Initial Cash Needs Clause Samples

Initial Cash Needs. Two (2) weeks prior to the Commencement Date, Owner shall fund the Operating Capital necessary to commence operating the Riverboat, in an amount not to exceed the estimated operating expenses for eight (8) weeks, as set forth in the Operating Budget, and an amount equal to the Casino Bankroll.
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Initial Cash Needs. Thirty (30) days prior to the Estimated -------------------- Opening Date, Owner shall fund to Manager the Working Capital necessary to commence operating the Facility, as established by Manager.
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Initial Cash Needs. Six (6) months prior to the scheduled Opening Date of the Facility, Owner shall fund the amounts necessary to implement the Pre-Opening Budget, and Fifteen (15) days prior to Opening Date of the Facility, Owner shall fund the Working Capital necessary to commence operating the Facility, in an amount not to exceed the estimated operating expenses for four (4) weeks as set forth in the initial Annual Budget as revised.
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Initial Cash Needs. Two (2) weeks prior to the Commencement Date, Owner shall fund the Operating Capital necessary to commence operating the Project, in an amount not to exceed the estimated operating expenses for eight (8) weeks, as set forth in the Operating Budget, and an amount equal to the Bankroll.
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Related to Initial Cash Needs

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

  • Initial Capital The initial capital of the Company shall be the sum of cash contributed to the Company by the Member (the “Capital Contribution”) in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

  • Initial Capital Contribution and Ownership The Trust Beneficial Owner has paid or has caused to be paid to, or to an account at the direction of, the Trustee, on the date hereof, the sum of $15 (or, in the case of Notes issued with original issue discount, such amount multiplied by the issue price of the Notes). The Trustee hereby acknowledges receipt in trust from the Trust Beneficial Owner, as of the date hereof, of the foregoing contribution, which shall be used along with the proceeds from the sale of the series of Notes to purchase the Funding Agreement. Upon the creation of the Trust and the registration of the Trust Beneficial Interest in the Securities Register (as defined in the Trust Agreement) by the Registrar in the name of the Trust Beneficial Owner, the Trust Beneficial Owner shall be the sole beneficial owner of the Trust.

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Initial Capital Contributions The Partners have made, on or prior to the date hereof, Capital Contributions and have acquired the number of Class A Units as specified in the books and records of the Partnership.