Examples of Working Capital Availability in a sentence

Subject to the terms and conditions sct forth herein, each Lender severally agrees to make revolving loans to the Borrower as elected by the Borrower pursuant to Section 2.02 (each such loan, a "Working Capital Loan") from time to time, on any Business Day during the Working Capital Availability Period, in an aggregate principal amount (excluding any interest that is capitalized in accordance with Section 2.06(b» not to exceed at any time outstanding such Lender's Working Capital Loan Commitment.

More Definitions of Working Capital Availability

Working Capital Availability means "Availability" as such term in defined in the Working Capital Credit Agreement.

Working Capital Availability means "Domestic Excess Availability" as such term is defined in the Working Capital Loan Agreement as such agreement is in effect on the date hereof.

Working Capital Availability has the meaning specified in Section 3.01(b).

Working Capital Availability means, on any date, an amount equal to the difference derived when the sum of the principal amount of Working Capital Advances then outstanding is subtracted from the lesser of (a) Loan Value, and (b) the Working Capital Commitments.

Working Capital Availability means, at any time, the difference between (a) $10,000,000.00 and (b) aggregate principal amount of all outstanding Working Capital Borrowings at such time. "Working Capital Borrowing" means a Borrowing used or to be used to finance the Company's operations. 1.2

Working Capital Availability. Period" in Section 1.01 of the Credit Agreement is amended to read in its entirety as follows:

Working Capital Availability shall have the meaning assigned to the term “Borrowing Availability” in the Working Capital Agreement, as in effect on the Closing Date, whether or not such agreement remains in effect.