Unapplied Provider Advance definition

Unapplied Provider Advance means any Provider Advance other than an Applied Provider Advance.
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Unapplied Provider Advance has the meaning specified in the applicable Liquidity Facility.
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Unapplied Provider Advance means the portion of any Provider Advance that is not an Applied Provider Advance.
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Examples of Unapplied Provider Advance in a sentence

  • A Final Advance resulting from the conversion of any Advance or an Unapplied Provider Advance pursuant to Section 6.01 shall always be a LIBOR Advance.

  • Each Advance (including, without limitation, each outstanding Unapplied Provider Advance and Unapplied Special Termination Advance) will be either a Base Rate Advance or a LIBOR Advance as provided in this Section 3.07.


More Definitions of Unapplied Provider Advance

Unapplied Provider Advance is defined in the Liquidity Facility.
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Unapplied Provider Advance means any portion of any Provider Advance which is not an Applied Provider Advance.
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Unapplied Provider Advance means any Provider Advance other than an Applied Provider Advance. “United States” means the United States of America. “Unpaid Advance” has the meaning specified in Section 2.05. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “U.S. Person” means any Person that is a “United States Person” as defined in Section 7701(a)(30). “Withholding Agent” means the Borrower and the Administrative Agent.
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Related to Unapplied Provider Advance

  • Applied Provider Advance has the meaning assigned to such term in Section 2.06(a).

  • Provider Advance means a Downgrade Advance or a Non-Extension Advance.

  • Unapplied Downgrade Advance means any Downgrade Advance other than an Applied Downgrade Advance.

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Special Termination Advance means an Advance made pursuant to Section 2.02(g).

  • Subservicer Advance Any delinquent installment of principal and interest on a Mortgage Loan which is advanced by the related Subservicer (net of its Subservicing Fee) pursuant to the Subservicing Agreement.

  • Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Applied Downgrade Advance has the meaning assigned to such term in Section 2.06(a).

  • Nonrecoverable Monthly Advance Any Monthly Advance previously made or proposed to be made in respect of a Mortgage Loan or REO Property that, in the good faith business judgment of the Seller, will not, or, in the case of a proposed Monthly Advance, would not be, ultimately recoverable from related late payments, Insurance Proceeds or Liquidation Proceeds on such Mortgage Loan or REO Property as provided herein.

  • Downgrade Advance means an Advance made pursuant to Section 2.02(c).

  • Monthly Advances Principal and interest advances and servicing advances including costs and expenses of foreclosure.

  • Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • 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).

  • Applicable Unscheduled Principal Receipt Period With respect to the Mortgage Loans serviced by each Servicer and each of Full Unscheduled Principal Receipts and Partial Unscheduled Principal Receipts, the Unscheduled Principal Receipt Period specified on Schedule I hereto, as amended from time to time by the Master Servicer pursuant to Section 10.01(b) hereof.

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.