Additional Advance Date definition

Additional Advance Date has the meaning given to such term in Section 2.01.

Additional Advance Date has the meaning set forth in Section 2.1(g)(i).

Additional Advance Date shall have the meaning specified in Section 3(p) of this Agreement.

Examples of Additional Advance Date in a sentence

• No Event of Loss has occurred with respect to any such Additionally Financed Aircraft as of the Additional Advance Date.

• No Event of Loss has occurred with respect to any Initial Financed Aircraft as of the Initial Advance Date, or any Additionally Financed Aircraft as of the related Additional Advance Date.

• All necessary waivers, consents, approvals and authorizations required in connection with the Transaction Documents dated as of the Additional Advance Date and the transactions contemplated therein shall have been delivered.

• On each Purchase Date and Additional Advance Date, Seller hereby sells, assigns and conveys all of Seller’s rights and interests in the Purchased Mortgage Loans identified on the related Purchased Mortgage Loan Schedule and the Related Purchased Mortgage Loans related thereto.

• Buyer’s payment of Purchase Price on any Purchase Date or Additional Advance Date, as applicable, may, at Buyer’s discretion, net any accrued and unpaid Price Differential with respect to any or all Purchased Mortgage Loans up to and including such Purchase Date or Additional Advance Date, whether or not such Price Differential is then due and payable.

More Definitions of Additional Advance Date

Additional Advance Date means, with respect to each Advance subsequent to the initial Advance, the first date upon which all of the conditions precedent set forth in Section 3.2 are satisfied or waived by Lender in its sole discretion. If all Advances are made on the same date, the Additional Advance Date shall be such date.

Additional Advance Date means, with respect to any HomeSafe Flex or HomeSafe Select, the date on which Buyer transfers additional Purchase Price to Seller in accordance with Section 3(c) in connection with Buyer’s purchase of any Additional Amounts relating to the applicable Purchased Mortgage Loan. “Additional Amounts” shall mean with respect to each Mortgage Loan, all amounts, without duplication, added to the Principal Balance of any Mortgage Loan after origination as to each particular Mortgage Loan by: (i) the Principal Advances actually made to the Mortgagors under the terms of the Mortgage Loans, (ii) any accrued and unpaid interest thereon, (iii) any accrued but unpaid Servicing Fees, if applicable, (iv) any accrued but unpaid mortgage insurance premiums, (v) Servicing Advances as set forth herein and (vi) any other fees, costs and expenses that are required or permitted to be incurred under Applicable Requirements and the Mortgage Loan Documents, that are actually incurred and that are properly added to the outstanding unpaid balance of the loan in accordance with the Mortgage Loan Documents (e.g., such expenses include, but are not limited to, costs of repair and protective advances). “Affiliate” shall mean with respect to any Person, any “affiliate” of such Person, as such term is defined in the Bankruptcy Code, provided that with respect to Seller, only Finance of America Companies Inc., Finance of America Equity Capital LLC and all direct and indirect Subsidiaries of Finance of America Equity Capital LLC shall be Affiliates for purposes of this Agreement.

Additional Advance Date means, with respect to any HomeSafe Flex or HomeSafe Select, the date on which Buyer transfers additional Purchase Price to Seller in accordance with Section 3(c) in connection with Buyer’s purchase of any Additional Amounts relating to the applicable Purchased Mortgage Loan.

Additional Advance Date has the meaning set forth in SECTION 2.1(c).

Additional Advance Date means any date upon which an Additional Advance (up to the Additional Advance Capacity) is made by Buyer to Seller on the related Purchased Asset.

Additional Advance Date is defined in Section 1.4.

Additional Advance Date means April 13, 2018.