A Facility Advance definition

A Facility Advance means an advance (as from time to time reduced by repayment) made or to be made by the A Facility Lenders under the A Facility or arising in respect of the A Facility under Clause 15.3 (Division of Term Facility Advances).

Examples of A Facility Advance in a sentence

  • No Borrower may reborrow any part of any A Facility Advance, A1 Facility Advance, A2 Facility Advance or A3 Facility Advance which is repaid.

  • No Borrower may reborrow any part of any A Facility Advance or the A1 Facility Advance which is repaid.

  • The Borrower (or the Parent on its behalf) shall select the currency of an Advance made to it (which shall be euro or an Optional Currency) in the Utilisation Request relating to the relevant Advance provided that an A Facility Advance shall be made in euro, a B1 Facility Advance and a C1 Facility Advance shall be made in dollars and a B2 Facility Advance and a C2 Facility Advance shall be made in euro.

  • A Borrower (or the Parent on its behalf) shall select the currency of an Advance made to it (which shall be euro or an Optional Currency) in the Utilisation Request relating to the relevant Advance provided that an A Facility Advance shall be made in euro, a D1 Facility Advance shall be made in dollars and a D2 Facility Advance shall be made in euro.

  • No Borrower may reborrow any part of any A Facility Advance which is repaid.

  • The Borrower (or the Parent on its behalf) shall select the currency of an Advance made to it (which shall be euro or an Optional Currency) in the Utilisation Request relating to the relevant Advance provided that an A Facility Advance shall be made in euro, a B1 Facility Advance shall be made in dollars and a B2 Facility Advance shall be made in euro.

  • No Borrower may reborrow any part of any A Facility Advance, any A1 Facility Advance or any A2 Facility Advance which is repaid.

Related to A Facility Advance

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

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • 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.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

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

  • 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.

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

  • Equipment Advance is defined in Section 2.1.1.

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Revolving Advance has the meaning given in Section 2.1.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • 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.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

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

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

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

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

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

  • Cash Advance means an advance or payment made in any currency or by travellers’ cheques, notes or other forms representing an amount of any currency by any Merchant, bank or other financial institution and shall include any amount paid by DBS for the credit of the Cardmember’s account(s) with any person which had issued to the Cardmember any credit or charge card(s).

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

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

  • 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).

  • Interest Drawing has the meaning assigned to such term in Section 3.6(a).