Dollar Working Capital Facility definition

Dollar Working Capital Facility the Dollar Working Capital Facility Commitments and the extensions of credit thereunder.
Sample 1Sample 2Sample 3
Dollar Working Capital Facility the Dollar Working Capital Facility Committed Tranche and/or the Dollar Working Capital Facility Uncommitted Tranche, as the context requires. “Dollar Working Capital Facility Commitment”: at any date, as to any Dollar Working Capital Facility Committed Tranche Lender, the obligation of such Dollar Working Capital Facility Committed Tranche Lender to make Dollar Working Capital Facility Committed Tranche Loans to the Borrowers pursuant to Section 2.1(a) and to participate in Dollar Committed Tranche Swing Line Loans and Dollar Working Capital Facility Committed Tranche Letters of Credit in an aggregate principal and/or face amount at any one time outstanding not to exceed the amount set forth opposite such Dollar Working Capital Facility Committed Tranche Lender’s name on Schedule 1.0 under the caption “Dollar Working Capital Facility Commitment” or, as the case may be, in the Assignment and Acceptance pursuant to which such Dollar Working Capital Facility Committed Tranche Lender becomes a party hereto, as such amount may be changed from time to time in accordance with the terms of this Agreement. As of the SecondThird Amendment Effective Date, the original aggregate amount of the Dollar Working Capital Facility Commitments is $535,900,000.00535,000,000.00. “Dollar Working Capital Facility Commitment Percentage”: as to any Dollar Working Capital Facility Committed Tranche Lender at any time, the percentage which such Dollar Working Capital Facility Committed Tranche Lender’s Dollar Working Capital Facility Commitment then constitutes of the aggregate Dollar Working Capital Facility Commitments of all Dollar Working Capital Facility Committed Tranche Lenders at such time (or, at any time after the Dollar Working Capital Facility Commitments shall have expired or terminated, such Dollar Working Capital Facility Committed Tranche Lenders’ Dollar Working Capital Facility Committed Tranche Credit Exposure Percentage). “Dollar Working Capital Facility Commitment Period”: the period from and including the Restatement Effective Date to but not including the Dollar Working Capital Facility Commitment Termination Date or such earlier date on which all of the Dollar Working Capital Facility Commitments shall terminate as provided herein. “Dollar Working Capital Facility Commitment Termination Date”: May 19September 2, 20232024, or, if such date is not a Business Day, the next preceding Business Day. “Dollar Working Capital Facility Committed Tranche”: the Dollar Wor...
Sample 1
Dollar Working Capital Facility. Uncommitted Tranche Letters of Credit”), for the account of the applicable Borrower requesting the applicable Dollar Working Capital Facility Uncommitted Tranche Letter of Credit, for use by the U.S. Borrower, the Canadian Borrower or any other Loan Party from time to time during the Dollar Working Capital Facility Uncommitted Tranche Period; provided that, after giving effect to any Working Capital Facility Letter of Credit requested by any Borrower: (i) each of the conditions set forth in Section 6.2 shall be satisfied or waived; and (ii) Section 3.4 shall not be contravened by any Loan Party at any time. Each Borrower acknowledges and agrees that, for the avoidance of doubt, (i) (A) each Letter of Credit designated as a Dollar Working Capital Facility Committed Tranche Letter of Credit shall be entirely a Dollar Working Capital Facility Committed Tranche Letter of Credit and no portion thereof will be a Dollar Working Capital Facility Uncommitted Tranche Letter of Credit, an Acquisition Facility Letter of Credit or a Multicurrency Working Capital Facility Letter of Credit and (B) each Letter of Credit designated as a Dollar Working Capital Facility Uncommitted Tranche Letter of Credit shall be entirely a Dollar Working Capital Facility Uncommitted Tranche Letter of Credit and no portion thereof will be a Dollar Working Capital Facility Committed Tranche Letter of Credit, an Acquisition Facility Letter of Credit or a Multicurrency Working Capital Facility Letter of Credit and (ii) each Letter of Credit designated as a Multicurrency Working Capital Facility Letter of Credit shall be entirely a Multicurrency Working Capital Facility Letter of Credit and no portion thereof will be an Acquisition Facility Letter of Credit, a Dollar Working Capital Facility Committed Tranche Letter of Credit or a Dollar Working Capital Facility Uncommitted Tranche Letter of Credit. NO DOLLAR WORKING CAPITAL FACILITY UNCOMMITTED TRANCHE ISSUING LENDER OR OTHER DOLLAR WORKING CAPITAL FACILITY UNCOMMITTED TRANCHE LENDER SHALL HAVE ANY COMMITMENT OR OBLIGATION TO ISSUE OR PARTICIPATE, AS APPLICABLE, IN ANY DOLLAR WORKING CAPITAL FACILITY UNCOMMITTED TRANCHE LETTER OF CREDIT OR ANY INCREASES OR EXTENSIONS OF MATURITY OF ANY SUCH LETTER OF CREDIT UNLESS AND UNTIL SUCH DOLLAR WORKING CAPITAL FACILITY UNCOMMITTED TRANCHE ISSUING LENDER OR DOLLAR WORKING CAPITAL FACILITY UNCOMMITTED TRANCHE LENDER AFFIRMATIVELY COMMITS OR IS DEEMED TO HAVE COMMITTED UNDER SECTION 3.3(e), SECTION 3.6(a...
Sample 1

Examples of Dollar Working Capital Facility in a sentence

  • Facility Assigned Aggregate Amount of Commitment/Loans/ Obligations for all Lenders Amount of Commitment/Loans/ Obligations Assigned Percentage Assigned of Commitment/Loans/ Obligations2 Dollar Working Capital Facility Commitment $ $ % Multicurrency Working Capital Facility Commitment $ $ % Acquisition Facility Commitment $ $ % 1 Select as applicable.

  • During the Dollar Working Capital Facility Commitment Period, the Borrowers may use the Dollar Swing Line Loan Sub-Limit by borrowing, repaying and reborrowing, all in accordance with the terms and conditions hereof.

  • Dollar Working Capital Facility Loans may be denominated only in United States Dollars and may from time to time be (i) Eurocurrency Loans, (ii) Base Rate Loans or (iii) a combination thereof, in each case, as the applicable Borrower shall notify the Administrative Agent in accordance with Sections 2.5 and 4.3. No Dollar Working Capital Facility Loan shall be made as a Eurocurrency Loan after the day that is one (1) month prior to the Termination Date.

  • On the Restatement Effective Date, upon the satisfaction of the conditions specified in Section 6.1, (a) each of the Existing Xxxxxxx Letters of Credit shall automatically be deemed to be Dollar Working Capital Facility Letters of Credit outstanding under this Agreement and (b) each of the Existing Kildair Letters of Credit shall automatically be deemed to be Multicurrency Working Capital Facility Letters of Credit outstanding under this Agreement.

  • The matter shall then proceed to arbitration with all due expedition.

  • The proceeds of such Dollar Working Capital Facility Loans or Multicurrency Working Capital Facility Loans, as applicable, shall be immediately applied to repay the Refunded Swing Line Loans.

  • The holder of this Note is authorized to record on the schedules attached hereto and made a part hereof, the date, Type and amount of each Dollar Working Capital Facility Loan made by the Dollar Working Capital Facility Lender pursuant to Section 2.1 of the Credit Agreement, each Conversion of all or a portion thereof to another Type pursuant to Section 4.3 of the Credit Agreement and the date and amount of each payment or prepayment of principal thereof.

  • Effective upon the Increase Effective Date, the [Dollar Working Capital Facility] [Multicurrency Working Capital Facility] [Acquisition Facility] Commitment for each Increasing Lender and each New Lender shall be as set forth on Schedule 1.01.

  • Each such recordation shall constitute prima facie evidence of the accuracy of the information so recorded; provided that, failure of the Dollar Working Capital Facility Lender to make any such recordation (or any error in such recordation) shall not affect the obligations of any Borrower under this Note or under the Credit Agreement.


More Definitions of Dollar Working Capital Facility

Dollar Working Capital Facility the Dollar Working Capital Facility Committed Tranche and/or the Dollar Working Capital Facility Uncommitted Tranche, as the context requires.
Sample 1
Dollar Working Capital Facility. Uncommitted Tranche Letters of Credit”), for the account of the applicable Borrower requesting the applicable Dollar Working Capital Facility Uncommitted Tranche Letter of Credit, for use by the U.S. Borrower, the Canadian Borrower or any other Loan Party from time to time during the Dollar Working Capital Facility Uncommitted Tranche Period; provided that, after giving effect to any Working Capital Facility Letter of Credit requested by any Borrower:
Sample 1
Dollar Working Capital Facility. Uncommitted Tranche Portion” or, as the case may be, USActive 56005294.156005294.9 -48-
Sample 1
Dollar Working Capital Facility. Uncommitted Tranche Portion” or, as the case may be, in the Assignment and Acceptance pursuant to which such Dollar Working Capital Facility Uncommitted Tranche Lender becomes a party hereto, as such amount may be changed from time to time in accordance with the terms of this Agreement. The Dollar Working Capital Facility Uncommitted Tranche Portion of any Declining Lender shall be deemed to be zero (0) from and after the date such Dollar Working Capital Facility Uncommitted Tranche Lender becomes a Declining Lender, except that such Declining Lender’s Dollar Working Capital Facility Uncommitted Tranche Portion shall not be reduced to zero (0) for the limited purpose of an assignment by such Declining Lender to an assignee of such Declining Lender’s Dollar Working Capital Facility Uncommitted Tranche Portion pursuant to the terms of Section 4.17. USActive 56005294.956005294.16- 50-
Sample 1

Related to Dollar Working Capital Facility

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

  • 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.

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

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

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

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

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

  • 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.

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

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

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

  • 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.

  • Target Net Working Capital Amount means $0.

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

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).

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

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.