CP Advance definition

CP Advance means an Advance that bears interest at the CP Rate during such time as it bears interest at such rate, as provided in this Agreement.
CP Advance has the meaning set forth in Section 1.02 of the Series 2022-1 Class A-1 Note Purchase Agreement.
CP Advance means a Series 2023-2 Class A-1 Advance that bears interest at the CP Rate during such time as it bears interest at such rate, as provided herein.

Examples of CP Advance in a sentence

  • Any Advance actually funded by a Designated Lender shall constitute a utilization of the Commitment and, in the case of a CP Advance, the CP Commitment of the Designating Lender for all purposes under this Agreement.

  • Ibid, pages 7-8.Sponsored by the Defense Threat Reduction Agency, the Counterproliferation (CP) Advance Concept Technology Demonstrations (ACTD) envisions deploying several mini-UAVs like the Finder from a larger Predator UAV to detect chemical agents and relay the results back through Predator.The CP ACTD is designed to address the growing need to provide a military capability for “precision engagement” of weapons of mass destruction (WMD) related facilities.


More Definitions of CP Advance

CP Advance means a Series 2019-3 Class A-1 Advance that bears interest at a rate of interest determined by reference to the CP Rate during such time as it bears interest at such rate, as provided in the Class A-1 Note Purchase Agreement.
CP Advance means a Series 2018-1 Class A-1 Advance that bears interest at the CP Rate during such time as it bears interest at such rate, as provided in the Series 2018-1 Class A-1 Note Purchase Agreement.
CP Advance has the meaning specified in Section 2.16.
CP Advance means an Advance which bears interest at the Cost of Funds Rate.
CP Advance means a Series 2018-1 Class A Advance funded or maintained through the issuance of Commercial Paper that bears interest at the CP Rate during such time as it bears interest at such rate, as provided herein. “CP Funding Rate” means, with respect to each Conduit Investor, for any day during any Interest Accrual Period, for any CP Advance funded by such Conduit Investor, the per annum rate equivalent to the weighted average cost (as determined by the related Funding Agent, and which shall include (without duplication) the fees and commissions of placement agents and dealers, incremental carrying costs incurred with respect to Commercial Paper maturing on dates other than those on which corresponding funds are received by such Conduit Investor, other borrowings by such Conduit Investor and any other costs associated with the issuance of Commercial Paper) of or related to the issuance of Commercial Paper that are allocated, in whole or in part, by such Conduit Investor or its related Funding Agent to fund or maintain such CP Advances for such Interest Accrual Period (and which may also be allocated in part to the funding of other assets of the Conduit Investor); provided, however, that if any component of any 4 DMSLIBRARY01\32647597
CP Advance means that portion of the Advances which bear interest by reference to the CP Yield Rate.
CP Advance means an Advance that bears interest at the CP Rate during such time as it bears interest at such rate, as provided in this Agreement. “CP Funding Rate” means, with respect to each Conduit Investor, for any day during any Interest Accrual Period, for any portion of the Advancesfunded or maintained through the issuance of Commercial Paper by such Conduit Investor, the greater of, (A) the per annum rate equivalent to the weightedaverage cost (as determined by the related Funding Agent, and which shall include (without duplication) the fees and commissions of placement agents and dealers, incremental carrying costs incurred with respect to Commercial Paper maturing on dates other than those on which corresponding funds are received by such Conduit Investor, other borrowings by such Conduit Investor and any other costs associated with the issuance of Commercial Paper) of or related to the issuance of Commercial Paper that are allocated, in whole or in part, by such Conduit Investor or its related Funding Agent to fund or maintain such Advances for such Interest Accrual Period (and which may also be allocated in part to the funding of other assets of the Conduit Investor) and(B) zero; provided, however, that if any component of any such rate is a discount rate, in calculating the “CP Funding Rate” for such Advances for such Interest Accrual Period, the related Funding Agent shall for such component use the rate resulting from converting such discount rate to an interest bearing equivalent rate per annum.