Examples of Expense Advance in a sentence
Xxxxxxx Title: Chief Executive Officer [Signature Page to the Expense Advance Agreement between Cantor Equity Partners, Inc.
In the event there are insufficient Sports Center Gross Revenues to fund the amounts required by Section 6.6.2 (iv) the Operator shall make an Operating Expense Advance with respect to such Operating Year no later than February 15th of the following Operating Year to fund any shortfall.
The Sponsor entered into an Expense Advance Agreement (the “Expense Advance Agreement”) substantially in the form annexed as an exhibit to the Registration Statement pursuant to which the Sponsor has committed to fund the Company up to $1,750,000 for the Company’s expenses relating to investigating and selecting a Target Business and other working capital requirements prior to a Business Combination.