REQUESTED ADVANCE AMOUNT Sample Clauses

The "Requested Advance Amount" clause defines the specific sum of money that a borrower is requesting to draw from a credit facility or loan agreement. In practice, this clause outlines the process by which the borrower must formally request an advance, often requiring written notice and adherence to any minimum or maximum draw amounts set by the lender. Its core function is to ensure clarity and structure in the disbursement of funds, preventing misunderstandings about the amounts being advanced and the procedures for accessing loaned capital.
REQUESTED ADVANCE AMOUNT. The principal amount of this Advance is requested to be $ .3
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REQUESTED ADVANCE AMOUNT. The principal amount of this Advance is requested to be $____________________.3
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REQUESTED ADVANCE AMOUNT. The principal amount of this Advance is requested to be
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REQUESTED ADVANCE AMOUNT. $_____________________2
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Related to REQUESTED ADVANCE AMOUNT

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • Amount of Borrowing Tranche Each Borrowing Tranche of Loans under the LIBOR Rate Option shall be in integral multiples of $500,000 and not less than $1,000,000; and

  • Loan Amount 5. ACCOUNT NAME(S) ............................................................................................................................................................................. BANK NAME / BRANCH ..................................................................................................................................................................

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this Second Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this Second Supplemental Indenture.