Lease Advance Date definition

Lease Advance Date means the date on which Landlord makes a Lease Advance.
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Examples of Lease Advance Date in a sentence

  • If Landlord makes a Lease Advance other than the initial Lease Advance, the Base Rent will be increased effective on the Lease Advance Date that an additional Lease Advance is made and based upon the applicable Lease Rate.

  • Until Tenant receives a revised Rent Schedule from Landlord, Tenant shall for each month [i] continue to make installments of Base Rent according to the Rent Schedule in effect on the day before the Lease Advance Date; and [ii] within 10 days following Landlord's issuance of an invoice, pay the difference between the installment of Base Rent that Tenant paid to Landlord for such month and the installment of Base Rent actually due to Landlord for such month as a result of the additional Lease Advance.

Related to Lease Advance Date

  • Advance Date means the funding date of any Advance.

  • P&I Advance Date The Business Day immediately prior to each Distribution Date.

  • 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).

  • Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.

  • 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).

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Initial Advance means the first Advance made pursuant to Article II.

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

  • Equipment Advance is defined in Section 2.1.1.

  • Loan Year means each period of twelve (12) consecutive months commencing on the Closing Date and on each anniversary thereof.

  • 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.

  • Delinquency Advance As defined in Section 8.09(a) hereof.

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

  • Credit allowance date means with respect to any qualified equity investment:

  • 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.

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

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

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Future Advance means an Advance made after the Initial Closing Date.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.