Provision of Working Capital Sample Clauses

Provision of Working Capital. The Company shall provide adequate working capital (directly or through equity or debt placements with third parties) to sustain reasonable growth of the Company's revenue and asset base. Without limiting the foregoing, the Company acknowledges that the Company intends to invest in businesses of which the Company may take majority positions and active control, minority positions and active control and minority positions without such control, and that adequate working capital is essential to fulfill such intention.
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Provision of Working Capital. If, as and when requested by Manager, Owner shall furnish to Manager funds sufficient in amount to constitute normal working capital in accordance with the Annual Plan (the “Working Capital”) for the uninterrupted and efficient operation of the Operated Facilities in accordance with this Agreement, including, without limitation, sufficient funds to pay current liabilities as they fall due and to replace necessary operating inventories and supplies as they are consumed having regard to projected cash flows from the operation of the Operated Facilities. Manager will manage the accounts receivable and inventories of the Operated Facilities.
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Provision of Working Capital. As soon as practicable after completion of Closing the Purchaser will arrange for the provision to SCSI of monies sufficient for its day to day operations, including without limitation arranging a line of credit.
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Provision of Working Capital. Within ( ) Business Days following a request by the Operator to the Owner, the Owner shall furnish to the Operator funds sufficient in amount to constitute required Working Capital for the uninterrupted and efficient Operation of the Hotel in accordance with the Annual Budget, this Agreement and the Standard, including, without limitation, sufficient funds to pay current liabilities as they become due, to replace necessary Operating Supplies as they are consumed, to make Capital Improvements and otherwise to operate, repair and maintain the Hotel in accordance with the Standard, in each case, to the extent consistent with the Annual Budget under the provisions of Article 7. The initial Working Capital that shall be provided by the Owner to the Operator on the Commencement Date is the amount set forth on Schedule 7.4 attached hereto. The Operator shall provide to the Owner periodic cash flow forecasts of the Hotel’s financial needs as part of the Operator’s regular updates of the Annual Budget. If at any time the Operator should determine, in the exercise of its reasonable business judgment, that the Owner's persistent failure to furnish such requested Working Capital in full and timely fashion jeopardizes or impairs the uninterrupted and efficient operation of the Hotel, the Operator may request, and the Owner shall arrange and thereafter maintain a credit facility at an Approved Bank (such as a line of credit) intended to provide financing for the Operator of the Hotel in an amount sufficient to ensure that funds can be made available for Working Capital purposes. The Operator shall manage accounts receivable and inventories as would a prudent operator of a hotel similar to the Hotel and consistent with its operation of the Operator Hotels.
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Provision of Working Capital. The Seller agrees to provide ---------------------------- SM&P working capital sufficient for SM&P (including the UTI Business) to operate in the Ordinary Course of Business and otherwise to comply with Seller's obligations under this Agreement.
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Provision of Working Capital. 4.1 No later than February 28, 2011, the Purchaser shall remit United States Dollar Three Hundred Thousand (USD300,000.00) as working capital for the Company.
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Related to Provision of Working Capital

  • Provision of Multiple Services If the Sub-Advisor shall have provided both investment advisory services under subparagraph (a) and investment management services under subparagraph (b) of paragraph (1) for the same portion of the investments of the Portfolio for the same period, the fees paid to the Sub-Advisor with respect to such investments shall be calculated exclusively under subparagraph (b) of this paragraph 4.

  • Transactional Services The Service Provider shall communicate to its Customers, as to shares of the Fund, purchase, redemption and exchange orders reflecting the orders it receives from its Customers or from any brokers and banks for their Customers. The Service Provider shall also communicate to beneficial owners holding through it, and to any brokers or banks for beneficial owners holding through them, as to shares of the Fund, mergers, splits and other reorganization activities, and require any broker or bank to communicate such information to its Customers.

  • Provision of Services (a) The HSP will provide the Services in accordance with, and otherwise comply with:

  • Interconnection Customer Provided Services The services provided by Interconnection Customer under this LGIA are set forth in Article 9.6 and Article 13.5.1. Interconnection Customer shall be paid for such services in accordance with Article 11.6.

  • Additional Services Fees Payments to the Design Professional on account of Additional Services shall be made as follows:

  • Provision of the Services 6.1 The Service Provider shall, throughout the term of this Agreement, provide the Services to the Client in accordance with the terms and conditions of this Agreement. The Service Provider shall be responsible for ensuring that it complies with all statutes, regulations, byelaws, standards, codes of conduct and any other rules relevant to the provision of the Services.

  • New Services (a) From time to time during the term of this Agreement, either Party may request the other Party to provide additional or different services which such other Party is not expressly obligated to provide under this Agreement (excluding, for the avoidance of doubt, any Additional Services or Service Increases, the “New Services”). The Party receiving such request shall consider such request in good faith; provided, however, that no Party shall be obligated to provide any New Services, including because, after negotiations between the Parties pursuant to Section 2.04(b), the Parties fail to reach an agreement with respect to the terms (including the Service Charges) applicable to the provision of such New Services.

  • Additional Services Registry Operator shall be entitled to provide the Registry Services described in clauses (a) and (b) of the first paragraph of Section 2.1 in the Specification 6 attached hereto (“Specification 6”) and such other Registry Services set forth on Exhibit A (collectively, the “Approved Services”). If Registry Operator desires to provide any Registry Service that is not an Approved Service or is a material modification to an Approved Service (each, an “Additional Service”), Registry Operator shall submit a request for approval of such Additional Service pursuant to the Registry Services Evaluation Policy at xxxx://xxx.xxxxx.xxx/en/registries/rsep/rsep.html, as such policy may be amended from time to time in accordance with the bylaws of ICANN (as amended from time to time, the “ICANN Bylaws”) applicable to Consensus Policies (the “RSEP”). Registry Operator may offer Additional Services only with the written approval of ICANN, and, upon any such approval, such Additional Services shall be deemed Registry Services under this Agreement. In its reasonable discretion, ICANN may require an amendment to this Agreement reflecting the provision of any Additional Service which is approved pursuant to the RSEP, which amendment shall be in a form reasonably acceptable to the parties.

  • Optional Services To the extent that the Fund elects to engage the Transfer Agent to provide the services listed below the Fund shall engage the Transfer Agent to provide such services upon terms and fees to be agreed upon by the parties:

  • Approved Services; Additional Services Registry Operator shall be entitled to provide the Registry Services described in clauses (a) and (b) of the first paragraph of Section 2.1 in the Specification 6 attached hereto (“Specification 6”) and such other Registry Services set forth on Exhibit A (collectively, the “Approved Services”). If Registry Operator desires to provide any Registry Service that is not an Approved Service or is a material modification to an Approved Service (each, an “Additional Service”), Registry Operator shall submit a request for approval of such Additional Service pursuant to the Registry Services Evaluation Policy at xxxx://xxx.xxxxx.xxx/en/registries/rsep/rsep.html, as such policy may be amended from time to time in accordance with the bylaws of ICANN (as amended from time to time, the “ICANN Bylaws”) applicable to Consensus Policies (the “RSEP”). Registry Operator may offer Additional Services only with the written approval of ICANN, and, upon any such approval, such Additional Services shall be deemed Registry Services under this Agreement. In its reasonable discretion, ICANN may require an amendment to this Agreement reflecting the provision of any Additional Service which is approved pursuant to the RSEP, which amendment shall be in a form reasonably acceptable to the parties.

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