Resort Component Funding Sources definition

Resort Component Funding Sources means the Bank Credit Facility, the Second Mortgage Notes Proceeds and amounts on deposit in the Company's Funds Account.
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Resort Component Funding Sources means the Bank Credit Facility, the Second Mortgage Notes Proceeds and amounts on deposit in the
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Examples of Resort Component Funding Sources in a sentence

  • The Company's Completion Certificate further shall set forth each Resort Component Funding Source's and the FF&E Facility's portion of the Required Completion Amount calculated in accordance with the preceding sentence.

  • For purposes of the foregoing calculation it shall be deemed that the amount represented by the FF&E Reimbursement Advance was Advanced by the FF&E Facility and not by the Resort Component Funding Sources.

  • Upon obtaining proceeds of draws under any FF&E Facility in respect of FF&E Component items the purchase of which was financed, in whole or in part, with Resort Component Funding Sources, the Company shall cause such proceeds to be deposited in the Term Loans Disbursement Account.

  • This Section shall not restrict such Affiliate’s ability to contribute equity or to make such payment, but only such Affiliate’s ability to be reimbursed for such payment from Resort Component Funding Sources.

  • The parties therefore agree that Eligible FF&E Equipment purchased with Resort Component Funding Sources may be refinanced with proceeds of FF&E Facilities as provided herein.

Related to Resort Component Funding Sources

  • SPE Component Entity shall have the meaning set forth in Section 5.1 hereof.

  • S&P CDO Monitor Test A test that will be satisfied on any date of determination (following receipt, at any time on or after the S&P CDO Monitor Election Date, by the Issuer and the Collateral Administrator of the Class Break-even Default Rates for each S&P CDO Monitor input file (in accordance with the definition of “Class Break-even Default Rate”)) if, after giving effect to a proposed sale or purchase of an additional Collateral Obligation, the Class Default Differential of the Highest Ranking Class of the Proposed Portfolio is positive. The S&P CDO Monitor Test will be considered to be improved if the Class Default Differential of the Proposed Portfolio that is not positive is greater than the corresponding Class Default Differential of the Current Portfolio.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Basket Componenti means the respective share as specified in § 1 of the Product and Underlying Data. "Calculation Agent" means the Calculation Agent as specified in § 2 (2) of the General Conditions.

  • Multiregional Modeling Working Group or “MMWG” shall mean the NERC working group that is charged with multi-regional modeling.