Common use of Working Capital and Inventories Clause in Contracts

Working Capital and Inventories. (a) MCE Leisure shall fund, or procure the funding of, Working Capital and Inventories, which, however funded, are and shall remain, at all times, the property of MCE Leisure. (b) The Philippines Parties shall not be liable to fund Working Capital and Inventories (except if required to do so under the Cooperation Agreement).

Appears in 3 contracts

Sources: Operating Agreement, Closing Arrangement Agreement (Melco Crown Entertainment LTD), Operating Agreement (Melco Crown Entertainment LTD)