Second Advance definition

Second Advance has the meaning given to it in Section 2.1(a).

Second Advance. (a) in relation to the Andros Ship and the Andros Tranche, means the Andros Second Advance;

Second Advance means the second Advance to be made by the Lenders severally to the Borrower in the principal amount of US$5,000,000 (the "Second Advance Commitment") in accordance with this Agreement, as such amount may be amended from time to time in accordance herewith;

Examples of Second Advance in a sentence

• As per the Second Advance Estimate of National Income, 2016-17 released by Ministry of Statistics & Programme Implementation on February27th 2017, Annual GDP at constant (2011-12) pricesis expected to grow at the rate of 7.1% for financial 2016-17.

• The Fannie Facility Second Advance may be prepaid without prepayment or yield maintenance beginning December 1, 2027.

• The Fannie Facility Second Advance matures on March 1, 2028 and bears interest at the 30-day average SOFR plus 2.70%, subject to an interest rate cap, with interest-only payments through March 2023 and then monthly payments based on thirty-year amortization.

• Foodgrain Production As per Second Advance Estimates for 2020-21, total Foodgrain production in the country is estimated at record 303.34 million tonnes which is higher by 5.84 million tonnes than the production of foodgrain of 297.50 million tonnes achieved during 2019-20.

• The growth of India’s real GDP in 2019-20 is estimated at 5.0 per cent (Second Advance Estimates) as compared to 6.1 per cent (First Revised Estimates) in 2018-19.

More Definitions of Second Advance

Second Advance is defined in Section 2.2(a).

Second Advance means the term loan from Lender to Borrower in the principal amount of Two Million Dollars ($2,000,000) to be made, subject to the terms and conditions hereof, on the Second Advance Date.

Second Advance means the second Advance under the Note, which shall be made in accordance with, and subject to the conditions of, Section 2.2 and Section 4.2.

Second Advance. The second installment of the Loan funded by the Lender in the amount of Four Million Two Hundred Fifty Thousand Seven Hundred Eighty-seven Dollars ($4,250,787).

Second Advance means an advance under the Credit Facility to the Borrower to be made pursuant to Section 4.2.

Second Advance means the $5,000,000 Advance referenced as Section 2.1(b);

Second Advance means the advance of funds, in an aggregate principal amount of $395,000, after the Closing Date upon the fulfillment of the conditions set forth in SECTION 4.2, pursuant to and in fulfillment of the Lender's obligation to lend funds to the Borrower pursuant to SECTION 2.1.