Series A Advance definition

Series A Advance means each advance of funds made under and subject to the provisions contained in the Series A Credit Facility or the Series A Reimbursement Agreement, as applicable.
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Series A Advance shall have the meaning set forth in paragraph 2 of the recitals hereto.
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Series A Advance means an Advance made by a Lender to the Borrower pursuant to Section 2.01(a) hereof, and "Series A Advances" means such Advances of all Lenders in the aggregate.
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Examples of Series A Advance in a sentence

  • Interest on each Series A Advance shall be computed on the basis of a 365-day year for the actual number of days elapsed.

  • Interest on each Series A Advance shall be paid in kind and capitalized and added to the outstanding principal amount of each Series A Note quarterly on each March 31, June 30, September 30 and December 31.

  • Each Series A Advance and each Series A Note shall be secured by a perfected lien on all of the Collateral securing the Obligations outstanding under the Loan Agreement.

  • Such Purchaser shall also include in the Delayed Funding Notice the portion of such Series A Advance (such amount as specified in the Delayed Funding Notice, the “Delayed Amount”) that such Purchaser has elected to fund on a Business Day that is on or before the thirty-fifth (35th) day following the requested Funding Date (such date as specified in the Delayed Funding Notice, the “Delayed Funding Date”).

  • As additional consideration to Lender for making the commitment to fund Series A Advances, Borrower shall (a) pay Lender a fee of $32,000, which amount shall be added to the principal balance of the initial Series A Advance hereunder, and (b) issue to Lender's designees (the "Holders") warrants concurrently with the making of each Series A Advance pursuant to the form of Warrant Agreement (the "Warrant Agreement") attached hereto as Exhibit B.

  • Each Series A Advance shall be evidenced by a Series A Secured Note, payable to the order of Lender, dated the date of the funding of the applicable loan to Borrower, in the form attached hereto as Exhibit A.

  • Each Holder of such Note agrees that it will cause any owner of a security entitlement to such Note acquiring an interest in a Note and/or Series A Advance through it to comply with this Indenture as to treatment of indebtedness under applicable tax law, as described in this Section 3.14.

  • On each date a Series A Advance is funded under the Series A Notes pursuant to this Agreement, and on each date the Series A Note Balance is reduced, each Funding Agent shall make appropriate notations in its books and records of the amount of the Series A Note Balance funded by its Purchaser Group and the amount of such reduction, as applicable.

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  • If you use a magnifying glass, you will see the value of the note written in small letters and numbers below the Queen’s portrait.


More Definitions of Series A Advance

Series A Advance means an Advance made by a Lender to the Borrower pursuant to Section 2.01(a) hereof, and "SERIES A ADVANCES" means such Advances of all Lenders in the aggregate.
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Series A Advance has the meaning set forth in paragraph 2 of the recitals to the Note Purchase Agreement.
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Related to Series A Advance

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

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

  • 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.

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

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

  • Term Advance has the meaning specified in Section 2.01(a).

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

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

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • 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.

  • Loan Advance The meaning specified in Section 2.2(a).

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

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • 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.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including March 31 in the fifth year thereafter.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Revolving Advance has the meaning given in Section 2.1.

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

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

  • Equipment Advance has the meaning set forth in Section 2.1.2.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

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