Revolving Advance has the meaning given in Section 2.1.
Loan Advance The meaning specified in Section 2.2(a).
Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.
Agent Advance shall have the meaning provided in Section 2.01(e).
Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.
Term Advance has the meaning specified in Section 2.01(a).
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.
Interest Advance means an Advance made pursuant to Section 2.02(a).
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.
Servicing Advance shall have the meaning given thereto in the Lead Securitization Servicing Agreement.
Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.
Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.
Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.
RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.
Tranche A Advance has the meaning specified in Section 2.01(a).
Future Advance means an Advance made after the Initial Closing Date.
Servicing Advance Reimbursement Amounts As defined in Section 3.22.
Initial Advance means the first Advance made pursuant to Article II.
Equipment Advance is defined in Section 2.1.1.
Maximum Revolving Advance Amount means $30,000,000.