Tranche D Advance definition

Tranche D Advance means an advance (as from time to time reduced by repayment in accordance with the terms hereof or the Common Terms Agreement) made or to be made by the Hotel Facility Lenders under the Tranche D Facility.

Tranche D Advance and “Tranche D Advances” shall have the meanings assigned to those terms in Section 3(d).

Tranche D Advance means an advance under a Tranche D Facility;

Examples of Tranche D Advance in a sentence

• Furthermore, notwithstanding the foregoing applications of Collections, all Collections arising from the sale, lease or other disposition of REO Property purchased or acquired with any Tranche D Advance shall be used first to repay the principal of the revolving credit portion of any such Tranche D Advance until the same is paid in full and then applied pursuant to clauses first through fourteenth of this Section 5(d).

• The proceeds of the Advances shall be used for general corporate purposes and with respect to the Tranche D Advance, to convert the Tranche B Advance in accordance with Section 1.01(d).

• At the Closing, the Tranche B Advance will be converted into part of the Tranche D Advance hereunder in accordance with Section 1.01(d).

• Any balance of the Tranche D Advance remaining outstanding on the Final Tranche D Repayment Date shall be repaid in full on that date.

• Except as otherwise provided in this Agreement, accrued interest on each Advance for each Interest Period relative thereto shall be paid by the relevant Borrower on the Interest Date relating to such Interest Period and also, in the case of a Tranche A Advance or a Tranche D Advance with an Interest Period of longer than six months, on the last day of each consecutive period of six months from the first day of such Interest Period.

More Definitions of Tranche D Advance

Tranche D Advance means all Advances made in connection with the Document Deficiency Repurchased Mortgage Loans.

Tranche D Advance means an Advance comprised of Tranche D Revolving Loans.

Tranche D Advance. “Revolving Advance”, “Rollover Advance” and/or “Term-out Advance”, as the context requires; in each case as from time to time reduced by repayment or prepayment;

Tranche D Advance means any loan under the Tranche D Facility or, where the context requires, the principal amount of that loan outstanding.

Tranche D Advance means an Advance drawn under the Tranche D Facility;

Tranche D Advance means an Advance drawn under the Tranche D Facility; Tranche D Commitment means, in relation to a Tranche D Lender, the principal amount set opposite its name in Schedule 1 (Lenders and Commitments) in respect of the Tranche D Facility or, as applicable, the amount set out in respect of the Tranche D Facility in a Transfer Certificate for a Tranche D Lender, in any case to the extent not transferred, reduced or cancelled in accordance with the provisions hereof; Tranche D Facility means the Baht 20,000,000 (Baht twenty million) overdraft facility, the terms and conditions of which are set out in this Agreement;

Tranche D Advance means the Advance made in connection with the Eligible Mortgage Loans purchased by Aames Capital as a result of the call of the following six Aames Capital sponsored securitizations, Aames Mortgage Trust Series 1997-A, Aames Mortgage Trust Series 1997-B, Aames Mortgage Trust Series 1997-C, Aames Mortgage Trust Series 1997-D, Aames Mortgage Trust Series 1998-A or Aames Mortgage Trust Series 1998-B (the “Aames Mortgage Trusts”) which are less than 30 days delinquent.