Initial Advance

Initial Advance. Shall mean the amount of $200,000 advanced by Licensor to Periscope on October 6, 2000 for the procurement of goods that constitute Current Orders.

Initial Advance. Shall mean the first draw or disbursement made from the proceeds of the Loan.

Initial Advance. Shall mean the first advance under the Facility, which in any event shall be drawn down in an amount of CAD$10,000,000, subject to the conditions precedent set forth in paragraph 10 below;

Initial Advance. Shall mean the initial advance under the Loan in an amount equal to Eight Million Two Hundred Ninety Thousand and No/100 Dollars ($8,290,000.00).

Initial Advance. At closing, Lenders will advance One Thousand and 00/100 Dollars ($1,000.00). Prior to any subsequent Advances, Borrower shall have contributed all of its required equity in the amount of Thirteen Million Nine Hundred Seventeen Thousand One Hundred Eight Three and No/100 Dollars ($13,917,183.00).

Initial Advance. The meaning set forth in paragraph 2

Initial Advance. The amount of ELEVEN MILLION FIVE HUNDRED THOUSAND ($11,500,000) DOLLARS to be advanced on the date of Closing of the Loan

Initial Advance. Shall have the meaning assigned to such term in the Participation Agreement or the Participation Interest Purchase and Sale Agreement (as the case may be).

Initial Advance. With respect to an Account, the initial borrowing by the related Borrower under the terms of such account.