Incremental Advance means the aggregate amount funded by the Purchasers to the Borrowers on an Incremental Funding Date.
Incremental Advance means a borrowing hereunder that increases the outstanding Aggregate Principal hereunder.
Incremental Advance has the meaning set forth in Section 2.22(a)(ii).
Examples of Incremental Advance in a sentence
In addition, each such notice shall be promptly followed by a draft of the Incremental Advance Commitment Agreement proposed to be executed in order to provide for the requested Incremental Advance Commitment.
It is understood and agreed that no Lender shall be obligated to provide an Incremental Advance Commitment as a result of any request by the Borrower for an Incremental Advance Commitment.
More Definitions of Incremental Advance
Incremental Advance means a Class A Incremental Advance or a Class B Incremental Advance, as the context may require.
Incremental Advance means an Incremental Revolving Credit Advance or an Incremental Term Advance, as applicable.
Incremental Advance shall have the meaning set forth in Section 3(i) hereof.
Incremental Advance means an Eligible Warehouse Loan made by an Obligor (i) under an Eligible Warehouse Agreement to provide funding to a construction loan facility or a construction project, to complete, or maintain the value of, the related construction project or (ii) under an Eligible Warehouse Agreement pursuant to which such Obligor has a legally binding commitment to make such Eligible Warehouse Loan.
Incremental Advance means an advance made by a Grantor (i) with respect to a construction loan facility or a construction project to complete, or maintain the value of, the related construction project or (ii) under a mezzanine or working capital loan facility under which such Grantor of such Incremental Advance has a legally binding commitment to make such advance.
Incremental Advance. Each amount advanced under any Variable Pay Revolving Note after the Closing Date, including as a result of the sale of an additional class of Variable Pay Revolving Notes to be issued on a Targeted Final Distribution Date for any class of Class A Notes.