Working Capital Line. The Borrower shall use its best efforts to maintain a revolving credit facility or similar arrangement to the extent it deems necessary based on its cash position and cash flows to fund the foreseeable capital expenditure and working capital requirements of its Restricted Subsidiaries.
Working Capital Line. Subject to the terms of this Indenture, the Company shall use its best efforts to maintain a revolving credit facility or similar arrangement, with the Company and PCI Chemicals Canada Company as the borrowers thereunder, as provided for in the effective Plan of Reorganization, to the extent it deems necessary based on its cash position and cash flows needed to fund the foreseeable capital expenditure and working capital requirements of the Company and PCI Chemicals Canada Company and their respective Subsidiaries, taken as a whole.
Working Capital Line. Couch hereby agrees to loan amounts to Newco, from time to time, during the first four (4) months immediately following the Closing Date, not to exceed $200,000 in the aggregate, upon request by Prime, to cover any actual deficit in working capital that Newco may experience. The parties agree that amounts borrowed will not accrue interest but must be repaid by Newco prior to Newco's distribution of any of its earnings to Prime.
Working Capital Line. Subject to the terms of this Indenture, the Company shall use its best efforts to maintain a revolving credit facility or similar arrangement with the Company and Pioneer Americas as the borrowers thereunder, as provided for in the effective Plan of Reorganization, to the extent it deems necessary based on its cash position and cash flows needed to fund the foreseeable capital expenditure and working capital requirements of the Company, Pioneer Americas and their respective Subsidiaries, taken as a whole. ARTICLE ELEVEN
Working Capital Line. The Parties hereby agree that, in deviation from Section 17.6 of the SPA, Purchasers shall procure (stehen dafür ein) that the Group Companies will be provided with a working capital line (Betriebsmittelkreditlinie) in the amount set out in Section 17.6 of the SPA available as from no later than 30 June 2024 until at least 31 December 2025.
Working Capital Line. The Borrower may repay all or any portion -------------------- of the principal balance of the Working Capital Line from time to time until the termination of the Working Capital Line (as to which, see Article 12, below).
Working Capital Line. Except as otherwise provided below, all -------------------- loans and advances made to the Borrower under the Working Capital Line shall bear interest, until repaid, at the Borrower's option (to be exercised as provided below) (the "Interest Rate Option") of either:
Working Capital Line. Subject to and upon the terms and conditions herein set forth, including (without limitation) the definitions contained in Section 12, at any time or from time to time on or before the termination of this Agreement, subject to the limitations contained in Section 1.1.B, the Bank shall extend a working capital credit facility (the "Working Capital Line") for short-term loans (referred to as "Loans") and Letters of Credit.
Working Capital Line. Landlord shall provide a working capital line to Tenant in an amount of up to $125,000 ("Working Capital Line"), the proceeds of which shall be used by Tenant for working capital and capital improvements on the Property, and prior to Landlord disbursing any such proceeds, Tenant shall rquest an advance under the Working Capital Line with at least 5 business days notice and Tenant shall provide documentation to Landlord satisfactory to Landlord supporting such request for advance. Payments on the Working Capital Line by Tenant shall be capitalized and become Rent payable under the Lease.
Working Capital Line. Existing Gaming Assets Owner shall make available to Tenant a revolving line of credit in the principal amount of the Working Capital Line Note Amount to be used by Tenant solely as working capital for the Gaming Operations and for no other purpose (the “Working Capital Line”). The Working Capital Line shall be evidenced by a revolving lien of credit agreement and promissory note in the form of Exhibit “C” hereto (the “Working Capital Note”), and will accrue interest at a rate of one and twenty-five hundredths percent (1.25%) per month, compounded annually, from the date of disbursement until repayment, and will be payable in accordance with Section 4.2. Tenant shall provide Landlord with a written draw request for sums to be advanced under the Working Capital Line not less than ten (10) business days prior to the date requested for such advance (or, if proceeds from a draw are needed by Tenant within less than ten (10) business days in order to stay current on obligations of the Gaming Operations, Tenant may request a shorter period of time for funding, but in no event less than two (2) business days). Advances under the Working Capital Line shall be funded by wire transfer to Tenant’s designated account.
