Define: Advance
What does "Advance" mean? The meaning differs based on the contract. We found 4 definitions across 3 companies in SEC filings.
Definition 1 (ABBOTT LABORATORIES, seen in 1 filing)
Advance means any advance made by a Lender to the Borrower as part of a Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Advance (each of which shall be a Type of Advance).
Source: ABBOTT LABORATORIES 10-K
Definition 2 (DIGITAL REALTY TRUST, INC., seen in 1 filing)
Advance means a Revolving Credit Advance, a Swing Line Advance or a Letter of Credit Advance.
Source: DIGITAL REALTY TRUST, INC. 10-K
Definition 3 (DIGITAL REALTY TRUST, INC., seen in 1 filing)
Advance means a Revolving Credit Advance or a Letter of Credit Advance.
Source: DIGITAL REALTY TRUST, INC. 10-K
Definition 4 (Constellation Energy Corp, seen in 1 filing)
Advance means a disbursement of loan proceeds.
Source: Constellation Energy Corp 8-K
Data extracted from 6 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.