WCF Agreements definition
WCF Agreements means the facility agreements entered into or to be entered into amongst the WCF Providers and the Original Borrower, pursuant to which the WCF Providers make available working capital facilities which in aggregate amount to no more than ZAR500,000,000 to the Original Borrower, and which in each case shall be entered into on market related terms and terms and conditions usual for working capital facilities of this nature;”;
Examples of WCF Agreements in a sentence
The Original Borrower shall not amend or waive, or agree to any amendment or waiver of, any material term of the Eskom Guarantee Facility Agreement or WCF Agreements which has the effect of the Eskom Guarantee Facility or the WCF Facilities no longer being provided on market- related terms, without the prior written consent of the Facility Agent (acting on the instructions of the Majority Lenders).”.