Account Advance definition

Account Advance is defined under Section 2.1.1(a)
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Account Advance means amounts Account Advances by Factor to or for the benefit of the Client under this Agreement or otherwise against the Net Invoice Amount of Accounts.
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Account Advance means an advance of the Loan based on Eligible Accounts.
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Examples of Account Advance in a sentence

  • Bidders are required to furnish all labor and equipment associated with the performance of this lease agreement.

  • Such "On Account Advance Payment" made by the Corporation should be adjusted in due course.

  • Any separate sheet of paper labeled "Additional Disclosure - Federal Truth-In-Lending Act," and/or "Credit Line Account Advance Request and Security Agreement," which is delivered together with this Agreement or at a later date becomes an integrated part of this Agreement And Disclosure.

  • U.S. Bank Checking Account Advance, Summary of Key Features, https://www.usbank.com/checking/caa/agreement.html (last visited February 26, 2013).

  • Any separate sheet of paper labeled "Additional Disclosure - Federal Truth-In-Lending Act" and/or "Credit Line Account Advance Request and Security Agreement," which is delivered together with this Agreement or at a later date becomes an integrated part of this Agreement and Disclosure.

  • For the applicable Index, Margin, Daily or Monthly Periodic Rates and corresponding Annual Percentage Rates for all Feature Categories, refer to the separate page titled Additional Disclosure - Federal Truth In-Lending Act" and/or "Credit Line Account Advance Request And Security Agreement" which We have included with and made a part of this Agreement.

  • Any separate sheet of paper labeled "Additional Disclosure - Federal Truth-In-Lending Act," "Additional Disclosure" and/or "Credit Line Account Advance Request and Security Agreement" which is delivered together with this Agreement or at a later date becomes an integrated part of this Agreement and Disclosure.

  • Wells Fargo’s Direct Deposit Advance ( see https://www.wellsfargo.com/checking/dda/); U.S. Bank’s Checking Account Advance (see http://www.usbank.com/cgi_w/cfm/personal/products_and_services/checking/caa.cfm); Fifth Third Bank’s “Early Access” product (see https://www.53.com/wps/portal/pv?New_WCM_Context=/wps/wcm/connect/FifthThirdSite/Personal/Checking+Acc ounts/Fifth+Third+Early+Access/).

  • Any separate sheet of paper labeled "Additional Disclosure - Federal Truth-In-Lending Act," and/or "Credit Line Account Advance Request" which is delivered together with this Agreement or at a later date become an integrated part of this Agreement and Disclosure.

  • The Corporation may make "On Account Advance Payment" to Government from the proceeds of land disposal to meet Government expenditure on capital out layon account of payment of compensation for land acquisition for New Bombay.


More Definitions of Account Advance

Account Advance has the meaning assigned to such term in Schedule 1 of the Program Agreement.
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Account Advance has the meaning set forth in the Program Agreement.
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Account Advance is defined in Section 2.1.1(a) of this Agreement.
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Account Advance means an extension of credit pursuant to an Account.
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Related to Account Advance

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

  • Equipment Advance is defined in Section 2.1.1.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Revolving Advance has the meaning given in Section 2.1.

  • 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.

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • 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.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

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

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

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

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Interest Advance means an Advance made pursuant to Section 2.02(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:

  • 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.

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Maximum Revolving Advance Amount means $30,000,000.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

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

  • 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).