Franchisee Loan Funding Request means (x) a request from a Franchisee Borrower to the Servicer to fund a portion of such Franchisee Borrower’s Franchisee Loan Commitment, and (y) the Initial Franchisee Loan Funding Request.
Funding Request shall have the meaning set forth in Section 5.3(a).
Borrowing Request means a request by the Borrower for a Revolving Borrowing in accordance with Section 2.03.
Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.
Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.
Request for Borrowing has the meaning provided in Section 2.3(a).
Swingline Borrowing Request means a request by the Borrower substantially in the form of Exhibit C-2.
Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.
Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.
Initial Borrowing means the first Borrowing made pursuant to this Agreement.
Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.
Commercial loan means a loan that is not made primarily for
Companion Loan Rating Agency Declination As defined in the definition of “Companion Loan Rating Agency Confirmation” in this Agreement.
Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.
Loan Checklist means a list delivered to the Custodian in connection with delivery of a Loan to the Custodian that identifies the items contained in the related Loan File.
Request for Loan means a written request for a Loan substantially in the form of Exhibit E, signed by a Senior Officer of the applicable Borrower and properly completed to provide all information required to be included therein.
Streamlined Documentation Mortgage Loan Any Mortgage Loan originated pursuant to the Seller's Streamlined Loan Documentation Program then in effect.
Interest Funding Account shall have the meaning specified in subsection 4.2(b).
Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.
Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.
Payment/Advance Form is that certain form attached hereto as Exhibit B.
SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.
Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit F, signed by a Responsible Official of Borrower and properly completed to provide all information required to be included therein.
Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.
Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.
CREFC® Advance Recovery Report A monthly report substantially in the form of, and containing the information called for in, the downloadable form of the “Advance Recovery Report” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.
Master Servicing Officer Any officer of the Master Servicer involved in, or responsible for, the administration and master servicing of the Mortgage Loans.