Term I Advance definition

Term I Advance means an advance made by any Term I Lender pursuant to Section 2.01(d).

Related to Term I Advance

  • 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.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Loan Advance The meaning specified in Section 2.2(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.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • Eligible advance means an advance made before August 19, 1993.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Revolving Advance has the meaning given in Section 2.1.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • 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.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • P&I Advance means an advance made by a party to any Securitization Servicing Agreement in respect of a delinquent monthly debt service payment on the Note(s) securitized pursuant to such Securitization Servicing Agreement.

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Property Advance means an advance made in respect of property protection expenses or expenses incurred to protect, preserve and enforce the security for the Mortgage Loan or to pay taxes and assessments or insurance premiums with respect to the Mortgaged Property.

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.