Advance or Advances definition

Advance or Advances means a loan or loans hereunder.

Advance or Advances means the principal balance of all loans from the Bank to a Member or Former Member that are outstanding from time to time and that are (1) provided pursuant to a written agreement, (2) supported by a note or other written evidence of the borrower’s obligation, and (3) fully secured by collateral in accordance with the Act and the Regulations, including, without limitation, all such loans that are outstanding on the Effective Date.

Advance or Advances means a cash advance or cash advances made under the Revolving Facility.

Examples of Advance or Advances in a sentence

• The Servicer's obligation to make any Advance or Advances described in this Section 4.3 is effective only to the extent that such Advance is, in the good faith judgment of the Servicer, reimbursable from Insurance Proceeds or Liquidation Proceeds of the related Loans or recoverable as late Monthly Payments with respect to the related Loans or otherwise.

• The notice of prepayment shall specify the date of the prepayment, the amount of the prepayment, and the Advance or Advances prepaid.

• All such amounts paid by Agent and/or reimbursed by the Banks shall be treated as an Advance or Advances under the Revolving Commitment, which Advances shall be immediately due and payable and shall bear interest at the Default Rate.

• All such amounts paid by Agent and/or reimbursed by the Lenders shall be treated as an Advance or Advances under the Commitment, which Advances shall be immediately due and payable and shall bear interest at the Maximum Rate.

• On the date of any such funding, the Servicer shall elect whether or not to require the Participants to fund their respective Pro Rata Share of such Advance or Advances to be made on such date.

More Definitions of Advance or Advances

Advance or Advances means any loan or advance, including Letter of Credit Outstandings, from any Lender to the Borrower under the Revolving Credit Facility pursuant to Section 2.1 of this Agreement.

Advance or Advances means a Loan or Loans by the Lender hereunder.

Advance or Advances means disbursements or advances of proceeds of the Loan made by Lender pursuant to, and in accordance with, the terms and provisions of the Loan Agreement.

Advance or Advances means a Loan or Loans by each of the Lenders hereunder.

Advance or Advances means a loan or loans hereunder. "Affiliate" shall mean any Person which, directly or

Advance or Advances means a loan or loans under the Revolving Commitment.

Advance or Advances means an advance or advances of proceeds of the Loan.