Holder Advance definition

Holder Advance means any advance made by any Holder to the Owner Trustee pursuant to the terms of the Trust Agreement or the Participation Agreement.
Sample 1Sample 2Sample 3
Holder Advance means any advance made by any Holder to the Owner Trustee pursuant to the terms of the Trust Agreement and the Participation Agreement.
Sample 1Sample 2Sample 3
Holder Advance shall have the meaning specified in Section 2 of the Participation Agreement.
Sample 1

Examples of Holder Advance in a sentence

  • No prepayment or any other payment with respect to any Advance shall be permitted such that the Holder Advance with respect to such Advance is less than three percent (3%) of the outstanding amount of such Advance, except in connection with termination or expiration of the Term or in connection with the exercise of remedies relating to the occurrence of a Lease Event of Default.

  • If the Directing Note B Holder fails or refuses to advance the foregoing share of such Note A Holder Advance, the Lead Note A Holder shall have the right to advance the portion of the Note A Holder Advance not advanced by the Directing Note B Holder.

  • No prepayment or any other payment with respect to any Advance shall be permitted such that the Holder Advance with respect to such Advance is less than 3% of the outstanding amount of such Advance, except in connection with termination or expiration of the Term or in connection with the exercise of remedies relating to the occurrence of a Lease Event of Default.

  • No prepayment or any other payment with respect to any Advance shall be permitted such that the Holder Advance with respect to such Advance is less than three percent (3%) of the outstanding amount of such Advance plus the Holder Fees, except in connection with termination or expiration of the Term or in connection with the exercise of remedies relating to the occurrence of a Lease Event of Default.

  • Class 6 consists of all Allowed Claims against Resource Pharmacy (including Claims arising from the rejection of executory contracts) other than (a) Administrative Claims, (b) Tax Claims (c) Personal Injury Claims, and (d) Claims included within any other Class designated in the Plan.

  • With respect to each Holder Advance in effect immediately prior to the Interim Term Expiration Date, the Lessee shall cause the Payment Period for each such Holder Advance to end on the Interim Term Expiration Date.

  • No prepayment or any other payment with respect to any Advance shall be permitted such that the Holder Advance with respect to such Advance is less than four percent (4%) of the outstanding amount of such Advance, except in connection with termination or expiration of the Term or in connection with the exercise of remedies relating to the occurrence of a Lease Event of Default.

  • The Lessee shall not request a Holder Advance pursuant to a Notice of Delivery or otherwise (and no Holder shall have an obligation to make) any Holder Advance regarding any Class of Equipment in excess of the Holder Class Commitment for such Holder.

  • Subject to the terms hereof and of the other Operative Agreements, the Owner Trustee may request that Holders Advances so repaid be readvanced by the Holders; provided however, once repaid the Initial Holder Advance may not be readvanced.

  • All payments of principal, interest, Holder Advance, Holder Yield and other amounts to be made by the Lessee under this Agreement or any other Operative Agreement (excluding Excepted Payments which shall be paid directly to the party to whom such payments are owed) shall be made to the Agent at the payment address designated by the Agent in Section 12.2(b) in Dollars and in immediately available funds, without setoff, deduction, or counterclaim.


More Definitions of Holder Advance

Holder Advance shall have the meaning set forth in Section 1.2 of the Participation Agreement.
Sample 1

Related to Holder Advance

  • 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.

  • 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).

  • Provider Advance means a Downgrade Advance or a Non-Extension Advance.

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

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

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

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

  • Tax Advance has the meaning set forth in Section 6.02(a).

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

  • Term Loan A Note means a promissory note in the form of Exhibit 2.5-3, as it may be amended, supplemented or otherwise modified from time to time.

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

  • Downgrade Advance means an Advance made pursuant to Section 2.02(c).

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

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

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

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

  • Revolving Advance has the meaning given in Section 2.1.

  • 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.

  • Nonrecoverable Advance Any portion of an Advance previously made or proposed to be made by the Master Servicer that, in the good faith judgment of the Master Servicer, will not be ultimately recoverable by the Master Servicer from the related Mortgagor, related Liquidation Proceeds or otherwise.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

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

  • Term SOFR Loan means a Loan that bears interest at a rate based on Term SOFR.