Member Advances definition

Member Advances is defined in Section 7.7.
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Member Advances means the advances on distributions made by Parascript to Members on or after January 1, 2007 and prior to the Closing Date.
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Member Advances has the meaning set forth in Section 3.7 hereof.
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Examples of Member Advances in a sentence

  • Member Advances Receivable The Company has advanced monies to its sole member.

  • The measured tensile strain in the Ø25mm rebars is significantly less, corresponding to approx.

  • The Company shall use all Additional Capital Contributions and Member Advances for the benefit of the Company in such manner as Charter Inc., in its sole discretion, directs.

  • Notwithstanding the foregoing, Borrower may make advances to each of its members (collectively, the “Member Advances”) in an amount sufficient to cover that member’ s estimated tax liability due and payable as a result of income of Borrower attributed to the member during any period that Borrower remains a limited liability company; provided, however, that no Member Advances may be made if, at the time or as a result thereof, an Event of Default could occur.

  • Until the Company secures a Senior Facility in an amount of at least $55 million supported by the Company without a guarantee from Crescent Operating, payments under any Member Advances which are required to be made to Charter Inc.

  • Until the Company secures a Senior Facility in an amount of at least $55 million supported by the Company without a guarantee from New Crescent, payments under any Member Advances which are required to be made to Magellan shall be subordinated to payments under any Member Advances which are required to be made to New Crescent.

  • Editorial Review Board Member, Advances in Management Accounting.

  • Insurance Member Advances Outstanding: This goal is defined as the average daily balance of all advances to insurance members in 2021.

  • Components of interest expense at December 31 consist of the following: 20192018 Total interest costs and related amortization $ 10,677,437 $ 10,432,904Interest capitalized(122,821)(97,662) Total interest expense$ 10,554,616$ 10,335,242 Note 9 – Member Advances and Other Investments Member investment program – The Cooperative offers all members the ability to invest funds with the Cooperative on a short-term basis for periods of up to nine months.

  • The Bank is authorized by the Federal Home Loan Bank Act, as amended, and related regulations and directives ("Act"), and by the Bank's own policies, to make loans to the Member ("Advances").

Related to Member Advances

  • or "Advances means a cash advance or cash advances under the Revolving Facility.

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category. “Eligible Purchases” These are from purchases of goods and services you make with your account (a) at certain merchants or of specified types listed in the Schedule; and (b) in which a single or multiple items are purchased in the same transaction totaling certain amounts as listed in the Schedule. Each Eligible Purchase may be kept track of separately on your statement and may be treated as its own Balance Category. Eligible Purchase(s) may also be referenced and abbreviated as “Elig Purch” in some locations in the Schedule.

  • SOFR Advance means an Advance that bears interest at a rate based on Term SOFR.

  • Nonrecoverable Advances With respect to any Mortgage Loan, (i) any Servicing Advance or Monthly Advance previously made and not reimbursed pursuant to Section 3.03(ii) or (ii) a Servicing Advance or Monthly Advance proposed to be made in respect of a Mortgage Loan or REO Property which, in the good faith business judgment of the Servicer, as evidenced by an Officer’s Certificate delivered to the Seller and the Trustee no later than the Business Day following such determination, would not be ultimately recoverable pursuant to Section 3.03(ii).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Provider Advance means a Downgrade Advance or a Non-Extension Advance.

  • Servicing Advances All customary, reasonable and necessary "out of pocket" costs and expenses incurred in the performance by the Master Servicer of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration and protection of a Mortgaged Property, (ii) any expenses reimbursable to the Master Servicer pursuant to Section 3.11 and any enforcement or judicial proceedings, including foreclosures, (iii) the management and liquidation of any REO Property and (iv) compliance with the obligations under Section 3.09.

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

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Monthly Advances Principal and interest advances and servicing advances including costs and expenses of foreclosure.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party other than Parent, (b) a Subsidiary of a Loan Party that is not a Loan Party to another Subsidiary of a Loan Party that is not a Loan Party, and (c) a Subsidiary of a Loan Party that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Cash Advance means the amount requested by you and advanced to you by any method approved by us according to the terms of this Agreement in cash or cash equivalent items (including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, vouchers redeemable for cash, or racetrack xxxxxx).

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.

  • Outstanding Interest Advances means, as of the last day of a Collection Period with respect to a Receivable, the portion of Outstanding Advances allocable to interest.

  • Subservicer Advance Any delinquent installment of principal and interest on a Mortgage Loan which is advanced by the related Subservicer (net of its Subservicing Fee) pursuant to the Subservicing Agreement.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Revolving Advance has the meaning given in Section 2.1.

  • Unpaid Advance has the meaning assigned to such term in Section 2.05.

  • Revolving Loans as defined in Section 2.4(a).

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

  • 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.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].