L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.
Loan Advance The meaning specified in Section 2.2(a).
Tranche A Advance has the meaning specified in Section 2.01(a).
Term Advance has the meaning specified in Section 2.01(a).
Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Revolving Advance has the meaning given in Section 2.1.
PMI Advance As defined in the related Servicing Agreement, if applicable.
Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.
L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.
Agent Advance shall have the meaning provided in Section 2.01(e).
Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.
Equipment Advance is defined in Section 2.1.1.
Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.
Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.
Participation Advance shall have the meaning set forth in Section 2.12(d).
Letter of Credit Advance means an advance made by the Issuing Bank or any Revolving Credit Lender pursuant to Section 2.03(c).
Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.
Interest Advance means an Advance made pursuant to Section 2.02(a).
Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Revolving Credit Lender pursuant to Section 2.02(b).
ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.
RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.
Non-Extension Advance means an Advance made pursuant to Section 2.02(b).
Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).
Revolving Loan has the meaning specified in Section 2.01(a).
Unpaid Advance has the meaning assigned to such term in Section 2.05.