Funding of Operating Expenses. At the Closing, the Seller ----------------------------- shall disburse to the Buyer any amounts undisbursed as of the Closing Date of the aggregate amount of One Million Eight Hundred Thousand Dollars (US $1,800,000) of
Funding of Operating Expenses. To the extent the Management Committee expressly approves an additional capital call for Operating Expenses, each Member (other than an Electing Member) shall disburse monies to the Project Account to pay its Pro Rata share of such Operating Expenses, in accordance with the instructions for such funding determined by the Management Committee. All disbursements by the Members for Operating Expenses shall constitute Capital Contributions.
Funding of Operating Expenses. To the extent set forth in, and subject to the terms of, this Agreement (including the Servicing Obligations), the Servicer shall, on behalf of the Manager, in turn acting on behalf of the Company (and from Company funds made available by the Manager), pay Operating Expenses as directed by the Manager; provided that the making of the same is consistent with the applicable terms and conditions in the Custodial and Paying Agency Agreement and, subject to Section 5.7, the applicable terms and conditions in the LLC Operating Agreement and the other Ancillary Documents.
Funding of Operating Expenses. Notwithstanding the provisions of ----------------------------- Section 8.02 above, during the period between the date of this Agreement and the Closing Date, Seller shall have the right, but not the obligation, to fund the Company's ongoing operating expenses, to the extent that the Seller deems necessary, in an amount not to exceed US$500,000. To the extent that Forest-Starma has positive cash flow during this period, Seller shall have the right to obtain full or partial reimbursement of such funding through Forest-Starma. Seller hereby agrees that any such funding provided by Seller to the Company that has not been reimbursed as of the Closing Date will be forgiven. Any such funding that is reimbursed by the Company to the Seller shall have no effect on the Purchase Price.
Funding of Operating Expenses. Parent agrees to lend Company up to $25,000 per week during the period commencing on November 1, 2007 and ending on the earlier of the Closing Date or the date of termination of this Agreement pursuant to Section 8.01, with all such loans made pursuant to Company Promissory Notes in the form attached hereto as Exhibit C.
