Examples of Periodic Advance in a sentence
Revisions to this Budget may be made only in accordance with the Standard Provision of this Agreement entitled Trust Fund Budget Limitations and Revisions.” 3 The Bank always uses the Payment – Periodic Advance modality.
Notwithstanding the preceding sentence, if Seller fails to make all or part of the Periodic Advance Repurchase Payment on any Payment Date, the Pricing Rate shall be equal to the Post-Default Rate until the Periodic Advance Repurchase Payment is received in full by Buyer.
MANDATORY STANDARD PROVISIONS FOR COST-TYPE AGREEMENTS WITH PUBLIC INTERNATIONAL ORGANIZATIONS (PIOs) 4 M.1 Allowable Costs (April 2011) 4 M.2 Amendment (April 2011) 4 M.3 Nonliability (April 2011) 4 M.4 Notices (April 2011) 4 M.5 Payment (Periodic Advance – Standard) (August 2018) 5 M.5-Alt I.
Purchase Price: $[ ] Pricing Rate: LIBOR Rate + 600 basis points (6%) Repurchase Date: [ ] Repurchase Price: $[ ] less any Income and Periodic Advance Repurchase Payments actually received by Buyer plus any accrued and unpaid default interest.
The Master Servicer shall enforce the obligations of each Servicer to make a Periodic Advance in accordance with the applicable Servicing Agreement.