Working Capital Advance definition

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

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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.

• 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.

• 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.

• The timing and amount of Working Capital Advance payment must be as close as is administrative feasible to the actual disbursements by the Subrecipient for allowable grant direct costs and the proportionate share of any allowable indirect costs.

More Definitions of Working Capital Advance

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 has the meaning specified in Section 2.01(d).

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

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. Operating funds would be made available by RCA pursuant to mutually approved annual plans on a non-interest bearing basis. If AD and RCA are unable to agree upon an annual business plan for any year, the working capital advance provided for such non-plan year will be an amount equal to the following amounts based on the assumption that the New Entity will sign 5 new Artist during such year: (i) A&R funding equal to [***] for the initial product commitment; (ii) a minimum of [***] per album release in marketing and promotion funds, and (iii) overhead payments equal to [***] in the event of an Automatic Conversion or [***] in the event of an Optional Conversion. RCA agrees that all or any portion of the overhead payments may, at AD's election, be paid to Don and Marc as salary, perquisites and benefits other distributions.

Working Capital Advance means an advance by a Working Capital Lender to the Borrower as part of a Working Capital Loan pursuant to Section 2.02(a).

Working Capital Advance as defined in Section 2.01(a) of the Credit Agreement.