Advancing Sample Clauses

Advancing. The Lender’s commitment to make Advances pursuant to Section 2.01 of the Secured Loan Agreement is suspended until the parties execute the amended and restated Secured Loan Agreement currently under discussion and an amended fee letter satisfactory to the Lender is executed.
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Advancing. Determination of Non-Recoverability X
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Advancing. The Theatre Department expects that the producing party will make all requests regarding technical needs in a respectful and timely manner so that they may be adequately considered and accommodated. Requests concerning basic lighting, sound, projection, rigging, or masking needs must be made a minimum of 1 week prior to the start of venue use. Requests concerning the provision of labor by the Theatre Department must be made a minimum of 1 month prior to the start of venue use.
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Advancing. Each advance of principal under the Note shall be made by the Purchaser to the Company upon submission of a written borrowing request provided by the Company to the Purchaser not later than five Business Days prior to the date of such requested advance. The written borrowing request shall certify the use for the proceeds of the advance, state that the conditions precedent for such advance under Section 3 below have been satisfied, and be in a form reasonably satisfactory to the Purchaser. No more than two advances may be made during any month.
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Advancing. (a) Whenever a Monthly Advance (or similar advance of delinquent principal and interest typically referred to as a “delinquency advance,” “monthly advance” or “P&I advance”) or Servicing Advance (or similar advance typically referred to as a “servicing advance”; hereinafter any reference to “Monthly Advance” and “Servicing Advance” shall be deemed to include, respectively such other similar advances) is required to be made under a Servicing Agreement, the Subservicer shall fund the amount of such Monthly Advance or Servicing Advance as required pursuant to such Servicing Agreement.
Sample 1
Advancing. (a) In connection with any circumstances where the Borrower desires a Loan in an amount equal to or less than $20,000,000 (other than Loans where the proceeds of the Loan shall be used for the purpose of financing or refinancing an Acquisition outside of the natural gas compression and production equipment industries, as reasonably determined by the Agent after consultation with the Borrower) and provided that no other request under this Section 2.2(a) has been made in connection with the same circumstances or within the last three months, the Borrower may request the Lenders with Commitments to advance a Loan for such purposes by providing a Loan Request for such proposed Loan to the Agent not later than ten Business Days prior to the proposed date for the Loan. Each Loan Request shall be fully completed, shall specify the information required therein, and shall have attached thereto reasonably detailed information regarding the circumstances related to the Loan Request and all information necessary for the Agent to determine whether or not the conditions precedent for the advance of additional credit specified in Sections 7.1, 7.2, and 7.3 (to the extent applicable) are satisfied. During the first five Business Days after receipt of the Loan Request, at the request of the Agent, the Borrower shall provide the Agent with such additional information as the Agent may reasonably request to determine the satisfaction of such conditions precedent. Upon receipt of all such requested information the Borrower shall provide the Agent with such additional time as the Agent may reasonably request to review such additional information, but in no event less than five Business Days, it being understood that additional time may be necessary for the Agent to make the determinations required in connection with the making of the Loan. Each requested Loan must be in an initial principal amount equal to or greater than $10,000,000. The Agent shall promptly forward a copy of the Loan Request and any additional information requested to the Lenders. After consulting with the Lenders and the Borrower, the Agent shall determine whether or not such conditions precedent are satisfied, and such determination shall bind all of the Lenders. The Agent shall promptly inform the Lenders and the Borrower of the determination of the Agent as to whether or not such conditions precedent are satisfied. If the Agent determines that such conditions precedent are satisfied, the Agent shall prepa...
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Advancing 
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Related to Advancing

  • REIMBURSEMENT TO THE ADVISOR The Company shall not reimburse the Advisor for Total Operating Expenses to the extent that Total Operating Expenses (including the Asset Management Fee), in the four consecutive fiscal quarters then ended (the “Expense Year”) exceed (the “Excess Amount”) the greater of 2% of Average Invested Assets or 25% of Net Income for that period of four consecutive fiscal quarters. Any Excess Amount paid to the Advisor during a fiscal quarter shall be repaid to the Company. Reimbursement of all or any portion of the Total Operating Expenses that exceed the limitation set forth in the preceding sentence may, at the option of the Advisor, be deferred without interest and may be reimbursed in any subsequent Expense Year where such limitation would permit such reimbursement if the Total Operating Expense were incurred during such period. Notwithstanding the foregoing, if there is an Excess Amount in any Expense Year and the Independent Directors determine that all or a portion of such excess was justified, based on unusual and nonrecurring factors which they deem sufficient, the Excess Amount may be reimbursed to the Advisor. If the Independent Directors determine such excess was justified, then, after the end of any fiscal quarter of the Company for which there is an Excess Amount for the 12 months then ended paid to the Advisor, the Advisor, at the direction of the Independent Directors, shall cause such fact to be disclosed in the next quarterly report of the Company or in a separate writing and sent to the Stockholders within 60 days of such quarter end, together with an explanation of the factors the Independent Directors considered in determining that such Excess Amount was justified. Such determination shall be reflected in the minutes of the meetings of the Board. The Company will not reimburse the Advisor or its Affiliates for services for which the Advisor or its Affiliates are entitled to compensation in the form of a separate fee. All figures used in any computation pursuant to this Section 3.04 shall be determined in accordance with generally accepted accounting principles applied on a consistent basis.

  • Advance Masterworks will advance all or any portion of the funds necessary to acquire the Artwork to the Company. If Masterworks pays or has paid a deposit or other funds to the seller prior to the acquisition of the Artwork as a prepayment of part of the purchase price, such deposit or funds shall be non-recourse to the Company prior to the acquisition of the Artwork by the Company, at the time of acquisition of the Artwork such amounts, if any, will be deemed to be an advance obligation payable by the Company to Masterworks. An advance may only be used by the Company to purchase the Artwork. The advance will be recorded on the books and records of the Company and Masterworks as an intercompany loan and will not accrue interest. The advance will be repaid in installments upon each closing of the Offering in cash and or a combination of cash and Class A shares of the Company (valued at $20 per share for such purposes). Unless the Parties otherwise agree to a different allocation, each payment that occurs in connection with a closing of the Offering shall be prorated between the true-up and the advance based on the relative size of each obligation. Under no circumstances will any portion of the advance remain as an outstanding obligation of the Company following the final closing of the Offering and the application of the use of proceeds therefrom.

  • Facilitation The Receiver agrees to facilitate the assumption, assignment or sublease of leases or the negotiation of new leases by the Assuming Institution; provided, that neither the Receiver nor the Corporation shall be obligated to engage in litigation, make payments to the Assuming Institution or to any third party in connection with facilitating any such assumption, assignment, sublease or negotiation or commit to any other obligations to third parties.

  • Collecting all monthly rentals and other charges due from tenants, all rents and other charges due from concessionaires, users of parking spaces and from users or lessees of other facilities in the Properties. Company hereby authorizes and directs Manager to request, demand, collect, receive and receipt for any and all charges or rents which may at any time be or become due to Company, and to take such legal action as necessary to evict tenants delinquent in payment of monthly rent and to take such legal action as necessary to collect any rentals owing from tenants.

  • STUDENT For the purpose of this Collective Agreement, the term Student shall mean a person who, except for summer vacation period or work study period, would normally be attending full time at High School, Vocational School, or University and taking subjects relating to the Refrigeration and Air Conditioning Trade. The intention of this clause is to enable the Employer to give practical experience during summer months to a person whose declared intention is to seek employment in the Trade upon graduation from school, and is not intended as a source of casual labour.

  • Cooperation Prior to the Distribution Prior to the Distribution:

  • COOPERATIVE PURCHASING PROGRAM PARTICIPATION Arkansas' Purchasing Law provides that local public procurement units (counties, municipalities, school districts, certain nonprofit corporations, etc.) may participate in state purchasing contracts. The contractor therefore agrees to sell to Cooperative Purchasing Program participants at the option of the program participants. Unless otherwise stated, all standard and special terms and conditions listed within the contract must be equally applied to such participants.

  • Cooperative Purchasing Pursuant to their own governing laws, and subject to the agreement of the Contractor, governmental entities that are not Customers may make purchases under the terms and conditions contained herein, if agreed to by Contractor. Such purchases are independent of the Contract between the Department and the Contractor, and the Department is not a party to these transactions. Agencies seeking to make purchases under this Contract are required to follow the requirements of Rule 60A-1.045(5), F.A.C.

  • Fundraising 16 4. Purchase of gifts, meals, entertainment, awards, or other personal expenses for 17 CONTRACTOR’s staff, volunteers, or members of the Board of Directors or governing body.

  • Proper Accommodation Proper accommodation shall be provided for employees to have their meals and store and change their clothes.

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