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).
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Direct Advance means borrowing by entering in to a loan agreement with the lender and not by issuing securing .
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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;
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Examples of Direct Advance in a sentence

  • 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.

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

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

  • Pursuant to the Agreements, Milestone advanced (1) $243,565 to MF Stein, the amounts it was to be paid in connection with the PPA Project (the “Direct Advance”); and (2) $55,000 to MF Stein in the form of joint checks paid to MF Stein and its subcontractors (the “Joint Check Advance,” collectively with the Direct Advance, the “Advances”).

  • Program and Direct Advance Cardiopulmonary Resuscitation (must be certified inACLS).

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

  • A customer may raise a request for Direct Advance Remittance for the purpose of purchase/import of goods and services through Trade Portal along with therequisite underlying documents such as invoice, transport document, certificate of origin or as per the Bank’s extant guidelines.

  • Experts pointed out that, in particular with small and medium sized businesses, the initial impulse to seek advice, to assess the business’s situation further, and to enter into negotiations with creditors, often comes from one of two external players: tax advisors hired by the company or banks.

  • The Directors and the Local Governing Body (by prior agreement of the Trust Board) may delegate such powers and functions as they consider are required by the Principal/Executive Principal for the internal organisation, management and control of the Academy (including appointments, dismissals (excluding at Head of School/Vice - Principal level), the implementation of all policies approved by the Directors and the Local Governing Body and for the direction of the teaching and curriculum at the Academy).


More Definitions of Direct Advance

Direct Advance means borrowing made by entering into a loan agreement with the lender and not by issuing securities;
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Direct Advance means borrowing made by entering into a loan agreement with the lender and not
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Direct Advance means any Advance within the Facilities for borrowed money.
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Direct Advance means borrowing made by entering into a 1oan agreement with the 1ender and not by issuing securities;
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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.

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

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

  • Equipment Advance is defined in Section 2.1.1.

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

  • 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.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Revolving Advance has the meaning given in Section 2.1.

  • Swing Line Advance has the meaning ascribed to it in Section 1.1(c)(i).

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Eligible advance means an advance made before August 19, 1993.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • 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.

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

  • 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.

  • 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.

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

  • 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.

  • Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.

  • 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.

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

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