Working Capital Financing. The Debtor Company may incur in new working capital financing, which may be a revolving financing (the “Working Capital Financing”), between the minimum amount of 15,000,000,000 Pesos and for a maximum amount of 60,000,000,000 Pesos, as principal, which may be granted by Creditors or third parties. The Working Capital Financing may be secured by means of first lien priority pledge without conveyance on the shares directly or indirectly owned by Enjoy and issued by Inmobiliaria Rinconada S.A., Inmobiliaria Proyecto Integral Antofagasta S.A. and/or San Antonio Hoteles II, pledge over the cash flows from the sale of shares of Casino Gran Los Angeles S.A., Casino
Working Capital Financing. On or prior to the Effective Date, the Agent shall have received evidence that the transactions contemplated by the Working Capital Loan Agreement shall have been consummated.
Working Capital Financing. 35 5.17 Actions by the Parties............................................ 35
Working Capital Financing. Lucent agrees, at the request of the Company, to provide prior to the Closing Date up to $30,000,000 in working capital financing to the Company for a term of one year on commercially reasonable terms and conditions consistent with past practice and reasonably acceptable to Lucent and the Company.
Working Capital Financing. The Parent shall for any reason cease to provide working capital financing for the Borrower in a maximum principal amount of at least $50,000,000.00.
Working Capital Financing. Manager shall obtain working capital financing options to be reviewed by the Company, and Manager may provide working capital financing to the Company at cost including interest and related fees paid by Manager and subject to a loan agreement containing a maximum disbursement amount and other covenants, terms and conditions to be mutually agreed upon.
Working Capital Financing. Sellers have projected the 90-day working capital of the Business for the 90-day period immediately following the Closing Date to be $500,000 (the "Working Capital Amount"). No later than 5 days prior to the Closing Date, Sellers shall deliver to Purchaser a statement (the "Working Capital Statement"), which shall detail the specific allocations for each item of working capital. Sellers agree that the amount of cash in the bank accounts being transferred to Purchaser on the Closing Date pursuant to the terms hereof will include an amount equal to at least the Working Capital Amount.
Working Capital Financing. During the First Stage, the Debtor Company may incur (directly or through NewCo 2 or other companies approved by the Creditors' Committee) new financing intended to finance working capital , which may consist of a revolving credit facility (the “Working Capital Financing"), which may be granted by Creditors or third parties. Working Capital Financing will be obtained in stages, so that as a Renegotiation Condition, an initial Working Capital Financing will be obtained for at least fifteen billion Pesos and up to , which will include the financing intended to pay the Preferential Financing, as indicated in letter A. above (the "Initial Financing"). Only once the following conditions are met, a Working Capital Financing will be obtained for the remaining amount (the "Remaining Working Capital Conditions"):
1. That the Renegotiation Conditions have been fulfilled; and
2. The New International Notes have been issued and the International Notes have been exchanged for them. Without prejudice to other uses, if its amount is higher, the Initial Financing must be used to pay the Preferential Financing.
Working Capital Financing. The Debtor Company may incur in new working capital financing, which may be a revolving financing (the “Working Capital Financing”), between the minimum amount of 15,000,000,000 Pesos and for a maximum amount of 60,000,000,000 Pesos, as principal, which may be granted by Creditors or third parties. The Working Capital Financing may be secured by means of first lien priority pledge without conveyance on the shares directly or indirectly owned by Enjoy and issued by Inmobiliaria Rinconada S.A., Inmobiliaria Proyecto Integral Antofagasta S.A. and/or San Antonio Hoteles II, pledge over the cash flows from the sale of shares of Casino Gran Los Angeles S.A., Casino Rinconada S.A., Casino de Juegos del Xxxxxxxx X.X., Casino La Bahía S.A., Casino del Mar S.A. and Casino del Lago S.A., , as well as pledges on the cash flows from the sale of the real estate assets owned by the companies Inmobiliaria Rinconada S.A., Inmobiliaria Proyecto Integral Antofagasta S.A. or of any other company that is part of the Business Group and that is free of liens as of this date. No authorization from the Creditors shall be required for the granting these collateral. The Working Capital Financing shall be paid with cash excess above the minimum amount required to finance the operation of the Business Group. Working Capital Financing will be prepaid in the cases and on the terms set forth in Section X of this Agreement.
Working Capital Financing. PAIVIS agrees to provide to A4 $1,000,000 (“Working Capital Financing”) in financing for the purposes of working and growth capital.. The delivery and use of proceeds is detailed in Exhibit B. Such capital shall not include any financing maintained by AAAA which is pre-existing the date of this Agreement or has may be extended prior to the date of closing.
