Working Capital Revolving Commitment definition

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.

Working Capital Revolving Commitment as set forth in Section 1.1 of the Credit Agreement are hereby amended as set forth below:

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).

Examples of Working Capital Revolving Commitment in a sentence

• Each issued Letter of Credit shall be deemed to utilize the Working Capital Revolving Commitment of each Lender by an amount equal to the amount of such participation.

• Xxxxxxx, Xxxxx 00000 Acquisition Revolving Commitment: $33,399,240.06 Working Capital Revolving Commitment: $16,600,759.94 ACKNOWLEDGED AND AGREED: DEUTSCHE BANK AG, NEW YORK BRANCH, as Swingline Lender and an Issuing Bank By: /s/ Xxxx X.

• 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 the Ninth Amendment Effective Date.

• An amount equal to the Letter of Credit Liability for each Letter of Credit shall be reserved under the Working Capital Revolving Commitment and shall not be available for borrowing for any purpose other than reimbursement of amounts drawn under the Letters of Credit pursuant to the terms of this Section 2.3.

• 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.

• 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").

• Xxxxx Title: Director By: /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Vice President JPMORGAN CHASE BANK, N.A., as a New Revolving Lender By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Executive Director Address: XX Xxxxxx 0000 Xxxx Xxx 3rd Floor Dallas, Texas 75225 Acquisition Revolving Commitment: $50,098,860.09 Working Capital Revolving Commitment: $24,901,139.91 BBVA USA, as a New Revolving Lender By: /s/ Xxxx X.

More Definitions of Working Capital Revolving Commitment

Working Capital Revolving Commitment means a principal amount equal to $18,000,000.

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.

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.

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.

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.

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.