Term Advances definition

Term Advances means, collectively, Term A Advances, Term B Advances and Term C Advances.
Term Advances is defined in Section 2.1.5(a).
Term Advances has the meaning specified in Section 2.2.

Examples of Term Advances in a sentence

  • The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments.

  • Unless a replacement swap is entered into, the LLP may have insufficient funds to make payments under the outstanding Term Advances and, following service of a Notice to Pay or an LLP Acceleration Notice on the LLP, under the Covered Bond Guarantee.If a Swap Agreement terminates, then the LLP may be obliged to make a termination payment to the relevant Swap Provider.

  • Amounts standing to the credit of the Interest Accumulation Ledger in respect of each such Accumulation Series of Covered Bonds will be applied on the relevant Loan Interest Payment Date or Interest Payment Date, as the case may be, together with Available Revenue Receipts (applied in accordance with the relevant Priorities of Payments), to make payments under the Term Advances or Covered Bonds, as applicable.

  • Hence, the difference in timing between the obligations of the LLP and the obligations of the Covered Bond Swap Providers under the Covered Bond Swaps may affect the LLP's ability to make payments under the outstanding Term Advances and, following service of a Notice to Pay on the LLP or service of an LLP Acceleration Notice, under the Covered Bond Guarantee with respect to the Covered Bonds.

  • The Cash Manager shall ensure that all payments of interest and repayments of principal on each of the Term Advances are recorded in the Intercompany Loan Ledger.


More Definitions of Term Advances

Term Advances means the Tranche A Advances, the Tranche B Advances, the Tranche B1 Advances, the Tranche C Advances, the Tranche C1 Advances and the Tranche D Advances and “Term Advance” means any of them;
Term Advances means cash advances made pursuant to Section 2.1.
Term Advances means the Term A Advance and the Term B Advance.
Term Advances means the Equipment Advance and the Term Loan B Advances.
Term Advances means cash advances made under the First Term Loan Facility and the Second Term Loan Facility.
Term Advances accurately summarises its participation in the Credit Agreement and the Interest Period or Term of any existing Advances and (b) requests the Transferee to accept and procure the transfer by novation to the Transferee of the Portion Transferred (specified in the schedule hereto) of its Term Commitment and/or its participation in such Advances) by counter-signing and delivering this Transfer Certificate to the Agent at its address for the service of notices specified in the Credit Agreement.
Term Advances has the meaning set forth in Section 2.4(a).