Working Capital Limit definition

Working Capital Limit means the aggregate limits, including those by way of purchase/discount of bills sanctioned by one or more banks/FIs for meeting the working capital requirements.
Working Capital Limit. Means the aggregate limits, including thoseby way of purchase/discount of bills sanctioned by one or more Scheduled Bank/AIFI for meeting the working capital requirements;In addition to the terms defined in this Clause, certain other terms are defined elsewhere in this Agreement and whenever such terms are used in this Agreement they shall have their respective defined meanings, unless the context expressly or by necessary implication otherwise requires. Words and expressions used but not defined herein and defined in the Reserve Bank of India Act, 1934 (2 of 1934) shall have the same meaning as assigned to them in that Act. Page17
Working Capital Limit means the aggregate fund-based limits including those by way of purchase/discount of bills sanctioned by one or more financial institutions to a company for meeting its working capital requirements, and also includes any working capital term finance limits.

Examples of Working Capital Limit in a sentence

  • It is obvious that all the statutory Terms & Conditions for sanction of Working Capital Limit by Bank, if applied; shall have to be fulfilled by the Private Partner.

  • In a control experiment, FBS alone (+Chol with no apoE added) did not increase APP traf-************ ****ficking to lipid clusters (Fig.

  • Present fee payable for stock / receivable verification is as under: Working Capital Limit (FB and NFB) The to and fro travelling expenses by train (AC) / air, whichever is lower shall be provided to the Chartered Accountant in addition to the above mentioned fees.

  • The Interest on Working Capital Limit has been considered @ 13% per annum presuming that the Private Partner might avail the Working Capital Limit from Bank.

  • The same is proposed to be invested in a manner that the CGSMFPCFL would invest for the entire Capital Expenditure amounting to Rs. 484.90 Lac and the Private Partner proposed to be selected would arrange the entire Working Capital computed at Rs. 89.32 Lac either through Own Source or through eligible Working Capital Limit from Bank.

  • In respect of penal interest amounting to` 60.32 Lacs on Working Capital Limit by State Bank of Mysore.

  • The general term of repayment for loans is a minimum of six months and a maximum of five years (fifteen years for a loan to purchase a principal residence).

  • Thus, might not be able to be reflected through their commitment cost bid cap or any mitigated incremental energy offers.Stakeholders have communicated to the ISO that sometimes gas cannot be procured because they might not be able to find a seller.

  • In October, 2008, an additional Working Capital Limit (stated to be against Stocks and Book Debts) was granted to the aforesaid company by the Bank of India for Rs.5 crores.

  • All existing & proposed bank facilities have been reviewed and rated by India Ratings and Research Private Limited (India Rating) vide its letter dated 29th July 2019 and rated “IND BBB-/Negative” for Fund Based Working Capital Limit and “A3” for Non-fund based Working Capital Limit.


More Definitions of Working Capital Limit

Working Capital Limit means (x) $100,000,000 plus (y) if a Continuance Notice has been provided, the value (on the basis used for valuing such Inventory in Closing Net Assets) of the lesser of (A) the amount of XxXxx Silk in the Inventory constituting Acquired Assets on the Closing Date in excess of the Estimated XxXxx Silk Amount and (B) the Additional XxXxx Silk Amount. "Non-Current Asset Cap" means $577,900,000 less, if transfer of the Hydroelectric Facility does not occur at Closing as contemplated by Section 2.03, the Hydroelectric Base Amount. In all instances, the Accounting Principles shall be used to calculate Closing Net Assets and Working Capital, whether or not in accordance with the historical accounting practices of Seller. To the extent the Accounting Principles permit alternate treatments of any item comprising Net Assets or Working Capital, the particular treatment required by the Agreed Principles shall be used and if no particular treatment is required by the Agreed Principles, the particular treatment used in the preparation of the Balance Sheet (as defined in Section 3.04) shall be used in the preparation of the Statement.
Working Capital Limit means, with respect to each Period, an amount equal to 35% of the Net Sales of the Business for such Period.
Working Capital Limit means the aggregate fund-based limits including those by way of purchase/discount of bills sanctioned by one or more financial institutions to a company for meeting its working capital requirements. And also includes working capital term finance limits. All other words and expressions used but not defined in these guidelines shall have the same meanings as are assigned to them in the Banking Companies Ordinance, 1962.
Working Capital Limit means (x) $100,000,000 plus (y) --------------------- if a Continuance Notice has been provided, the value (on the basis used for valuing such Inventory in Closing Net Assets) of the lesser of (A) the amount of XxXxx Silk in the Inventory constituting Acquired Assets on the Closing Date in excess of the Estimated XxXxx Silk Amount and (B) the Additional XxXxx Silk Amount. "Non-Current Asset Cap" means $577,900,000 less, if transfer of the --------------------- Hydroelectric Facility does not occur at Closing as contemplated by Section 2.03, the Hydroelectric Base Amount. In all instances, the Accounting Principles shall be used to calculate Closing Net Assets and Working Capital, whether or not in accordance with the historical accounting practices of Seller. To the extent the Accounting Principles permit alternate treatments of any item comprising Net Assets or Working Capital, the particular treatment required by the Agreed Principles shall be used and if no particular treatment is required by the Agreed Principles, the particular treatment used in the preparation of the Balance Sheet (as defined in Section 3.04) shall be used in the preparation of the Statement.
Working Capital Limit means $7,000,000.

Related to Working Capital Limit

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

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Target Net Working Capital means $36,500,000.

  • Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.

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