Discretionary Funding Advance definition

Discretionary Funding Advance shall have the meaning given in Section 5.3.
Sample 1Sample 2Sample 3
Discretionary Funding Advance shall have the meaning given in Section 5.4. “Disposition” shall mean any sale, assignment, alienation, gift, exchange, conveyance, transfer, pledge, hypothecation, granting of a security interest or other disposition or
Sample 1Sample 2Sample 3
Discretionary Funding Advance has the meaning given that term in the LLC Operating Agreement.
Sample 1Sample 2Sample 3

Examples of Discretionary Funding Advance in a sentence

  • Interest shall accrue on each Discretionary Funding Advance for the day on which the Discretionary Funding Advance is made, and shall not accrue on a Discretionary Funding Advance, or any portion thereof, for the day on which the Discretionary Funding Advance or such portion is paid.

  • All Discretionary Funding Advances, together with a detailed statement of the sources and uses thereof (which shall be broken out by the reimbursable and unreimbursable portions thereof) and description of the allocation to the Loans for which such Discretionary Funding Advance was made, shall be reflected in the Monthly Report with respect to the calendar month during which the relevant Discretionary Funding Advance was made.


More Definitions of Discretionary Funding Advance

Discretionary Funding Advance means an advance by the Manager to the Company designated as a “Discretionary Funding Advance” pursuant to the LLC Operating Agreement for the making of applicable Funding Draws with respect to specific Loans or related Acquired Property.
Sample 1Sample 2Sample 3
Discretionary Funding Advance has the meaning set forth in Section 5.4 of the LLC Operating Agreement.
Sample 1Sample 2

Related to Discretionary Funding Advance

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

  • 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.

  • Nonrecoverable Advance Any portion of an Advance previously made or proposed to be made by the Master Servicer that, in the good faith judgment of the Master Servicer, will not be ultimately recoverable by the Master Servicer from the related Mortgagor, related Liquidation Proceeds or otherwise.

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

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

  • 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.