Term Advance has the meaning specified in Section 2.01(a).
L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.
Loan Advance The meaning specified in Section 2.2(a).
Tranche A Advance has the meaning specified in Section 2.01(a).
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Equipment Advance is defined in Section 2.1.1.
Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.
Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.
Term Loan Advances are each defined in Section 2.1.1(a).
Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:
Non-Extension Advance means an Advance made pursuant to Section 2.02(b).
Cash Advance means the amount requested by you and advanced to you by any method approved by us according to the terms of this Agreement in cash or cash equivalent items (including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, vouchers redeemable for cash, or racetrack xxxxxx).
Permitted Advance means an advance of funds by the Assuming Bank with respect to a Shared-Loss Loan, or the making of a legally binding commitment by the Assuming Bank to advance funds with respect to a Shared-Loss Loan, that (i) in the case of such an advance, is actually made, and, in the case of such a commitment, is made and all of the proceeds thereof actually advanced, within one (1) year after the Commencement Date, (ii) does not cause the sum of (A) the book value of such Shared-Loss Loan as reflected on the Accounting Records of the Assuming Bank after any such advance has been made by the Assuming Bank plus (B) the unfunded amount of any such commitment made by the Assuming Bank related thereto, to exceed 110% of the Book Value of such Shared-Loss Loan, (iii) is not made with respect to a Shared-Loss Loan with respect to which (A) there exists a related Shared-Loss Loan Commitment or (B) the Assuming Bank has taken a Charge-Off and (iv) is made in good faith, is supported at the time it is made by documentation in the Credit Files and conforms to and is in accordance with the applicable requirements set forth in Article III of this Commercial Shared- Loss Agreement and with the then effective written internal credit policy guidelines of the Assuming Bank; provided, that the limitations in subparagraphs (i), (ii) and (iii) of this definition shall not apply to any such action (other than to an advance or commitment related to the remediation, storage or final disposal of any hazardous or toxic substance, pollutant or contaminant) that is taken by Assuming Bank in its reasonable discretion to preserve or secure the value of the collateral for such Shared-Loss Loan.
PMI Advance As defined in the related Servicing Agreement, if applicable.
Term Loan as defined in Section 2.1.
Revolving Advance has the meaning given in Section 2.1.
LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.
Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.
Interest Drawing has the meaning assigned to such term in Section 3.6(a).
Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.
Initial Advance means the first Advance made pursuant to Article II.
Interest Advance means an Advance made pursuant to Section 2.02(a).
Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.
Cash Advance Fees means cash advance transaction fees and cash advance late fees, if any, as specified in any Account Agreement applicable to an Account.
Drawdown means the drawdown of a Tranche under the Loan Facility;
Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).