Examples of Tranche 1 Advances in a sentence
Notwithstanding anything in this Agreement to the contrary, the Borrower shall not optionally prepay any Tranche 1 Advances or Tranche 2 Advances while any Tranche 3 Advances are outstanding.
The amount of the payment cannot be less than the minimum amounts set by Health and Safety Code§8738 ($2.25 a square foot for each grave), but can be more.
The Growth Capital Tranche 1 Advances, once repaid, may not be reborrowed.
Notwithstanding anything in this Agreement to the contrary, the Borrower shall not optionally prepay any Tranche 1 Advances, Tranche 2 Advances or Tranche 3 Advances while any Tranche 4 Advances are outstanding.
Any Growth Capital Tranche 1 Advances that are outstanding on the Growth Capital Tranche 1 End Date shall be payable in thirty (30) equal monthly installments of principal, plus all accrued interest, beginning on November 10, 2010, and continuing on the same day of each month thereafter through the Growth Capital Tranche 1 Maturity Date, at which time all amounts owing under the Growth Capital Tranche 1 Advances shall be immediately due and payable.
Advance that constitutes a Tranche 1 Advance may remain outstanding for more than an aggregate of eighteen months from the date any Tranche 1 Advance is made, and all Tranche 1 Advances and Tranche 2 Advances must be repaid in full on or prior to the eighteen month anniversary of the first funding of any Tranche 1 Advance (the "Tranche 1 Availability Period").
On or before the earlier of (i) August 24, 2009, and (ii) the receipt by the Parent or any of its Affiliates of proceeds from a Debt issuance or offering of Equity Interests by the Parent or any of its Subsidiaries, the Top-Up Tranche 1 Advances shall be prepaid in an amount equal to $6,900,000.
The aggregate principal amount of the Top-Up Tranche 1 Advances shall be payable in equal quarterly installments determined by the Facility Agent (and the Facility Agent shall promptly notify each Lender of such amortization schedule) on each of the consecutive quarterly Payment Dates occurring during the tenor of the applicable Drilling Contract pursuant to which such Top-Up Tranche 1 Advances were made.
Subject to the terms and conditions of this Agreement and the achievement of the Clinical Milestone, beginning upon the earlier of (i) the drawing of 100% of the Term Commitment in respect of the Tranche 1 Advances or (ii) September 30, 2023, Borrower may request, and the Lenders shall severally (and not jointly) make, in each case on or prior to December 31, 2023, one Term Loan Advance in an aggregate principal amount of Fifteen Million Dollars ($15,000,000) (the “Tranche 2 Advance”).
The contracting officer shall not make blanket determinations to delay awards pending DLA controlling authority approval.