Examples of Equipment Component in a sentence
The Main Project Budget (including the detailed schedules thereto) allocates the Main Project Costs to be incurred with respect to construction and completion of each of the Hotel/Casino Component, the Energy Project Component and the Equipment Component.
Tranche A Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the aggregate amount of Tranche A Revolver Commitments, minus the LC Reserve; or (b) the sum of the Tranche A Accounts Formula Amount, plus the Tranche A Inventory Formula Amount, plus the Eligible Equipment Component plus the Segregated Account Cash Balance.
Each of the Disbursement Agent and the Bank Agent shall promptly notify the other upon receipt of notices of any draws on Approved Equipment Funding Commitments or acquisitions or placing of purchase orders on Equipment Component items.
On the Conversion Date, Agent shall notify the Borrowers’ Representative and the Lenders of the Mortgage Component Amount, the Equipment Component Amount and the IP Component Amount applicable to the Fixed Asset Loans made by each Lender in writing by the delivery of a Fixed Asset Loan Term Out Notice in the form of Exhibit J attached hereto.
Medarex shall pay to Corixa the Equipment Component by wire transfer of immediately available funds to such bank account of Corixa as Corixa designated prior to the execution of this Agreement.
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.
Promptly upon the consummation of the sale of the Longview Property, the Borrowers shall inform the Administrative Agent of the amount of the Net Cash Proceeds from such Disposition, the amount of the reduction in the US Equipment Component that occurred on the date of such Disposition, and the amount of the reduction to the US Borrowing Base that occurred on the date of such Disposition.
In order to fund costs related to the Equipment Component until draws are permitted under such Approved Equipment Funding Commitments, the Company may (i) make draws on the Bank Revolving Facility, up to an aggregate amount of Fifteen Million Dollars ($15,000,000), in accordance with the provisions of Bank Credit Agreement and (ii) request Advances from HC/Mall Component Funding Sources, up to an aggregate amount of Five Million Dollars ($5,000,000).
Allocations Among Hotel/Casino Component and Equipment Component.
The “Equipment Component” of the Fixed Asset Loans made by each Lender shall be an amount equal to (A) such Lender’s Applicable Percentage of the total Fixed Asset Loans, times (B) the Equipment Component Amount.