purchase of the claims under Article XXVIII.

  • The Minimum Advance requirement does not apply to interest accrued.

  • Lessee shall have as a credit against the purchase price all Production Royalty payments paid by Lessee to Lessor, except that the credit shall not include Minimum Advance Royalty payments which have not been recouped by Lessee from the payment of Production Royalty payments.

  • For the avoidance of doubt, after Borrower reduces the LTV ratio as a result of a Collateral Shortfall to be less than or equal to the Minimum Advance Rate or Mid-Point Advance Rate, as applicable, Borrower shall have no obligation to maintain the LTV Ratio at such Minimum Advance Rate or Mid-Point Advance Rate, as applicable, for so long as no subsequent Collateral Shortfall occurs.


More Definitions of Minimum Advance

Minimum Advance means $2,000,000.
Minimum Advance means $500,000 or an integral multiple of $100,000 in excess thereof.
Minimum Advance means an amount equal to One Hundred Thousand Dollars ($100,000).
Minimum Advance. Amount" — $2,000. 1.30. "Minimum Funding Fee" —$100.
Minimum Advance means an amount not less than One Million Dollars ($1,000,000.00).
Minimum Advance means the minimum amount that Borrower may request as an Advance in connection with any item of Financed Inventory, as set forth in the Operative Schedule 1.
Minimum Advance. Each Advance under this agreement must be a minimum of:  $100,000 for the Initial Advance (or $10,000 for a further Advance);  the undrawn balance of the Facility Limit (if the undrawn balance available to you is less than the relevant amount specified above); or  such other amount as we may agree from time to time.