Equipment Advance is defined in Section 2.1.1.
Payment/Advance Form is that certain form attached hereto as Exhibit B.
Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.
Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).
Term Advance has the meaning specified in Section 2.01(a).
Loan Advance The meaning specified in Section 2.2(a).
Non-Extension Advance means an Advance made pursuant to Section 2.02(b).
Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.
Tranche A Advance has the meaning specified in Section 2.01(a).
Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.
The Advance Purchase Order or “Letter of Intent” means the intention of Purchaser to place the Purchase Order on the bidder.
L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.
Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.
Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.
Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).
Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.
Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).
Interest Advance means an Advance made pursuant to Section 2.02(a).
Applicable Unscheduled Principal Receipt Period With respect to the Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal Receipt Period specified on Schedule I hereto, as amended from time to time by the Master Servicer pursuant to Section 10.01(b) hereof.
Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).
Extended Repayment Date shall have the meaning provided in Section 2.5(c).
Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).
Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.
Unapplied Downgrade Advance means any Downgrade Advance other than an Applied Downgrade Advance.
PMI Advance As defined in the related Servicing Agreement, if applicable.
Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).