AXELs Series A Advance definition

AXELs Series A Advance has the meaning specified in Section 2.01(b).
AXELs Series A Advance has the meaning specified in Section 2.01(b). "AXELs Series A Borrowing" means a borrowing consisting of simultaneous AXEL Series A Advances of the same Type made by the AXELs Series A Lenders. "AXELs Series A Commitment" means, with respect to any AXELs Series A Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "AXELs Series A Commitment' or, if such Lender has entered into one or more Assignments and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as 39 9 such Lender's "AXELs Series A Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05. "AXELs Series A Facility" means, at any time, the aggregate amount of the AXELs Series A Lenders' AXELs Series A Commitments at such time. "AXELs Series A Lender" means any Lender that has an AXELs Series A Commitment. "AXELs Series A Note" means a promissory note of the Borrower payable to the order of any AXELs Series A Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such lender resulting from the AXELs Series A Advance made by such Lender. AXELs Series B Advance" means any Existing AXELs Series B Advance or any New AXELs Series B Advance. "AXELs Series B Borrowing" means a borrowing consisting of simultaneous AXELs Series B Advances of the same Type made by the AXELs Series B Lenders. "AXELs Series B Commitment" means an Existing AXELs Series B Commitment or a New AXELs Series B Commitment. "AXELs Series B Facility" means, at any time, the aggregate amount of the AXELs Series B Lenders' AXELs Series B Commitments at such time. "AXELS SERIES B Lender" means any Existing AXELs Series B Lender or any New AXELs Series B Lender. "AXELs Series B Note" means a promissory note of the Borrower payable to the order of any AXELs Series B Lender, in substantially the form of Exhibit A-3 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from the AXELs Series B Advance made by such Lender. "Bank Hedge Agreement" means any Hedge Agreement required or permitted under Article V that is entered into by and between the Borrower and any Hedge Bank. "Base Rate" means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of: (a) the rate of interest announced publicly by Citibank in New York, New York, from time t...

Examples of AXELs Series A Advance in a sentence

  • We understand that several coal generation and nuclear generating units will be decommissioned before 2020.

Related to AXELs Series A Advance

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • 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.

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

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

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

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Equipment Advance is defined in Section 2.1.1.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Revolving Advance has the meaning given in Section 2.1.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

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

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Tranche C Term Loan as defined in Section 2.1.