Revolving Working Capital Facility definition

Revolving Working Capital Facility set forth in Section 10B of the Outstanding 1996 Agreement are hereby deleted and "$20,000,000" shall be substituted therefor.

Revolving Working Capital Facility means the $65,000,000 revolving credit facility of the Company provided for in the Credit Agreement for working capital and other general partnership purposes not to exceed $65,000,000 aggregate principal amount at any time outstanding."

Revolving Working Capital Facility means the

Examples of Revolving Working Capital Facility in a sentence

• Revolving Working Capital Facility Agreement dated 5 June 2012 with Bank Muscat SAOG for purpose of availing short term loans upto Omani Rial 8.459 million.

• There is a risk that we do not access this borrowing in a timely way, leading to a shortage of cash Mitigation: The Trust has agreed a Revolving Working Capital Facility with the DoH.

• The Trust accessed the agreed term loan of £35.6m in November 2015; this was used to partially repay drawings against the Interim Revolving Working Capital Facility (IRWCF).

• The Group’s Revolving Working Capital Facility limit increased by $40 million with no changes to the Term Debt structures however a repayment has been made since 30 June 2012 which has reduced the balance.

• The Financial Controller attended the meeting for this item, providing a summary of the circumstances leading up to the submission of a DoH loan application for £21.9m Revolving Working Capital Facility on 30 March 2015 using the Emergency Powers provided to the Chief Executive and the Chairman, in consultation with at least 2 Non-Executive Directors, under the Trust’s Standing Orders (as outlined in paper F).

More Definitions of Revolving Working Capital Facility

Revolving Working Capital Facility means the agreement of the Banks to make Revolving Credit Loans to the Borrower under Article II of this Agreement, and pursuant to the terms and conditions hereof, from the Closing Date until June 30, 1999, or such later date as the Banks may extend the Revolving Working Capital Facility by an extension in writing, unless earlier terminated pursuant to the terms hereof.

Revolving Working Capital Facility means the $15,000,000 revolving credit facility of the Company provided for in the Credit Agreement for working capital and other general partnership purposes not to exceed

Revolving Working Capital Facility and "Specified Entities" contained therein and inserting in lieu thereof the following definitions in the appropriate alphabetical positions:

Revolving Working Capital Facility set forth in Section I-P above and (v) the payment of the Amendment Fee described in (c) above, which shall become effective on the date on which the conditions described in (a), (b) and (without duplication) (c) are satisfied) shall become effective or be given full force and effect until the consummation of the acquisition by the Master Partnership of substantially all of the assets of La Grange and its subsidiaries and the other transactions contemplated in connection therewith, all in accordance with the terms and conditions of the Contribution Agreement dated as of November 6, 2003 (as amended or modified, the "La Grange Closing").

Revolving Working Capital Facility means the line of credit described in Section 2.2 of this Agreement.

Revolving Working Capital Facility has the meaning ascribed to it in SECTION 2.1. hereof.

Revolving Working Capital Facility means the proposed $15,000,000 revolving credit facility of the Company provided for in the Credit Agreement for working capital and other general partnership purposes not to exceed $15,000,000 aggregate principal amount at any time outstanding.