Tenant Advances definition

Tenant Advances shall have the meaning ascribed to such term in Section 3.02.B(4) hereof.
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Tenant Advances means Tenant Working Capital Advances and Tenant Aggregate Operating Loss Advances made by Tenant from time to time, together with simple interest at the rate of nine percent (9%) per annum on the outstanding balance thereof from time to time.
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Tenant Advances shall have the meaning ascribed to it in Section 3.02.B.5 hereof.
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Examples of Tenant Advances in a sentence

  • REMEDIES IN DEFAULT 19.1 Landlord Remedies 19.2 Tenant Payment of Costs 19.3 Termination 19.4 No Termination 19.5 Landlord Election to Make Tenant Advances 20.

  • In the case of Partners, a preference return on the respective Accumulated Capital Bases of the Partners computed at a rate of 7.72% per annum, compounded monthly to equal an annual rate of 8.0%; and in the case of Tenant, a preference return on the Tenant Advances remaining unpaid from time to time computed at a rate of 7.72% per annum, compounded monthly to equal an annual rate of 8% (such monthly compounding will be effected on the last day of each calendar month in arrears).


More Definitions of Tenant Advances

Tenant Advances shall have the meaning set forth in item (5) of Section 2.02.A.
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Tenant Advances means all Tenant Working Capital Advances and Tenant Aggregate Operating Loss Advances made by the Tenants from time to time.
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Related to Tenant Advances

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Equipment Advance is defined in Section 2.1.1.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Term Loan Advances are each defined in Section 2.1.1(a).

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

  • Overadvance Loan means a Base Rate Loan made when an Overadvance exists or is caused by the funding thereof.

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

  • Property Protection Advances shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

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

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

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

  • Revolving Advances means Advances made other than Letters of Credit.

  • Permitted Advance means an advance of funds by the Assuming Bank with respect to a Shared-Loss Loan, or the making of a legally binding commitment by the Assuming Bank to advance funds with respect to a Shared-Loss Loan, that (i) in the case of such an advance, is actually made, and, in the case of such a commitment, is made and all of the proceeds thereof actually advanced, within one (1) year after the Commencement Date, (ii) does not cause the sum of (A) the book value of such Shared-Loss Loan as reflected on the Accounting Records of the Assuming Bank after any such advance has been made by the Assuming Bank plus (B) the unfunded amount of any such commitment made by the Assuming Bank related thereto, to exceed 110% of the Book Value of such Shared-Loss Loan, (iii) is not made with respect to a Shared-Loss Loan with respect to which (A) there exists a related Shared-Loss Loan Commitment or (B) the Assuming Bank has taken a Charge-Off and (iv) is made in good faith, is supported at the time it is made by documentation in the Credit Files and conforms to and is in accordance with the applicable requirements set forth in Article III of this Commercial Shared- Loss Agreement and with the then effective written internal credit policy guidelines of the Assuming Bank; provided, that the limitations in subparagraphs (i), (ii) and (iii) of this definition shall not apply to any such action (other than to an advance or commitment related to the remediation, storage or final disposal of any hazardous or toxic substance, pollutant or contaminant) that is taken by Assuming Bank in its reasonable discretion to preserve or secure the value of the collateral for such Shared-Loss Loan.

  • Overadvance has the meaning set forth in Section 2.5.

  • 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).

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Property Protection Advance shall have the meaning assigned to the term “Servicing Advance” in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • building line means a rear space, side space or street front space;

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • or "Advances means a cash advance or cash advances under the Revolving Facility.

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

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

  • Nonrecoverable Property Protection Advance shall have the meaning assigned to the term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.