Loan Advances definition

Loan Advances means all funds advanced from or charged to Borrower's account under conditions set forth in this Loan Agreement, whether or not actually paid to Borrower.

Loan Advances means the Loans of the same Type and, in the case of Eurodollar Loans, having the same Interest Period made by all Lenders on the same Business Day and pursuant to the same Borrowing Request in accordance with Section 2.1.

Loan Advances means, collectively, the amount of proceeds to be advanced by the City in connection with the Redevelopment Loan to or at the direction of the Developer under and pursuant to Section 4.1(a) of this Agreement.

Examples of Loan Advances in a sentence

• Such amounts shall be considered Loan Advances when actually disbursed by Lender.

• Loan Advances will only occur to the extent there are sufficient available funds on the eligible loan Account, as determined by the terms and conditions of the applicable loan documents and agreements, including, but not limited to, the promissory note, governing the loan Account.

• Lender shall have no obligation to make further Loan Advances on or following the date that a petition for bankruptcy of Borrower is filed.

• Borrowers shall choose to receive Loan Advances by either electronic funds transfer to a bank account designated by all Borrowers or by check mailed to an address designated by all Borrowers, except where all Borrowers agree that payment should be made directly to a third party for the benefit of the Borrowers.

• If the Lender has no further obligation to make payments to Borrower because of Section 4.2., the Secretary shall assume the rights and obligations of Lender under this Loan Agreement, except the Secretary shall not assume any obligation of paying flood, fire and other hazard insurance from Loan Advances.

More Definitions of Loan Advances

Loan Advances means any advance of any proceeds of the Loan hereunder, and as defined in Section 2.1.1(a).

Loan Advances means any advance of any proceeds of the Revolving Facility or the Term Facility, including any Swing Line Borrowings, as the case may be.

Loan Advances means all outstanding Advances of the Loans.

Loan Advances means advances on account of the Loan made by Bank from time to time pursuant to this Agreement.

Loan Advances means and include the Revolving Advances, Swingline Loans, and Term Loan Advances.

Loan Advances means any advance of any proceeds of the Tranche C Term Facility or the Tranche D Term Facility, as the case may be.

Loan Advances means the collective reference to the Term Loan Advances and the Revolving Loan Advances.