Working line definition

Working line means a line on a roster showing the details of what shift work is to be undertaken during the week for that particular line and should, wherever practical, add up to the required number of Ordinary Hours of Work for the particular work group for the specified period (i.e. 40 hour week). There may be one or more Working Lines on a roster.

Working line means an active access line or channel. (Source: Amended at 38 Ill. Reg. , effective )

Working line means the loan facility under the credit agreement, dated February o, 1997, between the Company and the Frost National Bank for the purposes of supporting accounts receivable, funding letters of credit and providing for working capital needs, as amended, modified, supplemented, extended, restated or renewed from time to time.

Examples of Working line in a sentence

• After (i) the Conversion Date, and (ii) the Option Date (if the Borrower and the SuperMajority Lenders did not agree to an Extension Option), Working Line Advances prepaid hereunder may not be reborrowed.

• On the Option Date, or, if the Borrower and the Lenders have agreed to extend the Working Line Loan until the Extension Final Maturity, then the Extension Final Maturity, the Borrower, so long as there exists no Default or Event of Default on such date of conversion, shall have the option (which shall not require the consent of any Lender) to convert the Working Line Loan to a term loan.

• Upon such notice and receipt by the Lenders of the new promissory notes, the Working Line Loan shall automatically convert to a term loan on the Option Date or the Extension Final Maturity, as applicable.

• The interest rate on the Term Loan shall be prime plus 3.25% and shall be payable with the interest on the Working Line of Credit.

• After the Conversion Date, no Advances will be available under the Working Line Loan except Refinancing Advances.

• On the Option Date, the Borrower, with the prior written consent of the SuperMajority Lenders and so long as there exists no Default or Event of Default, may elect to extend the maturity of the Working Line Loan for an additional 364 day period until the Extension Final Maturity.

• The application of prepayments made under this Section 2.05 as between the Swingline Loan, the Revolver A Loan, the Revolver B Loan and the Working Line Loan shall be determined in accordance with the provisions of Section 2.13(f) hereof.

• On the date of a reduction of any of the Commitments pursuant to Section 2.11 hereof, the aggregate amount of outstanding (i) Revolver A Advances in excess of the Revolver A Commitment as reduced, (ii) Revolver B Advances in excess of the Revolver B Commitment as reduced, and (iii) prior to the Conversion Date, Working Line Advances in excess of the Working Line Commitment shall in each case be immediately due and payable.

• On the Conversion Date all outstanding Working Line Advances shall convert to a term loan in the amount of the outstanding Working Line Advances outstanding on the Conversion Date and such term loan shall be due and payable in one payment on the Maturity Date.

• Subject to Section 11.08 hereof, the Borrower shall pay to Administrative Agent for the account of Lenders pro rata in accordance with each Lender's Working Line Specified Percentage, a commitment fee equal to the sum of the Applicable Commitment Fee Percentage per annum on the average daily amount of the difference between the Working Line Commitment and the sum of all outstanding Working Line Advances (the "Working Line Commitment Fee").

More Definitions of Working line

Working line means an active access line or channel.

Working line means an active access line or channel. (Source: Amended at 36 Ill. Reg. 14990, effective October 1, 2012)

Working line means an anchor line used primarily for access, egress, work positioning and work restraint and does not include a lifeline as defined in Part 21, Fall Protection, of these regulations.

Working line means an active access line or channel. (Source: Amended at 24 Ill. Reg. 13861, effective September 1, 2000)

Working line means a Line that has an active service.