Working Capital Loan Agreements definition

Working Capital Loan Agreements means the Working Capital Credit Agreements and all guarantees, security agreements, pledge agreements, other agreements, documents and instruments at any time executed and/or delivered by Borrower or any Obligor or any other person with, to or in favor of Working Capital Lender in connection therewith or related thereto, as all of the foregoing now exist or may hereafter be amended, modified, supplemented, extended, renewed or restated in accordance with the terms of this Agreement. All terms defined in the Uniform Commercial Code as in effect in the State of New York, unless otherwise defined herein shall have the meanings set forth therein. All references to any term in the plural shall include the singular and all references to any term in the singular shall include the plural.
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Working Capital Loan Agreements means the Working Capital Credit Agreement and all agreements, documents and instruments at any time executed and/or delivered by Borrowers or any Obligor or any other Person with, to or in favor of Working Capital Agent or any Working Capital Lender in connection therewith or related thereto, as all of the foregoing now exist or may hereafter be amended, modified, supplemented, extended, renewed or restated.
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Working Capital Loan Agreements shall have the meaning ascribed to such term in the Intercreditor Agreement.
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Examples of Working Capital Loan Agreements in a sentence

  • To define whether when the option is exercised, other than through transfer thereof to the Bank, settlement is to be made in kind by delivering shares or by settling differences and regulating any mechanisms necessary or appropriate to implement such exercise, including the procedure for determination of the applicable market price.

  • The proceeds of each Term Loan may be used by the Borrowers only to purchase Senior Subordinated Notes and/or for working capital and general corporate purposes, and shall be disbursed by the Lender to LRG; provided, however, that $2,000,000 of the proceeds of the Term Loan shall be used to repay the Revolving Loans (as such term is defined in the Working Capital Loan Agreements) in accordance with the terms of the Working Capital Loan Agreements.

  • In 2012, the JV entered into a series of Working Capital Loan Agreements, guaranteed by a related party, with a bank in China totaling $20,823.

  • Such interest and late charges, together with the delinquent amounts, shall constitute a lien held by the Association as provided in Article X, Section 6.

  • Notwithstanding any prohibition set forth in Section 2.20 of the Intercreditor Agreement with respect to amendments to the Working Capital Loan Agreements, Term Loan Agent, by its signature below, consents to the increase in the principal amount of the Term Loans (as such term is defined in the Working Capital Loan and Security Agreement, after giving effect to Amendment No.4) and the modification of the due dates of principal payments in respect thereof, in each case, as set forth in Amendment No.4.

  • Around early 2016, the Corporate Debtor started defaulting in its re-payment obligations under various Working Capital Loan Agreements read with various sanction letters issued from time to time.

  • Notwithstanding any prohibition set forth in Section 2.20 of the Intercreditor Agreement with respect to amendments to the Working Capital Loan Agreements, Term Loan Agent, by its signature below, consents to the increase in the principal amount of the LRG Term Loan (as such term is defined in the Working Capital Loan and Security Agreement, after giving effect to Amendment No.8) and the modification of the due dates of principal payments in respect thereof, as set forth in Amendment No.8.

  • As per the Working Capital Loan documents submitted by the Appellant along with the rate of interest, the computation of IoWC has been specified by the Appellant in its response dated 11.01.2020, it is settled principle of law by this Tribunal and referred in the preceding paragraphs that the loan managed from internal accruals cannot be considered efficiency gains and therefore, the IoWC has to be considered as per the Working Capital Loan Agreements.

  • In 2012, the Joint Venture entered into a series of Working Capital Loan Agreements, guaranteed by a related party, with a bank in China totaling $20,823.

  • To substantiate its claim, the Appellant submitted the Working Capital Loan Agreements dated 05.05.2017 and 07.12.2017 executed with ATL and HDFC Bank respectively for the respective financial years.


More Definitions of Working Capital Loan Agreements

Working Capital Loan Agreements means, collectively, the following: (a) the Amended and Restated Loan and Security Agreement, dated December 18, 2003, by and among Congress, as Agent, The CIT Group/Commercial Financing, Inc., as Co-Agent, the lenders from time to time party thereto, and Borrowers, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, including any agreements with respect to Refinancing Indebtedness; and (b) the agreements, documents and instruments at any time executed and/or delivered by any Borrower in connection therewith or related thereto.
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Related to Working Capital Loan Agreements

  • 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.

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

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

  • 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 means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

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

  • Working Capital Assets means the current assets of the Company as of the Effective Time (including all Cash and Cash Equivalents), determined in accordance with Accounting Principles but excluding any Tax assets.

  • 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.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

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

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

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Net Working Capital means current assets minus current liabilities.

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

  • Closing Net Working Capital means Net Working Capital as of the Adjustment Calculation Time.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

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

  • Bridge Loan Agreement means the 364-day Bridge Loan Agreement dated as of April 3, 2012, as amended, restated, supplemented or otherwise modified, among the Company, the lenders party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent.

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

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

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

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).