Examples of Additional Working Capital in a sentence
If Owner does not advance such Additional Working Capital, Manager shall have the right, without any obligation and in its sole discretion, to fund Additional Working Capital within ten (10) Business Days after such initial ten (10) day period.
See Sections 3.9.2 and 3.3.10.1 Working Capital for more information on Additional Working Capital for LMI Jobs.The State considers an individual to be income qualified as low- to moderate- income if the annual wages or salary of the job retained by the assisted business is at or under the HUD-established income limit for a one-person family.Area Median Income is defined by HUD and is found on the appropriate Fiscal Year Income Limits table.
The Net Proceeds from the Issue are proposed to be utilized by our Company for the following objects: 1) Additional Working Capital; and2) To meet the expenses of the Issue.
Additional Working Capital (AWC)AWC is primarily for accruals during the course of construction for mortgage insurance premiums (MIPs), taxes, ground rents, property insurance premiums, and assessments, when funds available for these purposes under the Building Loan Agreement have been exhausted; and also for allocation to such accruals after completion of construction, if the income from the hospital at that time is insufficient to meet such accruals.
Nonprofit or governmental entities may choose to fund an Additional Working Capital (AWC) cash escrow (refer to description on Supplement 2-10) instead of AMPO.
Non-profit hospitals may elect to fund an Additional Working Capital escrow in lieu of including AMPO as part of the insured loan.
All Additional Working Capital shall be utilized by Manager on behalf of Tenant for the purposes of this Agreement pursuant to cash-management policies established for the System; provided, however, that so long as any of the Hotels are subject to the Pooling Agreement, the Working Capital for such Hotels will be pooled with working capital provided under the Other Management Agreements and may be used to fund working capital needs for all Portfolio Properties.
Additional Working Capital Trust Fund budget authority was requested due to transfers of positions into the Information Technology entity and the result of the double budget impact.
Additional Working Capital Requirement Our Company will utilize a part of the Issue Proceeds to fund additional future working capital requirements.
Optional for not-for-profits) Borrower has deposited with Lender, subject to the control and order of Lender in a depository satisfactory to Lender in accordance with Program Obligations, a working capital (or Additional Working Capital) deposit in the form of cash/irrevocable letter of credit in the sum of $___________ per Program Obligations (that Lender agrees to maintain and control.