Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).
Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.
Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.
Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.
Monthly Payment Advance means, with respect to any 20[•]-[•] Lease and any Collection Period, an amount equal to the difference between the Monthly Payment due and the Lessee Partial Monthly Payment.
Interest Advance means an Advance made pursuant to Section 2.02(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).
Term Advance has the meaning specified in Section 2.01(a).
Maximum Revolving Advance Amount means $25,000,000.
Loan Advance The meaning specified in Section 2.2(a).
Equipment Advance is defined in Section 2.1.1.
Overadvance Amount has the meaning specified therefor in Section 2.4(f).
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.
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.
Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.
PMI Advance As defined in the related Servicing Agreement, if applicable.
Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.
Tranche A Advance has the meaning specified in Section 2.01(a).
New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;
Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).
Adjusted Collateral Principal Amount means, as of any date of determination:
Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.
Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).
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.