Common use of Operations and Costs of Ancillary Operations Clause in Contracts

Operations and Costs of Ancillary Operations. If Lakes makes any advances hereunder ("Working Capital Advances", which advances shall be evidenced by an Operating Note substantially in a form to be agreed to by Pawnee and Lakes and shall accrue interest, from the date the advances are made, at the greater of the prime interest rate of Chase Manhattan Bank U.S.A., N.A. (or any successor bank) plus two percent (2%) or the same rate for the financing provided by any third party lender for the development, construction and equipping of the Project Facilities), Lakes shall be repaid as provided in Section 5.5 hereof (and any amounts outstanding on account of Working Capital Advances at the end of the term of this Management Agreement shall be immediately due and payable by Pawnee). Any Working Capital Advances shall be Limited Recourse obligations of Pawnee and shall be subject to the security provisions described in Section 5.3(c) hereof, including the Dominion Account Agreement and Security Agreement. Any advances made by Pawnee hereunder shall accrue interest at the same rate as applies to Working Capital Advances made by Lakes.

Operations and Costs of Ancillary Operations. If Lakes makes any advances hereunder ("Working Capital Advances", which advances shall be evidenced by an Operating Note substantially in a form to be agreed to by Pawnee Iowa Corp and Lakes and shall accrue interest, from the date the advances are made, at the greater of the prime interest rate of Chase Manhattan Bank U.S.A., N.A. (or any successor bank) plus two percent (2%) or the same rate for the financing provided by any third party lender for the development, construction and equipping of the Project Facilities), Lakes shall be repaid as provided in Section 5.5 hereof (and any amounts outstanding on account of Working Capital Advances at the end of the term of this Management Agreement shall be immediately due and payable by PawneeIowa Corp). Any Working Capital Advances shall be Limited Recourse obligations of Pawnee Iowa Corp and shall be subject to the security provisions described in Section 5.3(c) hereof, including the Dominion Account Agreement and Security Agreement. Any advances made by Pawnee Iowa Corp hereunder shall accrue interest at the same rate as applies to Working Capital Advances made by Lakes.

Operations and Costs of Ancillary Operations. If Lakes makes any advances hereunder ("Working Capital Advances", which advances shall be evidenced by an Operating Note substantially in a form to be agreed to by Pawnee Kickapoo and Lakes and shall accrue interest, from the date the advances are made, at the greater of the prime interest rate of Chase Manhattan Bank U.S.A., N.A. (or any successor bank) plus two percent (2%) or the same rate for the financing provided by any third party lender for the development, construction and equipping of the Project Facilities), Lakes shall be repaid as provided in Section 5.5 hereof (and any amounts outstanding on account of Working Capital Advances at the end of the term of this Management Agreement shall be immediately due and payable by PawneeKickapoo). Any Working Capital Advances shall be Limited Recourse obligations of Pawnee Kickapoo and shall be subject to the security provisions described in Section 5.3(c) hereof, including the Dominion Account Agreement and Security Agreement. Any advances made by Pawnee Kickapoo hereunder shall accrue interest at the same rate as applies to Working Capital Advances made by Lakes.