Working Capital Loans definition

Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.
Working Capital Loans means any loan made to SPAC by any of the Sponsor, an Affiliate of the Sponsor, or any of SPAC’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.
Working Capital Loans shall have the meaning set forth in Section 2.01(a).

Examples of Working Capital Loans in a sentence

  • Working Capital Loans, Buyers credit and PCFC, from 6 (March 31, 2016 - 6) banks, are secured on pari passu basis by way of hypothecation of all inventories, book debts and other current assets of the Company.


More Definitions of Working Capital Loans

Working Capital Loans means Revolving Loans made pursuant to Section 2.01.02.
Working Capital Loans has the meaning set forth in Section 3.01.
Working Capital Loans means any Revolving Loans that are not Revolving L/C Loans.
Working Capital Loans means funds that the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may, but are not obligated to, loan the Company as may be required in order to finance transaction costs in connection with the business combination.
Working Capital Loans means any loan made to SPAC by any of the Sponsor, an Affiliate of the Sponsor, or any of SPAC’s or Sponsor’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.
Working Capital Loans means the Loans made by Working Capital Lenders to Company pursuant to subsection 2.1A(iii).
Working Capital Loans means loans from the Sponsor or an affiliate of the Sponsor, or certain of our officers or directors, to finance transaction costs in connection with an initial business combination, including the working capital loans issued pursuant to the Convertible Note and the Promissory Note.