Direct Advance definition

Direct Advance means an Advance by way of a deposit by the Liquidity Facility Provider to the Collections Account of the Series Trust in accordance with clause 4.5(a).
Direct Advance refers to any Advance with respect to which the relevant Borrower has requested that interest thereon be calculated on a Prime Rate Basis, US Base Rate Basis, US Prime Rate Basis or Libor Basis;
Direct Advance means borrowing by entering in to a loan agreement with the lender and not by issuing securing .

Examples of Direct Advance in a sentence

  • You may choose one from the list of BlueCHiP Direct Advance network PCP providers on our website.

  • NETWORK PROVIDER is a provider that has directly entered into a contract with BCBSRI to participate in the BlueCHiP Direct Advance network.

  • Our service area for the BlueCHiP Direct Advance network includes Rhode Island.

  • PROVIDER is a provider that has not entered into a contract with us with us to participate in the BlueCHiP Direct Advance network.

  • The Administrative Agent shall record therein the amount of each Direct Advance and the issuance of each LC and BA, and shall enter therein each payment of principal and interest on the said loans and all amounts paid by the Borrowers on account of BAs and LC Liabilities and all other amounts paid by the Borrowers and becoming due under this Agreement.

  • If Credit Agent or any Lender receives any interest in excess of the amount permitted by applicable law, whether by reason of acceleration of the maturity of this Agreement, the Notes or otherwise, Credit Agent will apply the excess to the unpaid principal balance of the Warehousing Advances or RFC Direct Advance and not to the payment of interest.

  • This plan covers only limited healthcare services received outside of the BlueCHiP Direct Advance service area.

  • Notwithstanding anything contained herein to the contrary, in no event shall Borrower be entitled to request a Borrower Direct Advance, nor shall Lender be obligated to provide a Borrower Direct Advance, if the related Mortgage Loan(s) intended to be pledged by Borrower for such advance will be closed and funded for more than thirty (30) days on the date that such advance is to be made.

  • Lenders and Credit Agent will make the requested Warehousing Advance and RFC will make the requested RFC Direct Advance as soon as reasonably possible following the occurrence of such an event.

  • Section A shall cover the Ceding Company on the basis of the coverage time of the underlying original Policies afforded by the Direct Advance Premium.


More Definitions of Direct Advance

Direct Advance means any Advance within the Facilities for borrowed money.
Direct Advance means borrowing made by entering into a loan agreement with the lender and not
Direct Advance means borrowing made by entering into a loan agreement with the lender and not by issuing securities;

Related to Direct Advance

  • 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.

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

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

  • Interest Advance means an Advance made pursuant to Section 2.02(a).