Aggregate Working Capital Commitments definition

Aggregate Working Capital Commitments means the sum of the Working Capital Commitments.
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Aggregate Working Capital Commitments means the Working Capital Commitments of all the Lenders, in an amount not to exceed $50,000,000.
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Examples of Aggregate Working Capital Commitments in a sentence

  • Administrative Agent will promptly notify Lenders of any such notice of termination or reduction of the Aggregate Working Capital Commitments.

  • All fees payable under Sections 2.03(i) and (j) and 2.09 accrued until the effective date of any termination of the Aggregate Working Capital Commitments shall be paid on the effective date of such termination.

  • Any reduction of the Aggregate Working Capital Commitments shall be applied to the commitment of each Working Capital Lender according to its Working Capital Percentage Share thereof.

  • All fees accrued until the effective date of any termination of the Aggregate Working Capital Commitments shall be paid on the effective date of such termination.

  • In such event, Borrower shall be deemed to have requested a Working Capital Borrowing consisting of Base Rate Loans to be disbursed on such Honor Date in an amount equal to such Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Aggregate Working Capital Commitments (after giving effect to the reduction or termination of the related Letter of Credit).

  • In such event, Borrower shall be deemed to have requested a Working Capital Borrowing consisting of Base Rate Loans to be disbursed on such Honor Date in an amount equal to such Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Aggregate Working Capital Commitments and the conditions set forth in Section 4.02 (other than the delivery of a Loan Notice).

  • The Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction of the Aggregate Working Capital Commitments.

  • The Borrower shall pay to the Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Percentage, a commitment fee equal to the Applicable Rate times the actual daily amount by which the Aggregate Working Capital Commitments exceed the Outstanding Working Capital Amount.

  • Any reduction of the Aggregate Working Capital Commitments shall be applied to the Working Capital Commitment of each Lender according to its Working Capital Percentage.

  • Borrower shall pay to Administrative Agent for the account of each Working Capital Lender in accordance with its Working Capital Percentage Share, a commitment fee (the “Working Capital Commitment Fee”) equal to the Applicable Rate multiplied by the actual daily amount by which the Aggregate Working Capital Commitments exceed the sum of the Total Working Capital Outstandings.