Administrative Advances definition

Administrative Advances. As defined in Section 3.23(b).
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Administrative Advances shall have the meaning set forth in the Lead Securitization Servicing Agreement.
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Examples of Administrative Advances in a sentence

  • The Servicer or the Trustee, as applicable, shall not be responsible for advancing Monthly Payment Advances or Administrative Advances with respect to the Companion Loans.

  • Parent and Borrowers have certain other arrangements that may be classified under Permitted Administrative Advances and Permitted Other Distributions pursuant to which goods and services are exchanged between Parent and Borrowers, and certain other intercompany arrangements.

  • The Servicer or the Trustee, as applicable, shall not be responsible for advancing Monthly Payment Advances or Administrative Advances with respect to the Companion Loan.

Related to Administrative Advances

  • Administrative Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

  • Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.

  • Protective Advance has the meaning assigned to such term in Section 2.04.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Special Agent Advances shall have the meaning set forth in Section 12.11 hereof.

  • Revolving Administrative Agent means the administrative agent under the Revolving Credit Agreement.

  • Swingline Loans as defined in Section 2.6.

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Swingline The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Swing Line Loans means the Loans made by Swing Line Lender to Company pursuant to subsection 2.1A(iii).

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Letter of Credit Disbursement means a payment made by Issuing Bank pursuant to a Letter of Credit.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Revolving Credit Advances means advances of principal on the Revolving Credit Loan by the Bank under the terms of this Loan Agreement to the Borrower during the term of the Revolving Credit Loan pursuant to Section 3.1.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”