Advancing definition

Advancing. The Master Servicer is required to advance any delinquent payment of interest and principal to the extent such amounts are deemed to be recoverable (the "Delinquency Advances"). The Servicer is required to advance reasonable and customary expense advances with respect to the loans (for items such as taxes and insurance) to the extent such advances are deemed to be recoverable ("Servicer Advances").
Advancing means obligating funds on a project where the funds are not programming in the current year of the FTIP.
Advancing means progressing, taking steps over time or distance toward another, a "better," place, objective, goal or goal state. So the overall topic of these proceedings, on advances in philosophy of technology, would appear to mean one of two things: progress or advances in technology, as seen from the perspectives of the philosophy of technology; or as intellectual steps taken toward achieving a new state of the art within the field ofphilosophy of technology itself.

Examples of Advancing in a sentence

  • The payment instruction shall require the applicable Reimbursement Amounts to be distributed to the Advancing Person or to an Advance Facility Trustee designated in the Advance Facility Notice.

  • Notwithstanding the existence of any Advance Facility under which an Advancing Person agrees to fund Advances and/or Servicing Advances on the Master Servicer's behalf, the Master Servicer shall remain obligated pursuant to this Agreement to make Advances and Servicing Advances pursuant to and as required by this Agreement.

  • An Advancing Person whose obligations hereunder are limited to the funding of Advances and/or Servicing Advances shall not be required to meet the qualifications of a Master Servicer or a Subservicer pursuant to Section 3.02(a) or 6.02(c) hereof and shall not be deemed to be a Subservicer under this Agreement.

  • An Advance Facility Notice may only be terminated by the joint written direction of the Master Servicer and the related Advancing Person (and any related Advance Facility Trustee).

  • The Master Servicer shall maintain and provide to any Successor Master Servicer a detailed accounting on a loan-by-loan basis as to amounts advanced by, sold, pledged or assigned to, and reimbursed to any Advancing Person.

  • To the extent that the Advances or Servicing Advances are Nonrecoverable Advances to be reimbursed on an aggregate basis pursuant to Section 3.10 of this Agreement, the reimbursement paid in this manner will be made pro rata to the Advancing Person or Advance Facility Trustee, on the one hand, and the Successor Master Servicer, on the other hand, as described in clause (i)(B) above.

  • Without limiting the generality of the foregoing, Residential Funding shall remain entitled to be reimbursed by the Advancing Person or Advance Facility Trustee for all Advances and Servicing Advances funded by Residential Funding to the extent the related Reimbursement Amount(s) have not been assigned or pledged to an Advancing Person or Advance Facility Trustee.

  • Notwithstanding the existence of any Advance Facility under which an Advancing Person agrees to fund P&I Advances and/or Servicing Advances on the Servicer's behalf, the Servicer shall remain obligated pursuant to this Agreement to make P&I Advances and Servicing Advances pursuant to and as required by this Agreement, and shall not be relieved of such obligations by virtue of such Advance Facility.

  • The Trustee is hereby authorized to pay directly to the Advancing Person such portion of the Servicing Fee as the parties to any advancing facility agree.

  • Neither the Depositor nor the Trustee shall have any duty or liability with respect to the calculation of any Reimbursement Amount, nor shall the Depositor or the Trustee have any responsibility to track or monitor the administration of the Advance Facility and the Depositor shall not have any responsibility to track, monitor or verify the payment of Reimbursement Amounts to the related Advancing Person or Advance Facility Trustee.


More Definitions of Advancing

Advancing funds to the applicable Borrower specified in a Borrowing Notice (herein called such Lender's "LOANS";
Advancing. The Master Servicer will be obligated to advance delinquent principal and interest through the liquidation of REO or until deemed unrecoverable. ________________________________________________________________________________ This information should be considered only after reading Bear S▇▇▇▇▇▇' Statement Regarding Assumptions as to Securities, Pricing Estimates and Other Information (the "Statement"), which should be attached. Do not use or rely on this information if you have not received and reviewed this Statement. You may obtain a copy of the Statement from your sales representative.
Advancing. : means the initiatives deployed are on average aligned with, or ahead of, international good practices. Obviously, given the state of environmental and climate-related supervisory practices, this does not mean no improvements can be made; ‘Emerging’ means that initiatives have been deployed, but these are either not aligned with good practices, or implemented fully; ‘Not in place’ means that most of the activities mentioned in a category have not yet been taken up by the regulator, or serious issues are curtailing efforts.

Related to Advancing

  • Advancing Person As defined in Section 3.22.

  • Fertilization means the fusion of a human spermatozoon with a human ovum.

  • Student means a person, other than a person in receipt of a training allowance, who is attending or undertaking—

  • Student teaching means a supervised teaching practice occurring near the end of an applicant's approved program.

  • Advance Facility As defined in Section 3.22.