Advance Repayment definition

Advance Repayment shall have the meaning given to it in Section 1(c).
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Advance Repayment shall have the meaning set forth in Section 2(c). (f) “Borrower” shall have the meaning set forth in the preamble of this Note. (g) “Borrower Repayment” shall have the meaning set forth in Section 2(c). (h) “Business Day” shall mean any day except Saturday, Sunday and any day which shall be a federal legal holiday in the United States or a day on which banking institutions are authorized or required by law or other government action to close. (i) “Change in Control” shall have the meaning set forth in Section 3(c). (j) “Closing” shall have the meaning given to it in the SEPA. (k) “Combination Repayment” shall have the meaning set forth in Section 7(h). (l) “Combination Repayment” shall have the meaning set forth in Section 2(c). (m) “Deferred Repayment Schedule” shall have the meaning set forth in Section 2(a). (n) “Event of Default” shall have the meaning set forth in Section 3. (o) “Holder” shall have the meaning set forth in the preamble of this Note. (p) “Installment Amount” shall mean the amount of Principal set out under the column “Installment Amount” in the Repayment Schedule. (q) “Interest” shall have the meaning set forth in the preamble of this Note. (r) “Interest Rate” shall have the meaning set forth in Section 2(c). (s) “Issuance Date” shall have the meaning set forth in the preamble of this Note. (t) “Maturity Date” shall have the meaning set forth in Section 2(a).
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Advance Repayment. In exchange for an advance, you sell your future received wage payment to B9. By enrolling in B9 Advance Service and obtaining an Advance, you authorize B9 to apply any deposit, including any paycheck deposit to repay the Advance. We reserve the right to debit your Linked Account, debit card or B9 Account for the amount of the advance any time after the later of: (1) we see evidence of a deposit (such as a paycheck) into your Linked Account or B9 Account, or (2) the pay back date selected by you through the B9 App. In the event of non-repayment of an Advance, B9 will make one attempt to pull funds from a linked external account to recover overdue balance. B9 will first attempt repayment from the B9 Account and only if funds are not available then make the one and only attempt to pull funds from the linked account. B9 may attempt a partial repayment of the Advance from the B9 Account and then attempt to pull the remaining balance from the linked account. B9 will attempt to debit the linked account once. However, B9 warrants that it has no legal or contractual claim against you based on a failure to repay an advance, but B9 will not provide you further advances while any amount remains unpaid under the B9 Advance Service. With respect to a failure to repay an Advance, B9 warrants itwill not engage in any debt collection activities, place the amount owed with or sell to a third party, or report you to a consumer reporting agency. B9 does not waive any rights regarding fraudulent activity, and B9 will pursue instances of fraud. Advance repayments will be initiated 14 days after the advance was disbursed to the customer’s B9 account, if any advance is not fully repaid within 15 calendar days from the date when we credited your B9 Account or linked account for the cash advance, B9 may unenroll your account from B9 Advance Service. This unenrollment from B9 Advance Service shall not prevent you from using your B9 Account or B9 card or any other B9 Services. You will not be able to obtain further B9 Advances while your prior advance remains outstanding. If you have a linked account and insufficient funds in your B9 Account, B9 may initiate a chargeback on your linked account to satisfy your outstanding B9 Advance. Although B9 is helping users avoid overdraft fees, B9 is not responsible for any overdraft fees, over-the-limit fees, insufficient fund charges, or any other bank fees that result from your failureto maintain a sufficient balance in your Linked Account. ...
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Examples of Advance Repayment in a sentence

  • Upon the closing of such Advance Notice in accordance with Section 2.02 of the SEPA, the Holder shall offset the amount due to be paid by the Holder to the Company under the SEPA against the portion of the Installment Amount to be paid by the Advance Repayment.

  • If the Company elects an Advance Repayment in accordance with (ii) of this Section 1(c), for all or a portion of an Installment Amount, then the Company shall deliver an Advance Notice to the Holder in accordance with the terms and conditions of the SEPA, that will have an Advance Date on or before the applicable Installment Date.

  • Upon the closing of such Advance Notice in accordance with Section 2.02 of the SEPA, the Holder shall offset the amount due to be paid by the Holder to the Company under the SEPA against an equal amount of the Installment Amount to be paid by the Advance Repayment.

  • Any repayments made in excess of amounts then due, whether from an Advance Repayment, Optional Redemption, conversions, or otherwise shall have the effect of reducing amounts due on subsequent Repayment Dates in the order that they come due.

  • The Company shall, at its own option, either (i) repay in cash each Installment Amount set forth on the Repayment Schedule on or before each applicable Repayment Date, (ii) repay each Installment Amount by submitting an Advance Notice or a series of Advance Notices (an “Advance Repayment”) each with an Advance Date on or before each applicable Repayment Date, or (iii) repay in a combination of a cash repayment or an Advance Repayment.

  • No Payment Premium shall apply in respect of an Advance Repayment.

  • Upon the closing of such Advance Notice in accordance with Section 2.02 of the SEPA, the Holder shall offset the amount due to be paid by the Holder to the Company under the SEPA against the portion of the Payment Amount to be paid by the Advance Repayment.

  • For so long as this Note is outstanding, unless otherwise agreed by the Holder, if the Company delivers an Advance Notice under the SEPA, the Company shall be deemed to have elected an Advance Repayment in respect of such Advance Notice up to amount outstanding under this Note, until this Note is fully repaid.

  • For the avoidance of doubt, the Premium Amount shall not apply in respect of any Installment Amount paid by an Advance Repayment or the portion of any Combination Repayment constituting an Advance Repayment, but shall apply to any Borrower Repayment or the portion of any Combination Repayment constituting a Borrower Repayment.

  • If the Company elects (or is deemed to have elected, as set forth below) an Advance Repayment in accordance with (ii) of this Section 2(a), for all or a portion of an Installment Amount, then the Company shall deliver an Advance Notice to the Holder in accordance with the terms and conditions of the Yorkville SEPA, that will have an Advance Date on or before the applicable Installment Date.


More Definitions of Advance Repayment

Advance Repayment or “Advance Repayments” means payment or payments as required to be paid by the City under Section 3.1 the Advance Agreement, as a regularly scheduled payments.
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Related to Advance Repayment

  • Loan repayment means the cancellation and repayment of loans

  • Equipment Advance has the meaning set forth in Section 2.1.2.

  • Term Advance has the meaning specified in Section 2.01(a).

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

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the Facility Repayment Date.

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

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • SOFR Advance means an Advance that bears interest at a rate based on Term SOFR.

  • Downgrade Advance means an Advance made pursuant to Section 2.02(c).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.