Examples of Working Capital Revolving Loans in a sentence
Nothing in this subsection 3.3B shall be deemed to relieve any Domestic Lender from its obligation to make Working Capital Revolving Loans on the terms and conditions set forth in this Agreement, and Company shall retain any and all rights it may have against any Domestic Lender resulting from the failure of such Domestic Lender to make such Working Capital Revolving Loans under this subsection 3.3B.
Each Loan shall be made as part of a Borrowing comprised entirely of General Revolving Loans or Working Capital Revolving Loans as the Borrower may request in accordance herewith and made by the Lenders ratably in accordance with their respective Commitments.
This Note and the Working Capital Revolving Loans evidenced hereby may be transferred in whole or in part only by registration of such transfer on the Register maintained for such purpose by or on behalf of the Borrower as provided in Section 11.3(d) of the Credit Agreement.
The Credit Agreement provides for the acceleration of the maturity of the Working Capital Revolving Loans evidenced by this Working Capital Revolving Note upon the occurrence of certain events (and for payment of collection costs in connection therewith) and for prepayments of Working Capital Revolving Loans upon the terms and conditions specified therein.
This Note is one of the Working Capital Revolving Notes referred to in the Credit Agreement and evidences Working Capital Revolving Loans made by the Lender thereunder.
The proceeds of the Working Capital Revolving Loans and any Swing Line Loans shall be applied by Company for working capital and general corporate purposes.
Company shall from time to time prepay first the ---------------- ----- Swing Line Loans and second the Working Capital Revolving Loans to the ------ extent necessary (1) so that the Total Utilization of Working Capital Revolving Loan Commitments shall not at any time exceed the Working Capital Revolving Loan Commitments then in effect and (2) to give effect to the limitations set forth in clause (b) of the second paragraph of subsection 2.1A(iv).
Each such notice shall be irrevocable and shall specify the proposed date of such prepayment and the principal amount of each Borrowing or portion thereof to be prepaid and, if the prepayment is being made with regard to Revolving Loans, whether such prepayment shall be applied to the Acquisition Revolving Loans or the Working Capital Revolving Loans.
The Working Capital Revolving Credit Note shall be a master note, and the principal amount of all Working Capital Revolving Loans outstanding shall be evidenced by the Working Capital Revolving Credit Note.
Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Working Capital Revolving Loans at any time prior to the Working Capital Revolving Credit Facility Termination Date.