Working Capital Commitment definition

Working Capital Commitment means, with respect to any Working Capital Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "Working Capital Commitment" or, if such Lender has entered into one or more Assignments and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as such Lender's "Working Capital Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05.

Working Capital Commitment means, as to any Lender, the obligation of such Lender to make Loans and incur Letter of Credit Liabilities in an aggregate principal amount at any one time outstanding up to but not exceeding the amount set forth opposite such Lender's name on the signature pages hereof under the caption "Working Capital Commitment" (as the same may be reduced from time to time pursuant to Section 2.03 hereof).

Working Capital Commitment means, with respect to each Lender, the commitment of such Lender to make Working Capital Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder. On the Effective Date, the aggregate amount of the Working Capital Commitments is Seventy Five Million Dollars ($75,000,000).

Examples of Working Capital Commitment in a sentence

• Pursuant to and on the terms set forth in the Plan Sponsor Agreement, the Plan Sponsor Working Capital Commitment shall be available to fund capital expenditures and working capital for Reorganized Ryckman from and after the Effective Date.

• Under the July 23, 2015 Credit Agreement,3 the total Acquisition Facility Commitment was $30 million, and the total Working Capital Commitment was $20 million from a combination of four lenders.

• Not later than 1:00 p.m. (Boston time) on the date specified for the making of each such Working Capital Line of Credit Loan, each Bank shall make available to SVB, at SVB's principal office, an amount equal to such Bank's respective Working Capital Commitment Percentage multiplied by the amount of the Working Capital Line of Credit Loan requested as set forth above.

• The Borrower will immediately prepay the outstanding principal amount of the Term Loan in the event that the Working Capital Commitment or the Working Capital Loan Documents are terminated as a result of an acceleration of the indebtedness thereunder (it being agreed that the maturity of the Working Capital Facility solely in accordance with its terms and without further action by the Working Capital Lender (e.g., upon its scheduled maturity date) shall not constitute an acceleration).

• The Working Capital Commitments --------- shall be permanently reduced ratably in an aggregate amount of $350,000,000 on the following dates in the amounts indicated: Date Amount ---- ------ December 31, 1998 $118,292,684 December 31, 1999 $231,707,316 provided, that there shall be deducted from such amount any -------- Working Capital Commitment reductions made pursuant to Section 2.05(a) or Sections 2.06(c) or (d).

More Definitions of Working Capital Commitment

Working Capital Commitment means the obligation of the Bank to make the Working Capital Loans under this Agreement in the aggregate principal amount of up to $5,000,000, as such amount may be limited or reduced pursuant to Article 2 or otherwise modified from time.

Working Capital Commitment means, with respect to any Working Capital Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "Working Capital Commitment", or, if such Lender has entered into one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Paying Agent pursuant to Section 8.07(d) as such Lender's "Working Capital Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.04.

Working Capital Commitment means a Working Capital A Commitment, a Working Capital B-1 Commitment, a Working Capital B-2 Commitment, a Working Capital B-3 Commitment or a Canadian Commitment.

Working Capital Commitment means the Bank’s Commitment to make Advances in the aggregate amount of $25,000,000 pursuant to Section 2.01(a) as reduced from time to time pursuant to Section 2.03.

Working Capital Commitment means, (i) for NationsCredit as Lender, initially $9,000,000, less any amount assigned to another Person that becomes a Lender after the date hereof (a "Subsequent Lender") and (ii) for any Subsequent Lender, the amount of Working Capital Commitment assigned to such Lender.

Working Capital Commitment means (a) as to any Lender, the obligation of such Lender to make Working Capital Loans to the Borrower hereunder in an aggregate principal amount at any time outstanding not to exceed the amount so designated opposite such Lender's name on Schedule 1.01A hereto, as the same may -------------- be reduced or modified at any time or from time to time pursuant to the terms hereof and (b) as to all Lenders, the aggregate commitment of all Lenders to make Working Capital Loans, as such amount may be increased or reduced at any time or from time to time pursuant to the terms hereof. The Working Capital Commitment of all Lenders on the Closing Date shall be Thirty Million Dollars ($30,000,000).

Working Capital Commitment means, with respect to each Bank, the obligation of such Bank to make loans to the Borrower pursuant to Section 2.01(b) in the maximum aggregate amount set forth opposite the name of such Bank under the heading "Working Capital Commitments" in Schedule A hereto, as such amount may be reduced from time to time pursuant to Section 2.07 and Section 2.08 or increased or reduced by reason of an assignment to or by such Bank in accordance with Section 9.06(c).