Provision of Working Capital Sample Clauses

Provision of Working Capital. The Company shall provide adequate working capital (directly or through equity or debt placements with third parties) to sustain reasonable growth of the Company's revenue and asset base. Without limiting the foregoing, the Company acknowledges that the Company intends to invest in businesses of which the Company may take majority positions and active control, minority positions and active control and minority positions without such control, and that adequate working capital is essential to fulfill such intention.
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Provision of Working Capital. If, as and when requested by Manager, Owner shall furnish to Manager funds sufficient in amount to constitute normal working capital in accordance with the Annual Plan (the “Working Capital”) for the uninterrupted and efficient operation of the Operated Facilities in accordance with this Agreement, including, without limitation, sufficient funds to pay current liabilities as they fall due and to replace necessary operating inventories and supplies as they are consumed having regard to projected cash flows from the operation of the Operated Facilities. Manager will manage the accounts receivable and inventories of the Operated Facilities.
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Provision of Working Capital. 4.1 No later than February 28, 2011, the Purchaser shall remit United States Dollar Three Hundred Thousand (USD300,000.00) as working capital for the Company.
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Provision of Working Capital. The Seller agrees to provide ---------------------------- SM&P working capital sufficient for SM&P (including the UTI Business) to operate in the Ordinary Course of Business and otherwise to comply with Seller's obligations under this Agreement.
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Provision of Working Capital. As soon as practicable after completion of Closing the Purchaser will arrange for the provision to SCSI of monies sufficient for its day to day operations, including without limitation arranging a line of credit.
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Provision of Working Capital. Within ( ) Business Days following a request by the Operator to the Owner, the Owner shall furnish to the Operator funds sufficient in amount to constitute required Working Capital for the uninterrupted and efficient Operation of the Hotel in accordance with the Annual Budget, this Agreement and the Standard, including, without limitation, sufficient funds to pay current liabilities as they become due, to replace necessary Operating Supplies as they are consumed, to make Capital Improvements and otherwise to operate, repair and maintain the Hotel in accordance with the Standard, in each case, to the extent consistent with the Annual Budget under the provisions of Article 7. The initial Working Capital that shall be provided by the Owner to the Operator on the Commencement Date is the amount set forth on Schedule 7.4 attached hereto. The Operator shall provide to the Owner periodic cash flow forecasts of the Hotel’s financial needs as part of the Operator’s regular updates of the Annual Budget. If at any time the Operator should determine, in the exercise of its reasonable business judgment, that the Owner's persistent failure to furnish such requested Working Capital in full and timely fashion jeopardizes or impairs the uninterrupted and efficient operation of the Hotel, the Operator may request, and the Owner shall arrange and thereafter maintain a credit facility at an Approved Bank (such as a line of credit) intended to provide financing for the Operator of the Hotel in an amount sufficient to ensure that funds can be made available for Working Capital purposes. The Operator shall manage accounts receivable and inventories as would a prudent operator of a hotel similar to the Hotel and consistent with its operation of the Operator Hotels.
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Related to Provision of Working Capital

  • Transactional Services The Service Provider shall communicate to its Customers, as to shares of the Fund, purchase, redemption and exchange orders reflecting the orders it receives from its Customers or from any brokers and banks for their Customers. The Service Provider shall also communicate to beneficial owners holding through it, and to any brokers or banks for beneficial owners holding through them, as to shares of the Fund, mergers, splits and other reorganization activities, and require any broker or bank to communicate such information to its Customers.

  • Provision of Services (a) The HSP will provide the Services in accordance with, and otherwise comply with:

  • New Services (a) From time to time during the term of this Agreement, either Party may request the other Party to provide additional or different services which such other Party is not expressly obligated to provide under this Agreement (excluding, for the avoidance of doubt, any Additional Services or Service Increases, the “New Services”). The Party receiving such request shall consider such request in good faith; provided, however, that no Party shall be obligated to provide any New Services, including because, after negotiations between the Parties pursuant to Section 2.04(b), the Parties fail to reach an agreement with respect to the terms (including the Service Charges) applicable to the provision of such New Services.

  • Additional Services Registry Operator shall be entitled to provide the Registry Services described in clauses (a) and (b) of the first paragraph of Section 2.1 in the Specification 6 attached hereto (“Specification 6”) and such other Registry Services set forth on Exhibit A (collectively, the “Approved Services”). If Registry Operator desires to provide any Registry Service that is not an Approved Service or is a material modification to an Approved Service (each, an “Additional Service”), Registry Operator shall submit a request for approval of such Additional Service pursuant to the Registry Services Evaluation Policy at xxxx://xxx.xxxxx.xxx/en/registries/rsep/rsep.html, as such policy may be amended from time to time in accordance with the bylaws of ICANN (as amended from time to time, the “ICANN Bylaws”) applicable to Consensus Policies (the “RSEP”). Registry Operator may offer Additional Services only with the written approval of ICANN, and, upon any such approval, such Additional Services shall be deemed Registry Services under this Agreement. In its reasonable discretion, ICANN may require an amendment to this Agreement reflecting the provision of any Additional Service which is approved pursuant to the RSEP, which amendment shall be in a form reasonably acceptable to the parties.

  • Optional Services To the extent that the Fund elects to engage the Transfer Agent to provide the services listed below the Fund shall engage the Transfer Agent to provide such services upon terms and fees to be agreed upon by the parties:

  • Modification of Services Credit Union reserves the right to modify the Service from time to time without making prior notice to Member, provided, however, that Credit Union will give you at least thirty (30) days notice prior to making any modifications to the Service that would materially alter their functionality.

  • Transitional Services Contractor shall provide Transitional Services to offenders who are being released from a prison, an assessment/sanction center, prerelease center, or treatment center for up to the first 90 days of community supervision after release. A Probation and Parole Officer (PO) will determine the specific services to be provided to each offender based on the offender’s needs and individualized case plan as determined or developed by the State. The referring PO will complete an agreed upon referral form designating the services selected. Contractor will confirm availability of services, establish a start date, and return the referral form to the PO and the designated State staff.

  • Description of Consulting Services Consultant shall perform the following services pursuant to the terms of this Agreement:

  • Service Level Agreement Subject to the terms and conditions of this Agreement, Bank agrees to perform the custody services provided for under this Agreement in a manner that meets or exceeds any service levels as may be agreed upon by the parties from time to time in a written document that is executed by both parties on or after the date of this Agreement, unless that written document specifically states that it is not contractually binding. For the avoidance of doubt, Bank’s Service Directory shall not be deemed to be such a written document.

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