Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.
Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);
Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).
Instalment means with respect to each Mortgage Loan Agreement, each instalment due from the relevant Debtor thereunder and which consists of an Interest Instalment and a Principal Instalment.
Loan Advance The meaning specified in Section 2.2(a).
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Discount Loan The Loans having Pass-Through Rates of less than 6.75%.
Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.
Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.
Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.
Tranche B Loan has the meaning specified in Section 2.01(b).
VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.
Term Advance has the meaning specified in Section 2.01(a).
Tranche A Loan shall have the meaning set forth in Section 2.01(a).
Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.
Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.
Tranche A Advance means an Advance made by a Bank under Tranche A.
Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.
Term Loan Advances are each defined in Section 2.1.1(a).
SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.
Agent Advance shall have the meaning provided in Section 2.01(e).
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.
Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.
Delinquent Loan A Mortgage Loan that is delinquent at least sixty (60) days in respect of its Monthly Payments or Balloon Payment, if any, in either case such delinquency to be determined without giving effect to any Grace Period.
Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.