Contract Advance definition

Contract Advance means an advance by a Lender to the Borrower pursuant to Article III hereof, and refers to a Eurodollar Rate Advance or a Base Rate Advance (each of which shall be a "Type" of Contract Advance). For purposes of this Agreement, all Contract Advances of a Lender (or portions thereof) of the same Type and Interest Period, if any, made or converted on the same day to the Borrower shall be deemed to be a single Advance by such Lender until repaid.
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Contract Advance means an advance by a Bank to the Borrower as part of a Contract Borrowing and refers to an Alternate Base Rate Advance or a Eurodollar Rate Contract Advance.
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Contract Advance means an advance by a Bank to the Borrower as part of a Contract Borrowing and refers to an Adjusted CD Rate Advance, an Alternate Base Rate Advance or a Eurodollar Rate Contract Advance.
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Examples of Contract Advance in a sentence

  • Special Conditions of Contract Advance payment shall be made within 60 calendar days from receipt of Notice to Proceed (NTP).

  • In the case of contracts in operation, dealing Maint Cells are to indicate Contract No, Amount of Contract, Advance Payment details, Balance Amount to be paid, Invoice No, Certificate regarding non- payment and receipt of stores against particular invoice, delivery schedule and liquidated damages to be imposed in cases of late deliveries etc.

  • Upon the termination of this Contract, Advance HE shall pay the Charges (or such percentage of the Charges) properly incurred but previously unpaid up to the effective date of termination.

  • Tuathail, Gearóid (1996), Critical Geopolitics: The Politics of Writing Global Space (London: Routledge).

  • With the exception of International Funds Transfers, Forward Contract Advance Payments, premium payable option contracts and Margin Calls, we do not charge upfront costs or premiums.

  • Notwithstanding anything to the contrary elsewhere in this Contract, Advance HE shall be entitled to terminate this Contract by serving not less than 14 days’ written notice on the EPA Consultant.

  • Additional electronic business transactions supported by Covidien are: Contract, Advance Ship Notice, Pricing, and Availability.

  • One thing that may count in favour of the former view over the latter, is that the latter would seem to be vulnerable to a version of the levelling down objection.

  • The monocrystalline solar cells have a black appearance due to the way sunlight interacts with pure silicon.

  • During the preceding financial years, the step down subsidiary company (i.e. BTPCL), had given Contract Advance of Rs. 21.55 crores towards execution of road works at proposed Thermal Power Project site.


More Definitions of Contract Advance

Contract Advance means a US Contract Advance or a Canadian Contract Advance.
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Contract Advance means an advance by a Bank to the Borrower as part of a Contract Borrowing and refers to an Adjusted CD Rate Advance, an Alternate Base Rate Advance, or a Eurodollar Rate Contract Advance.
Sample 1Sample 2
Contract Advance means an advance by a Lender to the Borrower pursuant to Article III hereof, and refers to a Eurodollar Rate Advance or a Base Rate Advance (each of which shall be a "TYPE" of Contract Advance). For purposes of this Agreement, all Contract Advances of a Lender (or portions thereof) of the same Type and Interest Period, if any, made or converted on the same day to the Borrower shall be deemed to be a single Advance by such Lender until repaid.
Sample 1
Contract Advance means an advance by a Lender to any Borrower pursuant to Section 3.01 hereof, and refers to a Eurodollar Rate Advance or a Base Rate Advance (each of which shall be a 'TYPE' of Contract Advance). For purposes of this Agreement, all Contract Advances of a Lender (or portions thereof) of the same Type and Interest Period, if any, made on the same day to the same Borrower shall be deemed to be a single Advance by such Lender until repaid.
Sample 1

Related to Contract Advance

  • Equipment Advance is defined in Section 2.1.1.

  • 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.

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

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

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

  • 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.

  • Revolving Advance has the meaning given in Section 2.1.

  • 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.

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • Unpaid Advance has the meaning assigned to such term in Section 2.05.

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

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.

  • Servicing Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

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

  • 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 securitized pursuant to such Securitization Servicing Agreement.

  • 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 Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).