Working Capital Advance definition

Working Capital Advance has the meaning specified in Section 2.01(a).

Working Capital Advance means each Advance of Working Capital Loans by or on behalf of the Working Capital Lenders on any single date to the Borrower in accordance with Section 2.06 (Funding) and Article VII (Conditions Precedent).

Working Capital Advance means a Working Capital A Advance, a Working Capital B-1 Advance, a Working Capital B-2 Advance, a Working Capital B-3 Advance or a Canadian Borrower Advance.

Examples of Working Capital Advance in a sentence

• No Excess Working Capital Advance shall accrue any interest thereon.

• The proceeds of any Excess Working Capital Advance for an applicable funding of the Defeasance Account shall be deposited into (and the Manager shall remit such proceeds to the Paying Agent for such deposit into) the Defeasance Account.

• All Excess Working Capital Advances, together with a detailed statement of the sources and uses thereof (which shall be broken out by the reimbursable and unreimbursable portions thereof), shall be reflected in the Monthly Report with respect to the calendar month during which the relevant Excess Working Capital Advance was made.

• To the extent multiple Working Capital Expenses (payment of which is permitted to be made using such Excess Working Capital Advance) are outstanding, any funding or use by the Manager of Excess Working Capital Advances for payment of all or any of the same shall follow the relevant priorities as set forth in the Priority of Payments and in Section 3.1 of the Custodial and Paying Agency Agreement, as applicable.

• No Excess Working Capital Advance will accrue any interest thereon.

More Definitions of Working Capital Advance

Working Capital Advance means a procedure whereby funds are advanced to the recipient to cover its estimated disbursement needs for a given initial period.

Working Capital Advance means amounts advanced by or on behalf of the Company to fund the Company’s operations and operating deficits.

Working Capital Advance means a procedure where by funds are advanced to the recipient to cover its estimated disbursement needs for a given initial period.§ 2543.3 Effect on other issuances.

Working Capital Advance has the meaning set forth in Section 5.10.

Working Capital Advance means a procedure whereby funds are advanced to the recipient to cover its estimated disbursement needs for a given initial period.[59 FR 38271, July 27, 1994, as amended at 72

Working Capital Advance means an Advance made by Lender to Borrower for the purpose of reimbursing Borrower for, or paying for, certain costs in respect of Capital Expenditures, Tenant Improvements and/or Leasing Costs.

Working Capital Advance means a procedure whereby funds are advanced to the recipient to cover its estimated disbursement needs for a given initial period.§ 14.3 Effect on other issuances.