Special Advance Amount definition

Special Advance Amount means $1,900,000 during the First Special Advance Period, $2,150,000 during the Second 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 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.

Examples of Special Advance Amount in a sentence

• 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.

• 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 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 provisions of this Agreement, Borrowers may request Advances under the Revolving Facility up to and including the value, in U.S. Dollars, of the sum of (i) eighty five percent (85%) of the Borrowing Base plus (ii) the Special Advance Amount minus (iii) if applicable, amounts reserved pursuant to this Agreement (such calculated amount being referred to herein as the "Availability").

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 (w) $1,900,000 during the First Special Advance Period, (x) $2,150,000 during the Second Special Advance Period, (y) $1,000,000 during the Third Special Advance Period 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 February 27, 2010, the Special Advance Amount shall be $0 at all times on and after such date.

Special Advance Amount in its entirety to provide as follows:

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 (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. (b) The Borrowers covenant and agree that the incremental availability created by the increase in the Special Advance Amount for the period contemplated by this Agreement will be used solely for the purpose of mobilizing to rigs to the Eagle Ford in South Texas and, if requested by Agent, Borrowers will provide a certification to Agent that the incremental availability is being used for such purpose. For the avoidance of doubt, it is understood and agreed that (x) the terms and conditions of any issuance of convertible subordinated notes issued by Best shall be satisfactory to Agent in all respects and (y) all proceeds received by Borrowers from an issuance of any convertible subordinated notes shall be utilized to repay Revolving Advances with a concurrent reduction of the Special Advance Amount.

Special Advance Amount is hereby deleted in its entirety.

Special Advance Amount means (w) $1,750,000, prior to December 21, 2010, ----------------------- (x) $1,856,250 from December 21, 2010 through and including January 31, 2011, (y) $1,750,000 from January 15, 2011 through and including March 30, 2011 and (z) $0 on and after March 31, 2011.