Unreimbursed Servicer Advances. At any time, the amount of all previous Servicer Advances (or portions thereof) as to which the Servicer has not been reimbursed as of such time in accordance with the Priority of Payments and that the Servicer has determined in its sole discretion will not be recoverable from Collections with respect to the related Transferred Loan.
Appears in 5 contracts
Samples: Loan and Servicing Agreement (Prospect Capital Corp), Loan and Servicing Agreement (Prospect Capital Corp), Loan and Servicing Agreement (Prospect Capital Corp)
Unreimbursed Servicer Advances. At any time, the amount of all previous Servicer Advances (or portions thereof) as to which the Servicer has not been reimbursed as of such time in accordance with the Priority of Payments and that the Servicer has determined in its sole discretion will not be recoverable from Collections with respect pursuant to the related Transferred LoanSection 2.7.
Appears in 5 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corporation)
Unreimbursed Servicer Advances. At any time, the amount of all previous Servicer Advances (or portions thereof) as to which the Servicer has not been reimbursed as of such time in accordance with the Priority of Payments pursuant to Section 2.8 and that the Servicer has determined in its sole discretion will not be recoverable from Collections with respect to the related Transferred Loan.
Appears in 3 contracts
Samples: Loan and Servicing Agreement (Prospect Capital Corp), Credit Agreement (Gladstone Capital Corp), Credit Agreement (Gladstone Capital Corp)
Unreimbursed Servicer Advances. At any time, the amount of all previous Servicer Advances (or portions thereof) as to which the Servicer has not been reimbursed as of such time in accordance with the Priority of Payments pursuant to subsection 2.9(a)(1)(ii) and (b)(ii) and that the Servicer has determined in its sole discretion will not be recoverable from Collections with respect to the related Transferred Loan.
Appears in 1 contract
Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD)
Unreimbursed Servicer Advances. At any time, the amount of all previous Servicer Advances (or portions thereof) as to which the Servicer has not been reimbursed as of such time in accordance with pursuant to Section 2.11 of the Priority of Payments Sale and that Servicing Agreement and which the Servicer has determined in its sole discretion will not be recoverable from Collections are Uncollectible Advances, and with respect to which the related Transferred LoanServicer has given a written certification to such effect to the Indenture Trustee and the Facility Administrator.
Appears in 1 contract
Samples: Definitions Annex (Bluegreen Corp)
