Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.

Protective Advances as defined in Section 2.1.6.

Protective Advances shall have the meaning assigned to such term in Section 2.01(c).

Examples of Protective Advances in a sentence

Any funding of Protective Advances shall not constitute a waiver by the Administrative Agent or the Lenders of any Event of Default.
All Protective Advances shall bear interest at the Base Rate (or, during such time as an Event of Default has occurred and is continuing, the Default Rate).
Canadian Required Lenders may at any time revoke Agent’s authority to make further Canadian Protective Advances under clause (a) by written notice to Agent.
Canadian Protective Advances and/or U.S. Protective Advances, as the context requires.
U.S. Lenders shall participate on a Pro Rata basis in U.S. Protective Advances outstanding from time to time.

More Definitions of Protective Advances

Protective Advances has the meaning set forth in Section 2.2(a).

Protective Advances has the meaning specified therefor in Section 2.3(d)(i).

Protective Advances means all expenses, disbursements and advances incurred by the Administrative Agent pursuant to the Loan Documents after the occurrence and during the continuance of an Event of Default that the Administrative Agent, in its sole discretion, deems necessary or desirable to preserve or protect the Collateral or any portion thereof or to enhance the likelihood, or maximize the amount, of repayment of the Obligations.

Protective Advances shall have the meaning set forth in Section 16.2(f) hereof.

Protective Advances shall have the meaning provided in Section 2.18.

Protective Advances has the meaning set forth in Section 1.3.