Advances definition

Advances shall have the meaning set forth in the Lead Securitization Servicing Agreement.

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Advances shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable (but for purposes hereof shall be limited to Advances in respect of the Mortgage Loan or the Mortgaged Property).

Advances has the meaning set forth in Section 2.1(a).

Examples of Advances in a sentence

• Upon the occurrence of any of the foregoing events, Borrower shall pay to Bank immediately upon demand such amounts as may be necessary to compensate Bank for any fines, fees, charges, penalties or other costs incurred or payable by Bank as a result thereof and which are attributable to any SOFR Advances made available to Borrower hereunder, and any reasonable allocation made by Bank among its operations shall be conclusive and binding upon Borrower.

• Notwithstanding the foregoing, all outstanding Debt Service Advances and Collateral Protection Advances made by the Trustee and any accrued interest thereon shall be paid strictly in accordance with the Priority of Payments, even if the Trustee determines that any such advance is a Nonrecoverable Advance after such Advance has been made.

• Each Revolving Advance made pursuant to each request made by Swing Lender pursuant to the foregoing sentence shall be considered to be a Revolving Advance, and Borrower hereby irrevocably instructs Swing Lender to apply the proceeds of such Revolving Advances to the prepayment of such Swing Loan.

• All Debt Service Advances shall be deposited into the Senior Notes Interest Payment Account.

• All Revolving Advances (as defined in the Prior Credit Agreement) outstanding on the Closing Date shall become Revolving Advances hereunder on the Closing Date, provided that on the Closing Date each New Lender shall purchase at par such of the Loans of the Existing Lenders (other than Swing Loans) as Agent shall determine may be necessary in order for each such New Lender to hold such Loans in accordance with its Commitment Percentage.

More Definitions of Advances

Advances means an advance (or advances) under the Revolving Line.

Advances means a cash advance or cash advances under the Revolving Facility.

Advances means any extension of credit by or through the Custodian or by or through any Subcustodian and shall include, without limitation, amounts due to the Custodian as the principal counterparty to any foreign exchange transaction with the Fund as described in Section 7.4.2 hereof, or paid to third parties for account of the Fund or in discharge of any expense, tax or other item payable by the Fund.

Advances means a revolving credit loan (or revolving credit loans) under the Revolving Line.

Advances means a Term Loan Advance.

Advances is a loan advance (or advances) under the Committed Revolving Line.

Advances means and include the Revolving Advances and Letters of Credit.