Subsequent Advance means any disbursement to or on behalf of Borrower after the initial Advance under the Advance Note or the Revolving Line of Credit Promissory Note pursuant to the provisions of Section 2.1 and Section 2.2 hereof.

Subsequent Advance means any subsequent advance described in the Schedule;

Subsequent Advance has the meaning given such term in Section 2.1(a) of this Agreement.

Examples of Subsequent Advance in a sentence

Subject to the complete satisfaction of the conditions precedent set forth in Article VII with respect to such Ongoing Maintenance Advance and the limitations set forth in Section 2.1, the Lenders shall distribute funds in the amount set forth in such Subsequent Advance Acceptance to the Payment Account to be disbursed by the Securities Intermediary in accordance with the terms of the Account Control Agreement.
In such event, the non-participating Lenders shall be deemed to have waived any right to participate in such Subsequent Advance.
The representations and warranties of Borrower in this Agreement and the other Loan Documents shall be true, accurate, and complete in all material respects on the proposed funding date of the Subsequent Advance.
Borrower shall have paid (or provided for the payment of) all Lenders’ Expenses owing as of the Funding Date for such Subsequent Advance.
During the calendar quarter in which such Subsequent Advance is requested, Borrower shall have requested no more than one (1) other Subsequent Advance.

More Definitions of Subsequent Advance

Subsequent Advance has the meaning set forth in Section 2(b)(ii).

Subsequent Advance means each subsequent cash advance as set out in the Disclosure Statement and Subsequent Advances means the total of each Subsequent Advance you may borrow as set out in the Disclosure Statement.

Subsequent Advance has the meaning set forth in paragraph 2;

Subsequent Advance means any advance under the Loan following the Initial Advance.

Subsequent Advance has the meaning ascribed to it in Section 3.2.

Subsequent Advance means any Advance made following the Closing Date on account of the Commitment, which Advance may be disbursed in the sole and absolute discretion of Agent and the Lenders making such Advance upon the satisfaction of any conditions to a Subsequent Advance.

Subsequent Advance means, with respect to an Account, an additional borrowing by the related Borrower under the terms of such Account.