Minimum Amount of Each Advance definition

Minimum Amount of Each Advance. Each Eurodollar Advance shall be in the minimum amount of $1,000,000 (and in multiples of $500,000 if in excess thereof), and each Floating Rate Advance shall be in the minimum amount of $300,000 (and in multiples of $75,000 if in excess thereof), provided, however, that any Floating Rate Advance may be in the amount of the unused Aggregate Revolving Loan Commitment.
Sample 1
Minimum Amount of Each Advance. Each Advance (other than an Advance to repay a Swing Line Loan or Reimbursement Obligation) shall be in the minimum Dollar Amount of $5,000,000 (or the Approximate Equivalent Amount of any Agreed Currency other than Dollars or any Alternate Currency) and in Dollar Amount multiples of $1,000,000 (or the Approximate Equivalent Amount of any Agreed Currency other than Dollars or any Alternate Currency) if in excess thereof (or such other amounts as may be specified in the applicable Alternate Currency Addendum), provided, however, that any Floating Rate Advance may be in the amount of the unused Aggregate Tranche A Revolving Loan Commitment or Tranche B Revolving Loan Commitment, as the case may be.
Sample 1

Examples of Minimum Amount of Each Advance in a sentence

  • Minimum Amount of Each Advance............................................

  • Minimum Amount of Each Advance...............................................

  • Declining Lender.........................................................................33 2.4. Facility Fee; Reductions in Aggregate Commitment; Usage Fee..............................33 2.5. Minimum Amount of Each Advance; Maximum Number of Advances...............................34 2.6.

  • Termination 2.3. Types of Advances 2.4. Commitment Fee; Reductions in Commitment 2.5. Minimum Amount of Each Advance 2.6. Optional Principal Payments 2.7. Method of Selecting Types and Interest Periods for New Advances 2.8. Conversion and Continuation of Outstanding Advances 2.9. Terms Applicable to the Letters of Credit 2.9.1. Issuance of Letters of Credit 2.9.2. Letter of Credit Fees 2.9.3. Reimbursement of Letters of Credit 2.10.

  • Facility Fee, Utilization Fee; Reductions in Aggregate Commitment 2.5. Minimum Amount of Each Advance 2.6. Optional Principal Payments 2.7. Method of Requesting New Advances 2.8. Conversion of Outstanding Advances 2.9. Changes in Interest Rate, etc 2.10.

  • TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 ARTICLE II THE CREDITS 31 2.1. Commitment 31 2.2. Required Payments; Termination 32 2.3. Ratable Loans; Types of Advances 3032 2.4. Offer to Repay 3032 2.5. Commitment Fee 33 2.6. Minimum Amount of Each Advance 3133 2.7. Reductions in Aggregate Commitment; Optional Principal Payments 3133 2.8. Method of Selecting Types and Interest Periods for New Advances 34 2.9. Conversion and Continuation of Outstanding Advances; Maximum Number of Interest Periods 34 2.10.

  • Section 2.1. The Facility; Limitations on Borrowing 18 Section 2.2. Maturity Date 19 Section 2.3. Requests for Advances; Responsibility for Advances 19 Section 2.4. Evidence of Credit Extensions 19 Section 2.5. Ratable and Non Ratable Loans 19 Section 2.6. Applicable Margins and Fees 19 Section 2.7. Commitment Fee 20 Section 2.8. Other Fees 20 Section 2.9. Minimum Amount of Each Advance 20 Section 2.10.

  • THE CREDIT 32 2.1. Generally 32 2.2. Termination or Increase in Aggregate Commitment 33 2.3. Applicable Margins and Facility Fee 34 2.4. Final Principal Payment 36 2.5. Facility Fee 37 2.6. Other Fees 37 2.7. Minimum Amount of Each Advance 37 2.8. Principal Payments 37 2.9. Method of Selecting Types and Interest Periods for New Advances 38 2.10.

Related to Minimum Amount of Each Advance

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • 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).

  • 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.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Advance Rate means 80.0%.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

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

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • 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.

  • Revolving Advance has the meaning given in Section 2.1.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Maximum Amount means the Maximum Amount as specified in § 1 of the Product and Underlying Data.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Committed Revolving Line means a credit extension of up to Five Million Dollars ($5,000,000).

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(c). [Signature page follows.]

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).