Initial Advance means the first Advance made pursuant to Article II.
Final Advance means an Advance made pursuant to Section 2.02(d).
Loan Advance The meaning specified in Section 2.2(a).
Term Advance has the meaning specified in Section 2.01(a).
Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.
Tranche A Advance means an Advance made by a Bank under Tranche A.
Equipment Advance is defined in Section 2.1.1.
Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.
Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.
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.
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.
Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.
Agent Advance shall have the meaning provided in Section 2.01(e).
Optional Prepayment shall have the meaning set forth in Section 2.10.
PMI Advance As defined in the related Servicing Agreement, if applicable.
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.
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).
Partial Payment means any payment by Borrower, other than a voluntary prepayment permitted under the Note, which is less than a full outstanding Periodic Payment.
Optional Prepayment Date has the meaning specified in Section 4.b hereof.
Non-Extension Advance means an Advance made pursuant to Section 2.02(b).
Future Advance means an Advance made after the Initial Closing Date.
Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.
Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.
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.