Working Capital Facilities definition

Working Capital Facilities means the working capital facilities described in paragraph

Working Capital Facilities means any alternative financing arrangements entered into by the Issuer for general corporate purposes in an aggregate amount not exceeding DKK 15,000,000 (or its equivalent in any other currency or currencies).

Working Capital Facilities means credit facilities in respect of working capital provided by a Lender or any of its Affiliates to a Loan Party or any Subsidiary existing on the Second Amendment Effective Date and identified as such in Schedule 1.01(c) hereto.

Examples of Working Capital Facilities in a sentence

• The Bank and Finance Charges comprise of interest on various term loans, Working Capital Facilities, Bank Guarantee Charges and L/C Charges as well as financial impact of foreign currency transactions & translation.

• The Issuer shall procure that during each calendar year, except for the calendar year of 2015, there shall be a period of three (3) consecutive days during which the amount outstanding under the overdraft facility and any other cash loan element of the Working Capital Facilities, less Cash and Cash Equivalent Investments of the Group, amounts to zero (0) or less.

• Net Proceeds from a Subsequent Bond Issue shall be used to finance general corporate purposes, including acquisitions, investments and repayment of any outstanding amount under the Working Capital Facilities.

• Working Capital Facilities are further secured by pari-passu second charge on the specific immovable properties situated at Plant I - Perianaickenpalayam, Coimbatore District, Tamilnadu.Working Capital Facilities from Banks are repayable on demand and carries interest rates varying from 9.80% to 12.73% p.a.

• The proceeds of the Advances and issuances of Letters of Credit under the Working Capital Facilities shall be available (and each Borrower agrees that it shall use such proceeds and Letters of Credit) solely to pay transaction fees and expenses incurred in connection with this Agreement, redeem or repurchase certain public Existing Debt of Uniroyal Corp.

More Definitions of Working Capital Facilities

Working Capital Facilities means, collectively, the short-term working capital credit agreement or credit agreements by and among the Company, the Restricted Subsidiaries and any one or more lenders from time to time parties thereto, as the same may be amended, extended, renewed, restated, supplemented or otherwise modified from time to time.

Working Capital Facilities means, collectively, the Bank Credit Facility and one or more other facilities among the Company, as borrower thereunder, any Subsidiary Guarantor and one or more lenders pursuant to which the Company may Incur Indebtedness for working capital purposes or to finance the acquisition, holding or development of property by the Company and the Restricted Subsidiaries (including the financing of any related interest reserve), as any such facility may be amended, restated, supplemented or otherwise modified from time to time, and includes any agreement extending the maturity of, or restructuring (including, without limitation, the inclusion of additional borrowers thereunder that are Unrestricted Subsidiaries), all or any portion of the Indebtedness under such facility or any successor facilities and includes any facility with one or more lenders refinancing or replacing all or any portion of the Indebtedness under such facility or any successor facility.

Working Capital Facilities means (i) the Super Senior RCF and/or (ii) and any short term credit facility obtained for general corporate purposes of the Group.

Working Capital Facilities means the working capital facilities described in paragraph(o) of the definitions of "Permitted Debt".

Working Capital Facilities means the contemplated working capital facilities to be entered into after the Time of Purchase by the Company and its Subsidiaries incorporated in South Africa, Singapore and Mexico.

Working Capital Facilities means Senior Indebtedness of one or more of the Issuer and the Note Guarantors under one or more working capital credit facilities entered into with one or more Mexican or international financial institutions that are not Affiliates of the Issuer at any time prior to or after the date of issuance of the Notes.

Working Capital Facilities means, collectively, the Bank Credit Facility and one or more other facilities among the Company, any Subsidiary Guarantor and one or more lenders pursuant to which the Company or any Subsidiary Guarantor may Incur Indebtedness for working capital purposes or to finance the acquisition, holding or development of property by the Company and the Restricted Subsidiaries (including the financing of any related interest reserve), as any such facility may be amended, restated, supplemented or otherwise modified from time to time, and includes any agreement extending the maturity of, or restructuring (including, without limitation, the inclusion of additional borrowers thereunder that are Unrestricted Subsidiaries), all or any portion of the Indebtedness under such facility or any successor facilities and includes any facility with one or more lenders refinancing or replacing all or any portion of the Indebtedness under such facility or any successor facility.