Incremental Advance means the aggregate amount funded by the Purchasers to the Borrowers on an Incremental Funding Date.
Incremental Advance has the meaning set forth in Section 2.22(a)(ii).
Incremental Advance means a borrowing hereunder that increases the outstanding Aggregate Principal hereunder.
Examples of Incremental Advance in a sentence
The Company shall apply the proceeds of each Incremental Advance for the purpose or purposes set forth in the applicable Incremental Facility Amendment.
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 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 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 (other than, immediately following the 2024 Repricing Effective Date, a 2024 Repricing Advance) made by an Incremental Lender to the Company pursuant to Section 2.14.