Allocation of Advances. Advances shall be allocated among the Sellers pro rata according to the Purchase Price due to each Seller on the date such Advances are made.
Allocation of Advances. The amount of each Advance to be made on any one or more occasions by each of the Line of Credit Lenders shall be funded as follows:
Allocation of Advances i. Allocations Among Hotel/Casino Component and Equipment Component. All Main Project Costs allocated pursuant to the Main Project Budget to the Hotel/Casino Component shall be paid only from Hotel/Casino Component Funding Sources (other than the Approved Equipment Funding Commitments) and all Main Project Costs allocated pursuant to the Main Project Budget to the Equipment Component shall be paid only from the GECC Commitment. The Advance Request shall specify which costs are to be reimbursed by Aladdin Bazaar pursuant to the Site Work Agreement. In furtherance of the foregoing principle, all Advances to be satisfied from the Hotel/Casino Component Funding Sources shall be made in the following order of priority:
Allocation of Advances. 21 2.6. Disbursements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 2.7.
Allocation of Advances. 15 2.7 Disbursements...................................................17 2.8 Payments of Interest and Fees...................................18 2.9 Advances Under the Bank Credit Facility.........................19 2.10 Mall Release Date Funding Procedures............................19 2.11
Allocation of Advances. All Advances shall be allocated among the Sites in accordance with the Funding Requests. With respect to each Site, the Agent shall allocate (i) the Transaction Expenses allocated thereto between the Land Acquisition Cost and Site Improvement Cost pro rata in the proportion that each bears to the Site Cost for such Site, and (ii) Accrued Interest and Yield allocated thereto between Land Acquisition Cost and Site Improvement Cost pro rata in proportion to the then outstanding balances of Land Acquisition Cost and Site Improvement Cost. Advance amounts which do not specifically relate to any one Site may be allocated and reallocated by the Lessee from time to time among the Sites in accordance with their respective Construction Budgets. Amounts due from Lessee, including Supplemental Rent (including Cost Overruns), shall be allocated to the specific Site or Sites to which such amounts relate; provided, however, that if any amount does not specifically relate to any particular Site or Sites, such amount shall be allocated among the Sites pro rata in accordance with the Commitment for each of such Sites. Allocations of payments will be made based upon the source of such payment as described in Section 5(d). Specifically, without limitation, the Lessee shall maintain a ledger of the allocation of the following amounts among the Sites subject to the Master Lease from time to time until the Expiration Date, based upon the Advances allocable to each of the Sites and allocation of payments under Section 5(d): Available Loan Commitments Available Equity Commitments Basic Rent Cost Overruns Equity Balance Equity Basic Rent Equity Amount Lease Balance Lender Basic Rent Loan Balance Participant Balance
Allocation of Advances. Ground Lessee's contribution to Lessor of funds provided by the Participants pursuant to Section 2.2 shall be fairly allocated between the Properties in accordance with GAAP as determined by the Lessee.
Allocation of Advances. The Lenders shall lend to Kyphon the ---------------------- aggregate amount of each Advance according to the following proportions: Lender Percentage of Each Advance Percentage of Other Than Third Advance Third Advance ------------------------------------------------------------------------------- Warburg, Xxxxxx Ventures, L.P. 64.5% 29.5% Investor Growth Capital Limited 23.1% 23.1% Investor Group L.P. 9.9% 9.9% Vertical Life Sciences, L.P. 2.5% 2.5% J & A Group, LLC 0% 35.0% TOTAL 100.0% 100.0%
Allocation of Advances. Following a Default or an Event of Default, the Administration Agent shall allocate outstanding Advances among the Lenders so that the total Advances under all of the Credit Facilities in the same proportion as the total Commitment of each Lender bears to the total Commitments of all of the Lenders. Without limiting the foregoing, if, at any time after the Credit Facilities have been terminated, the total Advances under the Credit Facilities are not in the same proportion as the total commitment of each Lender bears to the total Commitments of all of the Lenders any Lender who has an excess outstanding (the "Surplus Lender") shall sell to any relevant Lender that has deficit outstanding (the "Deficit Lender"), and the Deficit Lender shall purchase from the Surplus Lender, for cash, at par, without representation or warranty from or recourse to the Surplus Lender, an interest in such of the Advances outstanding from the Surplus Lender as results in the percentage of the Advances outstanding from each Lender for each Credit Facility being equal to the percentage of their Lender's Commitment for the Credit Facility. The intention of this Section is that when any and all purchases and sales required hereby have been completed, the outstanding Advances will be held by each Lender in the percentage of the Lender's Commitment in each Credit Facility.
Allocation of Advances. 6 SECTION 3.10. Use of Proceeds...............................................................7 SECTION 3.11. Return of Advances............................................................7 SECTION 4. CERTIFICATE EARNINGS; INTEREST; COMMITMENT FEES..................................................7
