Application for Advance definition

Application for Advance has the meaning set forth in Section 2.1(a) hereof.

Application for Advance means a loan request and certificate duly executed by the Borrower, in the form that is attached hereto as Exhibit A or such other form that is approved by the Lender from time to time.

Application for Advance means a written application of the Company for a disbursement of proceeds of the Revolving Loan.

Examples of Application for Advance in a sentence

• Each Advance, Advice of Credit, Application for Advance, Other Credit Product and Other Credit Product Agreement shall be subject to the terms of the Credit Policies and applicable laws, regulations, and limitations, all as in effect from time to time, including the Bank Act, the FHFB Regulations and the statements of policy and guidelines of the FHFB, which shall be deemed to be incorporated by reference into this Advances Agreement.

• The Member may apply for Advances or commitments by completing and submitting an Application for Advance or requesting Other Credit Product services.

• The Lender shall have received a fully executed copy of the Project Loan Commitment for the Contemplated Project if there is a Project Loan Commitment for the Contemplated Project at the time of the delivery of the Application for Advance.

• Each Application for Advance shall be submitted by Borrower to Lender a reasonable time (but not less than five Business Days) prior to the requested date (which must be a Business Day) of the Advance.

• The request shall be made by delivering a Application for Advance to the Lender not less than three (3) Business Days prior to the date upon which such Advance is to be made and, if all such conditions precedent to such Advance have been satisfied, Lender shall make such Advance directly to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Application for Advance.

More Definitions of Application for Advance

Application for Advance means a written application (on a form approved by Lender) by Borrower (and such other parties as Lender may require) to Lender specifying by name, current address, and amount all parties to whom Borrower is obligated for labor, materials, or services supplied for the construction of the improvements and all other expenses incident to the Loan, the Property, and the construction of the Improvements, whether or not specified in the Approved Budget requesting an Advance for the payment of such items, containing, if requested by Lender, an Affidavit of Borrower, accompanied by such schedules, affidavits, releases, waivers, statements, invoices, bills, and other documents as Lender may reasonably request.

Application for Advance means a written request for an Advance by Borrower on that form which Lender may approve and accompanied by those attachments that Lender may reasonably request.

Application for Advance means one or more written or telephonic requests for an advance, in such form or forms as shall be specified by the Bank from time to time, and which if executed by the Bank shall evidence an Advance. "Bank Deposits" shall mean all deposit accounts maintained by the Member with the Bank (excluding safekeeping accounts expressly held for the benefit of a third-party), all money, cash and checks, drafts, notices, bills, bills of exchange and bonds deposited therein or credited thereto, including any increases, renewals, extensions, substitutions and replacements, whether or not such instruments have been posted to any such deposit account, and all statements, certificates, passbooks and instruments representing any such deposit account. "Capital Stock" means all of the capital stock of the Bank owned by the Member, and all payments which have been or hereafter are made on account of subscriptions to, and all unpaid dividends on, such Capital Stock.

Application for Advance means that document required by Section 2.1.1 hereof in the form and substance of Exhibit 1.3 hereof.

Application for Advance means a written application on Lender's prescribed form, a copy of which is attached hereto as Schedule 2.11(b), certified by Borrower and Architect addressed to Lender specifying by name, current address, and amount all parties to whom Borrower is obligated for labor, materials, or services supplied for the construction of the Improvements and all other expenses incident to the Loan, the Property, and the construction of the Improvements, whether or not specified in the Approved Budget, requesting an Advance for the payment of such items, accompanied by such schedules, affidavits, releases, waivers, statements, invoices, bills, and other documents as Lender may reasonably request.

Application for Advance or "APPLICATION" means the written application of the Company for a disbursement of proceeds of the Loan, which application will be in form and substance substantially the same as EXHIBIT "A" attached to this Agreement.

Application for Advance means that certain package of documents, materials and information listed on Exhibit A below together with such other information supporting such Application for Advance as requested by Lender.