Working Capital Advances definition

Working Capital Advances shall have the meaning described in Section 5.7 herein.

Working Capital Advances made to Maker pursuant to Sections 5.3(b) and 5.7, respectively, of the Management Agreement for a Gaming Facility and Related Ancillary Facilities dated January 12, 2005 entered into between the Maker and Lender (the "Management Contract"), plus interest on any Working Capital Advances from the date of such advances, in like money, in accordance with the following terms and provisions:

Working Capital Advances shall have the meaning set forth in Section 4.2 (c) hereof.

Examples of Working Capital Advances in a sentence

• All such advances shall be Owner Working Capital Advances or Additional Manager Advances, as applicable.

• Excess Working Capital Advances shall be repaid in accordance with Section 5.1 of the Custodial and Paying Agency Agreement.

• The proceeds of Excess Working Capital Advances for payment of Working Capital Expenses shall be deposited into the Collection Account for disbursement therefrom for the payment of such permitted Working Capital Expenses.

• The Manager may not assign, sell, transfer, participate, pledge, or hypothecate, in whole or in part, its interest in any Excess Working Capital Advances without the consent of the Initial Member.

• 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.

More Definitions of Working Capital Advances

Working Capital Advances means Advances borrowed by the Borrower for use by the Borrower or its Subsidiaries for working capital purposes.

Working Capital Advances means a Borrowing for the purpose of financing Borrower's purchases of equipment, leasehold improvements and working capital requirements.

Working Capital Advances means any advances voluntarily made by a Member or an Affiliate thereof to the Company for the purpose of funding the working capital needs of the Company or of a Subsidiary or Property Subsidiary.

Working Capital Advances. With respect to Advance of the Loan for Borrower's working capital purpose, such Advances will be made by the Lenders to Borrower upon application by Borrower which application shall state the intended use of such Advances.

Working Capital Advances shall have the meaning assigned thereto in Section 1.1(c).

Working Capital Advances is defined in Section 5.2 (K) hereof. Any accounting terms used in this Agreement which are not specifically defined herein shall have the meanings customarily given them in accordance with generally accepted accounting principles in existence as of the date hereof.

Working Capital Advances means all of the Working Capital Advances collectively, provided that the aggregate principal amount of all Working Capital Advances shall not exceed Seven Hundred Fifty Thousand Dollars ($750,000).