Working Capital Credit Lines definition

Working Capital Credit Lines means short-term credit facilities (including commercial paper facilities and facilities providing for the issuance of letters of credit or similar instruments but excluding the facilities established by this Agreement and the 364-Day Credit Agreement) extended to the Borrowers and Subsidiaries for working capital purposes.
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Working Capital Credit Lines means the working capital credit lines provided by SSK and HSBC to HGD in accordance with section 2 (5) hereof.
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Working Capital Credit Lines means the operating loan facilities provided by the Toronto Dominion Bank, Calgary, Alberta and the overdraft facility provided by Barclays Bank PLC, Birmingham, England.
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Examples of Working Capital Credit Lines in a sentence

  • Working Capital Credit Lines Working capital in foreign currency.

  • Working Capital Credit Lines Working capital in foreign currency .


More Definitions of Working Capital Credit Lines

Working Capital Credit Lines means uncommitted short-term ---------------------------- unsecured credit facilities (including, without limitation, commercial paper facilities) extended to the Company for working capital purposes.
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Related to Working Capital Credit Lines

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

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • 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.

  • Working Capital Advance has the meaning specified in Section 2.01(c).

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

  • Net Working Capital means current assets minus current liabilities.

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

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • Target Working Capital means $0.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Working Capital Escrow Amount means $1,000,000.

  • Capital Commitment means, for any Borrower, the capital commitment of its Investors in the amount set forth in the applicable Subscription Agreements; “Capital Commitments” means all such Capital Commitments, collectively.

  • Consolidated Working Capital means, as at any date of determination, the excess of Consolidated Current Assets over Consolidated Current Liabilities.

  • 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.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Working Capital Assets means the current assets of the Company as of the Effective Time (including all Cash and Cash Equivalents), determined in accordance with Accounting Principles but excluding any Tax assets.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Working Capital Target means $0.

  • Final Working Capital has the meaning set forth in Section 2.04(b).

  • Target Working Capital Amount means $162,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.