Acquisition Facility Working Capital Loan definition

Acquisition Facility Working Capital Loan each Acquisition Facility Loan that is an Acquisition Facility Working Capital Extension of Credit.
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Acquisition Facility Working Capital Loan each Acquisition Facility Loan that is an Acquisition Facility Working Capital Extension of Credit. “Acquisition Facility Working Capital Sub-Limit”: an amount at the time of the incurrence of any Acquisition Facility Working Capital Extension of Credit equal to (a) at any time when an Acquisition Facility Working Capital Availability Time is in effect, the lesser of (i) the Borrowing Base Availability and (ii) the Available Acquisition Facility Commitment, and (b) at any time other than when an Acquisition Facility Working Capital Availability Time is in effect, $0. “Additional Borrower”: as defined in Section 11.19. “Additional Borrower Collateral Risk Review”: as defined in Section 11.19. “Adjusted Term SOFR”: for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor. “Adjusted Total Dollar Working Capital Facility Uncommitted Tranche Portion”: as of any date, the sum of the Total Dollar Working Capital Facility Uncommitted Tranche Portion
Sample 1
Acquisition Facility Working Capital Loan each Acquisition Facility Loan that is an Acquisition Facility Working Capital Extension of Credit. “Acquisition Facility Working Capital Sub-Limit”: an amount at the time of the incurrence of any Acquisition Facility Working Capital Extension of Credit equal to (a) at any time when an Acquisition Facility Working Capital Availability Time is in effect, the lesser of (i) the Borrowing Base Availability and (ii) the Available Acquisition Facility Commitment, and (b) at any time other than when an Acquisition Facility Working Capital Availability Time is in effect, $0. “Additional Borrower”: as defined in Section 11.19. “Additional Borrower Collateral Risk Review”: as defined in Section 11.19. “Administrative Agent”: as defined in the introductory paragraph of this Agreement. “Affiliate”: as to any Person, any other Person (other than a Subsidiary) which, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” of a Person (including, with its correlative meanings, “controlled by” and “under common control with”) means the power, directly or indirectly, either to (a) vote 25% or more of the securities having ordinary voting power for the election of directors (or, if such Person is not a corporation, similar governing Persons) of such Person or (b) direct or cause the direction of the management and policies of such Person, whether by contract or otherwise. “Agent-Related Person”: as defined in Section 10.3. “Agents”: the Administrative Agent, the Canadian Agent and the Co-Collateral Agents, and “Agent” means each of them, as the context requires. “Aggregate Borrowing Base Amount”: on any date, an amount equal to the sum of the U.S. Borrowing Base and the Kildair Borrowing Base. “Aggregate Eligible In the Money Forward Contract Amount”: the aggregate of all Eligible In the Money Forward Contract Amounts with respect to all Forward Contract Counterparties. “Agreement”: this Amended and Restated Credit Agreement. “Allowed Reserve”: with respect to any Fiscal Year, an amount equal to the transportation and hedged storage gains or losses arising under contracts in place that the Borrowers and the other Loan Parties have elected to defer for use in calculations hereunder, which shall be reflected in the Borrowers’ and the other Loan Parties’ Reconciliation Summary. “Amalgamation”: the amalgamation of Kildair with AcquireCo, with the post- amalgamation entity to be Kildair ...
Sample 1

More Definitions of Acquisition Facility Working Capital Loan

Acquisition Facility Working Capital Loan each Acquisition Facility Loan that is an Acquisition Facility Working Capital Extension of Credit. “Acquisition Facility Working Capital Sub-Limit”: an amount at the time of the incurrence of any Acquisition Facility Working Capital Extension of Credit equal to (a) at any time when an Acquisition Facility Working Capital Availability Time is in effect, the lesser of (i) the Borrowing Base Availability and (ii) the Available Acquisition Facility Commitment, and (b) at any time other than when an Acquisition Facility Working Capital Availability Time is in effect, $0. “Additional Borrower”: as defined in Section 11.19. “Additional Borrower Collateral Risk Review”: as defined in Section 11.19. “Adjusted Total Dollar Working Capital Facility Uncommitted Tranche Portion”: as of any date, the sum of the Total Dollar Working Capital Facility Uncommitted Tranche USActive 56005294.156005294.9 -5-
Sample 1

Related to Acquisition Facility Working Capital Loan

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.

  • Working Capital Lender means any Lender that has a Working Capital Commitment.

  • Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.

  • Permitted Acquisition Indebtedness means Indebtedness or Disqualified Stock of the Company or any of its Restricted Subsidiaries to the extent such Indebtedness or Disqualified Stock was Indebtedness or Disqualified Stock of any other Person existing at the time (a) such Person became a Restricted Subsidiary of the Company or (b) such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, provided that on the date such Person became a Restricted Subsidiary or the date such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, as applicable, either

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Target Working Capital Amount means $162,000,000.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Base Working Capital means $25,000,000.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Target Net Working Capital Amount means $0.

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).