Working Capital Facility Letter definition

Working Capital Facility Letter of Credit” (as defined in the Existing Credit Agreement) set forth on Schedule 3.1(b).
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Working Capital Facility Letter means the working capital facility letter between each of the Parent, Holdings and the Company and Lloyds TSB Bank plc dated on or around the Restatement Date or any other facility letter entered into from time to time between members of the Group and the Working Capital Lender setting out the terms on which working capital facilities are available to the Group.
Sample 1
Working Capital Facility Letter means the working capital facility letter between each of the Parent, Holdings and the Company and Lloyds TSB Bank plc dated on or
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Examples of Working Capital Facility Letter in a sentence

  • Each Multicurrency Working Capital Facility Letter of Credit is to be denominated only in United States Dollars or Canadian Dollars (as the applicable Borrower shall notify the applicable Agent and the applicable Issuing Lender in accordance with Section 3.3(a)).

  • This blended learning approach encouraged an active engagement with the central course material on both sides.

  • Each Borrower acknowledges and agrees that, for the avoidance of doubt, each Letter of Credit designated as Acquisition Facility Letter of Credit shall be entirely an Acquisition Facility Letter of Credit and no portion thereof will be a Working Capital Facility Letter of Credit.

  • The Working Capital Facility Letter was allowed to lapse in June 2012.

  • U.K. Credit FacilityIn connection with the Schuh acquisition, Schuh entered into an amended and restated Senior Term Facilities Agreement and Working Capital Facility Letter, (collectively, the “UK Credit Facilities”) which provide for term loans of up to £29.5 million (a £15.5 million A term loan and £14.0 million B term loan) and a working capital facility of £5.0 million.

  • PageID #: <pageID>aware that EHI had never consulted for an ACO before and that they would not have entered into the Agreement with EHI if it had disclosed that it had never consulted for, or assisted in the formations of, an ACO.


More Definitions of Working Capital Facility Letter

Working Capital Facility Letter of Credit, a Multicurrency Working Capital Facility Loan. “Relevant L/C Participant”: with respect to an Acquisition Facility Letter of Credit, an Acquisition Facility L/C Participant, with respect to a Dollar Working Capital Facility Letter of Credit, a Dollar Working Capital Facility L/C Participant and with respect to a Multicurrency Working Capital Facility Letter of Credit, a Multicurrency Working Capital Facility L/C Participant. “Relevant Letter of Credit”: with respect to an Acquisition Facility Issuing Lender, an Acquisition Facility Letter of Credit, with respect to a Dollar Working Capital Facility Issuing Lender, a Dollar Working Capital Facility Letter of Credit and with respect to a Multicurrency Working Capital Facility Issuing Lender, a Multicurrency Working Capital Facility Letter of Credit. “Relevant Swing Line Lenders”: with respect to the Dollar Working Capital Facility, the Dollar Working Capital Facility Swing Line Lenders and with respect to the Multicurrency Working Capital Facility, the Multicurrency Working Capital Facility Swing Line Lenders. “Relevant Working Capital Facility Issuing Lenders”: with respect to the Dollar Working Capital Facility, the Dollar Working Capital Facility Issuing Lenders and with respect to the Multicurrency Working Capital Facility, the Multicurrency Working Capital Facility Issuing Lenders. “Renewal Notice Date”: as defined in Section 3.4(c). “Replacement Facility”: as defined in Section 4.21(a). “Replacement Facility Amendment”: as defined in Section 4.21(c). “Replacement Facility Closing Date”: as defined in Section 4.21(c). “Replacement Facility Lender”: as defined in Section 4.21(c). “Reportable Event”: any of the events set forth in Section 4043(c) of ERISA, other than those events as to which the thirty (30) day notice period is waived under PBGC Reg. § 4043. “Representatives”: as defined in Section 11.16. “Requested Increase Amount”: as defined in Section 4.1(b)(i). “Requested Increase Effective Date”: as defined in Section 4.1(b)(i). “Required Lenders”: at any time, Lenders, the Credit Exposure Percentages of which aggregate more than 50%; provided, that the Credit Exposure of any Defaulting Lender shall be excluded from the calculation of Credit Exposure Percentages in determining the Required Lenders. “Requirement of Law”: as to any Person, any Law or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of it...
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Working Capital Facility Letter means the 2001 Working Capital Facility Letter or the Original Working Capital Facility Letter, as the context requires (as amended from time to time);
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Related to Working Capital Facility Letter

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

  • 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.

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

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

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

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

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

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

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

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

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • 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.

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

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

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

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

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

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

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

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

  • 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.

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • 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.

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).