Special Advances as defined in Section 2.2(e)(iii) .
Special Advances has the meaning set forth in Section 2.3(d)(iii) of this Agreement.
Special Advances means those Revolving Credit Advances in excess of the Borrowing Base with the Borrowing Base being determined as if the Special Advance Amount was $0.
Examples of Special Advances in a sentence
In no event shall the Indenture Trustee, as successor Servicer, be liable for the payment of the Special Advances.
The Special Advances shall be made without regard to recoverability, and shall not be reimbursable.
Interest on Special Advances shall be payable at the Interest Rate then applicable to Prime Rate Loans.
Prior to Settlement with respect to any Special Advances, all payments on the Special Advances shall be payable to the Administrative Agent solely for its own account.
All Advances (other than Swingline Loans and Special Advances) shall be made by the Appropriate Lenders contemporaneously and in accordance with their Pro Rata Shares.
More Definitions of Special Advances
Special Advances means, collectively, (i) the portion of the Revolving Notes issued on September 28, 2012 and October 1, 2012 in the original principal amount of $1,000,000 in the aggregate, the portion of the Revolving Notes issued after the First Amendment Effective Date and prior to the Second Amendment Effective Date in the original principal amount of $1,000,000, (ii) the portion of the Revolving Notes issued on the Third Amendment Effective Date in the original principal amount of $3,184,599, which is comprised of an advance of $3,100,000 to the Borrowers on or about February 27, 2013, plus accrued but unpaid interest thereon in the amount of $84,599 (the “February 2013 Special Advance”) and (iii) the portion of the Revolving Notes issued on the Fourth Amendment Effective Date in the original principal amount of $2,000,000 (the “April 2013 Special Advance”).
Special Advances means the portion of the Revolving Notes issued on September 28, 2012 and October 1, 2012 in the original principal amount of $1,000,000 in the aggregate, together with the portion of the Revolving Notes issued after the First Amendment Effective Date in the original principal amount of $1,000,000 in the aggregate.
Special Advances has the meaning specified therefor in Section 2.3(d)(iii) of this Agreement. “ Specified Equity Contribution ” means cash equity contributions (which if in the form of preferred equity shall be on terms and conditions reasonably acceptable to Agent) made directly or indirectly by a Person (other than a Loan Party) to Parent as a cash equity contribution in accord ance with Section 7.2 , which equity contribution is added to EBITDA for the purposes of calculating compliance with Section 7.1 .. “ Specified Event of Default ” means (a) any Event of Default arising under Section 8.1 of the Agreement, (b) any Event of Defaul t arising under Section 8.4 of the Agreement, (c) any Event of Default arising under Section 8.5 of the Agreement, (d) any Event of Default arising under Section 8.2(a) of the Agreement resulting from the failure to comply with Section 5.2 of the Agreement (with respect to delivery of each of the items set forth in clauses (a) through (h) of Schedule 5.2 to the Agreement), (e) any Event of Default arising under Section 8.2(a) of the Agreement resulting from the failure to comply with Section 7(k) of the Gua ranty and Security Agreement, (f) any Event of Default arising under Section 8.2(a) arising from the failure to comply with Section 7 of the Agreement and (g) any Event of Default arising under Section 8.7 of the Agreement resulting from any representation or warranty under Section 4.22 of the Agreement being untrue. “ Specified Representations ” means the representations and warranties made by the Parent and its Subsidiaries in Section 4.1(a)(i), 4.2(a), 4.2(b)(i) (as it relates to no conflict with the Xxxxx ning Documents of any Loan Party and laws or regulations applicable to any Loan Party), 4.2(b)(ii) (as it relates to no conflict with Material Contracts that relate to Indebtedness), 4.4(a) (in each case, as it relates to the due authorization, execution, delivery and performance of the Loan Documents and enforceability thereof), 4.4(b), 4.9, 4.13, 4.16, 4.17 or 4.18 of this Agreement. “ Standard Letter of Credit Practice ” means, for Issuing Bank, any domestic or foreign law or letter of credit practices app licable in the city in which Issuing Bank issued the applicable Letter of Credit or, for
Special Advances means Advances made in excess of availability determined by the sum of the amounts derived from Sections 2.1(a)(y)(i) plus (ii) plus (iii) minus (vi) hereof, not to exceed at any time the Special Advance Amount.
Special Advances means the portion of the Revolving Loans that exceed $60,000,000 and/or are attributable to advances against clauses (iv) and/or (v) of Section 1.2 of the Schedule to the Agreement. For purposes hereof, Revolving Loans shall be deemed made first, against clauses (i), (ii) and (iii) of Section 1.2 of the Schedule and then against clauses (iv) and (v), and payments shall be deemed to be made first against Special Advances and then against the other Revolving Loans.
Special Advances means advances by Purchaser, in Purchaser’s sole discretion, to Seller in excess of the Down Payment.
Special Advances. Credit we may extend to you in the form of Promotional Balance Transfers or Promotional Checks.