Outstanding Advance Amount definition

Outstanding Advance Amount means, on any date of determination and any SF Property with respect to which any Advance has been made hereunder, (i) with respect to the Class A Advances, the aggregate outstanding principal balance of all outstanding Class A Advances as of such date, and(ii) with respect to the Class B Advances, the aggregate outstanding principal balance of all outstanding Class B Advances as of such date; provided, that the “Outstanding Advance Amount” with respect to any SF Property subject to an Optional Repayment in accordance with Section 2(g)(ii), shall be zero after receipt by Administrative Agent of the full Repayment Amount therefor and the application of such Repayment Amount by Paying Agent pursuant to Section 2(g)(ii), and Paying Agent shall use commercially reasonable efforts to complete such application within two (2) Business Days of remittance of such Repayment Amount to the Collection Account pursuant to Section 2(g)(ii).
Outstanding Advance Amount means, on any date of determination and any SF Property with respect to which any Advance has been made hereunder, (i) with respect to the Class A Advances, the aggregate outstanding principal balance of all outstanding Class A Advances as of such date, and (ii) with respect to the Class B Advances, the aggregate outstanding principal balance of all outstanding Class B Advances as of such date; provided, that the “Outstanding Advance Amount” with respect to any SF Property subject to an Optional Repayment in accordance with Section 2(g)(ii), shall be zero after receipt by Administrative Agent of the full Repayment Amount therefor and the application of such Repayment Amount by Paying Agent pursuant to Section 2(g)(ii), and Paying Agent shall use commercially reasonable efforts to complete such application within two (2) Business Days of remittance of such Repayment Amount to the Collection Account pursuant to Section 2(g)(ii).
Outstanding Advance Amount means, on any date of determination and any Financed Property with respect to which any Advance has been made hereunder, the outstanding principal amount of such Advance relating to such Financed Property on such date.

Examples of Outstanding Advance Amount in a sentence

  • For the avoidance of doubt, the Outstanding Advance Amount shall be reduced upon the payment of, and in the amount of, such Repayment Amount.

  • To the extent the Net Sale Proceeds for a Financed Property are less than the Outstanding Advance Amount for such Financed Property, the Borrower shall remit the difference between the Outstanding Advance Amount and the Net Sale Proceeds into the Collection Account within two (2) Business Days of the sale of such Financed Property (such difference, the “Net Sale Proceeds True-up Amount”).

  • The Conversion Shares shall be in whole shares of Common Stock rounded down to the nearest whole share, and any fractional amount shall continue to be an Outstanding Advance Amount.

  • Any Outstanding Advance Amount not subject to the Conversion Rights shall be repaid on the Maturity Date, or, in the case of an Acceleration Event, on the Acceleration Date.

  • By way of example, if the Outstanding Advance Amount on any day is $8,900,000, then in addition to all other amounts owing hereunder, additional interest shall also be deemed to accrue (at the interest rate otherwise due for a Base Rate Loan) on an amount equal to $1,100,000 (i.e., $10,000,000 less $8,900,000).

  • Subject to Section 3.04, the Borrower shall have the right to prepay the Outstanding Advance Amount of the Senior Facility Lenders, so long as the aggregate amount of any such prepayment equals at least US$10 million and subject to payment of the premium set forth in the relevant Senior Loan Document, if any, in whole or in part on any Payment Date upon at least 60 days' prior notice.

  • With respect to any SF Property proposed to be financed, the aggregate requested Class A Outstanding Advance Amount with respect to such SF Property proposed to be financed will not cause a Concentration Limit to be breached;(xi) Post-Renovation Incremental Draw.

  • By way of example, if the Outstanding Advance Amount on any day is $8,900,000, then in addition to all other amounts owing hereunder, additional interest shall also be deemed to accrue (at the interest rate otherwise due for a Base Rate Loan) an amount equal to $1,100,000 (i.e., $10,000,000 less $8,900,000).

  • Sunnybrook of Muscatine Operator ARHC SMMTEIA01 TRS, LLC Manager Muscatine Care Properties LLC Affiliated Property Operator(s) Yes – All Operators listed above are Affiliated Property Operator(s) No Maximum Permitted Equipment Financing Two percent (2%) of the Outstanding Advance Amount.

  • For the avoidance of doubt, the Outstanding Advance Amount shall be reduced upon the payment of, and in the amount of, such amounts paid pursuant to this Section 2(h)(ii)(A).


More Definitions of Outstanding Advance Amount

Outstanding Advance Amount means, on any date of determination as to any Lender, the aggregate amount of outstanding Loans by such Lender hereunder.
Outstanding Advance Amount means any one of them";
Outstanding Advance Amount means as at any date all amounts outstanding on such date (calculated in Dollars) advanced (including any Advance made on such date) to all Affiliated Companies by Motorola Credit Corporation or any other Motorola Entity (or any other Person to the extent the advance made by such Person is guaranteed by Motorola Credit Corporation or any other Motorola Entity) or any such other Person pursuant to this Agreement or the Vendor Financing Agreement or any other agreement in effect between any Motorola Entity (or any such other Person) and any of the Affiliated Companies, in each case that relates to iDEN, but excluding amounts advanced by any Motorola Entity to any Affiliated Company which advances have been sold to a non-Motorola Entity by such Motorola Entity without recourse to the seller.
Outstanding Advance Amount means, on any date of determination and any SF Property with respect to which any Advance has been made hereunder, (i) with respect to the Class A Advances, the aggregate outstanding principal balance of all outstanding Class A Advances as of such date, and
Outstanding Advance Amount with respect to each Senior Facility Lender, the sum of its Outstanding Base Amount and, if applicable, its Outstanding Stand-By Amount and, with respect to the Bonds, the corresponding Outstanding Bond Amount. OUTSTANDING BASE AMOUNT: on any date, with respect to each Senior Facility Lender, the aggregate unpaid amount, on such date, of all Base Advances made by such Senior Facility Lender. OUTSTANDING BOND AMOUNT: on any date, with respect to the Bonds, the principal amount of Bonds outstanding on such date. OUTSTANDING STAND-BY AMOUNT: on any date, with respect to each Commercial Bank, the aggregate unpaid amount, on such date, of all Stand-By Advances made by such Commercial Bank. PARENT COMPANIES: collectively, PDC, SMM, SC and BVN. PARTIAL COMPLETION: for purposes of the Completion Guarantee, the partial completion of the Sulfide Project which shall occur upon the delivery by the Issuer to the Administrative Agent of (i) the certificates and other documents listed in clauses (a) and (b) of Section 2.02 of the Completion Guarantee and (ii) the Non-Variable Certificates (which certificates are those listed in clauses (c) through (h) of Section 2.01 of the Completion Guarantee).
Outstanding Advance Amount with respect to each Senior Facility Lender, the sum of its Outstanding Base Amount and, if applicable, its Outstanding Stand-By Amount and, with respect to the Peruvian Bonds, the corresponding Outstanding Bond Amount.

Related to Outstanding Advance Amount

  • Maximum Advance Amount in respect of each Advance Notice means the greater of: (i) an amount equal to 100% of the average Daily Traded Amount during the five Trading Day immediately preceding an Advance Notice, or (ii) 5,000,000 Common Shares.

  • 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.

  • Advances Outstanding On any day, the aggregate principal amount of all Advances outstanding on such day, after giving effect to all repayments of Advances and the making of new Advances on such day.