FF&E Proceeds Sample Clauses

FF&E Proceeds. LCR shall fail to deposit into the Bank Proceeds Account and/or the Phase II Hotel/Casino Equity Account, as applicable in accordance with Section 2.2.3(b), within ten Banking Days of the receipt thereof, the proceeds of draws under the FF&E Financings with respect to FF&E Component items for which one or more Advances have been made pursuant to Section 2.2.3(b).

FF&E Proceeds. The Borrower shall fail to deposit into the Project Loans Disbursement Account in accordance with Section 2.1.2(b) of the Depository Agreement, within 20 Business Days of the receipt thereof, the proceeds of draws under the FF&E Facilities with respect to FF&E Component items for the Project for which one or more Advances have been made pursuant to Section 2.1.2(b) of the Depository Agreement;