Loan Advance The meaning specified in Section 2.2(a).
Revolving Advance has the meaning given in Section 2.1.
PMI Advance As defined in the related Servicing Agreement, if applicable.
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.
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.
Agent Advance shall have the meaning provided in Section 2.01(e).
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Initial Advance means the first Advance made pursuant to Article II.
Draw Request Any request by the Borrower, pursuant to Section 2.2 of this Agreement, for a disbursement of any portion of the proceeds of the Loan.
Term Advance has the meaning specified in Section 2.01(a).
SOFR Advance means any Loan which, except as otherwise provided in Section 2.10, bears interest at a rate based on Adjusted Term SOFR (other than a Floating Rate Advance as to which the interest rate is determined with reference to Adjusted Term SOFR or a SOFR Market Index Rate Advance).
Payment/Advance Form is that certain form attached hereto as Exhibit B.
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.
Funding Request shall have the meaning set forth in Section 5.3(a).
Tranche B Advance has the meaning specified in Section 2.01(b).
Future Advance means an Advance made after the Initial Closing Date.
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.
Equipment Advance is defined in Section 2.1.1.
Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).
Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.
Final Advance means an Advance made pursuant to Section 2.02(d).
Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.
Tranche A Advance has the meaning specified in Section 2.01(a).
Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.
Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.
Eligible advance means an advance made before August 19, 1993.