Examples of CapEx Advance in a sentence
The obligation of each CapEx Lender to make a CapEx Advance on the occasion of each CapEx Borrowing shall be subject to the further conditions precedent set forth in Schedule IV.
The “Class” of an Advance refers to the determination of whether such Advance is a Revolving Advance, a Term Advance, a CapEx Advance or a Swing Line Advance.
Any request for a CapEx Advance, whether written or telephonic, shall be deemed to be a representation by such Borrower that the conditions set forth in Section 4.2 have been satisfied as of the time of the request.
Based on data from the Hawai‘i County General Plan, there were 1,265,700 visitors and 10,041 hotel rooms in the County in 2000.
Upon fulfillment of the applicable conditions set forth in Article IV, the Lender shall deposit the proceeds of the requested CapEx Advance by crediting the same to such Borrower's demand deposit account specified in Section 2.1(b) unless the Lender and such Borrower shall agree in writing to another manner of disbursement.