Working Capital Credit Facilities definition

Working Capital Credit Facilities mean, collectively, (a) the Five-Year Working Capital Credit Agreement, and (b) that certain Term Loan Credit Agreement dated as of June 23, 2008 by and among the Borrower, Wachovia Bank, National Association, as administrative agent, and the lenders party thereto.
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Working Capital Credit Facilities shall have the meaning provided for such term in Section 3.5 below.
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Working Capital Credit Facilities means all committed credit facilities, the proceeds of which are used solely to provide working capital to MPIC.
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Examples of Working Capital Credit Facilities in a sentence

  • All references in the Loan Agreement and all the Loan Documents to the term "Working Capital Credit Facility A" and the term "Working Capital Credit Facility B" and the term "Working Capital Credit Facilities" shall be deemed references to the Consolidated Working Capital Credit Facility.

  • Vide letter dated 09.08.2016, SBT sanctioned renewal of Working Capital Credit Facilities.

  • Vide letter dated 15.01.2016, SBBJ sanctioned the renewal of its credit limits under the Working Capital Credit Facilities limits up to INR 191.98 Crores.

  • Also, vide letter dated 04.12.2013, SBP approved the renewal of the existing Working Capital Credit Facilities.

  • Vide sanction Letter dated 05.12.2015 SBH approved Renewal of Working Capital Credit Facilities for one year with effect from 27.10.2015.

  • Nobel agrees that any additional capital raised as a result of a Capital Raising Event will be applied as Nobel elects to (i) repay the outstanding principal balance and accrued interest thereon of the Acquisition Credit Facility, (ii) repay the outstanding principal balance and accrued interest thereon of the Working Capital Credit Facilities, and (iii) for general corporate purposes.

  • The foregoing is only a summary of the litigation and the proposed Settlement and does not purport to be comprehensive.

  • Borrowers agree to use advances under the (a) Working Capital Credit Facilities for general corporate purposes, (b) Acquisition Credit Facility to fund Permitted Acquisitions and (c) Term Loan to term out a portion of the existing revolving credit facility extended under the Prior Loan Agreement.

  • Borrowers will pay interest on the principal balance of the Working Capital Credit Facilities monthly, on the first day of each calendar month commencing the first day of the first calendar month following the date hereof and on the last day of each Rate Period, as applicable.

  • Term Loan and Working Capital Credit Facilities with Financial Institutions Periama Holdings, LLCOn February 19, 2013, JSW Steel Holding (USA) Inc.


More Definitions of Working Capital Credit Facilities

Working Capital Credit Facilities mean, collectively, (a) the Five-Year Credit Agreement dated as of November 16, 2007, by and among the Borrower, Bank of America, N.A., as administrative agent, and the lenders party thereto, (b) the 364-Day Credit Agreement dated as of November 16, 2007, by and among the Borrower, Bank of America, N.A., as administrative agent, and the lenders party thereto, and (c) any revolving credit or comparable credit agreement dated on or after the Closing Date by and among the Target and any financial institutions thereto.
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Working Capital Credit Facilities mean, collectively, (a) the 364-Day Bridge Credit Agreement, (b) the 364-Day Working Capital Credit Agreement and (c) the Five-Year Credit Agreement.
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Related to Working Capital Credit Facilities

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such 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 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.

  • Additional Credit Facilities means any credit facilities added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • New Credit Facility is defined in Section 9.8.

  • Credit Facilities means, one or more debt facilities (including, without limitation, the Credit Agreement) or commercial paper facilities, in each case, with banks or other institutional lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit, in each case, as amended, restated, modified, renewed, refunded, replaced (whether upon or after termination or otherwise) or refinanced (including by means of sales of debt securities to institutional investors) in whole or in part from time to time.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • 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.

  • 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 Lender means any Lender that has a Working Capital Commitment.

  • Principal Credit Facility means any loan agreement, credit agreement, note purchase agreement, indenture or similar document under which credit facilities in the aggregate original principal or commitment amount of at least $20,000,000 are provided for.

  • Working Capital Loan has the meaning provided in Section 2.04(a) (Working Capital Loan Availability).

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Senior Credit Facilities means the Credit Facility under the Credit Agreement, dated as of March 29, 2007, by and among the Issuer, the Guarantors, the lenders party thereto in their capacities as lenders thereunder and Deutsche Bank AG New York Branch, as administrative agent, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof).

  • Existing Credit Facilities means (a) the 364-Day Credit Agreement dated as of February 28, 2012 among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, (b) the Three Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, and (c) the Five Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent.

  • ABL Credit Facility means, collectively, the senior secured revolving credit facility, swing loans, and letters of credit provided for by the ABL Credit Agreement.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Credit Facility Indebtedness means any and all amounts, whether outstanding on the Issue Date or thereafter Incurred, payable under or in respect of any Credit Facility, including without limitation principal, premium (if any), interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Company or any Restricted Subsidiary whether or not a claim for post-filing interest is allowed in such proceedings), fees, charges, expenses, reimbursement obligations, guarantees, other monetary obligations of any nature and all other amounts payable thereunder or in respect thereof.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of March 25, 2010, among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Base Working Capital means $25,000,000.

  • Working Capital means, on any date, Current Assets less Current Liabilities.