Maximum Working Capital Loan Amount definition

Maximum Working Capital Loan Amount means the lesser of (i) One Million Five Hundred Thousand Dollars ($1,500,000.00) or (ii) the amount remaining when Forty-Five Million Dollars ($45,000,00000) is reduced by the principal amount then outstanding under each of the Receivables Loan and the Construction Loan.
Maximum Working Capital Loan Amount means $30,000,000.
Maximum Working Capital Loan Amount the amount identified in the Schedule as the Maximum Working Capital Loan Amount.

Examples of Maximum Working Capital Loan Amount in a sentence

  • At no time shall the unpaid principal balance of the Working Capital Loan exceed the Maximum Working Capital Loan Amount.

  • Section six compares the results obtained in Bangladesh with results from the United States and Saudi Arabia.4.2. Respondent Information This section provides general information about the respondents in terms of the major industry types, contract type, project type, organization type, years of experience, and position held.


More Definitions of Maximum Working Capital Loan Amount

Maximum Working Capital Loan Amount means the sum of $1,700,000.00.

Related to Maximum Working Capital Loan Amount

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

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

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

  • 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.

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

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

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Target Net Working Capital Amount means $0.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

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

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Net Working Capital means current assets minus current liabilities.

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

  • 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.

  • 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).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Net Working Capital Target means $0.00.