Working Capital Loans definition

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 Loans means any loan made to the SPAC by any of the Sponsor, an Affiliate of Sponsor, or any of the SPAC’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with the operation of the SPAC in the Ordinary Course of Business.
Working Capital Loans means any loan made to SPAC by any of the Sponsor, an Affiliate of the Sponsor, or any of SPAC’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

Examples of Working Capital Loans in a sentence

  • As of the date hereof, there are no amounts outstanding under any Working Capital Loans.

  • NURSING HOME COST REPORT SCHEDULE 29 SCHEDULE 30: Working Capital Loans A.

  • The objective of this assistance measure, provided under the Disaster Recovery Funding Arrangements, is to support communities to recover after an eligible disaster.The Essential Working Capital Loans Scheme provides concessional loans to primary producers who have suffered a significant loss of income as a result of an eligible disaster.Loans are provided for continuing the normal operations of the primary production enterprise.

  • Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans.

  • In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans but no proceeds held in the Trust Account would be used to repay the Working Capital Loans.


More Definitions of Working Capital Loans

Working Capital Loans shall have the meaning set forth in Section 2.01(a).
Working Capital Loans means Revolving Loans made pursuant to Section 2.01.02.
Working Capital Loans has the meaning set forth in Section 3.01.
Working Capital Loans means any Revolving Loans that are not Revolving L/C Loans.
Working Capital Loans means certain loans that may be made by the Sponsor or an affiliate of the Sponsor, or certain of CCNB1’s officers and directors in connection with the financing of a business combination.
Working Capital Loans means any loan made to Purchaser by any of the Purchaser Sponsor, any affiliate, officer, manager or member of the Purchaser Sponsor, or Purchaser’s officers or directors, and evidenced by a promissory note, in each for the purpose of financing the ordinary course working capital of the Purchaser or costs incurred as reasonably necessary to facilitate the consummation of the Transactions.
Working Capital Loans means funds that the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may, but are not obligated to, loan the Company as may be required in order to finance transaction costs in connection with the business combination.