Working Capital Repayment definition
Examples of Working Capital Repayment in a sentence
The value of the Working Capital Repayment shall be calculated in accordance with paragraph 10.2.
Guarantee will be issued under which a claim could be made at a time after the Working Capital Repayment Date in relation to the Working Capital Facility unless the Working Capital Bank (in its sole discretion and upon such terms as it reasonably requires) agrees otherwise.
Interest under Clause 9.2.1 on amounts outstanding by way of overdraft under the Working Capital Facility shall be paid by the relevant Borrower to the Working Capital Bank, on the Working Capital Bank's usual quarterly charging days and the Working Capital Repayment Date and will accrue from day to day on the basis of actual days elapsed and a year of 365 days (in the case of Sterling borrowings) or 360 days (in the case of Canadian Dollar or Optional Currency (other than Sterling) borrowings).
This Temporary Credit Limit expires upon the end of the Re-Start Working Capital Repayment Accumulation Period.
As set forth more specifically in Section 3.02, (i) the Reserve Amount and, (ii) (A) during the Accumulation Period, the portion of the Daily Installments which has accrued and is owing (regardless of whether such Daily Installments have been funded), and (B) following the Re-Start Working Capital Repayment Accumulation Period, the full Re-Start Working Capital Repayment will be deemed to be obligations owing from Aemetis ▇▇▇▇▇ in determining the daily settlement amount.
SA will be permitted to disburse the amount of the Chemring Working Capital Repayment Loan to ARC in repayment of the Mecar Working Capital Loan Amount, plus accrued interest thereon.
Commencing on the day immediately following the Re-Start Working Capital Repayment Accumulation Period, and continuing for 75 days, Aemetis ▇▇▇▇▇ shall pay, in addition to all other payments owed to Heiskell, Twenty Thousand Dollars ($20,000.00) each day to build up a cash deposit of One Million Five Hundred Thousand Dollars ($1,500,000.00) (the “Cash Deposit”).
Immediately prior to the SA Closing Date, Chemring will provide a loan to SA (the “Chemring Working Capital Repayment Loan”) in the aggregate amount of the outstanding principal and accrued interest funded to SA from ARC using funds ARC borrowed from Chemring pursuant to that certain Secured Bridge Note dated as of the date hereof (the “Mecar Working Capital Loan Amount”).