Working Capital Agreement definition
Examples of Working Capital Agreement in a sentence
If so revised, DEALER agrees to enter into the revised Minimum Net Working Capital Agreement and to meet the new standard within a reasonable period of time as established by DISTRIBUTOR.
Therefore, DEALER agrees to establish and maintain actual net working capital in an amount not less than the minimum net working capital specified in a separate Minimum Net Working Capital Agreement executed by DEALER and DISTRIBUTOR concurrently with this Agreement.
WORKING CAPITAL FACILITY means the Working Capital Agreement to be entered into by Lucent, as borrower, and Chemical Bank, as Agent, and the Lending Banks named therein, to fund the working capital requirements of Lucent following the date hereof.
This Security Agreement, the Credit Agreement, the Working Capital Agreement, the Purchase Price Note, the Secured Note and the Working Capital Note executed in connection herewith, are intended by the parties as a final expression of their agreement and are intended as a complete and exclusive statement of the terms and conditions thereof.
The Dealer's net working capital shall not be less than the amounts specified in the Net Working Capital Agreement executed by the Dealer and the Company, as a part of and simultaneously with this agreement, as modified or superseded from time to time.