Common use of Incremental Funding Clause in Contracts

Incremental Funding. Any Advance made after the Initial Funding that increases the aggregate outstanding Capital hereunder. Independent Director: Defined in Section 5.2(o)(xxvii).

Appears in 8 contracts

Sources: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Incremental Funding. Any Advance made after the Initial Funding that increases the aggregate outstanding Capital hereunder. 129. Independent Director: Defined in Section 5.2(o)(xxvii).

Appears in 1 contract

Sources: Loan and Security Agreement (Credit Acceptance Corp)