To advance definition

To advance means a transfer of assets, including a payment of cash or a transfer of supplies, the accounting of which must be rendered by the NGO at a later date, as herein agreed upon between the Parties;

To advance means a transfer of Assets, the accounting of which must be rendered by the Second Party at a later date, as herein agreed upon between the Parties;

To advance. Xxxxxxxx (or any successor to or transferee of its Partnership Interests), to recoup, set-off and apply any and all amounts at any time owing or otherwise payable by the Partnership to Advance/Xxxxxxxx (or any successor to or transferee of its Partnership Interests), including, without limitation, any distributions payable in accordance with Section 5 and any distributions to, or Partnership liabilities assumed by, Advance/Xxxxxxxx in accordance with Section 8.2, and any amounts payable to Advance/Xxxxxxxx pursuant to Section 9, to satisfy Advance/Xxxxxxxx'x obligations to make such contribution. To the extent that any amounts distributable in accordance with Section 5 or Section 8.2 are applied in accordance with the preceding sentence rather than distributed to Advance/Xxxxxxxx (or any successor to or transferee of its Partnership Interests), then such amounts shall be deemed distributed by the Partnership to Advance/Xxxxxxxx (or such successor or transferee) and recontributed by Advance/Xxxxxxxx (or such successor or transferee) to the Partnership and the Capital Account of Advance/Xxxxxxxx (or such successor or transferee) shall be adjusted to reflect such deemed distribution and recontribution.

Examples of To advance in a sentence

• The Servicer may, in its sole discretion, make an Advance with respect to the principal portion of the final Scheduled Payment on a Balloon Loan, but the Servicer is under no obligation to do so; provided, however, that nothing in this sentence shall affect the Servicer's obligation under this Section 4.01 to Advance the interest portion of the final Scheduled Payment with respect to a Balloon Loan as if such Balloon Loan were a fully amortizing Mortgage Loan.

• Upon the direction of and at the expense of the Servicer, the Trustee agrees to execute such acknowledgments provided by the Servicer recognizing the interests of any Advance Facility Trustee in such Reimbursement Amounts as the Servicer may cause to be made subject to Advance Facilities pursuant to this Section 3.29.

• The right to indemnification and to Advance Payments conferred in this Article shall not be exclusive of any other right which any person may have or hereafter acquire under any: (i) statute; (ii) provision of the Certificate of Incorporation; (iii) bylaw; (iv) agreement; (v) vote of stockholders; (vi) vote of disinterested directors; or (vii) otherwise.

• The Subservicer may, in its sole discretion, make an Advance with respect to the principal portion of the final Scheduled Payment on a Balloon Loan, but the Subservicer is under no obligation to do so; provided, however, that nothing in this sentence shall affect the Subservicer's obligation under this Section 4.01 to Advance the interest portion of the final Scheduled Payment with respect to a Balloon Loan as if such Balloon Loan were a fully amortizing Mortgage Loan.

• Irrespective of the face amount of the Note or Notes, the Lenders shall never have the obligation to Advance any amount or amounts in excess of the Commitment or to increase the Commitment.

• Not to Indemnify or to Advance ----------------------------------------------------------------- Expenses.

• Irrespective of the face amount of the Revolving Note or Notes, the Banks shall never have the obligation to Advance any amount or amounts in excess of the Revolving Commitment or to increase the Revolving Commitment.

• Upon the direction of and at the expense of the Servicer, the Trustee agrees to execute such acknowledgments, certificates, and other documents provided by the Servicer recognizing the interests of any Advance Facility Trustee in such Reimbursement Amounts as the Servicer may cause to be made subject to Advance Facilities pursuant to this Section 3.29.

• The Company agrees to escrow three (3) requests for advances under the Equity Line of Credit Agreement, two (2) in an amount not less than Fifty Thousand Dollars ($50,000) and one (1) in an amount not less than One Hundred Thousand Dollars ($100,000) (individually referred to as "Advance Notice" collectively referred to "Advance Notices") as well as an amount of shares of the Company's Common Stock as required under Section 2.2(c) of the Equity Line of Credit Agreement (the "Escrowed Shares").

• The right to indemnification and to Advance Payments conferred in this Article Twentieth shall not be exclusive of any other right which any person may have or hereafter acquire under any: (i) statute; (ii) provision of this Certificate of Incorporation; (iii) Bylaw; (iv) agreement; (v) vote of stockholders; (vi) vote of disinterested directors; or (vii) otherwise.