Working Capital Facility Agreement definition

Working Capital Facility Agreement means any agreement entered into between a Group Company and a bank pursuant to which a Working Capital Facility is provided by such bank.

Working Capital Facility Agreement means any agreement entered into between the Borrower and a Working Capital Lender for provision of a Working Capital Facility.

Working Capital Facility Agreement means the agreement to provide working capital to the Borrower dated 11 April 2003 and originally entered into between the Borrower, the Security Trustee and the Working Capital Facility Provider (as may be or may have been amended, restated, varied and/or supplemented from time to time and as amended and restated most recently on the Closing Date) or any replacement working capital facility agreement entered into by the Borrower with the consent of the Security Trustee;

Examples of Working Capital Facility Agreement in a sentence

• Except as expressly provided for herein, the terms and conditions of the Common Terms Agreement and the Working Capital Facility Agreement shall continue unchanged and shall remain in full force and effect.

• If the Borrower incurs any Working Capital Debt pursuant to Section 2.4 (Working Capital Debt), it shall use commercially reasonable efforts to ensure that the maturity date of such Working Capital Debt (but excluding for purposes thereof, any LC Loans (as defined in the Working Capital Facility Agreement) issued thereunder with maturity dates of 365 days or less) shall not occur prior to the Final Maturity Date.

• The Borrower and its Restricted Subsidiaries shall apply the proceeds of the Loans for (i) the refinancing of the Existing Working Capital Facility Agreement, (ii) fees and expenses related to this Agreement (iii) gas purchase obligations of the Borrower and/or its Subsidiaries and (iv) the general corporate purposes of the Borrower and/or its Subsidiaries, included but not limited to payment of Operation and Maintenance Expenses.

• To the extent that any provision of this Agreement shall be inconsistent with any provision of the Indenture, the Notes, the Indenture Security Documents, the Working Capital Facility Agreement or the Working Capital Facility Security Documents, the provision of this Agreement shall be controlling.

• The Lender and the Borrower entered into a Working Capital Facility Agreement dated 15 May 2020 (Agreement) as varied on 14 January 2021, 1 February 2022, 22 March 2022 and 7 July 2022.

More Definitions of Working Capital Facility Agreement

Working Capital Facility Agreement means the Senior Letter of Credit and Reimbursement Agreement, dated as of April 21, 2014, by and among the Borrower, the Working Capital Facility Agent, the Common Security Trustee, The Bank of Nova Scotia as senior issuing bank and the Working Capital LC Lenders party thereto from time to time.has the meaning set forth in the Recitals to this Agreement.

Working Capital Facility Agreement shall have the meaning assigned to such term in the recitals to this Agreement.

Working Capital Facility Agreement means the Initial Working Capital Facility Agreement including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or Refinanced from time to time so as to provide for an aggregate principal amount of borrowings and/or face amount of letters of credit of up to $65,000,000 (such amendment, restatement, modification, renewal, refunding, replacement or refinancing, a “Working Capital Facility Refinancing”), regardless of whether such Working Capital Facility Refinancing is with the same financial institutions or otherwise. Notwithstanding anything to the contrary herein or in the Indenture, nothing herein or therein shall be deemed to prohibit or otherwise restrict the ability of the Company to effect a Working Capital Facility Refinancing in an amount greater than the Indebtedness so amended, restated, modified, renewed, refunded, replaced or Refinanced, provided that only such portion of the aggregate principal amount of borrowings and/or face amount of Letters of Credit incurred under such Working Capital Facility Refinancing that does not exceed $65,000,000 at any one time outstanding shall be deemed to be Indebtedness incurred under the Working Capital Facility Agreement.

Working Capital Facility Agreement means the working capital facility agreement executed on or about the Issue Date between the Issuer, Morgan Stanley Dean Witter Principal Funding, Inc., the Working Capital Facility Provider and the ReoCo, as from time to time modified in accordance with the provisions therein contained and including any agreement or other document expressed to be supplemental thereto.

Working Capital Facility Agreement means the facility agreement the details of which are provided in Sr. No. 3 of the Schedule II.

Working Capital Facility Agreement means the working capital facility agreement dated on or about the date of the Amendment and Restatement Agreement between REACH, Telstra and PCCW.

Working Capital Facility Agreement means (i) that certain Revolving Credit Agreement, dated as of July 8, 2005, among the Borrower, the lenders from time to time parties thereto, Citibank, N.A., as administrative agent, Bank of America, N.A., as syndication agent, JPMorgan Chase Bank, N.A., The Royal Bank of Scotland, plc and SunTrust Bank, as co-documentation agents, and Bank of America, N.A., as issuing bank of the letters of credit thereunder or (ii) any agreement or instrument in respect of the principal working capital credit facility of the Borrower, the terms of which do not provide for any scheduled repayment, mandatory prepayment or repayment, mandatory redemption or sinking fund obligation prior to the date that is ninety days following the Maturity Date, other than customary offers to purchase or prepay upon a change of control and customary acceleration rights after an event of default (in the case of clause (i) and (ii), as the same may be amended, restated, replaced and supplemented from time to time in accordance therewith and this Agreement).