Common use of Working Capital Loans Clause in Contracts

Working Capital Loans. Subject to the terms and conditions set forth herein, each Working Capital Bank severally agrees to make loans (each such loan, a “Working Capital Loan”) to the Co-Borrowers from time to time, on any Business Day during the Working Capital Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Working Capital Bank’s Working Capital Commitment; provided, however, that after giving effect to any Borrowing:

Appears in 2 contracts

Samples: Credit Agreement (Spark Energy, Inc.), Credit Agreement (Spark Energy, Inc.)

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Working Capital Loans. Subject to the terms and conditions set forth herein, each Working Capital Bank severally agrees to make loans (each such loan, a “Working Capital Loan”) to the Co-Borrowers from time to time, on any Business Day during the Working Capital Availability Period, the proceeds of which shall be used solely for a purpose set forth in Section 7.07(a), in an aggregate principal amount outstanding not to exceed at any time outstanding to exceed the amount of such Working Capital Bank’s Working Capital CommitmentAdvance Cap; provided, however, that after giving effect to any Borrowing:

Appears in 1 contract

Samples: Credit Agreement (Via Renewables, Inc.)

Working Capital Loans. Subject to the terms and conditions set forth herein, each Working Capital Bank severally agrees to make loans (each such loan, a “Working Capital Loan”) to the Co-Borrowers from time to time, on any Business Day during the Working Capital Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Working Capital Bank’s Working Capital Commitment; provided, however, that after giving effect to any Borrowing:

Appears in 1 contract

Samples: Credit Agreement (Spark Energy, Inc.)

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Working Capital Loans. Subject to the terms and conditions set forth herein, each Working Capital Bank severally agrees to make loans (each such loan, a “Working Capital Loan”) to the Co-Borrowers from time to time, on any Business Day during the Working Capital Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Working Capital Bank’s Working Capital CommitmentAdvance Cap; provided, however, that after giving effect to any Borrowing:

Appears in 1 contract

Samples: Credit Agreement (Spark Energy, Inc.)

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