Working Capital Facility Agent definition

Working Capital Facility Agent means Bank of America, N.A., in its capacity as agent for the lenders under the Working Capital Facility Credit Agreement, and its successors thereto.
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Working Capital Facility Agent means The Bank of Nova Scotia, not in its individual capacity, but solely as administrative agent for the Working Capital Lenders hereunder, and each other Person that may, from time to time, be appointed as successor Working Capital Facility Agent in accordance with Section 10.07 (Resignation or Removal of Working Capital Facility Agent).
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Working Capital Facility Agent or "Senior LC Facility Administrative Agent" means The Bank of Nova Scotia, not in its individual capacity, but solely as agent for the Working Capital Lenders under the Working Capital Facility Agreement.
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Examples of Working Capital Facility Agent in a sentence

  • The Working Capital Facility Agent shall be fully justified in taking, refusing to take or continuing to take any action hereunder unless it shall first be indemnified to its satisfaction by the Working Capital Lenders against any and all liability and expense which may be incurred by it by reason of taking, refusing to take or continuing to take any such action.

  • The Working Capital Facility Agent may be removed at any time (i) by the Required Working Capital Lenders for such Person’s gross negligence, fraud or willful misconduct or (ii) by the Borrower, with the consent of the Required Working Capital Lenders, for such Person’s gross negligence, fraud or willful misconduct.

  • Upon receipt of any such notice the Working Capital Facility Agent shall promptly notify each relevant Working Capital Lender thereof.

  • The Borrower shall pay to the Working Capital Facility Agent for the benefit of the applicable Working Capital Lender the amount due and payable and set forth on any such certificate within thirty (30) days after receipt thereof.

  • The Working Capital Facility Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties.

  • The Working Capital Facility Agent shall not be bound by any waiver, amendment, supplement or modification of this Agreement or any other Finance Document that affects its rights or duties hereunder or thereunder unless such Working Capital Facility Agent shall have given its prior written consent, in its capacity as Working Capital Facility Agent thereto.

  • Funds received after 12:00 noon, New York City time, shall be deemed to have been received by the Working Capital Facility Agent on the next succeeding Business Day.

  • The Working Capital Facility Agent may perform any and all of its duties and exercise any and all its rights and powers hereunder or under any other Finance Document by or through any one or more sub-agents appointed by the Working Capital Facility Agent.

  • This Agreement shall become effective when it has been executed by the Working Capital Facility Agent and when the Working Capital Facility Agent has received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto.

  • A notice of the Working Capital Facility Agent to any Working Capital Lender or Issuing Bank with respect to any amount owing under this Section 4.14 (Borrowings and Payments Generally) shall be conclusive, absent manifest error.


More Definitions of Working Capital Facility Agent

Working Capital Facility Agent means the person from time to time appointed as the agent of the lenders under the Working Capital Facility.
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Working Capital Facility Agent means such successor agent effective upon such appointment and approval, and the former Working Capital Facility Agent's rights, powers and duties as Working Capital Facility Agent shall be terminated, without any other or further act or deed on the part of such former Working Capital Facility Agent or any of the parties to this Agreement or any holders of the Loans. If no successor agent has accepted appointment as Working Capital Facility Agent as the case may be, by the date that is 10 days following a retiring Working Capital Facility Agent's notice of resignation, the retiring Working Capital Facility Agent's resignation shall nevertheless thereupon become effective, and the Lenders that are commercial banks shall assume and perform all of the duties of the retiring Working Capital Facility Agent hereunder until such time, if any, as the General Administrative Agent appoints a successor agent as provided for above. After any retiring Agent's resignation as Agent, the provisions of this Section 11 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement and the other Loan Documents.
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Working Capital Facility Agent means the agent appointed under the Working Capital Facility, its successors and assigns, in its capacity as administrative agent under the Working Capital Facility.
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Working Capital Facility Agent means (i) the Initial Working Capital Facility Agent and (ii) any subsequent Working Capital Facility Agent (x) designated in writing to the Collateral Agent (with a copy to the Trustee and the Company specifying the name of such agent and its address) as the “Working Capital Facility Agent” by Working Capital Facility Lenders holding a majority in principal amount of Loans made and face amount of all Letters of Credit issued under the Working Capital Facility Agreement and (y) that has executed a joinder agreement to this Agreement (which need only be signed by such Working Capital Facility Agent) agreeing to be bound by the terms and provisions of this Agreement and accepting the obligations of the Working Capital Facility Agent in such capacity hereunder. Such Person shall succeed to and become vested with all the rights, powers, privileges and duties of the predecessor Working Capital Facility Agent, and the predecessor Working Capital Facility Agent shall be discharged from its duties and obligations hereunder.
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Working Capital Facility Agent means the person from time to time appointed as the agent of the lenders under the Working Capital Facility, at the Restatement Amendment Effective Date being X.X. Xxxxxx Europe Limited.
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Related to Working Capital Facility Agent

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

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

  • 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 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.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

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

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

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

  • Exit Facility Agent means the agent under the Exit Facility.

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

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

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

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

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

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

  • New Credit Facility is defined in Section 9.8.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • 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.

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • 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.