Holder Advance definition

Holder Advance means any advance made by any Holder to the Owner Trustee pursuant to the terms of the Trust Agreement or the Participation Agreement.
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Holder Advance means any advance made by any Holder to the Owner Trustee pursuant to the terms of the Trust Agreement and the Participation Agreement.
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Holder Advance shall have the meaning specified in Section 2 of the Participation Agreement.
Sample 1

Examples of Holder Advance in a sentence

  • No prepayment or any other payment with respect to any Advance shall be permitted such that the Holder Advance with respect to such Advance is less than three percent (3%) of the outstanding amount of such Advance, except in connection with termination or expiration of the Term or in connection with the exercise of remedies relating to the occurrence of a Lease Event of Default.

  • Such increases in a Lender's Loan and a Holder's Holder Advance shall occur without any disbursement of funds by any Person.

  • On each Property Closing Date, on the date of any Construction Advance or any Completion Date, after delivery of the applicable Requisition and satisfaction of the other conditions precedent for such date, the Holders shall make a Holder Advance and the Lenders shall make Loans to the Lessor to pay for the Transaction Expenses, fees, expenses and other disbursements referenced in this Section 7.1(b).

  • On such Scheduled Interest Payment Date, the Holder Property Cost and Holder Construction Property Cost shall be increased by the amount of Holder Yield added to the Holder Advance.

  • Make sure that the level of the electrolyte is always at least 1/2" above the top of the plates.

  • With respect to each Holder Advance in effect immediately prior to the Interim Term Expiration Date, the Lessee shall cause the Payment Period for each such Holder Advance to end on the Interim Term Expiration Date.

  • On each Property Closing Date, on the date of any Construction Advance or any Completion Date, after satisfaction of the conditions precedent for such date (excluding the requirement that a Requisition be delivered), the Holders shall make a Holder Advance and the Lenders shall make Loans to the Lessor to pay for the Transaction Expenses, fees, expenses and other disbursements referenced in this Section 7.1(b).

  • No prepayment or any other payment with respect to any Advance shall be permitted such that the Holder Advance with respect to such Advance is less than 3% of the outstanding amount of such Advance, except in connection with termination or expiration of the Term or in connection with the exercise of remedies relating to the occurrence of a Lease Event of Default.

  • In the third quarter, total investment, excluding leasing contracts, spectrum licences and other contractual rights, increased by 9.3% to 120.2 million euros.

  • On each Property Closing Date, on the date of any Construction Advance or any Completion Date, after satisfaction of the conditions precedent for such date (excluding the requirement that a Requisition be delivered, provided invoices have been submitted that support payment of such amounts), the Holders shall make a Holder Advance and the Lenders shall make Loans to the Lessor to pay for the Transaction Expenses, fees, expenses and other disbursements referenced in this Section 7.1(b).


More Definitions of Holder Advance

Holder Advance shall have the meaning set forth in Section 1.2 of the Participation Agreement.
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Related to Holder Advance

  • 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).

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • 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.

  • Liquidity Advance means a loan, advance, purchase or other similar action made by a Liquidity Provider pursuant to a Liquidity Agreement.

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

  • Provider Advance means a Downgrade Advance or a Non-Extension Advance.

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

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

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

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

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

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

  • Tax Advance has the meaning set forth in Section 6.02(a).

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

  • ABR Advance means an Advance which bears interest at the ABR Rate.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

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

  • Downgrade Advance means an Advance made pursuant to Section 2.02(c).

  • Tranche B Advance has the meaning specified in Section 2.01(b).

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

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

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Simple Interest Advance means, with respect to a Simple Interest Receivable, the amount, as of the last day of a Collection Period, which is advanced with respect to such Simple Interest Receivable by the Servicer pursuant to Section 4.4(a) of the Sale and Servicing Agreement.

  • Revolving Advance has the meaning given in Section 2.1.

  • 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.