Capital Control definition

Capital Control means adherence to the capital budget approved by the Company's Board of Directors as part of the annual budgeting process. Such budget shall be inclusive of the costs of new, enlarged, and relocated stores, remodels, lease rights, divisional capital, and other associated costs.
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Capital Control means the overall maximum net inflow/outflow from investing activities that may be incurred by the Borrower in any relevant financial year as determined by the Lender
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Examples of Capital Control in a sentence

  • On or before the Initial Closing Date, each of the Monetization Accounts and the Controlled Accounts (other than the GE Capital Control Account) shall have been established in accordance with the terms of the Allocation Agreement.

  • On each Actual Application Date, prior to the application of funds in the GE Capital Control Account in accordance with Section 1.4(c), Lender shall cause all interest income (net of losses) actually earned on the funds on deposit in each Controlled Account (as determined by Portfolio Servicer and specified on the related Settlement Report) to be distributed to the MPE 1 Account.

  • For purposes of computing interest on the Obligations as of any date, no deposits to the GE Capital Control Account shall be deemed received by Lender until applied in accordance with Section 1.4(c).

  • On or before the Initial Closing Date, Borrower shall have established an account with Citibank, N.A. in the name of Borrower (the “GE Capital Control Account”) under account number 795253 and with respect to which Lender has sole dominion and control and a perfected, first priority security interest therein and the funds on deposit therein pursuant to the Deposit Account Control Agreement (as in effect on the Initial Closing Date).

  • The Reformed movement spread throughout France with incredible speed and determination.

  • On or before the Initial Closing Date, Borrower shall have established an account with Citibank, N.A. in the name of Borrower (the "GE Capital Control Account") under account number 795253 and with respect to which Lender has sole dominion and control and a perfected, first priority security interest therein and the funds on deposit therein pursuant to the Deposit Account Control Agreement (as in effect on the Initial Closing Date).

  • Subject to the satisfaction of all conditions precedent and in reliance on the representations and warranties made in or in accordance with them and furthermore subject to Capital Control Approval and the other provisions of this Agreement, the Lenders shall make available to the Borrowers a secured term loan in one advance not exceeding the lesser of (a) $14,500,000 and (b) 56% of the aggregate market value of the Ships as at the Drawdown Date.

  • Subject to the satisfaction of all conditions precedent and in reliance on the representations and warranties made in or in accordance with them and furthermore subject to Capital Control Approval and the other provisions of this Agreement, the Lenders shall make available to the Borrower in one advance the principal amount of up to US$ 15,000,000.