Payment Advance definition

Payment Advance. With respect to any Mortgage Loan or REO Property and any Distribution Date, any advance made by the Master Servicer pursuant to Section 4.03 or by the Trustee or the Fiscal Agent pursuant to Section 7.02.
Sample 1
Payment Advance shall have the meaning given to it in Article 16.9 (Contract Price and Terms of Payment);
Sample 1
Payment Advance means shall have the meaning ascribed to such term in Section IV.E.1.X. Xxxxx Recipient address information: Company Name: ____________________ Contact Name ____________________ Street Address ____________________ City, State Zip code ____________________ Email/Phone/Fax ____________________ The Project Site is: Site Name: ____________________ Site Street Address: ____________________ City, State Zip code: ____________________ The Project Site is more particularly described as follows: [define size, address, and tax lot information] BACKGROUND/OBJECTIVES Grant Recipient intends to develop and construct the Supply Chain Facility as defined in Exhibit A-1. ENVIRONMENTAL REVIEW Grant Recipient shall comply with, and cooperate with NYSERDA in complying with, applicable environmental laws including the State Environmental Quality Review Act (SEQRA) including any supplemental review required for any changes to the Project, and/or its budget or schedule. PROJECT IMPLEMENTATION
Sample 1

Examples of Payment Advance in a sentence

  • In its request for the [Payment Advance and] First Reimbursement Payment, Grant Recipient must provide (i) a certification of Commencement of Construction, or provision of other reasonable evidence that Commencement of Construction has occurred, and (ii) any other evidence that NYSERDA may reasonably request.

Related to Payment Advance

  • 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).

  • 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).

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • 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.