Additional Fundings definition

Additional Fundings means any withdrawals from the Collateral Reinvestment Account for any of the purposes set forth in Section 2(f) of the Administration Agreement.
Additional Fundings means the moneys transferred from the Pre-Funding Account on Subsequent Transfer Dates during the Funding Period, and shall consist of amounts paid to the applicable Seller to acquire Subsequent Student Loans as of the applicable Subsequent Cut-off Dates, to pay capitalized interest on the Student Loans, as applicable, and to remit to the Collection Account if the amount on deposit in the XXXX Pledge Fund is less than the amount specified in Section 8.10 of the Indenture.
Additional Fundings means the moneys transferred from the Group I or Group II Pre-Funding Account, as applicable, and the Group I or Group II Escrow Account, as applicable, on Subsequent Transfer Dates during the Funding Period, and shall consist of amounts paid to the Depositor and by the Depositor to the Seller to acquire Subsequent Student Loans and Other Student Loans (that become Group I or Group II Student Loans, as applicable) as of the applicable Subsequent Cut-off Dates, to pay capitalized interest on the Group I or Group II Student Loans, as applicable, and to pay Guarantee Fee Advances, if applicable, as provided in Section 5.08(a) of the Sale and Servicing Agreement.

Examples of Additional Fundings in a sentence

  • The Issuer shall not engage in any business other than financing, purchasing, owning, selling and servicing the Financed Student Loans and making Additional Fundings in the manner contemplated by this Indenture and the other Basic Documents and activities incidental thereto.


More Definitions of Additional Fundings

Additional Fundings means any withdrawals from the Pre-Funding Account for any of the purposes set forth in Section 2(f) of the Administration Agreement.
Additional Fundings has the meaning set forth in Section 4.02(b).
Additional Fundings means any withdrawal of amounts from the Pre-Funding Account for the purposes set forth in Section 8.05(a) of the Indenture.
Additional Fundings means the moneys transferred from the Group I or Group II Pre-Funding Account, as applicable, and the Group I or Group II Escrow Account, as applicable, on Subsequent Transfer Dates during the Funding Period with respect to Additional Student Loans (but only until the Special Determination Date with respect to the Subsequent Student Loans), and shall consist of amounts paid to the Depositor and by the Depositor to the Seller to acquire Subsequent Student Loans and Other Student Loans (that become Group I or Group II Student Loans, as applicable) as of the applicable Subsequent Cutoff Dates, to pay capitalized interest on the Group I or Group II Student Loans, as applicable, and to pay Guarantee Fee Advances, if applicable, as provided in Section 5.08(a) of the Sale and Servicing Agreement.
Additional Fundings. With respect to any Commercial Loan, any advances ------------------- made by the Originator to the related Obligor after the Transfer Date for such Commercial Loan pursuant to the terms of the Commercial Loan Note and related loan documents.
Additional Fundings means any expenditure of the Net Principal Cash Flow Amount used to purchase Serial Loans pursuant to Section 2(d)(i) of the Administration Agreement.
Additional Fundings means the moneys transferred from the Acquisition Fund Account on Subsequent Cutoff Dates during the Acquisition Period, and shall consist of amounts paid to the Depositor to acquire Subsequent Student Loans as of the applicable Subsequent Cutoff Dates.