Examples of Super Senior Working Capital Facility in a sentence

The minimum EBITDA covenant in Clause 13.15 (b) of the bond terms for the Second Lien Bonds shall be deleted (aligning the financial covenants with Clause 13.15 of the Bond Terms for the Bonds).The maturity of the Second Super Senior Working Capital Facility shall be extended to 30 June 2021.
Completion of the Proposal is conditioned upon a) approval of the Proposal by Written Resolution for the Bonds and First Lien Bonds, b) that the Second Super Senior Working Facility is increased by EUR 3 million and maturity is extended to 31 December 2021 or later and c) the maturity of the First Super Senior Working Capital Facility is extended to 31 December 2021 or later.

More Definitions of Super Senior Working Capital Facility

Super Senior Working Capital Facility means the super senior working capital and guarantee facility provided to the Issuer by one or several bank lenders, and any refinancing or replacements thereof. Any cash drawn under the working capital facility shall not exceed EUR 15,000,000. The guarantee facility may include any performance or advance payment guarantees in respect of the ordinary course of business of the Issuer and/or Guarantors.

Super Senior Working Capital Facility means (i) the Original Super Senior Working Capital Facility and (ii) any other working capital facility or similar agreement incurred pursuant to the Section titled "Super Senior Working Capital Facility" or any other working capital facility agreement or similar agreement providing financing for general corporate purposes (including investments)

Related to Super Senior Working Capital Facility

Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
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.
Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).
Working Capital Loan has the meaning specified in Section 2.1(c).
Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.
Base Working Capital means $25,000,000.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Working Capital Target means $0.
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.
Target Working Capital means $0.
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Working Capital Advance has the meaning specified in Section 2.01(a).
Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).
Target Working Capital Amount means $75,000,000.
Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).
Total Facility has the meaning specified in Section 1.1.
Working Capital Units shall have the meaning given in the Recitals hereto.
Working Capital Lender means any Lender that has a Working Capital Commitment.
Incremental Facilities has the meaning assigned to such term in Section 2.22(a).
Final Working Capital has the meaning set forth in Section 2.04(b).
Target Net Working Capital Amount means $5,000,000.
Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

Super Senior Working Capital Facility definition

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