Funding Advances definition

Funding Advances means all advances made by BNPPLC’s Parent or any Participant to or on behalf of BNPPLC to allow BNPPLC to make the Initial Advance and to provide the Construction Allowance or maintain its investment in the Property.
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Funding Advances means (1) the Initial Funding Advance and (2) all future advances made by BNPLC's Parent or any other Participant to or on behalf of BNPLC to allow BNPLC to provide the Construction Allowance.
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Funding Advances means advances made by any Person in its capacity as a Funding Entity.
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Examples of Funding Advances in a sentence

  • Nothing in this subparagraph will be construed to require BNPPLC’s Parent or any Participant to create any new office through which to make or maintain Funding Advances.

  • The Manager may not assign, sell, transfer, participate, pledge, or hypothecate, in whole or in part, its interest in any Discretionary Funding Advances without the consent of the Initial Member, and until the Purchase Money Notes Defeasance Date, the Purchase Money Notes Guarantor.

  • In no event may Discretionary Funding Advances be used for payment of any Working Capital Expenses other than Funding Draws.

  • The proceeds of Discretionary Funding Advances shall be deposited into the Collection Account for disbursement therefrom for the making of the applicable Funding Draws.

  • 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.

  • Without limiting the generality of the foregoing, the Company shall assume on and as of the Closing Date all obligations with respect to funding any Funding Draws and shall consult and coordinate with the Paying Agent concerning any advances from the Working Capital Reserve and the provision of any Discretionary Funding Advances to fund any such construction draws.

  • The Servicer shall not cause funds from any other source (other than interest or earnings on the Loan Proceeds and the proceeds of Excess Working Capital Advances and Discretionary Funding Advances and other funds expressly permitted to be deposited into the Collection Account pursuant to the Custodial and Paying Agency Agreement) to be commingled in the Collection Account.

  • Pursuant to Section 5.3 of the LLC Operating Agreement, the Manager may make, at its discretion, Discretionary Funding Advances from its own funds to the extent there are insufficient funds in the Collection Account and the Working Capital Reserve with which to fund any Funding Draw permitted pursuant to any Loan Documents, which Discretionary Funding Advances are to be designated as applicable only to the Loan for which any Funding Draw is funded.

  • Any Discretionary Funding Advances are to be deposited into the Collection Account from which the funds will be available to fund such Funding Draw.

  • In no event may Discretionary Funding Advances be used for payment of any Working Capital Expenses.


More Definitions of Funding Advances

Funding Advances means (1) advances (equal in the aggregate to the Initial Investment) made on or prior to the date hereof by Landlord's Parent and other Participants to or on behalf of Landlord to permit Landlord to acquire or maintain its investment in the Leased Property and to allow Landlord to provide the advance described in the definition of Closing Costs in subparagraph 1.(s), (2) future advances (which, together with the Funding Advances described in the preceding clauses (1), are expected to total $86,000,000) made by Landlord's Parent or any Participant to or on behalf of Landlord to allow Landlord to provide Construction Advances hereunder and to cover Carrying Costs, and (3) future advances made by Landlord's Parent or any Participant to or on behalf of Landlord in replacement of or renewal and extension of other Funding Advances. For example, if after the date hereof a new Participant advances funds on behalf of Landlord to Landlord's Parent or another then existing Participant in repayment of all or part of Funding Advances previously made by Landlord's Parent or the other Participant, such advance of funds by the new Participant shall constitute a Funding Advance hereunder, and the prior Funding Advances so repaid to Landlord's Parent or the other Participant shall thereupon cease to constitute Funding Advances for purposes of this Lease. (az) GAAP. "GAAP" means generally accepted accounting principles in the United States of America as in effect from time to time, applied on a basis consistent with those used in the preparation of the financial statements referred to in subparagraph 9.
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Funding Advances means the Initial Funding Advance and any subsequent advances made by Landlord's Parent or any other Participant to or on behalf of Landlord in replacement of or renewal and extension of all or part of the Initial Funding Advance. For example, if after the date hereof a new Participant advances funds to or on behalf of Landlord to Landlord's Parent in repayment of all or part of the Initial Funding Advance, such advance of funds by the new Participant shall constitute a Funding Advance hereunder.
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Funding Advances means (1) the Initial Funding Advances and (2) all future advances (which, together with Initial Funding Advances, are expected to total but in no event exceed $330,000,000) made by Landlord's Parent or any Participant to or on behalf of Landlord to allow Landlord to provide the Construction Allowance hereunder.
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Funding Advances means (1) the Initial Funding Advance and (2) all future advances made by BNPPLC's Parent or any other
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Funding Advances means (1) the Initial Funding Advance and (2) all future advances (which, together with Initial Funding Advance, are expected to total but in no event exceed $18,200,000) made by Landlord's Parent or any Participant to or on behalf of Landlord to allow Landlord to provide the Construction Allowance hereunder.
Sample 1
Funding Advances means (1) the Initial Funding Advance and (2) all future advances (which, together with Initial Funding Advance, are expected to total but in no event exceed $173,330,000) made by BNPLC's Parent or any Participant to or on behalf of BNPLC to allow BNPLC to provide the Construction Allowance under the Lease.
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Related to Funding Advances

  • 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.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Advance has the meaning given in Section 2.1.

  • Servicing Advances All customary, reasonable and necessary "out of pocket" costs and expenses incurred in the performance by the Master Servicer of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration and protection of a Mortgaged Property, (ii) any expenses reimbursable to the Master Servicer pursuant to Section 3.11 and any enforcement or judicial proceedings, including foreclosures, (iii) the management and liquidation of any REO Property and (iv) compliance with the obligations under Section 3.09.

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

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Monthly Advances Principal and interest advances and servicing advances including costs and expenses of foreclosure.

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

  • Nonrecoverable Advances Means, with respect to any Mortgage Loan, (a) any Delinquency Advance or Servicing Advance previously made and not reimbursed pursuant to Section 5.03 of the Sale and Servicing Agreement, or (b) a Delinquency Advance proposed to be made in respect of a Mortgage Loan or REO Property either of which, in the good faith business judgment of the Servicer, as evidenced by an Officer’s Certificate delivered to the Indenture Trustee no later than the Business Day following such determination, would not ultimately be recoverable pursuant to Section 5.03 of the Sale and Servicing Agreement.

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

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

  • 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.

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category. “Eligible Purchases” These are from purchases of goods and services you make with your account (a) at certain merchants or of specified types listed in the Schedule; and (b) in which a single or multiple items are purchased in the same transaction totaling certain amounts as listed in the Schedule. Each Eligible Purchase may be kept track of separately on your statement and may be treated as its own Balance Category. Eligible Purchase(s) may also be referenced and abbreviated as “Elig Purch” in some locations in the Schedule.

  • 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.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

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

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Subservicer Advance Any delinquent installment of principal and interest on a Mortgage Loan which is advanced by the related Subservicer (net of its Subservicing Fee) pursuant to the Subservicing Agreement.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Revolving Loans as defined in Section 2.4(a).

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