Examples of Temporary Advances in a sentence
November 10, 2021Date of Imposition of JudgmentSignature of JudgeGRAY H.
Company policy regarding the following travel and entertainment expense reporting categories is set forth in the HII Corporate Accounting Policy Manual: - Permanent and Temporary Advances.
Any Temporary Advances shall be repaid from the Delayed Members’ Capital Contributions under Section 3.01 (including from any Delayed Contributions), with any unreturned Temporary Advances and any Temporary Advance Fees paid as set forth in Section 5.01.
As of December 31, 2021, the balance of the Temporary Advances to the National Government account amounts to a face value of ARS 2,173,049.344 (ARS 1,902,543,820 as of December 31, 2020), out of which ARS 1,365,049,344 have been granted for a twelve-month period (ARS1,062,930,983 as of December 31, 2020); exceptionally, ARS 808,000,000, have been granted for a maximum eighteen-month period in accordance with the current regulatory framework (ARS 839,612,837 as of December 31, 2020).
I had taken the following final withdrawals : Temporary Advances Final Withdrawals 1............................................
The parties agree that the Temporary Advances shall be a non-recourse loan from the Member making such Temporary Advance to the Non-Contributing Member followed by a Capital Contribution by the Non-Contributing Member to the Company.
A Member, with Prior Board Approval, may make loans of cash or other property (“Temporary Advances”) to temporarily fund the Company until Capital Contributions are made by the Members as set forth in Section 3.1. Such Temporary Advances plus interest at the Temporary Advance Rate shall be repaid from the other Member’s Capital Contributions under Section 3.1, with any unreturned Temporary Advances plus interest at the Temporary Advance Rate paid as set forth in Section 5.1.
A Member or its Affiliates, with Board Approval, may make loans (“Temporary Advances”) to temporarily fund obligations for Valid Company Purposes until Capital Contributions are made by the Members as set forth in Section 4.1. Such Temporary Advances plus interest at the Temporary Advance Rate shall be returned from any Capital Contributions by the Members under Section 4.1, with any unreturned Temporary Advances plus interest at the Temporary Advance Rate paid in accordance with Section 6.1.
In the case of payments made from Permanent or Temporary Advances, the expenditure shall be recognised when an account together with the relevant supporting documents are approved and authorised for adjustment.
Information and papers for each meeting shall also be made available to any director who is not a member of the Committee unless the Committee Chairman considers it would be inappropriate to do so.