Working Capital Revolving Commitment definition

Working Capital Revolving Commitment as set forth in Section 1.1 of the Credit Agreement are hereby amended as set forth below:
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Working Capital Revolving Commitment means the commitment of certain Working Capital Lender to make Working Capital Loans to the Borrower and assist the Borrower with the issuance of Working Capital LCs pursuant to the Working Capital Loan Agreement in the aggregate principal amount of $30,000,000, as the same may be reduced or terminated pursuant to the Working Capital Loan Agreement.
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Working Capital Revolving Commitment means, with respect to each Lender, the commitment of such Lender to make Working Capital Revolving Loans to the Borrower, and to acquire participations in Letters of Credit and Swingline Loans, in an aggregate principal amount not exceeding the amount set forth with respect to such Lender on Schedule I hereto, or, in the case of a Person becoming a Lender after the Effective Date, the amount of the assigned “Working Capital Revolving Commitment” as provided in the Assignment and Acceptance executed by such Person as an assignee, or the joinder executed by such Person, in each case as such commitment may subsequently be increased or decreased pursuant to the terms hereof. The aggregate principal amount of all Lenders’ Working Capital Revolving Commitments as of the Effective Date is Fifteen Million Dollars ($15,000,000).
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Examples of Working Capital Revolving Commitment in a sentence

  • You may complain to the Australian Information Commissioner about action taken by the Department in relation to your request.

  • The site currently comprises uncultivated Grade 3 agricultural land.

  • Any assignment of a given percentage of a Lender's General Revolving Commitment shall cover the same percentage of such Lender's Working Capital Revolving Commitment, and vice versa.

  • Each Lender's Revolving Acquisition Commitment shall terminate without further action on the part of such Lender on the earlier to occur of (a) March 12, 2001 (or if that date is not a Business Day, the next preceding LIBOR Business Day) (the "Revolving Acquisition Stated Termination Date"), and (b) the --------------------------------------------- date of termination of the Working Capital Revolving Commitment and the Revolving Acquisition Commitment pursuant to Section 2.8.2 or 7.

  • If at any time -------------------------------------- the aggregate Working Capital Revolving Commitment Usage of all Lenders exceeds the aggregate amount of the Working Capital Revolving Commitments then in effect, CI shall, on the Business Day on which CI learns or is notified of the excess, notify the Agent that on the next Business Day the Borrowers will make mandatory prepayments of the Working Capital Revolving Loans (and thereafter in respect of any Letters of Credit as provided in Section 2.9.3.

  • Adequate costs are already considered in project’s capacity building program.

  • Borrower and the Lender have agreed to enter into this Agreement to amend and restate the original agreement to establish three revolving credit facilities pursuant to which the Lender will provide funding to Borrower in an aggregate principal amount equal to the sum of the Working Capital Revolving Commitment, the Reducing Revolving Commitment and the Acquisition Reducing Revolving Commitment (the "Revolving Facilities").

  • The Specified Working Capital Revolving Commitment shall automatically terminate and be of no further force and effect without any action or notice by any party on August 1, 2012.

  • The Specified Working Capital Revolving Commitment shall automatically terminate and be of no further force and effect without any action or notice by any party on February 12, 2012.

  • The Specified Working Capital Revolving Commitment shall automatically terminate and be of no further force and effect without any action or notice by any party on the Ninth Amendment Effective Date.


More Definitions of Working Capital Revolving Commitment

Working Capital Revolving Commitment means a principal amount equal to $18,000,000.
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Working Capital Revolving Commitment means a principal amount equal to $18,000,000. "WORKING CAPITAL REVOLVING LINE OF CREDIT" means the revolving line of credit described in Section 2.1 hereof and all renewals, extensions, modifications, amendments, restatements and substitutions thereof or therefor.
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Working Capital Revolving Commitment means, subject to Section 2.7(b), at all times on and after the Effective Date (as defined in the Forbearance Agreement), an amount equal to $12,000,000.
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Working Capital Revolving Commitment means, with respect to each Lender, ------------------------------------ the amount set forth for such Lender as its "Working Capital Revolving Commitment" on Schedule 1.1.A as the amount of such Lender's commitment to make Working Capital Revolving Loans and purchase participations in, and assignments of, Swingline Loans to the Borrowers, as reallocated, reduced or terminated from time to time pursuant to the terms hereof.
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Working Capital Revolving Commitment means, with respect to each Lender, the commitment of such Lender to make Working Capital Revolving Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender's Working Capital Loans hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.07, (b) increased from time to time pursuant to Section 2.18 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Working Capital Revolving Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Working Capital Revolving Commitment, as applicable. The initial aggregate amount of the Lenders' Working Capital Revolving Commitments is $25,000,000. The Working Capital Revolving Commitments are a subset of the General Revolving Commitments and the maximum amount of the Commitments is equal to the maximum amount of the General Revolving Commitments.
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Working Capital Revolving Commitment means, with respect to each Lender, the commitment of such Lender to make Working Capital Revolving Loans in an aggregate principal amount at any time outstanding of up to such Lender's Working Capital Revolving Commitment Percentage of the Aggregate Working Capital Revolving Committed Amount as specified in SCHEDULE 2.1(a), as such amount may be reduced from time to time in accordance with the provisions hereof.
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Related to Working Capital Revolving Commitment

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • New Revolving Commitments has the meaning assigned to such term in Section 2.04.

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • U.S. Revolving Commitment means the commitment of a Lender to make or otherwise fund any U.S. Revolving Loan and to acquire participations in U.S. Letters of Credit and Swing Line Loans hereunder and “U.S. Revolving Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s U.S. Revolving Commitment, if any, is set forth on Schedule 1.01(c) or in the applicable Assignment Agreement or Joinder Agreement, as applicable, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the U.S. Revolving Commitments as of the Closing Date is $265,000,000.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Aggregate Revolving Commitment means the aggregate of the Revolving Commitments of all of the Revolving Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $1,000,000,000.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Aggregate Revolving Commitments means the Revolving Commitments of all the Lenders. The amount of the Aggregate Revolving Commitments in effect on the Closing Date is SIX HUNDRED MILLION DOLLARS ($600,000,000).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).