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Working Capital Advances definition

Working Capital Advances shall have the meaning described in Section 5.7 herein.
Working Capital Advances shall have the meaning set forth in Section 4.2 (c) hereof.
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:

Examples of Working Capital Advances in a sentence

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

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

  • 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.

  • In no event may Excess Working Capital Advances be used for the making of any Funding Draws.

  • 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.


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 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 means "Advances" as such term is defined in the Working Capital Credit Agreement.
Working Capital Advances means all amounts advanced to the Seller by Bright Mountain under the terms of the 8% Revolving Credit Note with Personal Guarantee dated November 3, 2016 by and between the Bright Mountain, as lender, the Seller, as borrower, and Pexxx Xxxxxx XII, as personal guarantor.
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.