Advances Note definition
Examples of Advances Note in a sentence
Additional terms and conditions of Advances may be set forth in an Advance Master Application and/or Advances Note, which Seattle Bank may require Customer to sign and deliver to Seattle Bank from time to time.
The amount of the prepayment fee shall not be less than zero and shall be determined by the Seattle Bank on the basis described in the Regulations, the Credit Policy and any applicable Advance Master Application, Advances Note, Advance Confirmation Advice or Swap Transaction, as the case may be, pertaining to prepayment of such Advance or Other Credit Accommodation.
The amount of the prepayment fee shall not be less than zero and shall be determined by the Seattle Bank on the basis described in the Regulations, the Credit Policy and any applicable Advance Master Application, Advances Note, Advance Confirmation Advice or Swap Transaction, as the case may Federal Home Loan Bank of Seattle Advances, Security and Deposit Agreement be, pertaining to prepayment of such Advance or Other Credit Accommodation.
The MSR Revolving Loan shall be evidenced by, be repayable, and accrue interest in accordance with the MSR Note and the Servicing Advances Revolving Loan shall be evidenced by, be repayable, and accrue interest in accordance with the Servicing Advances Note.
All references in that certain Second Amended and Restated Domestic Advances Note dated March 31, 2005 by the Borrowers to Fleet Capital Corporation to (1) $19,800,000.00 and (ii) Nineteen Million Eight Hundred Thousand Dollars are hereby deleted and replaced with (a) $21,000,000.00, and (b) Twenty-One Million Dollars, respectively.
The aggregate principal amount of the Servicing Advances Revolving Loan at any one time outstanding may not exceed the maximum principal amount of the Servicing Advances Note, and the aggregate principal amount of the Revolving Loans at any one time outstanding may not exceed the Borrowing Limit.
Each Lender reserves the rights, with prior notice to and consent of Borrower, which consent shall not be unreasonably withheld except that Borrower may withhold consent to a participation to a competitor of Borrower in Borrower's sole and absolute discretion, and the Agent, to sell to any bank, savings and loan, savings bank, credit union, other deposit-taking financial institution or commercial lending institution, participations in all or any part of such Lender's Advances, Note or Commitment.
In addition, all references in the Credit Agreement and Other Documents to the Revolving Advances Note shall refer to Exhibit 2.1(b) attached to this Second Amendment and any amendments, modifications, replacements and substitutions thereto on and after the date of this Second Amendment.
All references in that certain Second Amended and Restated Domestic Advances Note dated March 31, 2005 by the Borrowers to Fleet Capital Corporation to (1) $17,400,000.00 and (ii) Seventeen Million Four Hundred Thousand Dollars are hereby deleted and replaced with (a)$19,800,000.00, and (b) Nineteen Million Eight Hundred Thousand Dollars, respectively.
The Company Liabilities and Negotiated Company Liabilities specifically exclude the TEAM Advances, Note and Guarantees described in Section 2.3, which shall remain obligations of Company post-Closing.