Loan Advance Date definition

Loan Advance Date has the meaning set forth in Section 2.2 hereof.
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Loan Advance Date has the meaning ascribed to it in Section 1.1(a)(iv).
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Loan Advance Date means the date on which the Loan is advanced to the Borrower. Loan Agreement – as defined in the Preamble.
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Examples of Loan Advance Date in a sentence

  • Subject to the provisions of Section 2.1(c) Section 2.3 and Section 2.4, the principal balance of the Revolving Loan shall bear interest thereon from the initial Revolving Loan Advance Date for such Revolving Loan Advance, calculated at the floating Revolving Interest Rate based upon a year consisting of 360 days, as applicable, and payable for the actual number of days elapsed.

  • The Revolving Interest Rate (i) shall initially be determined as of the initial Revolving Loan Advance Date for the corresponding Revolving Loan Advance and (ii) the Revolving Interest Rate determined by reference to the LIBOR Rate shall thereafter be determined as of the commencement of each successive Interest Period.

  • The principal balance of the Revolving Loan shall bear interest thereon from the initial Revolving Loan Advance Date, calculated at the floating Revolving Interest Rate per annum based upon a year consisting of 360 days and payable for the actual number of days elapsed.

  • Upon each Delayed Draw Term Lender's making of its portion of the Delayed Draw Term Loan on the Delayed Draw Term Loan Advance Date, the Delayed Draw Term Loan Commitment of such Delayed Draw Term Lender shall be terminated.

  • As such, the plan to be followed is outlined in the Policy and Procedure for Adding Capacity to the Public Electricity Supply System Table D-5.0 which is stated earlier in this document under the heading “ The Planning Process.” Once the IRP is interrogated and determinants are agreed on after the public consultation and the Commission issues its decision approving an IRP; then the IRP become an appoved national plan.

  • Borrower shall have performed and complied with all agreements, covenants and conditions contained in the Loan Documents which are required to be performed or complied with by it prior to or on the Loan Advance Date, or failure to so comply shall have previously been cured or waived.

  • The Lender agrees that it will, subject to the terms and limitations set forth below, make an Advance to the Borrower in the amount of $ * (or such lesser amount as the Borrower shall request or, if the Maximum Available Advance, as defined below, is greater than $ *, such greater amount as the Borrower may request) on November 1, 1998 and on the first day of each February, May, August and November thereafter during the Loan Commitment Period (each a "Loan Advance Date").

  • If any New Vehicle has not been previously sold, the New Vehicle Floorplan Borrowers shall pay the entire Related Principal Portion for such New Vehicle to Agent on the first New Vehicle Monthly Payment Date which is at least one year following the New Vehicle Loan Advance Date for such New Vehicle (“Required Repayment Date”).

  • The interest that will accrue between the Loan Advance Date and the First Payment Date is shown as item 9 in the Loan Disclosure Statement, and that amount will be retained by us and has been added to the Total Amount Financed (Loan Balance), meaning that compound interest is charged on this Partial Month Interest amount.

  • For technical assistance, please contact Wilcoxon’s Product Manager at 301-330-8811, FAX to 301-330- 8873, or email to techasst@wilcoxon.com.


More Definitions of Loan Advance Date

Loan Advance Date has the meaning assigned to such term in Section 4.06 hereof.
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Loan Advance Date has the meaning given in Section 2.1 of this Agreement;
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Loan Advance Date means, as the context dictates, the Initial Loan Advance Date and/or the Group B Properties Loan Advance Date.
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Related to Loan Advance Date

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

  • Advance Date means the funding date of any Advance.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Tranche B Advance has the meaning specified in Section 2.01(b).

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

  • Equipment Advance is defined in Section 2.1.1.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

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

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

  • 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.

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

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

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

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

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • 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).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • 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).

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Revolving Advance has the meaning given in Section 2.1.

  • 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.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).