Project Cost Revolving Loans definition

Project Cost Revolving Loans means any Revolving Loans the proceeds of which are used to fund Phase II Project Costs.

Examples of Project Cost Revolving Loans in a sentence

  • Whenever Venetian desires that Lenders make Revolving Loans that are not Project Cost Revolving Loans, it shall deliver to the Administrative Agent a Borrowing Notice no later than 1:00 p.m. (New York City time) at least three Business Days in advance of the proposed Funding Date (in the case of a Eurodollar Rate Loan) or at least one Business Day in advance of the proposed Funding Date (in the case of a Base Rate Loan).

  • In order to induce Lenders and Issuing Lenders to enter into this Agreement and to make Credit Extensions, the Borrowers represent and warrant to each Lender that, on the Closing Date and on each Funding Date, each of the following statements and, in the case of Credit Extensions other than Letters of Credit or Revolving Loans that are not Project Cost Revolving Loans, each of the representations and warranties set forth in the Disbursement Agreement, are true, correct and complete.

  • This is to enable the Company to comply with both its legal obligations under the Companies Act 2006 and the measures introduced relating to Covid-19.

  • The Board shall conduct such other meetings during the year as18 the Board determines within the work program developed at the Annual Meeting, or19 otherwise at the call of the Chair or his or her motion or upon consideration of requests from20 member Commissions or the Director’s Committee or others.

  • To meet government priorities, consultations were held with MoF, SAACCS, the Regional Development, Transport, Construction and Communications Unit at the Prime Minister’s Office (PM Office), the State Agency for Local Self-Government and Inter-ethnic Relations, and the Ministry of Education.

  • All proceeds of the Project Loans (except to the extent consisting of proceeds of the Local Term Loans or of proceeds of the Term B Funded Facility used to consummate the Refinancing, repay the Refinanced Debt, to fund the Interest Escrow Account, and to pay fees and expenses incurred in connection with the Credit Facilities on the Closing Date, and other than Revolving Loans that are not Project Cost Revolving Loans) shall be deposited into the Project Loans Proceeds Sub-Account.

  • There shall also be deposited on each Advance Date the proceeds of Project Cost Revolving Loans and Term Loans advanced by the Bank Lenders and the funds which are advanced by the Phase II Mall Lenders on such Advance Date in accordance with Section 2.4.3(a).

  • All proceeds of TLF II Loans that are Project Cost Term Loans, and Project Cost Revolving Loans, shall be deposited in the Project Loans Disbursement Account or Local Currency Loans Accounts, as applicable.

  • Such Revolving Credit Facility (other than Project Cost Revolving Loans) will be made available to LVSI and VCR in accordance with the terms of the Bank Credit Agreement and shall not be governed by the terms of this Agreement.

  • All proceeds of the Non-Casino Loans (except to the extent consisting of proceeds of the Local Term Loans or of proceeds of the Term B Funded Facility used to consummate the Refinancing, repay the Refinanced Debt, to fund the Interest Escrow Account, and to pay fees and expenses incurred in connection with the Credit Facilities on the Closing Date, and other than Revolving Loans that are not Project Cost Revolving Loans) shall be deposited into the Non-Casino Loans Proceeds Sub-Account.

Related to Project Cost Revolving Loans