Working Capital Repayment definition

Working Capital Repayment means the Franchise Payment Component calculated in accordance with paragraph 13.2 of Schedule 8.1A (Franchise Payments); The following existing definitions shall be amended or replaced as follows:
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Working Capital Repayment means the payment of the Line of Credit Note in the amount of Ten Million U.S. Dollars (U.S. $10,000,000).
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Working Capital Repayment means a repayment of Loans by the Company pursuant to Section 2.11 of the Credit Agreement or Section 3(d) of Waiver No. 5.
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Examples of Working Capital Repayment in a sentence

  • The value of the Working Capital Repayment shall be calculated in accordance with paragraph 10.2.

  • A Working Capital Repayment, if payable in any Reporting Period, shall be equal to the following: WCR=FCCP – BCP Where: FCCPthe Forecast Closing Cash Position applicable to the preceding Reporting Period.BCPthe Base Cash Position.

  • WCP may only be a positive number.WCRmeans any Working Capital Repayment to be made on that Reporting Period’s Payment Date.

  • Subject to paragraph 10.4, a Working Capital Repayment shall become payable by the Franchisee as part of a Reporting Period’s Franchise Payment where the Franchisee’s Forecast Closing Cash Position in the preceding Reporting Period is greater than the Ceiling Cash Position.

  • Working Capital Repayment 10.1 Subject to paragraph 10.4, a Working Capital Repayment shall become payable by the Franchisee as part of a Reporting Period’s Franchise Payment where the Franchisee’s Forecast Closing Cash Position in the preceding Reporting Period is greater than the Ceiling Cash Position.

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  • Without undue delay following the satisfaction of all Closing Conditions (as defined in Section 5.2), but in any event not later than three (3) Business Days thereafter, Sellers shall notify Share Purchaser in writing of the SDS Senior Facility Repayment Amount, the DDD Working Capital Repayment Amount, the Austrodent Working Capital Repayment Amount and the Repaid Shareholder Loan Repayment Amount.

  • Share Purchaser shall pay the DDD Working Capital Repayment Amount in immediately available funds free of any charges, taxes or other deductions by wire transfer to the DDD Lender.

  • The payment shall be made to a bank account to be notified in writing by Sellers to Share Purchaser at the latest 5 (five) Business Days prior to the Closing Date ("DDD LENDER'S ACCOUNT"); 5.4.5 Share Purchaser shall pay the Austrodent Working Capital Repayment Amount in immediately available funds free of any charges, taxes or other deductions by wire transfer to the Austrodent Lender.

  • Share Purchaser shall pay the Austrodent Working Capital Repayment Amount in immediately available funds free of any charges, taxes or other deductions by wire transfer to the Austrodent Lender.


More Definitions of Working Capital Repayment

Working Capital Repayment. Working Capital Shortfall"
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Working Capital Repayment. The following existing definitions shall be am “Approved CCI Scheme” “Approved Island Line CCI Schem means the Franchise Payment Component calculated in accordance with paragraph 13.2 of Schedule 8.1A (Franchise Payments); ended or replaced as follows: means a CCI Scheme approved by the Secretary of State in accordance withhas the meaning given to it in paragraph 11.14 of Schedule 7.2 National Rail Passenger Surveys, Customer Report and CCI Scheme); e” means an Island Line CCI Scheme approved by the Secretary of State in accordance with has the meaning given to it in paragraph 6.1 of Schedule 6.1 (Franchise Specific Obligations);
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Working Capital Repayment means the repayment of £10.0 million in aggregate of our Working Capital Facility since 31 March 2014.
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Working Capital Repayment means the Franchise Payment Component calculated in accordance
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Working Capital Repayment means the Franchise Payment Component calculated in accordance with paragraph REFERENCE (CLAUSE/PARAGRAPH/SCHEDULE) AMENDMENT
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Related to Working Capital Repayment

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

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • 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 Reserve shall have the meaning set forth in the Partnership Agreement.

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

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

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

  • 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.

  • Working Capital Escrow Amount means $500,000.

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

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

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

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

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

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

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

  • Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • 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.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Target Net Working Capital Amount means $0.

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

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

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