Working Capital Facility Indebtedness definition
Working Capital Facility Indebtedness means Indebtedness incurred by the Company or any of its Subsidiaries under the Working Capital Facility; provided, that such Indebtedness has the terms (including subordination terms) set forth in Exhibit I.
Working Capital Facility Indebtedness means Indebtedness incurred by the Borrower under the Working Capital Facility; provided, that such Indebtedness (a) is contractually subordinated in right of payment and in all other respects to the Revolving Loans and all other Secured Obligations on the terms described in Exhibit A including an agreement by the holders of such Indebtedness not to exercise any remedies until the Secured Obligations Termination Date, (b) does not provide for mandatory redemption thereof until at least six months after the Maturity Date, (c) provides for payment of interest thereon in the form of cash or by capitalizing the interest to principal, and (d) is otherwise in the form set forth in Exhibit A.