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 set forth in Appendix A to the Participation Agreement is hereby amended to read in its entirety as follows:
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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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Examples of Working Capital Provider in a sentence

  • 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.

  • Unless an Event of Default has occurred, provided the requirements of the drawdown notice have been met, the Working Capital Provider shall make payment of the amount requested in the drawdown notice to the Reserve Account on a date falling not later than five (5) Business Days after the date of the drawdown notice.

  • For the avoidance of doubt, the prior written consent of the Shareholders pursuant to clause 8.5 (Working Capital) of this Agreement shall not require to be sought in respect of any proposal to repay amounts pursuant to this paragraph 2.6.4 of this Working Capital Agreement.]34 2.6.5 Nothing in this Working Capital Agreement shall prevent repayments to a Working Capital Provider in pursuance of clause 8.10 (Working Capital) (as read with clause 8.11 (Working Capital)) of this Agreement.

  • If a Working Capital Provider subsequently receives 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.

  • Interest shall be calculated in respect of all amounts drawn down from the Working Capital Facility and provided by each individual Working Capital Provider under this Agreement and payable to the relevant Working Capital Provider in accordance with paragraph 3.1 of this Working Capital Agreement.

  • Indemnity 5.1 The Company will at all times on demand indemnify the Working Capital Providers against all actions, suits, Proceedings, claims, demands, liabilities, costs, expenses, losses, damages and charges whatsoever (except those arising as a result of the gross negligence or wilful misconduct of the relevant Working Capital Provider) which may occur in relation to or arising out of any utilisations of the Working Capital Facility made available under this Agreement.

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

  • Interest shall be calculated in respect of the Working Capital Facility provided by each individual Working Capital Provider under this Agreement (so far as actually paid into the Reserve Account or paid to the Company) and payable to the relevant 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.

  • Unless an Event of Default has occurred, provided the requirements of the drawdown notice have been met, the Working Capital Provider shall make payment of the amount requested in the drawdown notice to the Reserve Account on a date falling not later than 5 Business Days after the date of the drawdown notice.


More Definitions of Working Capital Provider

Working Capital Provider is hereby deleted in its entirety and the following is inserted in lieu thereof:
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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 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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Working Capital Provider means Credit Suisse First Boston.
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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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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 shall have the meaning set forth in the Partnership Agreement.

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

  • 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 current assets minus current liabilities.

  • Working Capital Lender means any Lender that has a Working Capital Commitment.

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

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

  • Working Capital Escrow Amount means $1,000,000.

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

  • Target Working Capital Amount means $162,000,000.

  • 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 $0.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • 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).