Regular Advance definition

Regular Advance means a Regular Bank Advance or a Regular CP Advance.
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Regular Advance means, save as otherwise provided herein, an advance in Dollars or its Dollar equivalent in an Optional Currency (as from time to time reduced by repayment) made or to be made by the Banks under the Liquidity Facility Agreement;
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Regular Advance means a Loan advanced pursuant to Paragraph 1 (a)(1) above, the proceeds of which are utilized by the Company solely for the purposes of (a) originating and/or acquiring Mortgage Loans (or repaying Swing Line Advances used for such purpose) and/or (b) general working capital purposes, and the Company by borrowing said Loan as a Regular Advance shall be deemed to represent and warrant to the Agent and the Lenders that the proceeds of said Loan are and will be so utilized by the Company."
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Examples of Regular Advance in a sentence

  • Minimum amounts apply.Would you like a Regular Advance?Regular Advance payments are made on the same day of the month that the loan commences.The first payment will be made a month, a quarter, or a year following the start date, depending on the option selected.Yes NoIf yes, state Regular Advance amount$ Select advance frequencyPer Month Per Quarter Per AnnumAdvise the number of years (maximum 10) during which you wish Regular Advances to be made.

  • This is the initial advance made to you on settlement.In addition, you may also have a Regular Advance or Cash Reserve facility made available on settlement.

  • If a Regular Advance to reimburse Bank for any drawing, expenditure or other payment made, or cost or expense incurred, by Bank in respect of any Letter of Credit results (or to the extent that it results) in any Deficiency, then Borrower will immediately eliminate any Deficiency in accordance with the terms of Section 2.6.

  • The Borrower shall have delivered to the Bank evidence in form and substance acceptable to Bank that aggregate Cash Secured Advance Availability and Regular Advance Availability as of the Closing Date is at least $4,000,000.

  • Regular Advance – Tighten eligibility by increasing the requirement of being three years away from earning enough entitlements for a project to five years.

  • The Regular Advance program was designed to assist small, poor systems in order to fund projects for which it would otherwise take them many years to accumulate sufficient entitlement earnings.However, a review of the recent program history reveals that there are a number of larger and wealthier systems qualifying for projects under this grant.

  • Interest rates on ARM loans currently offered by the Bank are adjusted at the beginning of each adjustment period based upon a fixed spread above the FHLB-NY corresponding Regular Advance Rate or average yield on United States treasury securities, adjusted to a constant maturity which corresponds to the adjustment period of the loan (the “U.S. Treasury constant maturity index”) as published weekly by the Federal Reserve Board.

  • Facts Ex. F at 7; Stip.Facts Ex. G at 8.) The Regular Advance is calculated from (1) the sum of all hours the HMC worked and any hours for Holiday or Paid Time Off during the calendar month, and (2) the hourly rate established by Wells Fargo during the calendar month.

  • Our Regular Advance option enables you to complement your retirement income with a regular installment.

  • Until the termination of this Agreement pursuant to Article XI and subject to the other terms and conditions of this Agreement, Bank will make loans (each a “Regular Advance”, collectively, the “Regular Advances”) to Borrower, which Regular Advances Borrower may reborrow on or at any time after the repayment thereof, in an aggregate amount which may not as of any time exceed an amount equal to the Regular Advance Availability then in effect.


More Definitions of Regular Advance

Regular Advance means any Advance other than a Competitive Bid Advance.
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Regular Advance shall have the meaning given to such term in the Note Purchase Agreement.
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Regular Advance has the meaning ascribed to such term in the Note Purchase
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Related to Regular Advance

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • 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.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • 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.

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • Alternate Base Rate Loan means a Loan which bears interest at the Alternate Base Rate.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.