Special Advance Amount definition

Special Advance Amount means $1,385,000 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.

  • For purposes of the foregoing calculation, for calendar year 2003 an amount equal to the product of (I) $10,000,000 multiplied by (II) a fraction, the numerator of which is the number of months during 2003 that the Special Advance Amount is outstanding and the denominator of which is 12 (the "2003 Maximum Amount") shall be substituted for $10,000,000 in such calculation.


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 (a) for the period commencing on the Third Amendment Effective Date and ending on the earlier of (i) January 31, 2000 or (ii) receipt by Lender of the Inventory Appraisal, $250,000 and (b) at all other times, $0.
Special Advance Amount means an amount equal to (i) $1,310,000 during the period January 11, 1999 through March 23, 1999 less the outstanding undrawn amount of the Special Letter of Credit, (ii) $1,910,000 during the period March 24, 1999 through April 13, 1999 less the outstanding undrawn amount of the Special Letter of Credit, and (iii) at all other times, $106,875 if the undrawn amount of the Special Letter of Credit is still outstanding and collateralized by the Special Letter of Credit Collateral and $0 if the Special Letter of Credit is not outstanding or is not collateralized by the Special Letter of Credit Collateral.
Special Advance Amount means (w) $2,400,000 during the First Special Advance Period, (x) during the Second Special Advance Period, the lesser of (I) $1,750,000 and (II) the difference between (a) $2,400,000 and (b) 65% of the net cash proceeds received by Best from the issuance of any Equity Interests, (y) during the Third Special Advance Period, the lesser of (I) $1,000,000 and (II) the difference between (a) $2,400,000 and (b) 65% of the net cash proceeds received by Best from the Successful Equity Offering and (z) $0 at all other times; provided that for the avoidance of doubt, if a Successful Equity Offering has not occurred on or prior to March 31, 2010, the Special Advance Amount shall be $0 at all times on and after such date.
Special Advance Amount means $10,000,00020,000,000 during the period commencing on the Amendment No. 57 Effective Date through and including December 31, 2017 and $0 at all other times.the Final Maturity Date; provided that such amount shall be reduced to $0 if any Loan Party formed under the laws of England and Wales or Funko UK incurs Indebtedness for borrowed money that is secured by a Lien on any assets of a Loan Party, Funko UK or any Subsidiary thereof.
Special Advance Amount means (a) during the Special Advance Period the lesser of (i) $1,000,000 in the aggregate at any one time and (ii) the product of (x) 10%, subject to the provisions of Section 2.1(b) ("Special Advance Rate"), and (y) the sum of (I) Accounts Receivable Availability plus (II) Inventory Availability and (b) $0 at all other times.