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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.
Sample 1
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.
Sample 1
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.
Sample 1

Examples of Working Capital Loan Agreements in a sentence

  • Each of the Term Loan Agent and the Pioneer Lender hereby acknowledges that Working Capital Lender has been granted Liens upon the Working Capital Collateral pursuant to the Working Capital Loan Agreements to secure the Working Capital Debt.

  • 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.

  • In July 2014, the JV repaid and re-borrowed the loans under 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.

  • 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.

  • 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.

  • 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.

  • 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.


More Definitions of Working Capital Loan Agreements

Working Capital Loan Agreements shall have the meaning ascribed to such term in the Intercreditor Agreement.
Sample 1

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 provided in Section 2.04(a) (Working Capital Loan Availability).

  • 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 Commitment means, with respect to any Working Capital Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "Working Capital Commitment" or, if such Lender has entered into one or more Assignments and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as such Lender's "Working Capital Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Working Capital means, on any date, Current Assets less Current Liabilities.

  • 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 has the meaning as set forth in the Recitals of this Agreement.

  • 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, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Final Closing Working Capital has the meaning set forth in Section 2.4(e).

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

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

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Bridge Loan Agreement shall have the meaning set forth in the recitals.

  • Working Capital Reserve means a cash reserve held in the Operating Account that is readily available to Manager during the Term to finance the services, repairs and maintenance described in Section 5.2 including Minor Capital Expenditures and Major Capital Expenditures, insurance premiums for the Property described in Section 9.1, and utilities for the Property, in such amounts as determined by the Owner in its sole discretion.

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

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

  • Original Loan Documents means the "Loan Documents" as defined in the Original Credit Agreement.

Most Referenced Clauses

Most Referenced Definitions