Working Capital Purposes definition

Working Capital Purposes means either (a) Gas Working Capital Purposes or (b) General Working Capital Purposes, as applicable.

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Working Capital Purposes means working capital purposes of the Borrower consistent with the Business Plan. For purposes of this Agreement, expenditures which do not exceed the expenditures forecast in the Business Plan by more than five percent (5%) in any quarter shall be considered working capital purposes of the Borrower consistent with the Business Plan. Any accounting term used in this Agreement shall have, unless otherwise specifically provided herein, the meaning customarily given such term in accordance with GAAP, and all financial computations hereunder shall be computed, unless otherwise specifically provided herein, in accordance with GAAP consistently applied. That certain terms or computations are explicitly modified by the phrase "in accordance with GAAP" shall in no way be construed to limit the foregoing. All other undefined terms contained in this Agreement shall, unless the context indicates otherwise, have the meanings provided for by the Code as in effect in the Commonwealth of Massachusetts to the extent the same are used or defined therein. The words "herein," "hereof" and "hereunder" and other words of similar import refer to this Agreement as a whole, including the Exhibits and Schedules hereto, as the same may from time to time be amended, modified or supplemented and not to any particular section, subsection or clause contained in this Agreement. Wherever from the context it appears appropriate, each term stated in either the singular or plural shall include the singular and the plural, and pronouns stated in the masculine, feminine or neuter gender shall include the masculine, the feminine and the neuter.

Working Capital Purposes means either (a) Gas Working Capital Purposes or (b) General Working Capital Purposes, as applicable. “Working Capital Sublimit” means seven hundred forty million Dollars ($740,000,000), as the same may be increased from time to time in accordance with Section 2.05 (Incremental Commitments).

Examples of Working Capital Purposes in a sentence

• DSR Letters of Credit may only be used for DSR Purposes and Working Capital Letters of Credit may only be used for Working Capital Purposes.

• Each notice of optional prepayment shall indicate whether the Loan being prepaid (i) was used for Gas Working Capital Purposes, General Working Capital Purposes or DSR Purposes and (ii) was a Working Capital Loan, Swing Line Loan or an LC Loan.

• The proceeds of Working Capital Loans may only be used for Working Capital Purposes, except that no more than two hundred million Dollars ($200,000,000) of such proceeds individually or in the aggregate may be used for General Working Capital Purposes at any point in time.

• The portion of the Revolving Portion available to be borrowed from time to time for Working Capital Purposes.

• Symphoni Interactive LLC 0 Capital Contribution & Advances for Working Capital Purposes iGate, Inc.

• In the event that the Company requires a portion, but not all, of the Purchasers' Capital Commitments to fund the Working Capital Purposes, the aggregate Capital Commitments shall be funded pro rata by all of the Purchasers based on the ratio that each Purchaser's Capital Commitment bears to the aggregate Capital Commitments of all of the Purchasers set forth on Schedule 2.1 hereto.

• Revolving Loans made from time to time out of the Revolver Portion for Working Capital Purposes.

• The proceeds of the Revolving Credit Loans shall be used by the Borrower solely for Working Capital Purposes (including to finance Permitted Acquisitions (and the closing costs, fees and expenses associated therewith).

• The amount to be paid to the Bills pursuant to Section 11.1 of this 2013 Stadium Lease for Working Capital Purposes, as such amount may be adjusted in accordance with Section 11.2 of this 2013 Stadium Lease.

• In addition, annually thereafter, commencing on the first Anniversary Date, provided no Material Sublessee Default has occurred and is continuing, the ECSC shall pay the Working Capital Assistance to the Bills, which Working Capital Assistance shall be used by the Bills for Working Capital Purposes.

More Definitions of Working Capital Purposes

Working Capital Purposes means general corporate purposes, including working capital needs of the Borrower, including, but not limited to, Investments, capital expenditures and the acquisition of Inventory.

Working Capital Purposes means the use of Loan proceeds for purposes other than permitted acquisitions and/or mergers.