Working Capital Rate definition

Working Capital Rate has the meaning specified in Section 8.2.4.2.
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Working Capital Rate means a floating rate of interest which is equal to -------------------- two and three-quarters percent (2.75%) per annum over LIBOR. The Working Capital Rate shall be adjusted on and as of the effective date of each weekly change in LIBOR. The Lender's determination of the Working Capital Rate as of any date of determination shall be conclusive and binding, absent manifest error.
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Working Capital Rate means, [**], for each Day, the sum of (i) [**] and (ii) [**].
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Examples of Working Capital Rate in a sentence

  • For the period from and excluding the date of the Increase Request through the Termination Date, the Working Capital Rate shall be increased by MSCG to a rate that would not be reasonably likely to result in TRC incurring increased costs in connection with this Agreement in excess of $***** per annum.

  • Under the ROI methodology, tariff is computed as follows: Maximum Allowable Net Income =+ Net Book Value of Assets in Service+ 2-Months Working Capital= Rate Base X 12% ROI Revenue Requirements =+ Maximum Allowable Net Income+ Operating Expenses+ Depreciation Average Tariff = Revenue RequirementsVolume to be Sold The Break-Even methodology12 is similar to the above, except that there is no ROI.

  • Class actions can involve amounts that threaten to cripple or bankrupt the defendant.

  • First, there are some main factors affecting urban flows, which can be classified into four groups.

  • Interest on Working Capital Rate of interest on working capital shall be on normative basis and shall be equal to the Short-Term Prime Lending Rate of the State Bank of India as on 1st April of the relevant year.

  • Interest Charges on Working Capital Rate of interest on working capital to be computed as provided hereinafter in these regulations shall be on normative basis and shall be equal one (1) Year State Bank of India (SBI) MCLR / any replacement thereof as notified by RBI for the time being in effect applicable for one (1) Year period, as may be applicable as on 1st April of the Financial Year in which the Petition is filed plus 300 basis points.

  • In the event that the CGM Working Capital Rate changes during a monthly interest cycle, the latest Interest Rate during such cycle shall apply from the beginning of such cycle.

  • Pursuant to the Regulation adopting authority granted in Section V.

  • Mpls-based Operations Working Capital Rate to Revenue or Approved Revenue for the Business Unit at 20% with 200% overranging.

  • He asserts that although Exhibit A-6 (DSA-38) shows that the increase in net Utility Plant is partially offset by a reduction in Working Capital, Rate Base is still increasing by approximately $270 million, ormore than 10% over the 2008 level.


More Definitions of Working Capital Rate

Working Capital Rate means, except as otherwise provided in Section 16.12(b), for each Day, the sum of (i) three (3) months LIBOR for such Day (the “Base Interest Rate”) and (ii) [**] (the “Applicable Margin”).
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Related to Working Capital Rate

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • Final Working Capital has the meaning set forth in Section 2.4(b)(iii).

  • Working Capital Adjustment has the meaning set forth in Section 2.15(b).

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • 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.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.

  • Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Target Net Working Capital Amount means $5,000,000.

  • Working Capital Target means $0.

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Working Capital means, on any date, Current Assets less Current Liabilities.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.