Administrative Advances definition

Administrative Advances shall have the meaning set forth in the Lead Securitization Servicing Agreement.
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Administrative Advances. As defined in Section 3.23(b).
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Administrative Advances. As defined in Section 3.4(c).
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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.


More Definitions of Administrative Advances

Administrative Advances. As defined in Section 3.23(c).
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Administrative Advances. As defined in Section 3.21(b).
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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.

  • Nonrecoverable Administrative Advance means an Administrative Advance that has been determined to be “nonrecoverable” in accordance with the terms of the applicable Servicing Agreement.

  • 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 means collectively and Swing Loan shall mean separately all Swing Loans or any Swing Loan made by PNC Bank to the Borrower pursuant to Section 2.1.2 hereof.

  • Revolving Loans as defined in Section 2.4(a).

  • Administrative Agent Account has the meaning assigned to such term in Section 5.15(b).

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

  • Revolving Administrative Agent has the meaning assigned to such term in the preamble of this Agreement.

  • Swingline Loans means the swingline loans made to the Borrower pursuant to Section 2.04.

  • 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 any swingline loan made by the Swingline Lender to the Borrower pursuant to Section 2.01, and all such swingline loans collectively as the context requires.

  • Canadian Swingline Loan has the meaning assigned to such term in Section 2.03(a).

  • 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.