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
Prepayments of Working Capital Loans shall not result in any reduction in Working Capital Commitments, except to the extent prepaid in accordance with Sections 4.12(b)(ii), (iii) and (iv) (Mandatory Prepayment).
Notwithstanding anything to the contrary set forth in Section 4.03(a) (Repayment of Working Capital Advances), the Borrower unconditionally and irrevocably promises to pay to the #102238149v5 Credit Facility Agent for the ratable account of each applicable Working Capital Lender, on the applicable Working Capital Loan Termination Date, an amount equal to the aggregate principal amount of all Working Capital Loans of the applicable Tranche then-outstanding.
More Definitions of Working Capital Loans
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 means certain loans that may be made by the Sponsor or an affiliate of the Sponsor, or certain of CCNB1’s officers and directors in connection with the financing of a business combination.
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 the working capital loans that Kensington incurred or may incur that may be converted at the option of the lender into warrants, with identical terms as the Private Warrants, each exercisable for one Kensington Class A Ordinary Share at a price of $0.50 per warrant.
Working Capital Loans has the meaning given in the Credit Facility Agreement.
Working Capital Loans means any Revolving Loans that are not Revolving L/C Loans.