Unused Working Capital Commitment definition

Unused Working Capital Commitment means, with respect to any Working Capital Lender at any time, (a) such Lender's Working Capital Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Working Capital Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time, plus (ii) such Lender's Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time and (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time.
Unused Working Capital Commitment means with respect to any Working Capital Lender at any time (a) such Lender’s Working Capital Commitment at such time minus (b) such Working Capital Lender’s pro rata share of the Total Working Capital Outstanding at such time.
Unused Working Capital Commitment means, with respect to any Working Capital Facility and any Working Capital Lender at any time, (a) such Lender's Working Capital Commitment under such Working Capital Facility at such time minus (b) the sum (without duplication) of (i) the aggregate principal amount in US Dollars of all Working Capital Advances, Swing Line Advances and Letter of Credit Advances made under such Working Capital Facility, by such Lender (in its capacity as a Lender but not in its capacity as an Issuing Bank or a Swing Line Bank) and outstanding at such time, plus (ii) such Lender's Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding under such Working Capital Facility at such time, (B) the aggregate principal amount in US Dollars of all Letter of Credit Advances made under such Working Capital Facility by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time, (C) the aggregate principal amount in US Dollars of all Swing Line Advances made under such Working Capital Facility by the Swing Line Bank pursuant to Section 2.01(g) or (h), as the case may be, and outstanding at such time, (D) in the case of the Working Capital B-1 Facility, the amount of the Working Capital B-1 Commitments then reserved pursuant to Section 2.01(j), (E) in the case of the Working Capital A Facility, the amount of the Working Capital A Commitments then reserved pursuant to Sections 2.01(k) and 2.01(l) and (F) in the case of the Canadian Facility, the aggregate Face Amount of all Bankers' Acceptances purchased and/or accepted by such Lender and outstanding at such time.

Examples of Unused Working Capital Commitment in a sentence

  • Within the limits of each Working Capital Lender's Unused Working Capital Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(c).

  • Within the limits of each Lender's Unused Working Capital Commitment in effect from time to time, the Borrowers may borrow under this Section 2.01(a), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a).

  • The "MONEY BAG" (WINX5) Play Symbol will win 5 TIMES the PRIZE for that Play Symbol and will win as per the prize structure.

  • Within the limits of each Working Capital Lender's Unused Working Capital Commitment in effect from time to time, the Borrower may borrow under this Section 2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(b).

  • Each Working Capital A Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a "Working Capital A Advance") to any Crompton A Borrower from time to time on any Business Day during the period from the date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender's Unused Working Capital Commitment under the Working Capital A Facility at such time.


More Definitions of Unused Working Capital Commitment

Unused Working Capital Commitment means, with respect to any Working Capital Lender at any time (a) such Lender's Working Capital Commitment at such time minus (b) the aggregate principal amount of all Working Capital Advances made by such Lender (in its capacity as a Lender) and outstanding at such time.
Unused Working Capital Commitment means, with respect to any Working --------------------------------- Capital Lender at any time, (a) such Lender's Working Capital Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all ----- Working Capital Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time, plus (ii) such Lender's Pro Rata Share of (A) the aggregate Available ---- Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Bank pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(b) and outstanding at such time.
Unused Working Capital Commitment means, with respect to any Lender at any time, (a) such Lender's Working Capital Commitment at such time MINUS (b) the sum of (i) the aggregate principal amount of all Working Capital Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time PLUS (ii) such Lender's Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Bank pursuant to Section 2.03(c) and outstanding at such time other than any such Letter of Credit Advance which, at or prior to such time, has been assigned in part to such Lender pursuant to Section 2.03(c) and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(b) and outstanding at such time other than any such Swing Line Advance which, at or prior to such time, has been assigned in part to such Lender pursuant to Section 2.02(b).
Unused Working Capital Commitment means, with respect to any Working Capital Lender at any time, (a) such Lender's Working Capital Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Working Capital Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time, plus (ii) such Lender's Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Bank pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(c) and outstanding at such time.
Unused Working Capital Commitment means, with respect to any Working Capital Facility and any Working Capital Lender at any time, (a)such Lender's Working Capital Commitment under such Working Capital Facility at such time minus (b)the sum of (i)the aggregate principal amount of all Working Capital Advances, Swing Line Advances and Letter of Credit Advances made under such Working Capital Facility by such Lender (in its capacity as a Lender) and outstanding at such time, plus (ii)such Lender's Pro Rata Share of (A)the aggregate Available Amount of all Letters of Credit outstanding under such Working Capital Facility at such time, (B)the aggregate principal amount of all Letter of Credit Advances made under such Working Capital Facility by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time, (C)the aggregate principal amount of all Swing Line Advances made under such Working Capital Facility by the Swing Line Bank pursuant to Section 2.01(d) or (e), as the case may be, and outstanding at such time and (D) in the case of the Working Capital B-1 Facilities, the amount of the Working Capital B-1 Commitments then reserved pursuant to Section 2.01(g).
Unused Working Capital Commitment means, with respect to any Lender at any time, (a) such Lender's Working Capital Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Working Capital Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time plus (ii) such Lender's Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time and (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time.
Unused Working Capital Commitment means, with respect to any Working Capital Lender at any time, (a) such Lender's Working Capital Commitment at such time less (b) the sum of (i) the aggregate principal amount of all Working Capital Advances, Swing Line Advances and all Letter of Credit Advances made by such Lender and outstanding at such time and (ii) such Lender's Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) to the extent not included in clause (b)(i) of this definition, the aggregate principal amount of all Letter of Credit Advances made by the Issuing Bank pursuant to Section 2.03(c) and outstanding at such time and (C) to the extent not included in clause (b)(1) of this definition, the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.02(b) and outstanding at such time.