Required Advances definition

Required Advances means advances required by HMO Regulators to be made by the Borrower or any of its Subsidiaries to a Contract Provider.
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Required Advances means advances required by HMO Regulators to be made by any member of the Consolidated Group to a Contract Provider.
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Required Advances means advances required by Health Care Business Regulators to be made by the Borrower or any of the Subsidiaries to a Contract Provider; provided that the Borrower shall have provided reasonably satisfactory evidence of any such requirement to the Administrative Agent.
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Examples of Required Advances in a sentence

  • On each Payment Date, the Servicer shall be reimbursed for Outstanding Advances in an amount, if positive, equal to (1) the Outstanding Advances immediately following the preceding Payment Date minus (2) the Total Required Advances with respect to such Payment Date.

  • On each Payment Date, the Servicer shall deposit into the Collection Account an amount (such amount, an “Advance”), if positive, equal to (1) the Total Required Advances with respect to such Payment Date minus (2) the Outstanding Advance immediately following the preceding Payment Date.

  • On each Payment Date, the Servicer shall deposit into the Collection Account an amount (such amount, an "Advance"), if positive, equal to (1) the Total Required Advances with respect to such Payment Date minus (2) the Outstanding Advance immediately following the preceding Payment Date.

  • On each Payment Date, the Servicer shall -------- deposit into the Collection Account an amount (such amount, an "Advance"), if ------- positive, equal to (1) the Total Required Advances with respect to such Payment Date minus (2) the Outstanding Advance immediately following the preceding Payment Date.

  • In reliance on each Lender's obligation to fund Required Advances, Agent may in its sole discretion make available to Borrower an amount corresponding to each Lender's pro rata share of the Disbursement (the "Corresponding Amount").

  • In any event unless otherwise agreed to by the Required Advances Lenders, Borrowers shall repay Advances in an amount sufficient to eliminate all Overadvances requiring mandatory repayments under section 2.4(f) pursuant to and in accordance with such Section, and after the date all such Overadvances have been eliminated, there must be at least five (5) consecutive days before Intentional Overadvances are made.

  • In such circumstances, if any Advances Lender objects to the proposed terms of reduction or repayment of any Overadvance, the terms of reduction or repayment thereof shall be implemented according to the determination of the Required Advances Lenders.

  • In reliance on each Lender’s obligation to fund Required Advances, Agent may in its sole discretion make available to Borrower an amount corresponding to each Lender’s pro rata share of the Disbursement (the “Corresponding Amount”).

  • The Required Advances Lenders may revoke the authority of the Agent to make future Protective Overadvances at any time and in no event shall any Protective Overadvances cause the Advances Usage to exceed the Maximum Revolver Amount.

  • The Required Advances Lenders may revoke the authority of the Agent to make future Intentional Overadvances at any time and in no event shall any Intentional Overadvances cause the Advances Usage to exceed the Maximum Revolver Amount.