Advance Percentage definition

Advance Percentage means, with respect to a Lender, the percentage of each Advance specified opposite such Lender’s name on Schedule 1 hereto.

Advance Percentage means, with respect to:

Advance Percentage with respect to: (a) Eligible Owned Assets, 60%; and (b) Eligible Ground Leased Assets, 60%.

Examples of Advance Percentage in a sentence

• Notwithstanding anything herein to the contrary, each Lender severally commits to make such Lender’s Advance Percentage of each Advance.

• The failure of the Lenders in any Related Group to fund such Related Group’s Applicable Advance Percentage of any such Advance shall not excuse the Lenders in any other Related Group from funding such other Related Group’s Applicable Advance Percentage of such Advance; provided, that no Lender in any Related Group shall be responsible for the failure of any Lender in any other Related Group to fund any Advance.

• On each Advance Date, each Related Group shall, not later than 2:00 p.m., New York City time, on such Advance Date, remit its Applicable Advance Percentage of the requested Advance by wire transfer of immediately available funds to the account designated by the Administrative Agent, which shall be funded by the Lenders in each Related Group in the manner set forth in, and shall be subject to the terms of, Section 2.01(a).

• Each reduction of the Commitments shall be applied to the Committed Lenders in accordance with their respective Applicable Advance Percentage.

• The net commission due agent is calculated by the applicable commission by the Advance Percentage.

More Definitions of Advance Percentage

Advance Percentage means the percentage specified as the "Advance Percentage" in the Pool Conditions.

Advance Percentage shall be eighty percent (80%).

Advance Percentage means the percentage specified in Section 2.1 hereof.

Advance Percentage has the meaning ascribed to such term in the Pricing Side Letter.

Advance Percentage means the percentage of a member’s or Former Member’s principal balance of advances outstanding, which is used to calculate the activity stock requirement. As described in this Capital Plan, the Board of Directors may adjust this percentage.

Advance Percentage means at any time, the decimal expressed as a percentage equal to: FA - CA ------- XXX where: FA = the Facility Amount at such time; CA = the amount of Collections on deposit in the Collection Account at such time to be applied in accordance with Sec tion 2.05 on the next Remittance Date, minus the portion of such Collections which are required to be set aside for the payment of accrued Yield pursuant to Section 2.05(a) hereof; and XXX = the Eligible Receivables Balance at such time.

Advance Percentage means 85%.