Working Capital Maturity Date definition

Working Capital Maturity Date shall not extend the Working Capital Commitment of any Working Capital Lender not consenting to the amended definition; or
Working Capital Maturity Date means (i) the date that occurs twelve (12) months after the Conversion Date, or (ii) to the extent that some or all of the Working Capital Lenders decide to extend or renew the Working Capital Loan Commitment, such date as shall be determined by such Working Capital Lenders.
Working Capital Maturity Date means the earlier of: (a) the close of business on December 31, 1997, as such date may be extended from time to time in writing by the Lender, in its sole discretion, on which date the Working Capital Commitment shall expire of its own term, and without the necessity of action by the Lender, and (b) the date the obligation of the Lender to make further Working Capital Advances hereunder is terminated pursuant to Section 8.2 below.

Examples of Working Capital Maturity Date in a sentence

  • The Borrowers unconditionally and irrevocably promise to pay in full to the Administrative Agent, for the ratable account of each Working Capital Lender, the aggregate outstanding principal amount of the Working Capital Loans on the Working Capital Maturity Date.

  • Loans under both the Project Tranche and the Working Capital Tranche shall be available until the Working Capital Maturity Date, at which time the Working Capital Commitment (defined in Section 1.1(b) below) shall be terminated and the full amount of the Facility (subject to Section 1.4 hereof) shall thereafter be considered the Project Tranche and available only for Project Tranche purposes, as described in Section 1.5(a).

  • On the Working Capital Maturity Date (or any acceleration thereof) the entire remaining unpaid principal balance of all Loans made under the Working Capital Tranche, together with all accrued and unpaid interest and all charges thereon, shall be due and payable in full.

  • Subject to the limitations set forth in Sections 3.1 and 3.2, the Working Capital Facility Commitment shall expire on the Working Capital Maturity Date (or such earlier date on which the Loans shall become due and payable hereunder pursuant to Article VII or otherwise) and all amounts owing by Genesis OLP thereunder shall be paid in full at such time.

  • On the Working Capital Maturity Date, Borrower shall repay to Working Capital Lenders in full the aggregate Outstanding Amount of all Working Capital Loans.


More Definitions of Working Capital Maturity Date

Working Capital Maturity Date means the earliest of: (a) March 30, 2016 or if applicable, any extension thereof pursuant to Section 2.16; (b) the date of the termination of the Aggregate Working Capital Commitments pursuant to Section 2.06; and (c) the date of the termination of the Aggregate Working Capital Commitments and of the obligation of L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02.
Working Capital Maturity Date means April 30, 1997.
Working Capital Maturity Date means November [ ], 2002.
Working Capital Maturity Date means the fifth anniversary of the Closing Date.
Working Capital Maturity Date means the date that is the earlier of the date seven (7) years after the Closing Date and the date five (5) years after the Conversion Date.
Working Capital Maturity Date has the meaning set forth in Section 1B. SCHEDULE 1 TO EXHIBIT A SPECIFIC PERMITTED INDEBTEDNESS (List or indicate "None") SCHEDULE 2 TO EXHIBIT A SPECIFIC PERMITTED LIENS (List or indicate "None") FIRST AMENDMENT TO LOAN AGREEMENT THIS FIRST AMENDMENT TO LOAN AGREEMENT ("First Amendment") is made and entered into as of April 13, 1998, by and among SALON INTERNET, INC., a California corporation ("Borrower"), and IMPERIAL BANK ("Bank").
Working Capital Maturity Date means 30 September 2004.