AAWW Working Capital Facility Sample Clauses

AAWW Working Capital Facility. From the Closing Date until such date, if any, that the Company receives the Refundable Deposit (as defined in the Indemnity Agreement, defined below) from the Investor upon request by the Company to the Investor in accordance with that certain Indemnity Agreement dated as of the date hereof by and among AAWW, the Company and the Investor (the “Indemnity Agreement”), AAWW shall provide the Company with access to working capital funds on a daily basis (the “AAWW Working Capital Facility”). Such funds under the AAWW Working Capital Facility will be made available to the Company on an interest-free basis. The Company may repay any and all amounts due under the AAWW Working Capital Facility at any time from time to time after the date hereof and prior to the Termination Date; provided, however, the Company shall, promptly following the date (if any) on which the Company receives the Refundable Deposit, prepay any amounts outstanding under the AAWW Working Capital Facility to the extent of the Available Cash (with the “Available Cash” determined after reduction for any cash used to make non-pro rata distributions or dividends to Class A Common Stock holders of amounts up to the positive Net Working Capital amount payable by the Investor to the Company under Section 2.6.5 of the Purchase Agreement) if any such cash distributions or dividends are made, regardless of whether such cash was provided through Company operations, the Refundable Deposit, or other cash payments (including advance payments under the Blocked Space Agreement) made by the Investor in accordance with the Purchase Agreement or otherwise. Following any such date, to the extent that the Company’s working capital requirements exceed the available funds in the Company’s accounts (including amounts attributable to the Refundable Deposit), AAWW shall continue to provide the Company with access to working capital funds on an interest-free basis pursuant to the AAWW Working Capital Facility. This AAWW Working Capital Facility will expire on the BSA Commencement Date and any outstanding amounts thereunder shall become immediately due and payable to AAWW within five (5) days of the BSA Commencement Date (the “Termination Date”).