Advance Facilities definition

Advance Facilities means any funding arrangement with lenders collateralized, in whole or in part, by advances made by the Company or any of its Subsidiaries in its capacity as servicer of any mortgage-related receivables to fund principal, interest, escrow, foreclosure, insurance, tax or other payments or advances when the borrower on the underlying receivable is delinquent in making payments on such receivable or to enforce remedies, manage and liquidate mortgaged properties or that the Company otherwise advances in its capacity as servicer.
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Advance Facilities means the facilities that were made available to the Borrower by the Lender prior to the date of this Agreement in the aggregate amount of CAD 1,345,800 pursuant to the Credit Advance Agreement;
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Advance Facilities means the facilities that were made available to the Borrower by the Lender prior to the date of this Agreement in the aggregate amount of CAD 1,345,800 pursuant to the Credit Advance Agreement;
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Examples of Advance Facilities in a sentence

  • Section 10.07 Assignment; Sales; Advance Facilities........................

  • Section 10.07 Assignment; Sales; Advance Facilities.......................

  • Upon the direction of and at the expense of the Servicer, the Trustee agrees to execute such acknowledgments provided by the Servicer recognizing the interests of any Advance Facility Trustee in such Reimbursement Amounts as the Servicer may cause to be made subject to Advance Facilities pursuant to this Section 3.29.

  • Section 12.07 Assignment; Sales; Advance Facilities.......................

  • Section 10.07 Assignment; Sales; Advance Facilities.............................

  • Upon the direction of and at the expense of the Servicer, the Trustee agrees to execute such acknowledgments, certificates, and other documents provided by the Servicer recognizing the interests of any Advance Facility Trustee in such Reimbursement Amounts as the Servicer may cause to be made subject to Advance Facilities pursuant to this Section 3.29.

  • Section 10.07 Assignment; Sales; Advance Facilities...........................

  • Section 12.07 Assignment; Sales; Advance Facilities........................

  • Section 10.07 Assignment; Sales; Advance Facilities............................

  • Section 10.07 Assignment; Sales; Advance Facilities..........................

Related to Advance Facilities