Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.

Protective Advances as defined in Section 2.1.6.

Protective Advances shall have the meaning assigned to such term in Section 2.01(c).

Examples of Protective Advances in a sentence

All Protective Advances made by the Administrative Agent constitute Obligations, secured by the Collateral and shall be treated for all purposes as Base Rate Loans.
Protective Advances may be made even if the conditions precedent set forth in Section 4.02 have not been satisfied.
The Protective Advances shall be secured by the Liens in favor of the Administrative Agent (for the benefit of the Agents, the Lenders and the Issuing Banks) in and to the Collateral and shall constitute Obligations hereunder.
All Protective Advances made to the Borrowers shall be ABR Borrowings.
Required Lenders may at any time revoke the Administrative Agent’s authority to make further Protective Advances to any or all Borrowers by written notice to the Administrative Agent.

More Definitions of Protective Advances

Protective Advances has the meaning set forth in Section 2.2(a).

Protective Advances has the meaning specified therefor in Section 2.3(d)(i).

Protective Advances shall have the meaning set forth in Section 16.2(f) hereof.

Protective Advances means all expenses, disbursements and advances incurred by the Administrative Agent pursuant to the Loan Documents after the occurrence and during the continuance of an Event of Default that the Administrative Agent, in its sole discretion, deems necessary or desirable to preserve or protect the Collateral or any portion thereof or to enhance the likelihood, or maximize the amount, of repayment of the Obligations.

Protective Advances shall have the meaning provided in Section 2.18.

Protective Advances has the meaning set forth in Section 1.3.