Working Capital Facility Agreement definition

Working Capital Facility Agreement means any agreement entered into between a Group Company and a bank pursuant to which a Working Capital Facility is provided by such bank.

Working Capital Facility Agreement means any agreement entered into between the Borrower and a Working Capital Lender for provision of a Working Capital Facility.

Working Capital Facility Agreement means the Senior Letter of Credit and Reimbursement Agreement, dated as of April 21, 2014, by and among the Borrower, the Working Capital Facility Agent, the Common Security Trustee, The Bank of Nova Scotia as senior issuing bank and the Working Capital LC Lenders party thereto from time to time.has the meaning set forth in the Recitals to this Agreement.

Examples of Working Capital Facility Agreement in a sentence

• If the client does not pay the amount so demanded, he shall be in breach of his obligations in terms of the agreement and legal action shall follow, the cost of which shall be debited to the account.

• If the Borrower incurs any Working Capital Debt pursuant to Section 2.4 (Working Capital Debt), it shall use commercially reasonable efforts to ensure that the maturity date of such Working Capital Debt (but excluding for purposes thereof, any LC Loans (as defined in the Working Capital Facility Agreement) issued thereunder with maturity dates of 365 days or less) shall not occur prior to the Final Maturity Date.

• Revolving Working Capital Facility Agreement dated 5 June 2012 with Bank Muscat SAOG for purpose of availing short term loans upto Omani Rial 8.459 million.

• For so long as any Class A Authorised Credit Facility is outstanding, including, among others, under the Class A IBLA, the Senior Term Facility Agreement, the Working Capital Facility Agreement, the Liquidity Facility Agreement and the Borrower Hedging Agreements, the Class B IBLA will be subordinated to any such Class A Authorised Credit Facility.

• The Borrower and its Restricted Subsidiaries shall apply the proceeds of the Loans for (i) the refinancing of the Existing Working Capital Facility Agreement, (ii) fees and expenses related to this Agreement (iii) gas purchase obligations of the Borrower and/or its Subsidiaries and (iv) the general corporate purposes of the Borrower and/or its Subsidiaries, included but not limited to payment of Operation and Maintenance Expenses.

More Definitions of Working Capital Facility Agreement

Working Capital Facility Agreement means the agreement to provide working capital to the Borrower dated 11 April 2003 and originally entered into between the Borrower, the Security Trustee and the Working Capital Facility Provider (as may be or may have been amended, restated, varied and/or supplemented from time to time and as amended and restated most recently on the Closing Date) or any replacement working capital facility agreement entered into by the Borrower with the consent of the Security Trustee;

Working Capital Facility Agreement shall have the meaning assigned to such term in the recitals to this Agreement.

Working Capital Facility Agreement means the Initial Working Capital Facility Agreement including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced from time to time so as to provide for an aggregate principal amount of borrowings and/or face amount of letters of credit of up to $50.0 million (such amendment, restatement, modification, renewal, refunding, replacement or refinancing, a “Working Capital Facility Refinancing”), regardless of whether such Working Capital Facility Refinancing is with the same financial institutions or otherwise. Notwithstanding anything to the contrary herein or in the Indenture, nothing herein or therein shall be deemed to prohibit or otherwise restrict the ability of the Company to effect a Working Capital Facility Refinancing in an amount greater than the Indebtedness so amended, restated, modified, renewed, refunded, replaced or refinanced, provided that only such portion of the aggregate principal amount of borrowings and/or face amount of Letters of Credit incurred under such Working Capital Facility Refinancing that does not exceed $50.0 million at any one time outstanding shall be deemed to be Indebtedness incurred under the Working Capital Facility Agreement.

Working Capital Facility Agreement means the working capital facility agreement executed on or about the Issue Date between the Issuer, Morgan Stanley Dean Witter Principal Funding, Inc., the Working Capital Facility Provider and the ReoCo, as from time to time modified in accordance with the provisions therein contained and including any agreement or other document expressed to be supplemental thereto.

Working Capital Facility Agreement means the facility agreement the details of which are provided in Sr. No. 3 of the Schedule II.

Working Capital Facility Agreement means the agreement to provide working capital to the Borrower dated 11 April 2003 between, inter alios, the Borrower, the Security Trustee and the Working Capital Facility Provider or any replacement working capital facility agreement entered into by the Borrower with the consent of the Note Trustee and as amended, restated, supplemented and/or varied from time to time;

Working Capital Facility Agreement means the agreement of that name between the Borrower, Australia and New Zealand Banking Group Limited and Commonwealth Bank of Australia dated on or about the date of the Amending Deed.