Participation Advance shall have the meaning set forth in Section 2.12(d).

Participation Advance means as is specified in Section 2.8(c)(iii) [Disbursements, Reimbursement].

Participation Advance has the meaning set forth in Section 3.04(b).

Examples of Participation Advance in a sentence

Each Lender shall record in its records, the date and amount of each Loan and Participation Advance made by such Lender hereunder, the interest rate with respect thereto, the Interest accrued thereon and each repayment and payment thereof.
Each Lender shall record in its records, the date and amount of each Loan and Participation Advance made by such Lender hereunder, the Interest Rate with respect thereto, the Interest accrued thereon and each repayment and payment thereof.
Each Group Agent shall record in its records, the date and amount of each Loan and Participation Advance made by the Lenders in its Group hereunder, the interest rate with respect thereto, the Interest accrued thereon and each repayment and payment thereof.
The Agent shall apply funds deposited into the Defaulting Financial Institution Account to satisfy a Defaulting Financial Institution’s obligation to fund its portion of an LC Participation Advance required to be made by such Defaulting Financial Institution.
Nonetheless, experience from other locations (Kobe, Bam, etc) indicates that the necessary time frame is years, not months.

More Definitions of Participation Advance

Participation Advance has the meaning specified in Section 2.9(c)(ii).

Participation Advance means, with respect to any Lender, such Lender's payment in respect of its participation in a Letter of Credit Borrowing according to its Ratable Share pursuant to Section 2.9.3.4.

Participation Advance has the meaning set forth in Section 1.14(b) of the Agreement.

Participation Advance shall have the meaning specified in Section 2.10.4(a) [Repayment of Participation Advances].

Participation Advance means as is specified in Section 2.8(c)(iii).

Participation Advance means, with respect to any Bank, such Bank's payment in respect of its participation in a Letter of Credit Borrowing according to its Ratable Share pursuant to Section 2.09(g).

Participation Advance means, with respect to any Reimbursement Borrowing requested in respect of any draw on any Letter of Credit, the amount that the related LC Issuer shall be deemed to have advanced to cover a Defaulting Committed Lender’s failure to fund its Lender Group Percentage of such Reimbursement Borrowing.