Unreimbursed Advances definition

Unreimbursed Advances. With respect to any Distribution Date, an amount equal to the aggregate of all Monthly Advances made on prior Distribution Dates that have not been reimbursed to the Master Servicer.
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Unreimbursed Advances means the amount of principal and interest advances, taxes and insurance advances, corporate advances, servicing advances and delinquency advances made to an Investor and all related Receivables made or held by Seller in connection with the Private Servicing Agreements and, to the extent not transferred to Purchaser pursuant to the MSR Purchase Agreement, any advances or related Receivables made or held by Seller in connection with the Servicing Agreements with Xxxxxx Xxx, Xxxxxx Xxx or Xxxxxxx Xxx, in each case, for which Seller has not been reimbursed as of the Closing.
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Unreimbursed Advances shall have the meaning set forth in Section 3.7.
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Examples of Unreimbursed Advances in a sentence

  • Aggregate Unreimbursed Advances This Month $ -- Previous Month $ -- ----------------- Change From Previous Month $ -- N.

  • Aggregate Unreimbursed Advances This Month $ -- Previous Month $ -- --------------- Change From Previous Month $ -- N.

  • Aggregate Unreimbursed Advances This Month $ - Previous Month $ - ----------------- Change From Previous Month $ - N.

  • Aggregate Unreimbursed Advances This Month $ -- Previous Month $ -- -------------------- Change From Previous Month $ -- N.

  • Aggregate Unreimbursed Advances This Month $ -- Previous Month $ -- ------------------ Change From Previous Month $ -- N.

  • Aggregate Unreimbursed Advances This Month $ 33,187.78 Previous Month $ 32,248.38 Change From Previous Month $ 939.40 N.

  • Aggregate Unreimbursed Advances This Month $4,572.39 Previous Month $3,600.28 Change From Previous Month $972.11 N.

  • Aggregate Unreimbursed Advances This Month $ 8,646.53 Previous Month $ - Change From Previous Month $ 8,646.53 N.

  • Aggregate Unreimbursed Advances This Month $ - Previous Month $ - ------------------ Change From Previous Month $ - N.

  • Assignee shall reimburse Assignor for all Unreimbursed Advances to the extent that such Unreimbursed Advances would result in payment by Assignor of more than the Credit Reserve.


More Definitions of Unreimbursed Advances

Unreimbursed Advances means, for any day, an amount (not less than zero) equal to the aggregate principal amount of all Advances then outstanding. In the event that the Liquidity Provider makes any Advance to the Issuer, the Issuer will be required to reimburse the Liquidity Provider for any Unreimbursed Advances plus interest at a rate set forth above, after making payments of interest to Noteholders on any subsequent Payment Date. If a decline in the short term rating of the Liquidity Provider (or any applicable guarantor) causes the Liquidity Provider Rating Criteria to cease to be satisfied, then (x) a "Downgraded Liquidity Provider Event" shall be deemed to have occurred and (y) subject to the satisfaction of the conditions set forth in the Liquidity Agreement, the Liquidity Provider shall remit to the Issuer within five Business Days in immediately available funds as described below an amount as determined by the Rating Agencies; provided that the Issuer shall have access and be entitled to such funds only as and to the extent provided in the Liquidity Agreement and as described under "—The Liquidity Account". The remittance of such funds by the Liquidity Provider to the Issuer shall constitute a pledge of such funds by the Liquidity Provider to the Issuer to secure its Unutilized Liquidity Commitments.
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Related to Unreimbursed Advances

  • Unreimbursed Amount has the meaning specified in Section 2.03(c)(i).

  • Reimbursement Obligations means at any time, the aggregate of the Obligations of the Borrower to the Lenders, the Issuing Bank and the Administrative Agent in respect of all unreimbursed payments or disbursements made by the Lenders, the Issuing Bank and the Administrative Agent under or in respect of the Facility Letters of Credit.

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

  • 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.

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

  • Reimbursement Obligation the obligation of the Borrower to reimburse the Issuing Lender pursuant to Section 3.5 for amounts drawn under Letters of Credit.

  • 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.

  • Disbursed Amount means, in respect of each Interest Period, the aggregate principal amount of the Loan withdrawn from the Loan Account in such Interest Period.

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Refunded Swing Line Loans has the meaning assigned to that term in subsection 2.1A(iii).

  • Swingline Participation Amount as defined in Section 2.7(c).

  • 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.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • L/C Reimbursement Obligation means, for any Letter of Credit, the obligation of the Borrower to the L/C Issuer thereof, as and when matured, to pay all amounts drawn under such Letter of Credit.

  • Swing Line Loans as defined in Section 2.6.

  • L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

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

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • Swing Line Participation Amount as defined in Section 2.7.