ADVANCE LOANS definition

ADVANCE LOANS. If this is a single advance loan, you and I expect that you will make only one advance of principal. However, you may add other amounts to the principal if you make any payments described in the "PAYMENTS BY LENDER" paragraph below. MULTIPLE ADVANCE LOANS: If this is a multiple advance loan, you and I expect that you will make more than one advance of principal. If this is closed end credit, repaying a part of the principal will not entitle me to additional credit. PAYMENTS BY LENDER: If you are authorized to pay, on my behalf, charges I am obligated to pay (such as property insurance premiums), then you may treat those payments made by you as advances and add them to the unpaid principal under this note, or you may demand immediate payment of the charges. SET-OFF: I agree that you may set off any amount due and payable under this note against any right I have to receive money from you. "Right to receive money from you" means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation. "Any amount due and payable under this note" means the total amount of which you are entitled to demand payment under the terms of this note at the time you set off. This total includes any balance the due date for which you properly accelerate under this note. If my right to receive money from you is also owned by someone who has not agreed to pay this note, your right of set-off will apply to my interest in the obligation and to any other amounts I could withdraw on my sole request or endorsement. Your right of set-off does not apply to an account or other obligation where my rights are only as a representative. It also does not apply to any Individual Retirement Account or other tax-deferred retirement account. You will not be liable for the dishonor of any check when the dishonor occurs because you set off this debt against any of my accounts. I agree to hold you harmless from any such claims arising as a result of your exercise of your right of set-off. REAL ESTATE OR RESIDENCE SECURITY: If this note is secured by real estate or a residence that is personal property, the existence of a default and your remedies for such a default will be determined by applicable law, by the terms of any separate instrument creating the security interest and, to the extent not prohibited by law and not contrary to the terms of the se...
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ADVANCE LOANS means loans made by the Lenders to the Borrower pursuant to clause (a) of Section 2.01.
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ADVANCE LOANS. If this is a single advance loan, you and I expect that you will make only one advance of principal. However, you may add other amounts to the principal if you make any payments described in the "PAYMENTS BY LENDER" paragraph below, or if we have agreed that accrued interest not paid when due may be added to principal. MULTIPLE ADVANCE LOANS: If this is a multiple advance loan, you and I expect that you will make more than one advance of principal. If this is closed end credit, repaying a part of the principal will not entitle me to additional credit. PAYMENTS BY LENDER: If you are authorized to pay, on my behalf, charges I am obligated to pay (such as property insurance premiums), then you may treat those payments made by you as advances and add them to the unpaid principal under this note, or you may demand immediate payment of the charges. SET-OFF: I agree that you may set off any amount due and payable under this note against any right I have to receive money from you. "Right" to receive money from you" means: (1) any deposit account balance I have with you; (2) any money owed to me on an item presented to you or in your possession for collection or exchange; and (3) any repurchase agreement or other nondeposit obligation. "Any amount due and payable under this note" means the total amount of which you are entitled to demand payment under the terms of this note at the time you set off. This total includes any balance the due date for which you properly accelerate under this note. If my right to receive money from you is also owned by someone who has not agreed to pay this note, your right to set-off will apply to my interest in the obligation and to any other amounts I could withdraw on my sole request or endorsement. Your right of set-off does not apply to an account or other obligation where my rights are only as a representative. It also does not apply to any Individual Retirement Account or other tax-deferred retirement account. You will not be liable for the dishonor of any check when the dishonor occurs because you set off this debt against any of my accounts. I agree to hold you harmless from any such claims arising as a result of your exercise of your right of set-off. REAL ESTATE OR RESIDENCE SECURITY: If this note is secured by real estate or a residence that is personal property, the existence of a default and your remedies for such a default will be determined by applicable law, by the terms of any separate instrument creating the security ...
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Examples of ADVANCE LOANS in a sentence

  • SINGLE ADVANCE LOANS: If this is a single advance loan, you and I expect that you will make only one advance of principal.

  • MULTIPLE ADVANCE LOANS: If this is a multiple advance loan, you and I expect that you will make more than one advance of principal.

  • FINALLY, YOU UNDERSTAND AND AGREE THAT THE CORPORATION MAY DEDUCT FROM ANY PAYMENT PROVIDED TO YOU UNDER THIS AGREEMENT ANY AMOUNTS (INCLUDING, BUT NOT LIMITED TO, ANY ADVANCE, LOANS, OVERPAYMENT, TAX Mx. Xxxxxx Xxxxx February 21, 2006 Page 14 EQUALIZATION PAYMENTS OR OTHER MONIES) THAT THE CORPORATION DETERMINES IN GOOD FAITH THAT YOU OWE THE CORPORATION.

  • MULTIPLE ADVANCE LOANS - If this is a multiple advance loan, you and I expect that you will make more than one advance of principal.

  • MULTIPLE ADVANCE LOANS: If this is a multiple advance loan, you and I expect that you will make more than one advance of principal, If this is closed end credit, repaying a part of the principal will not entitle me to additional credit.

  • THE COMPETITIVE ADVANCE LOANS 26 3.1 Competitive Advance Loans 26 3.2 Procedure for Competitive Advance Loan Borrowing 26 3.3 Repayment of Competitive Advance Loans; Evidence of Debt 28 3.4 Prepayments 28 SECTION 4.

  • SINGLE ADVANCE LOANS: If this is a single advance ban, you and I OBLIGATIONS INDEPENDENT: 1 understand that I must pay this note expect that you will make only one advance of principal.

  • THIS PROVISION IS A MATERIAL INDUCEMENT TO LENDER ENTERING INTO THIS AGREEMENT AND MAKING ANY ADVANCE LOANS HEREUNDER.

  • THE COMPETITIVE ADVANCE LOANS 29 3.1 Competitive Advance Loans 29 3.2 Procedure for Competitive Advance Loan Borrowing 30 3.3 Repayment of Competitive Advance Loans; Evidence of Debt 31 3.4 Prepayments 32 SECTION 4.

  • THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF TEXAS; PROVIDED, HOWEVER, IT IS AGREED THAT THE PROVISIONS OF CHAPTER 346 OF THE TEXAS FINANCE CODE SHALL NOT APPLY TO THE ADVANCE LOANS, THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS.


More Definitions of ADVANCE LOANS

ADVANCE LOANS. “Ambac Funds” “Ambac Letter of Credit” “Assignee” “Assets” “Assumed Liabilities” “BLIE Amount” “BLIE Objection Notice” “BLIE Objection Period” “BLIE Statement” “Bridge Fund” “Business” “Business Intellectual Property” “COBRA” “Collateral Amount” “Collateral Amount Escrow” “Confidential Information” “Credit Support Arrangements” “De Minimis Claim” “Deductible” “Direct Lease Resolution” “Entity Interests” “Environmental Liabilities” “Escrow Agent” “Escrow Agreement” “Escrow Substitution” “Excluded Assets” “Excluded Liabilities” “February Cumulative Interest Amount” “Fiduciary Duty Action” “Fiduciary Duty Action Dispute Notice” “Fiduciary Duty Action Notice” “Financial Statement” “Firm” “First Closing Purchase Price” “Fundamental Representations” “Fund Cash Balance Certificate” “Fund Interests” “Future Interest Amount” “GP Takebacks” “GP Takeback Consent” “GP Takeback Put Option” “Guarantor” “Holdover GP Takebacks” “Indemnity Amount” “Interest Rate” “Interim Accrued Expenses” 3.3(a) 2.3(c) 5.12 2.3(c) 3.5(c) 5.9(c) 5.9(c) 5.6(a) 2.1(a)(i) 2.1(a)(ii) 2.3(j) 2.3(j) 2.3(j) 2.3(j) Definition of Bridging Issue RECITALS 3.12(a) 5.7(i) 2.4(a)(i) 2.4(a)(i) 5.13 5.9(b) 7.4 7.4 5.6(a) RECITALS 3.14 2.3(b) 2.4(a)(i) 2.4(c) 2.1(a)(iii) 2.1(a)(iv) 2.3(a) 5.1(q) 5.1(q) 5.1(q) 3.5(a) 2.3(e) 2.2(a) 7.1(a) 5.14 RECITALS 2.3(a) 2.5 2.5 2.5(c) Preamble 2.5(a) 7.4 2.3(l) 2.3(a)
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ADVANCE LOANS means an advance of funds by Lender to Borrower pursuant to Articles II, III or IIIA.
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Related to ADVANCE LOANS

  • Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Refinance Loan Any Mortgage Loan the proceeds of which are used to refinance an Original Mortgage Loan.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Revolving Advances means Advances made other than Letters of Credit.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Permitted Loans means:

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).

  • Replacement Loans has the meaning specified in Section 10.01.

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category. “Eligible Purchases” These are from purchases of goods and services you make with your account (a) at certain merchants or of specified types listed in the Schedule; and (b) in which a single or multiple items are purchased in the same transaction totaling certain amounts as listed in the Schedule. Each Eligible Purchase may be kept track of separately on your statement and may be treated as its own Balance Category. Eligible Purchase(s) may also be referenced and abbreviated as “Elig Purch” in some locations in the Schedule.

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

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.