Lender Advance definition

Lender Advance has the meaning given to such term in Section 2.01(a).
Lender Advance means, with respect to a Conduit Lender or Committed Lender, such Lender’s Lender Percentage of the Principal Amount of a particular Loan to be made to the Borrower on a Funding Date.
Lender Advance means a Lender's Lender Percentage of the Principal Amount of a particular Loan to be made to the Borrower on a Funding Date. "Lender Group" means each group of Lenders consisting of (i) one or more Lenders and (ii) an Agent, in each case as indicated on the related Lender Supplement. As of the Amendment No. 9 Effective Date, the sole Lender Groups are the JPMorgan Lender Group and the Citibank Lender Group. “Lender Group Limit” means, with respect to a Lender Group on any date of determination, the sum of the Commitments of the Committed Lenders in such Lender Group on such date. “Lender Group Percentage” means, with respect to a Lender Group on any date of determination, a fraction (expressed as a percentage) the numerator of which is the Lender Group Limit of such Lender Group on such date and the denominator of which is the Aggregate Commitment on such date. "Lender Percentage" means a Lender's Commitment as a percentage of the Aggregate Commitment. "Lender Register" has the meaning given to such term in Section 11.01(c). "Lenders" means, collectively, the Conduit Lenders and the Committed Lenders. "Lender Supplement" means (i) with respect to the JPMorgan Lender Group, the information set forth in Schedule A-1 to this Agreement and (ii) with respect to any other Lender Group, the information set forth in the related Lender Supplement, in each case as the same may be amended or otherwise modified from time to time, with, in the case of changes to the Facility Amount, any Commitment and any definition of CP Rate, the consent of the Borrower. With respect to the Lender Supplement for any Lender Group other than the JPMorgan Lender Group, such Lender Supplement shall contain substantially similar information to that set forth in Schedule A-1 with respect to the JPMorgan Lender Group. "Liability" means any duty, responsibility, obligation or liability. "Lien" means any mortgage, lien, pledge, charge, claim, security interest or encumbrance of any kind. 29

Examples of Lender Advance in a sentence

  • In the event that a Conduit Lender shall not have timely provided such notice, such Conduit Lender shall be deemed to have elected not to make its Lender Advance of such Loan.

  • In any such case, the Borrower shall give notice of such failure not later than 1:30 p.m., New York City time, on the Funding Date to the related Agent, the Committed Lender for such Lender Group and to the Administrative Agent, which notice shall specify (i) the identity of such Conduit Lender and (ii) the amount of the Lender Advance which it had elected but failed to make.

  • For purposes of any prepayment under this Agreement, each Affected Lender Advance shall be deemed to continue to be part of the same Borrowing as the Eurodollar Rate Advances to which it corresponded at the time of the Conversion of such Affected Lender Advance pursuant to this Section 2.14.

  • If the Conduit Lender shall have elected or be deemed to have elected not to make its Lender Advance of such Loan, the Committed Lender in such Lender Group shall make available on the applicable Funding Date an amount equal to the portion of the Loan that each such Conduit Xxxxxx has not elected to fund, in an amount equal to its share of the Principal Amount to be funded.

  • For purposes of any prepayment under this Agreement, each Affected Lender Advance shall be deemed to continue to be part of the same Borrowing as the Eurodollar Rate Advances to which it corresponded at the time of the Conversion of such Affected Lender Advance pursuant to this Section 2.13.


More Definitions of Lender Advance

Lender Advance means, a Committed Xxxxxx’s Lender Percentage of the Principal Amount of a particular Loan to be made to the Borrower on a Funding Date.
Lender Advance means $7,110, the amount of money advanced by the Lender to the Borrower prior to the execution of this Loan Agreement and which by mutual agreement of the Borrower and Lender constitutes the first extension of Loan funds under this Loan Agreement from Lender to Borrower.
Lender Advance means a Revolving Loan made by the Lenders to the Borrower pursuant to Section 2.2 hereof. Letter of Credit Fee Percentage shall have the meaning given to such term in Section 4.6 hereof.
Lender Advance has the meaning given to such term in Section 10.4(A) below.
Lender Advance has the meaning given to such term in Section 2.01(a). “Lender Percentage” means, with respect to a Lender, its Commitment as a percentage of the Aggregate Commitment. “Lender Register” has the meaning given to such term in Section 14.01(d). “Lender Supplement” means the information set forth in Schedule A-1 to this Agreement with respect to each Lender relating to payment and notice information and setting forth the identity and related Commitment of each Lender. “Level I Trigger Event” [***]: (i) [***]; (ii) [***]; (iii) [***]; (iv) [***]; or (v) [***]: Vintage Age (month) Cumulative Net Loss Rate [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
Lender Advance is defined in Section 2.2.
Lender Advance is defined in Section 2.2. L/C Facing Fees, Letter of Credit Fees and Documentary L/C Fees are defined in Section 4.4.