Working Capital Provider definition

Working Capital Provider means any Person providing funds for the working capital needs of the Partnership pursuant to a Working Capital Facility."
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Working Capital Provider is hereby deleted in its entirety and the following is inserted in lieu thereof:
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Working Capital Provider set forth in Appendix A to the Participation Agreement is hereby amended to read in its entirety as follows:
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Examples of Working Capital Provider in a sentence

  • AEE shall have entered into the Working Capital Facility with the Working Capital Provider.

  • With respect to any Funding Date, the Working Capital Provider may waive (in its absolute and sole discretion) its priority in Section 3.1(b)(ii) by delivering written notice thereof to the Depositary Agent four Business Days prior to such Funding Date.

  • Appendix 1 From: [WEPCo] To: [Working Capital Provider] Address:Attention: Date: Dear Sirs Working Capital Facility between [ ] and [WEPCo] dated [●] (the "Working Capital Facility") 1 We refer to the Working Capital Facility.

  • On each Funding Date, or from time to time during the related Funding Period, upon receipt of an Officer's Certificate of a Responsible Officer of AEE, the Depositary Agent shall transfer from the Working Capital Account to the Working Capital Provider the amount set forth in such Certificate as the amount payable in respect of the principal amount of drawings on the Working Capital Facility.

  • On each Funding Date, or from time to time during the related Funding Period, upon receipt of an Officer's Certificate of a Responsible Officer of AEE, the Depositary Agent shall transfer from the Working Capital Account to the Working Capital Provider (as identified in such Officer's Certificate) the amount set forth in such Certificate as the amount payable in respect of the principal amount of drawings on the Working Capital Facility.

  • If a Working Capital Provider subsequently receive a Tax credit which is referable to the increased payment and which enhances its position, then the relevant Working Capital Provider will reimburse the Company sufficient to redress the position up to the amount received so long as by so doing the relevant Working Capital Provider does not prejudice receipt or retention of the Tax credit.

  • Simultaneously with the delivery of each Funding Date Certificate to the Depositary Agent, AEE shall deliver a copy thereof to each Owner Participant and the Working Capital Provider.

  • The Company may finance certain working capital requirements of the Project by entering into a working capital agreement with a financial institution for the provision of credit to the Company (such financial institution, the "Working Capital Provider").

  • Xxxxxxx Title: Senior Vice President CREDIT LYONNAIS NEW YORK BRANCH, as Working Capital Provider By: /s/ XXXXX X.

  • This Depositary Agreement shall remain in full force and effect until the earlier of (i) the payment of all obligations owing to each of the Indenture Trustees, each of the Pass Through Trustees, each of the Owner Trusts, each of the Owner Participants, and the Working Capital Provider and (ii) the termination of each of the Leases following the occurrence of a Lease Event of Default.


More Definitions of Working Capital Provider

Working Capital Provider means the banks or financial institutions providing Permitted Working Capital Indebtedness pursuant to any Working Capital Facility and any agent acting on behalf of such banks or financial institutions.
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Working Capital Provider has the meaning specified in the preamble of this Agreement, including any successors or assigns thereto as Agent for the banks under the Working Capital Agreement.
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Working Capital Provider is inserted in appropriate alphabetical order:
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Working Capital Provider in their respective entireties and by deleting the definition of "Working Capital Facility" in its entirety and inserting in lieu thereof the following:
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Working Capital Provider means Credit Suisse First Boston.
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Working Capital Provider means the Agent under the Working Capital Agreement acting for and on behalf of the Banks party thereto and the Initial Bank, and any successors or assigns thereto as Agent for the Banks under the Working Capital Agreement.
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Related to Working Capital Provider

  • Working Capital Target means $0.

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

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

  • 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.

  • Net Working Capital Target means $0.00.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

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

  • 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).

  • Target Working Capital means $0.

  • 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.

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

  • Final Working Capital has the meaning set forth in Section 2.04(b).

  • Working Capital Escrow Amount means $2,000,000.

  • 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.

  • Target Net Working Capital means $0.

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

  • 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.

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

  • Target Working Capital Amount means $75,000,000.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Target Net Working Capital Amount means $5,000,000.

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

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