OWNER'S ADVANCES. Promptly after receipt of the Manager's estimate under Section A of this Article or upon request by Manager, Owner may advance or cause to be advanced to the Owner's Account such funds as are necessary to pay Operating Expenses as they become due. Manager's obligation to pay the obligations of the Property and Owner under this Agreement is conditioned upon the availability of sufficient funds (from a Person other than Manager) to perform such obligation, and, Manager shall not be deemed in default of any provision of this Agreement for its failure to pay or discharge any Operating Expenses or other Property expenses to the extent the balance of the Owner's Account is insufficient to pay the same.
OWNER'S ADVANCES. The term “Owner’s Advances” shall mean the amounts to be advanced by Owner to Manager pursuant to Section 6.1.
OWNER'S ADVANCES. Owner shall advance to Manager on a timely and prompt basis immediately available funds with which to conduct the affairs of and maintain the Facility (hereafter referred to as "Owner's Advances") as set forth in this Agreement and as otherwise provided hereunder.
OWNER'S ADVANCES. Owner shall advance funds to the Operating Expense Account and the Payroll Account described in Section 3.5.2 to conduct the affairs of the Course and maintain the Property (the “Owner’s Advances”) as set forth below. Such Owner’s Advances may be paid by check, wire transfer or authorization to apply funds from the Deposit Account towards the payment of such Owner’s Advances. Owner acknowledges and agrees that it has sole responsibility for providing Owner’s Advances and KSM shall have no responsibility to provide funds for the payment of any Operating Expenses, Gross Payroll, debts or other amounts payable by or on behalf of the Course, the Property or Owner.
OWNER'S ADVANCES. Any of the above provisions resulting in a double exclusion from Gross Revenues shall be allowed as an exclusion only once.
OWNER'S ADVANCES. The term “Owner’s Advances” shall have the meaning described in Section 4.2 of the Agreement.
OWNER'S ADVANCES. Owner shall advance to Manager on a timely and prompt basis immediately available funds with which to conduct the affairs of the Facility and maintain the Facility (hereafter referred to as “Owner’s Advances”) as set forth in this Agreement and as otherwise provided hereunder; provided, however, that notwithstanding anything contained in this Agreement to the contrary, Owner shall have no obligation to advance funds to Manager for the Facility if to do so Owner would be required to make a capital call on Owner’s members beyond the amount of capital committed by Owner’s members as “Initial Capital Contributions” and “Additional Capital Contributions” as set forth on Schedule B to Owner’s limited liability company agreement.
OWNER'S ADVANCES. 1.10.7. Any assessments paid by Owner Members to fund expenses of the Lodge or Owner pursuant to the Operating Agreement. Any of the above provisions resulting in a double exclusion from Gross Receipts shall be allowed as an exclusion only once.
OWNER'S ADVANCES. The term "
OWNER'S ADVANCES. Owner shall be required to advance funds to Operator to conduct the affairs and maintain Property (hereinafter referred to as "Owner's Advances") as provided hereunder.
