Examples of Working Capital Revolver in a sentence
If Citizens Bank resigns as Swing Line Lender, it shall retain all the rights of Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Prime Rate Working Capital Revolver Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c).
Agent shall promptly notify Borrowers and Lenders of the interest rate applicable to any LIBOR Interest Period for LIBOR Rate Working Capital Revolver Loans upon determination of such interest rate.
Three Months Ended March 31,20222021% Change Average Benchmark Prices (price per ton) Tampa Ammonia (MT) Benchmark $ 1,206 $ 348 247 % UAN Southern Plains $ 595 $ 241 147 % Input Costs Average natural gas cost/MMBtu $ 4.74 $ 3.15 50 % Financial Position and Capital ExpendituresAs of March 31, 2022, our total liquidity was over $400 million, including $343.6 million in cash and short-term investments and approximately $63 million of borrowing availability under our Working Capital Revolver.
There were no borrowings under the Working Capital Revolver at June 30, 2018.
Once such advances under the Working Capital Revolver Loans and the Swing Line Loans equal or exceed such amounts, Borrowers shall request advances under the Job Bank Term Loan, the PIDC Financing or the MELF Financing, as applicable, in such lump sum amounts and shall use the proceeds thereof to pay down the Working Capital Revolver Loans and the Swing Line Loans.