Agent Advance shall have the meaning provided in Section 2.01(e).
Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.
Certain Funds Period means the period beginning on the date of this Agreement and ending on the earliest of:
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.
Final Advance means an Advance made pursuant to Section 2.02(d).
Term Advance has the meaning specified in Section 2.01(a).
Tranche A Advance has the meaning specified in Section 2.01(a).
Initial Advance means the first Advance made pursuant to Article II.
Loan Advance The meaning specified in Section 2.2(a).
Disbursement Date is defined in Section 2.6.2.
Equipment Advance is defined in Section 2.1.1.
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Revolving Advance has the meaning given in Section 2.1.
Drawdown means a drawdown of an Advance;
Advance Date means the funding date of any Advance.
Agent Advances has the meaning set forth in Section 2.3(e)(i).
Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.
Request for Loan means a written request for a Loan substantially in the form of Exhibit E, signed by a Senior Officer of the applicable Borrower and properly completed to provide all information required to be included therein.
Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.
Permitted Advance means an advance of funds by the Assuming Bank with respect to a Shared-Loss Loan, or the making of a legally binding commitment by the Assuming Bank to advance funds with respect to a Shared-Loss Loan, that (i) in the case of such an advance, is actually made, and, in the case of such a commitment, is made and all of the proceeds thereof actually advanced, within one (1) year after the Commencement Date, (ii) does not cause the sum of (A) the book value of such Shared-Loss Loan as reflected on the Accounting Records of the Assuming Bank after any such advance has been made by the Assuming Bank plus (B) the unfunded amount of any such commitment made by the Assuming Bank related thereto, to exceed 110% of the Book Value of such Shared-Loss Loan, (iii) is not made with respect to a Shared-Loss Loan with respect to which (A) there exists a related Shared-Loss Loan Commitment or (B) the Assuming Bank has taken a Charge-Off and (iv) is made in good faith, is supported at the time it is made by documentation in the Credit Files and conforms to and is in accordance with the applicable requirements set forth in Article III of this Commercial Shared- Loss Agreement and with the then effective written internal credit policy guidelines of the Assuming Bank; provided, that the limitations in subparagraphs (i), (ii) and (iii) of this definition shall not apply to any such action (other than to an advance or commitment related to the remediation, storage or final disposal of any hazardous or toxic substance, pollutant or contaminant) that is taken by Assuming Bank in its reasonable discretion to preserve or secure the value of the collateral for such Shared-Loss Loan.
Interest Advance means an Advance made pursuant to Section 2.02(a).
Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”
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.
Loan Payment Date means any date on which any Bond Service Charges are due and payable.
Term Loan as defined in Section 2.1.