Additional Working Capital definition

Additional Working Capital has the meaning ascribed to such term in Section 4.05.
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Additional Working Capital is defined in Section 3.3(f).
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Additional Working Capital has the meaning ascribed to such term in Section 4.05. “Adverse Regulatory Event” has the meaning ascribed to such term in Section 11.27.
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Examples of Additional Working Capital in a sentence

  • If Owner does not advance such Additional Working Capital, Manager shall have the right, without any obligation and in its sole discretion, to fund Additional Working Capital within ten (10) Business Days after such initial ten (10) day period.

  • All Additional Working Capital shall be utilized by Manager on behalf of Tenant for the purposes of this Agreement pursuant to cash-management policies established for the System; provided, however, that so long as any of the Hotels are subject to the Pooling Agreement, the Working Capital for such Hotels will be pooled with working capital provided under the Other Management Agreements and may be used to fund working capital needs for all Portfolio Properties.

  • Richter shall execute a guaranty of the Company's obligations under the Note, the Other Notes, the Restructured Debt and the Additional Working Capital Debt (collectively the "Secured Obligations"), which guaranty will be with recourse only to a pledge of 2,000,000 shares of the Company's Common Stock held by Mr. Richter and to be pledged by Mr. Richter to secure the aforementioned guaranty.

  • Any other terms of and documentation entered into in respect of any Additional Working Capital Commitments made or any Additional Floorplan Commitments provided in each case pursuant to this Section 2.14 (collectively, the “Additional Commitment Documentation”) shall be consistent with the Working Capital Commitments and Floorplan Commitments (including with respect to voluntary and mandatory prepayments).

  • If the Board determines, via Special Approval, that a Call Notice should be issued for such Additional Working Capital, the General Manager shall issue a Call Notice to the Members requesting Additional Contributions in an amount equal to the Additional Working Capital.

  • Amend Section 2.3 of the Note to read as follows: The Company will grant to the holders of the Note, the Other Notes, the Restructured Debt, if any, and the Additional Working Capital Debt, if any, the security interest described in Schedule II attached hereto.

  • If neither party elects to fund Additional Working Capital, Manager may elect, by notice to Owner given within thirty (30) days thereafter, to terminate this Agreement, which termination shall be effective thirty (30) days after the date such notice is given.

  • Any Additional Working Capital Commitments or Additional Floorplan Loans, as applicable, made or provided pursuant to this Section 2.14 shall be evidenced by one or more entries in the Register maintained by Administrative Agent in accordance with the provisions set forth in Section 10.06(c).

  • Notwithstanding any other provision of any Loan Document, the Loan Documents may be amended by Administrative Agent and the Loan Parties, if necessary, to provide for terms applicable to each Additional Working Capital Commitment or Additional Floorplan Commitments, as the case may be.

  • If any applicable Owner does not advance such Additional Working Capital, Manager shall have the right, without any obligation and in its sole discretion, to fund such Additional Working Capital within ten (10) Business Days after such initial ten (10) day period.


More Definitions of Additional Working Capital

Additional Working Capital has the meaning set out in Section 7.1(b);
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Additional Working Capital shall refer to cash received by Lilium (or non-cash value received by Lilium if specified below and subject to receipt of approval or ratification if applicable) from third parties (i.e., parties that are not Affiliates (as defined below) of Lilium, the Investor or any of the Investor’s Affiliates, unless otherwise specified below) after the Closing Date from time to time, in one or more transactions, whether or not related, from any combination of the following (without duplication):
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Additional Working Capital as set forth in Section 3.5 hereof.
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Additional Working Capital as defined in Paragraph 2.5(a).
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Related to Additional Working Capital

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

  • Final Working Capital has the meaning set forth in Section 2.04(b).

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

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

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

  • Net Working Capital means current assets minus current liabilities.

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

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

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • Closing Net Working Capital means Net Working Capital as of the Adjustment Calculation Time.

  • Target Working Capital means $0.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

  • 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.

  • Target Net Working Capital means $0.

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

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

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

  • Working Capital Assets means the current assets of the Company as of the Effective Time (including all Cash and Cash Equivalents), determined in accordance with Accounting Principles but excluding any Tax assets.

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

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

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

  • Target Net Working Capital Amount means $0.