Special Advance Amount definition

Special Advance Amount means $1,650,000 during the Special Advance Period and $0 at all other times.

Special Advance Amount means $5,000,000 during the period commencing on the Amendment No. 5 Effective Date through and including December 31, 2017 and $0 at all other times.

Special Advance Amount means (w) $1,750,000, prior to December 21, 2010, ----------------------- (x) $1,856,250 from December 21, 2010 through and including February 28, 2011, (y) $1,750,000 from March 1, 2011 through and including March 30, 2011 and (z) $0 on and after March 31, 2011.

Examples of Special Advance Amount in a sentence

• Borrower shall pay to Agent for the ratable benefit of the Lenders, a special advance fee of $15,000 payable semi-annually, in advance, commencing on the Closing Date and on each six month anniversary thereof until the Special Advance Amount and the outstanding Special Advances shall have been permanently and irrevocably reduced to $0.

• At such time as the Special Advance Amount shall be permanently reduced to $0 and the Term Loan shall have been paid in full, Excess Cash Flow shall be distributed by Borrower (a) 80% to Xxxxxx Investments, Inc.

• At such time as the Special Advance Amount shall have been permanently reduced to $0, Excess Cash Flow shall be distributed by Borrower solely in accordance with the provisions of subclause (ii) above.

• The Special Advance Amount shall be automatically and permanently reduced, without notice, in an amount equal to such prepayment.

• Subject to the terms and conditions of this Agreement, Lender shall, solely during the Special Advance Period, make Revolving Advances constituting Special Advances available to Borrower in an amount not to exceed at any time outstanding the Special Advance Amount.

More Definitions of Special Advance Amount

Special Advance Amount means (a) for the period commencing on the Fourth Amendment Effective Date and ending on September 1, 2000, the lesser of (i) $500,000 or (ii) 50% of the value (as determined by Lender) of Eligible Unbilled Accounts of Borrower and Video and (b) at all other times, $0.”

Special Advance Amount means an amount equal to (i) $400,000 during the period January 21, 1998 through July 31, 1998, (ii) $600,000 during the period August 1, 1998 through December 31, 1998 and (iii) $0 at all other times.

Special Advance Amount means, at any time during July 1999 and August 1999, the lesser of (a) the amount which equals the product of ninety-five percent (95%) of Eligible Finished Goods Inventory and Eligible Raw Materials minus the Borrowing Base Inventory Availability and (b) $10,000,000 during July 1999 and $10,000,000 during August 1999; provided, however, (i) upon receipt of Net Cash Proceeds from one or more Asset Sales in an amount of up to $10,000,000 in the aggregate or (ii) if the Commitments are permanently reduced pursuant to Section 3.01, each such Special Advance Amount shall be reduced, on a dollar for dollar basis, at such time and for all times thereafter, by the amount of such Net Cash Proceeds or such permanent reduction, as the case may be."

Special Advance Amount means (i) from the Amendment No. 1 Effective Date through June 30, 2001, $10,000,000, (ii) from July 1, 2001 through July 31, 2001, $9,500,000, (iii) from August 1, 2001 through August 31, 2001, $9,000,000, (iv) from September 1, 2001 through September 29, 2001, $8,500,000, and (v) thereafter, $0.

Special Advance Amount means the lesser of (a) the amount which equals the product of ninety-five percent (95%) of Eligible Finished Goods Inventory and Eligible Raw Materials minus the Borrowing Base Inventory Availability and (b) $5,000,000 during any month of June; $20,000,000 during any month of July; $30,000,000 during any month of August; and $10,000,000 during any month of September; provided, however, (i) upon receipt of Net Cash Proceeds from one or more Asset Sales in an amount of up to $10,000,000 in the aggregate or (ii) if the Commitments are permanently reduced pursuant to Section 3.01, each Special Advance Amount shall be reduced, on a dollar for dollar basis, at such time and for all times thereafter, by the amount of such Net Cash Proceeds or such permanent reduction, as the case may be.

Special Advance Amount. $1,000,000 solely during the period commencing January 4, 1999 and ending on the earlier of (a) February 26, 1999 and (b) any earlier date as set forth in a notice from Borrower to Lender and $0 at all times thereafter.

Special Advance Amount means the amount set forth below for each applicable period set forth below: Period Amount Third Amendment Effective Date through and including April 29, 2022 $10,000,000.00 April 30, 2022 through and including May 30, 2022 $ 9,166,666.67 May 31, 2022 through and including June 29, 2022 $ 8,333,333,34 June 30, 2022 through and including July 30, 2022 $ 7,500,000.00 July 31, 2022 through and including August 30, 2022 $ 6,666,666.67 August 31, 2022 through and including September 29, 2022 $ 5,833,333.34 September 30, 2022 through and including October 30, 2022 $ 5,000,000.00 October 31, 2022 through and including November 29, 2022 $ 4,166,666,67 November 30, 2022 through and including December 30, 2022 $ 3,333,333,34 December 31, 2022 through and including January 30, 2023 $ 2,500,000.00 January 31, 2023 through and including February 27, 2023 $ 1,666,666.67 February 28, 2023 through and including March 30, 2023 $ 833,333.34