Initial Advance

Example Definitions of "Initial Advance"
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.
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