Subsequent Advances. There are no subsequent advances under this Agreement. This means the full loan is paid to you in one lump sum.

Subsequent Advances has the meaning assigned to that term in Section 2.6(d)(iii).

Examples of Subsequent Advances in a sentence

The obligation of Borrower to repay the unpaid principal amount of and all PIK Interest on the Loans shall be evidenced by one or more Notes, or in the case of Subsequent Advances addendums to the applicable original Notes issued to the Lenders in connection with the first Subsequent Advance.
Notwithstanding the foregoing, to the extent that as of any Funding Request Notice Date (as defined in Section 2.5 below) the Company has filed (and not withdrawn) a registration statement on Form S-1 (or any successor or similar form) with the Securities and Exchange Commission for a public offering of securities, the Company may at its discretion limit participation in the Subsequent Advances to the Lenders set forth on Schedule I-A.
You can only borrow Subsequent Advances up to the total amount of subsequent cash advances set out in the Disclosure Statement.
Borrower’s execution and delivery to each of the Lenders of a Note (or in the case of Subsequent Advances an addendum to the original Note issued to the applicable Lender) shall be Borrower’s agreement to the terms and calculations thereunder and hereunder with respect to the Advance made by such Lender.
In no event shall a Lender be deemed a Defaulting Lender if the Lender is unable to make a Subsequent Advance because the Company limits participation in the Subsequent Advances to the Lenders on Schedule I-A pursuant to Section 2.1(a) above.

More Definitions of Subsequent Advances

Subsequent Advances means the amount specified as subsequent advances in the initial disclosure statement and if you have a multi-drawdown loan, it can mean each part of the total subsequent advances that is advanced on request in accordance with clause 1.5 of these terms.

Subsequent Advances means Advances made after loan closing to, or on behalf of, a Borrower and/or Mortgagor under a Loan.

Subsequent Advances. There are no subsequent advances under this Method of Charging Interest:

Subsequent Advances means any Advance made after the First Advance.

Subsequent Advances shall have the meaning set forth in Section 2.2 hereof.

Subsequent Advances means individually and collectively all Advances hereunder after the Initial Advance.

Subsequent Advances. There are no subsequent advances under this Agreement.