Working Capital Advances. The Borrower shall repay to the Administrative Agent for the ratable account of the Working Capital Lenders on the Termination Date the aggregate outstanding principal amount of the Working Capital Advances then outstanding.
Working Capital Advances. The Borrowers shall repay to the Administrative Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Working Capital Advances then outstanding.
Working Capital Advances. During the initial Term, Lender shall make Working Capital Advances to Borrower subject to and in accordance with the following terms and conditions:
Working Capital Advances. In addition to the applicable terms and conditions set forth in Section 2.1 hereof, and the general conditions set forth in Part B above, each Working Capital Advance shall also be subject to Lender's receipt, review, approval and/or confirmation of the following, at Borrower's cost and expense, each in form and substance reasonably satisfactory to Lender:
Working Capital Advances. From and after the execution of this Agreement until the earlier of: (i) the Effective Time, or (ii) the termination of this Agreement, Acquiror shall provide Target with working capital as may be reasonably required by Target in the ordinary course of its business in exchange for notes payable by Target, together with interest at an annual rate of 8% and with a maturity date of June 30, 1999; provided that, any such notes shall become immediately due and payable to Acquiror in the event of a termination of this Agreement. SECTION 6.21
Working Capital Advances. At the Effective Date, Parent agrees to make certain funds available to Sub and the other members of the Sub Group for general working capital purposes in connection with the Reorganization, and thereafter until the IPO Closing Parent further agrees to make available to Sub and the members of the Sub Group such other amounts as Sub may reasonably request from time to time, which amounts shall be paid by Sub to Parent on the IPO Closing Date.
Working Capital Advances. SECTION 6.21 Update Disclosure; Breaches................................. SECTION 6.22 Target Parent's Withdrawal from Target Benefit Plans........ SECTION 6.23. Intercompany Relationships.................................. SECTION 6.24.
Working Capital Advances. Lender shall make Advances to Borrower, in accordance with Section 2.2 of this Agreement for working capital purposes and, to the extent not prohibited hereunder, other general corporate purposes, provided that the aggregate amount thereof outstanding at any one time shall not exceed (i) prior to the Facility Reduction Date, Fifty Million Dollars ($50,000,000.00), and (ii) on and after the Facility Reduction Date, Twenty Million Dollars ($20,000,000.00). Borrower shall repay each working capital advance in accordance with the terms of this Agreement and the Note.
Working Capital Advances. Secured Party, subject to the terms and conditions of this Agreement, from time to time, will make Working Capital Advances to Debtors. Debtors may, upon written request, request Secured Party to make a Working Capital Advance. The minimum Working Capital Advance shall be $100,000. An individual request for a Working Capital Advance in an amount (i) less than $20,000,000 will be honored no later than the next Business Day following receipt by Secured Party and (ii) of $20,000,000 or greater, will be honored no later than the third Business Day following receipt by Secured Party. The obligation of Secured Party to make Working Capital Advances as provided herein is subject to the fulfillment on the date such Working Capital Advance is to be made of each of the following conditions:
Working Capital Advances. The Company shall be required to make Working Capital Advances if, at any time, the Loan Proceeds, including funds available in the Collection Account or in any Liquidity Reserve Account or Litigation Reserve Account, are insufficient to pay all costs and expenses incurred by the Company. Without limiting the foregoing, to the extent not paid or reimbursed by a Borrower or Guarantor or available from Loan Proceeds or, if unavailable from either source, from the Liquidity Reserve or Litigation Reserve (to the extent applicable), the Company shall make Working Capital Advances to pay Servicing Expenses, the costs and expenses payable to the Document Custodian pursuant to the Custodial Agreement and Pre-Approved Charges. Working Capital Advances shall be unsecured, and the failure of any amount thereof to be reimbursed shall not in any way increase the Company’s Share. Working Capital Advances shall be payable only out of the assets of the Company and only as and to the extent provided in Section 3.04(a), and the Participant shall have no liability for, and no Person shall have any recourse against the Participant for, any Working Capital Advance or the repayment thereof. Working Capital Advances shall not bear interest.
