Capital Advance definition

Capital Advance has the meaning set forth in Section 6.4.
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Capital Advance shall have the meaning given to such term in Section 3.02(b) of the Partnership Agreement.
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Capital Advance has the meaning set forth in Section 7.9.
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Examples of Capital Advance in a sentence

  • No Excess Working Capital Advance shall accrue any interest thereon.

  • To the extent multiple Working Capital Expenses (payment of which is permitted to be made using such Excess Working Capital Advance) are outstanding, any funding or use by the Manager of Excess Working Capital Advances for payment of all or any of the same shall follow the relevant priorities as set forth in the Priority of Payments and in Section 3.1 of the Custodial and Paying Agency Agreement, as applicable.

  • The proceeds of any Excess Working Capital Advance for an applicable funding of the Defeasance Account shall be deposited into (and the Manager shall remit such proceeds to the Paying Agent for such deposit into) the Defeasance Account.

  • All Excess Working Capital Advances, together with a detailed statement of the sources and uses thereof (which shall be broken out by the reimbursable and unreimbursable portions thereof), shall be reflected in the Monthly Report with respect to the calendar month during which the relevant Excess Working Capital Advance was made.

  • Working Capital Advances shall be payable only out of the assets of the Company and only as and to the extent provided in Section 3.03(a), and Participant shall have no liability for, and no Person shall have any recourse against Participant for, any Working Capital Advance or the repayment thereof.

  • All Excess Working Capital Advances, together with a detailed statement of the sources and uses thereof (which shall be broken out by the reimbursable and unreimbursable portions thereof), shall be reflected in the Monthly Report with respect to the calendar month during which (or, as applicable, the Distribution Date for which) the relevant Excess Working Capital Advance was made.

  • Working Capital Advance Process • Subrecipients are eligible for a working capital advance if they do not qualify for advance payment and do not have the operating capital to conduct the project on a reimbursement basis initially.

  • At the Initial Closing, the Working Capital Advance shall convert into shares of Common Stock in full satisfaction of all obligations owing thereunder.

  • Fiscal Progress Reports shall account for the fiscal activity of the grant project for the time periods accompanying each Request for Reimbursement or Request for Working Capital Advance.

  • As used in this Rider, the term “HUD Documents” shall mean the following documents relating to the HUD Section 202/811 Capital Advance for the Development (HUD Project No. -NP).


More Definitions of Capital Advance

Capital Advance is defined in Section 4.03(d).
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Capital Advance has the meaning given in section 3.9(1)(b);
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Capital Advance means the total value of cash and agreed gross fair market value of property contributed to the Company by a Member. Additional Members Capital Advances may only be made by a Member with the consent of all other Members.
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Capital Advance shall have the meaning set forth in Section 3.4(b).
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Related to Capital Advance

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Final Advance means an Advance made pursuant to Section 2.02(d).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Initial Advance means the first Advance made pursuant to Article II.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Equipment Advance is defined in Section 2.1.1.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Cash Advance means the amount requested by you and advanced to you by any method approved by us according to the terms of this Agreement in cash or cash equivalent items (including, but not limited to, money orders, travelers checks, lottery tickets, casino chips, vouchers redeemable for cash, or racetrack xxxxxx).

  • Tax Advance has the meaning set forth in Section 6.02(a).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Term Loan as defined in Section 2.1.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Revolving Advance has the meaning given in Section 2.1.

  • Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows: