MATURITY ADVANCE definition

MATURITY ADVANCE means any advance made by the Transferor for the purpose of reducing the Adjusted Class A-1 Certificate Balance, Adjusted Class A-2 Certificate Balance, Adjusted Class A-3 Certificate Balance or Adjusted Class B Certificate Balance to zero, or to reimburse Loss Amounts or Certificate Principal Loss Amounts allocated thereto, on the related Targeted Maturity Date or any subsequent relevant Certificate Payment Date if the aggregate of other amounts available in the 1998-B SUBI Certificateholders' Account, the 1998-B SUBI Collection Account or from other sources to be paid as principal thereof pursuant to Section 3.01 of the 1998-B Securitization Trust Agreement are insufficient to reduce such Adjusted Class A-1 Certificate Balance, Adjusted Class A-2 Certificate Balance, Adjusted Class A-3 Certificate Balance or Adjusted Class B Certificate Balance to zero on such date and to reimburse all Loss Amounts and Certificate Principal Loss Amounts previously allocated thereto.
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MATURITY ADVANCE means any advance made by the Servicer pursuant to Section 6.3(d).
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MATURITY ADVANCE means any advance made by the Transferor on any Targeted Maturity Date with respect to principal distributable on the related Class of Investor Certificates if on such date the aggregate of other amounts available in the 1997-A SUBI Certificateholders' Account and the 1997-A SUBI Collection Account to be paid as principal thereof pursuant to Section 3.01 of the 1997-A Securitization Trust Agreement are insufficient to reduce the related Class Certificate Balance to zero and reimburse all related Certificate Principal Loss Amounts (and, in the case of the Class B Certificates, applied Class B Available Principal).
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More Definitions of MATURITY ADVANCE

MATURITY ADVANCE means any advance made by TMCC on any Targeted Maturity Date with respect to principal distributable on the related Class of Class A Certificates if on such date the aggregate of amounts available in the Certificate Account or from Transferor Amounts or Interest Collections to be paid as principal thereof pursuant to Section 3.01 of the 1997-A Securitization Trust Agreement are insufficient to pay in full the related Certificate Principal Balance, in an amount equal to the lesser of (x) such shortfall and (y) the aggregate of Excess Amounts released to the Transferor during the period from and including the preceding Targeted Maturity Date (or from the Cutoff Date in the case of the first Targeted Maturity Date) to such Targeted Maturity Date, together with the aggregate amount of Available Interest applied to cover such shortfall on such date.
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MATURITY ADVANCE means an advance made by the Servicer in accordance with Section 2.9(a)(ii) of the Agreement.
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MATURITY ADVANCE means any advance made by TMCC on any Targeted Maturity Date with respect to principal distributable on the related Class of Class A Certificates if on such date the aggregate of other amounts available in the 1997-A SUBI Certificateholders' Account and the 1997-A SUBI Collection Account to be paid as principal thereof pursuant to Section 3.01 of the 1997-A Securitization Trust Agreement are insufficient to reduce the related Class Certificate Balance to zero.
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Related to MATURITY ADVANCE

  • Liquidity Advance means a loan, advance, purchase or other similar action made by a Liquidity Provider pursuant to a Liquidity Agreement.

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

  • Balloon Loan Any Mortgage Loan which, by its terms, does not fully amortize the principal balance thereof by its stated maturity and thus requires a payment at the stated maturity larger than the monthly payments due thereunder.

  • Maturity Amount means the amount due at maturity with respect to a Capital Appreciation Bond.

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

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • 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.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

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

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

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

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

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Applicable Advance Rate For each Collateral Obligation and for the applicable number of Business Days between the certification date for a sale or participation required by Section 9.4 and the expected date of such sale or participation, the percentage specified below: Senior Secured Loans with a Market Value of: 90% or more of par 100 % 93 % 92 % 88 % Below 90% of par 100 % 80 % 73 % 60 % Other Collateral Obligations with a Xxxxx’x Rating of at least “B3” and a Market Value of 90% or more of par 100 % 89 % 85 % 75 % All other Collateral Obligations 100 % 75 % 65 % 45 %

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.12, bears interest at the applicable Eurocurrency Rate.

  • Term Loan A Maturity Date means July 29, 2025.

  • Eligible advance means an advance made before August 19, 1993.

  • Maturity Date means March 15, 2026.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

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

  • Swing Loan Maturity Date means, with respect to any Swing Loan, the earlier of (i) the last day of the period for such Swing Loan as established by the Swing Line Lender and agreed to by the Borrower, which shall be less than 15 days, and (ii) the Revolving Facility Termination Date.

  • Loan repayment means the cancellation and repayment of loans

  • Term B Loan Maturity Date means December 7, 2023.

  • Principal Prepayment Period The month preceding the month in which the related Remittance Date occurs.