Examples of Regular Advance in a sentence
Minimum amounts apply.Would you like a Regular Advance?Regular Advance payments are made on the same day of the month that the loan commences.The first payment will be made a month, a quarter, or a year following the start date, depending on the option selected.Yes NoIf yes, state Regular Advance amount$ Select advance frequencyPer Month Per Quarter Per AnnumAdvise the number of years (maximum 10) during which you wish Regular Advances to be made.
This is the initial advance made to you on settlement.In addition, you may also have a Regular Advance or Cash Reserve facility made available on settlement.
If a Regular Advance to reimburse Bank for any drawing, expenditure or other payment made, or cost or expense incurred, by Bank in respect of any Letter of Credit results (or to the extent that it results) in any Deficiency, then Borrower will immediately eliminate any Deficiency in accordance with the terms of Section 2.6.
The Borrower shall have delivered to the Bank evidence in form and substance acceptable to Bank that aggregate Cash Secured Advance Availability and Regular Advance Availability as of the Closing Date is at least $4,000,000.
Regular Advance – Tighten eligibility by increasing the requirement of being three years away from earning enough entitlements for a project to five years.
The Regular Advance program was designed to assist small, poor systems in order to fund projects for which it would otherwise take them many years to accumulate sufficient entitlement earnings.However, a review of the recent program history reveals that there are a number of larger and wealthier systems qualifying for projects under this grant.
Interest rates on ARM loans currently offered by the Bank are adjusted at the beginning of each adjustment period based upon a fixed spread above the FHLB-NY corresponding Regular Advance Rate or average yield on United States treasury securities, adjusted to a constant maturity which corresponds to the adjustment period of the loan (the “U.S. Treasury constant maturity index”) as published weekly by the Federal Reserve Board.
Facts Ex. F at 7; Stip.Facts Ex. G at 8.) The Regular Advance is calculated from (1) the sum of all hours the HMC worked and any hours for Holiday or Paid Time Off during the calendar month, and (2) the hourly rate established by Wells Fargo during the calendar month.
Our Regular Advance option enables you to complement your retirement income with a regular installment.
Until the termination of this Agreement pursuant to Article XI and subject to the other terms and conditions of this Agreement, Bank will make loans (each a “Regular Advance”, collectively, the “Regular Advances”) to Borrower, which Regular Advances Borrower may reborrow on or at any time after the repayment thereof, in an aggregate amount which may not as of any time exceed an amount equal to the Regular Advance Availability then in effect.