Temporary Advancement

Example Definitions of "Temporary Advancement"
Temporary Advancement. With respect to the Borrower's repayment on a Due Date, the payment made by the Agent to the Lenders before the completion of the Borrower's repayment of an amount equivalent to the amount to be distributed to the Lenders in accordance with Clause 17; or with respect to the Individual Loans made by the Lenders on the Drawdown Date, the payment made by the Agent to the Borrower before the Lender's making the Individual Loan of an amount equivalent to the amount of the Individual Loan to be made... to the Borrower. View More
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