Regular Advance definition

Regular Advance means a Regular Bank Advance or a Regular CP Advance.
Regular Advance means, save as otherwise provided herein, an advance in Dollars or its Dollar equivalent in an Optional Currency (as from time to time reduced by repayment) made or to be made by the Banks under the Liquidity Facility Agreement;
Regular Advance has the meaning ascribed to such term in the Note Purchase

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.

  • 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.

  • 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.

  • CountryClassification & Lending TermsTSF DSA20162017±2018±2019± Pillar IǂBenin Advance Advance Advance Advance GreenBurkina Faso Regular Advance Advance Advance YellowBurundi Regular Regular Regular Regular RedCameroon Blend Blend Blend Blend RedCentral African Rep.

  • 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.

  • In no event shall the Bank have any obligation to make any Regular Advance if a Borrowing Base Deficiency would be created thereby.

  • Our Regular Advance option enables you to complement your retirement income with a regular installment.

  • Upon the making of a Regular Advance by a Lender pursuant to this Section 2.4(b)(iii)(B), the amount so funded shall become due under such Lender’s Revolving Credit Note and shall no longer be owed under the Swing Line Note.

  • On the day such Regular Advances are made, the Swing Line Lender's Swing Line Advances shall be deemed to be paid with the proceeds of a Regular Advance made by the Lenders and such portion of the Swing Line Advances deemed to be so paid shall no longer be outstanding as Swing Line Advances, shall no longer be due under the Swing Line Note and shall be due under the respective Revolving Credit Notes issued to the Lenders to the extent of each Lender's Pro Rata Share.


More Definitions of Regular Advance

Regular Advance means a Loan advanced pursuant to Paragraph 1 (a)(1) above, the proceeds of which are utilized by the Company solely for the purposes of (a) originating and/or acquiring Mortgage Loans (or repaying Swing Line Advances used for such purpose) and/or (b) general working capital purposes, and the Company by borrowing said Loan as a Regular Advance shall be deemed to represent and warrant to the Agent and the Lenders that the proceeds of said Loan are and will be so utilized by the Company."
Regular Advance means any Advance other than a Competitive Bid Advance.
Regular Advance shall have the meaning given to such term in the Note Purchase Agreement.

Related to Regular Advance

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

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

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

  • SOFR Advance means any Loan which, except as otherwise provided in Section 2.10, bears interest at a rate based on Adjusted Term SOFR (other than a Floating Rate Advance as to which the interest rate is determined with reference to Adjusted Term SOFR or a SOFR Market Index Rate Advance).

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • ABR Advance means an Advance which bears interest at the ABR Rate.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(i).

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

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

  • 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.

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Alternate Base Rate Loan means a Loan which bears interest at the Alternate Base Rate or the Default Rate.