Additional Marriott Advances definition

Additional Marriott Advances means Additional Marriott Advances under the Pooling Agreement, and if the Pooling Agreement does not apply to any Hotel, then the portion of such Additional Marriott Advances determined to be allocable to such Hotel in accordance with the Pooling Agreement.
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Additional Marriott Advances means all advances made by Marriott pursuant to Sections 3.03, 4.03 (to the extent described therein as deemed Additional Marriott Advances) and 5.01.B of this Agreement, together with simple interest at the rate of nine percent (9%) per annum on the outstanding balance thereof from time to time.
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Examples of Additional Marriott Advances in a sentence

  • Upon expiration of the entire term of each Management Agreement and expiration of the entire term of the Lease (in each instance including with respect to any exercised renewals), and provided that such expiration did not result from a default by Tenant under any Management Agreement, Tenant shall have no further liability for repayment of Additional Marriott Advances made pursuant to this Agreement.

  • Tenant Aggregate Operating Loss Advances shall be repaid in accordance with Section 2.02.A(2) hereof, and Additional Marriott Advances shall be repaid in accordance with Section 2.02.A(2) hereof.

  • Any Tenant Aggregate Operating Loss Advances and/or Additional Marriott Advances and/or Additional Manager Advances shall be repaid in accordance with Section 2.02.A(4) hereof.

  • The higher workload on e-commerce website during festivals or promotional schemes than normal such as Amazon Christmas sale [2], recent China’s ’sin- gles day’ sale [3] etc.

Related to Additional Marriott Advances

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Equipment Advance is defined in Section 2.1.1.

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Loan Advance The meaning specified in Section 2.2(a).

  • Tranche C Term Loan as defined in Section 2.1.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Tranche B Term Loan as defined in Section 2.1.

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.