Big Advance Amount means up to $5,000,000 per Big Advance or such other amount as (i) may be agreed upon by the mutual consent of the parties or (ii) may be reduced by the Investor in accordance with Section 2.03(c)(iii) hereof.
Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.
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).
Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.
Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.
Maximum Revolving Advance Amount means $25,000,000.
Overadvance Amount has the meaning specified therefor in Section 2.4(f).
Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.
Servicing Advance Reimbursement Amounts As defined in Section 3.22.
Reduction Amount has the meaning set forth in Section 2.05(b)(viii).
PMI Advance As defined in the related Servicing Agreement, if applicable.
Tranche A Advance means an Advance made by a Bank under Tranche A.
Undrawn Amount means, with respect to any Letter of Credit, at any time, the maximum amount available to be drawn under such Letter of Credit at such time and “Undrawn Amounts” means, at any time, the sum of all Undrawn Amounts at such time.
Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.
New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).
Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.
Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.
Interest Advance means an Advance made pursuant to Section 2.02(a).
Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.
Excess Overcollateralized Amount With respect to the Class A Certificates and the Mezzanine Certificates and any Distribution Date, the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date (calculated for this purpose only after assuming that 100% of the Principal Remittance Amount on such Distribution Date has been distributed) over (ii) the Overcollateralization Target Amount for such Distribution Date.
Available Facility Amount shall have the meaning specified in paragraph 2B(1).
Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.
Advance Reimbursement Amounts As defined in Section 3.29 hereof.
Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).
Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.
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.
Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of: