Ios Pre-delivery Advances means, together, the Ios First Advance, the Ios Second Advance, the Ios Third Advance and the Ios Fourth Advance and “Ios Pre-delivery Advance” means any of them;
Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).
Agent Advances has the meaning set forth in Section 2.3(e)(i).
Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.
Term Loan Advances are each defined in Section 2.1.1(a).
Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).
Servicing Advance Reimbursement Amounts As defined in Section 3.22.
Loan Advance The meaning specified in Section 2.2(a).
Maximum Revolving Advance Amount means $25,000,000.
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.
Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).
Revolving Advances means Advances made other than Letters of Credit.
Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.
Existing Revolving Loans has the meaning specified in Section 2.7(a).
Initial Advance means the first Advance made pursuant to Article II.
Equipment Advance is defined in Section 2.1.1.
Available Incremental Amount has the meaning specified in Section 2.14(4)(c).
Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).
Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).
Accelerated Borrowing Base Delivery Event means either (i) the occurrence and continuance of any Event of Default, or (ii) the failure of the Borrowers to maintain Availability at least equal to the greater of (x) $22,500,000 and (y) fifteen percent (15%) of the Loan Cap. For purposes of this Agreement, the occurrence of an Accelerated Borrowing Base Delivery Event shall be deemed continuing (i) so long as such Event of Default has not been waived, and/or (ii) if the Accelerated Borrowing Base Delivery Event arises as a result of the Borrowers’ failure to achieve Availability as required hereunder, until Availability has exceeded the greater of (x) $22,500,000 and (y) fifteen percent (15%) of the Loan Cap for thirty (30) consecutive calendar days, in which case an Accelerated Borrowing Base Delivery Event shall no longer be deemed to be continuing. The termination of an Accelerated Borrowing Base Delivery Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Accelerated Borrowing Base Delivery Event in the event that the conditions set forth in this definition again arise.
Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).
Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.
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.
Incremental Revolving Loan has the meaning set forth in Section 2.14(b).
Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).