Working Capital Loans definition

Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, loan agreement or similar document, for the purpose of financing costs, expenses and other obligations incurred by Acquiror.

Working Capital Loans means any loan made to SPAC by any of the Sponsor, an Affiliate of the Sponsor, or any of SPAC’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

Examples of Working Capital Loans in a sentence

• The Working Capital Loans will be unsecured, interest free and have a proposed term of two years.

• The proceeds of Working Capital Loans may only be used for Working Capital Purposes, except that no more than two hundred million Dollars ($200,000,000) of such proceeds individually or in the aggregate may be used for General Working Capital Purposes at any point in time.

• Furthermore, Subscribers D, E and F have undertaken to provide the Working Capital Loans of up to HK$51.75 million in aggregate for the Timber Exploration JV to develop its timber business, whereas Subscribers D and E have also guaranteed the Guaranteed Revenue during the Guarantee Periods.

• In no event shall the Borrower be entitled to request or receive any Working Capital Loan that would cause (i) the sum of (A) the outstanding principal amount of all Working Capital Loans and Swing Line Loans and (B) the Working Capital LC Exposure to exceed the Working Capital Sublimit or (ii) the sum of (A) the outstanding principal amount of all Working Capital Loans and Swing Line Loans and (B) without duplication, the LC Exposure to exceed the Total Commitment.

• Any Working Capital Loans made by Ormat or an Affiliate of Ormat shall (a) be evidenced by a note substantially in form of Exhibit F hereto and (b) otherwise be on terms equivalent in all material respects to loans that would be available from a third party lender that is not an Affiliate of Ormat.

More Definitions of Working Capital Loans

Working Capital Loans shall have the meaning set forth in Section 2.01(a).

Working Capital Loans means Revolving Loans made pursuant to Section 2.01.02.

Working Capital Loans has the meaning set forth in Section 3.01.

Working Capital Loans means any Revolving Loans that are not Revolving L/C Loans.

Working Capital Loans means any loan made to Purchaser by any of the Purchaser Sponsor, any affiliate, officer, manager or member of the Purchaser Sponsor, or Purchaser’s officers or directors, and evidenced by a promissory note, in each for the purpose of financing the ordinary course working capital of the Purchaser or costs incurred as reasonably necessary to facilitate the consummation of the Transactions.

Working Capital Loans means funds that the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may, but are not obligated to, loan the Company as may be required in order to finance transaction costs in connection with the business combination.

Working Capital Loans means certain loans that may be made by the Sponsor or an affiliate of the Sponsor, or certain of CCNB1’s officers and directors in connection with the financing of a business combination.