Customer Advance definition

Customer Advance means any amount advanced by the REIT or any of its Subsidiaries on behalf of any customer of the REIT or any of its Subsidiaries, in each case pursuant to and in accordance with the provisions of a Management Contract between such customer and the REIT or any of its Subsidiaries in the ordinary course of business. “Customer Advances” means all such Customer Advances.
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Customer Advance means the value to be received by the Trustee, in accordance with the REIT Regulations, 2022, from the Customer in advance in pursuance of payment schedule against the Sale Price for the sale of the End Product in the REIT Project.
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Examples of Customer Advance in a sentence

  • As of the Reference Date, Exhibit “C” sets forth a complete and accurate list of the Pledged Stock, and to the extent the same has a value in excess of $5,000,000 individually or $10,000,000 in the aggregate, Instruments, Securities and other Investment Property (to the extent the same do not constitute Cash Equivalent Investments or Customer Advance Notes) delivered to the Collateral Agent.

  • Investment tax credits (ITCs) are accounted for as government assistance and are accrued when qualifying expenditures are made and there is reasonable assurance that the credits will be realized.

  • No Grantor shall permit any Person other than such Grantor or the Agent to maintain possession of any Customer Advance Note.

  • The Borrower agrees to comply in all material respects with the Credit Policy with regard to each Customer Loan, Customer Advance and Customer Loan Documents.

  • Each Customer Loan will be established and each Customer Advance will be made in substantial accordance with the Credit Policy.

  • As of the Reference Date, Exhibit "C" sets forth a complete and accurate list of the Pledged Stock, and to the extent the same has a value in excess of $5,000,000 individually or $10,000,000 in the aggregate, Instruments, Securities and other Investment Property (to the extent the same do not constitute Cash Equivalent Investments or Customer Advance Notes) delivered to the Agent.

  • Within five (5) Business Days after the approval of a Customer Loan, of any documents, instruments and agreements evidencing or otherwise relating to any Customer Advance or related Customer Collateral received by any of the Borrower, the Borrower shall deliver directly to the Custodian for the benefit of the Collateral Agent pursuant to the Custodial Agreement the original Customer Note relating to such Customer Loan, together with copies of all other Customer Loan Documents.

  • Accounts Receivable Deferral and Customer Advance Policy Title: Accounts Receivable Deferral Authorizations for U.S. Entities Policy Number: CR-02 Department: Client Financial Services Date: Updated: September, 2014 Authorization: Chief Financial Officer Purpose: To establish authority for approval of non-standard forms of customer credit or variances from standard payment terms.

  • Sierra Pacific Power Company Customer Advance for Construction Monthly Activity for Tax Department Gross-up Account 253-000-Aging Summary provided by Xxx Xxxxxxx in Rate Department.

  • Commencing on September 15, 1999 and on the 15th day -------------------- of each month thereafter, Borrower shall furnish a report detailing the aging of Accounts Receivable of Borrower, the Borrowing Base Certificate as of the last day of the preceding month, a Customer Advance Payment Report in the form attached as Schedule 5.9.1(a) and a Progress Billing Report detailing deposits made by customers on orders as customarily maintained by Borrower in the form attached as Schedule 5.9.1(b).

Related to Customer Advance

  • Provider Advance means a Downgrade Advance or a Non-Extension Advance.

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.

  • The Advance Purchase Order or “Letter of Intent” means the intention of Purchaser to place the Purchase Order on the bidder.

  • 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.

  • Unapplied Provider Advance means any Provider Advance other than an Applied Provider Advance.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

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

  • 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.

  • The Advance Work Order or “Letter of Intent” means the intention of Purchaser to place the Work Order on the bidder.

  • Equipment Advance is defined in Section 2.1.1.

  • Cash Advance means the amount requested by you and advanced to you by any method approved by us according to the terms of this Agreement in cash or cash equivalent items (including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, vouchers redeemable for cash, or racetrack xxxxxx).

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

  • Applied Provider Advance has the meaning assigned to such term in Section 2.06(a).

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

  • Servicing Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

  • Advance Facility As defined in Section 3.22.

  • 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.

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

  • Property Advance means an advance made in respect of property protection expenses or expenses incurred to protect, preserve and enforce the security for the Mortgage Loan or to pay taxes and assessments or insurance premiums with respect to the Mortgaged Property.

  • Unpaid Advance has the meaning assigned to such term in Section 2.05.

  • Non-Recoverable Advance Any portion of an Advance previously made or proposed to be made by the Servicer that, in the good faith judgment of the Servicer, will not or, in the case of a current delinquency, would not, be ultimately recoverable by the Servicer from the related Mortgagor, related Liquidation Proceeds or otherwise with respect to the related Mortgage Loan.