Interim Advances definition

Interim Advances has the meaning specified therefor in Section 2.3(c)(i)(A) of the Agreement.

Interim Advances. Upon entry of the Interim Order (described below) and the occurrence of the Closing Date, the Total Commitment shall be limited to an interim amount of $30,000,000 pending entry of the Final Order (described below). If the Final Order is not entered within 30 days after the Closing Date, all interim advances made to the Borrowers shall be due in full and immediately payable.

Interim Advances means those advances of Revolving Credit Loans made under this Agreement pursuant to the terms of the Interim Order.

Examples of Interim Advances in a sentence

• Agent shall maintain an account on its books in the name of Borrower (the “Loan Account”) on which Borrower will be charged with the Loans (including Interim Advances and Extraordinary Advances) made by Agent or the Lenders to Borrower or for Borrower’s account, the Letters of Credit issued or arranged by Issuing Bank for Borrower’s account, and with all other payment Obligations hereunder or under the other Loan Documents, including, accrued interest, fees and expenses, and Lender Group Expenses.

• Subject to the terms of this Agreement, Owner agrees to make (a) an Initial Advance with respect to a Unit in accordance with Section 4 of this Agreement, (b) Interim Advances from time to time in accordance with Section 5 of this Agreement, (c) a Final Advance in accordance with Section 6 of this Agreement and (d) a Completion Advance in accordance with Section 7 of this Agreement.

• Owner shall have no obligation to make Interim Advances more often than once every seven (7) days.

• OFMH 13.18.2 Interim Advances “The recipient of the funds is personally accountable for the funds until they are accounted for (with receipts or funds are returned).” noncompliance with procedures for performing unannounced monthly cash counts increased the risk of misappropriated funds.

• Agent, as a non-fiduciary agent for Borrower, shall maintain a register showing the principal amount of the Loans owing to each Lender, and Interim Advances and/or Extraordinary Advances owing to Agent, and the interests therein of each Lender, from time to time and such register shall, absent manifest error, conclusively be presumed to be correct and accurate.

More Definitions of Interim Advances

Interim Advances shall have the meanings provided therefor in Section 1.01(d) hereof.

Interim Advances has the meaning set out in the Interim Funding Agreement.

Interim Advances shall have the meaning given such term in Section 6.01(g).

Interim Advances. The meaning specified in Section 3.03 hereof.

Interim Advances shall have the meaning set forth in Section 5.1(a).

Interim Advances. Agreements with such Consultants shall be between those Persons and the Tribe provided that Developer’s prior contracts with the non-attorney Consultants listed in Exhibit B are hereby approved by the Tribe. Notwithstanding the foregoing, Developer may select and retain one or more law firms to assist it in carrying out its responsibilities under this Agreement which firms shall serve solely as Developer’s attorneys in connection with this Project. During the Exclusive Period, the Tribe and the Affiliates of the Tribe shall not directly or indirectly designate or appoint (or cause to be designated or appointed) any other Person to act as a developer with respect to the Project and shall not directly or indirectly Develop or act as a developer with respect to the Project except where allowed by the express provisions of this Agreement. In addition, during the Exclusive Period, the Tribe, on the one hand, and Developer, on the other hand, shall not directly or indirectly build, develop or own any Competitive Facilities or hold any interest in any Competitive Facilities except as hereafter agreed by the Parties in writing.

Interim Advances has the meaning specified in Section 2.1(a)(i).