Aggregate Working Capital Loan Commitment definition

Aggregate Working Capital Loan Commitment means an amount equal to $35,200,000.
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Aggregate Working Capital Loan Commitment means, as of any date of determination, the lesser of (a) the sum of the Borrowing Bases for each Plant (or, prior to the Commercial Operation Date of any Plant, five million Dollars ($5,000,000)) as of such date of determination, and (b) twenty-five million Dollars ($25,000,000), as the same may be reduced in accordance with Section 2.08 (
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Aggregate Working Capital Loan Commitment means ten million Dollars ($10,000,000.00), as such amount may be reduced from time to time pursuant to this Agreement.
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Examples of Aggregate Working Capital Loan Commitment in a sentence

  • Each Working Capital Note will be dated the Closing Date, will be in the principal amount of such Working Capital Lender’s Pro Rata Share of the Aggregate Working Capital Loan Commitment and will evidence the Working Capital Loans made by such Working Capital Lender.

  • On each Payment Date after the Interim Completion Date, Borrower will pay to the Administrative Agent for the benefit of the Working Capital Lenders a fee equal to three-quarters of one percent (0.75%) per annum on the average daily amount by which the Aggregate Working Capital Loan Commitment exceeds the outstanding principal amount of Working Capital Loans.

  • During the Working Capital Availability Period, on the terms and subject to the conditions of this Agreement and in reliance upon the representations, warranties and covenants of Borrower contained herein, each Working Capital Lender severally agrees to make one or more Working Capital Loans to Borrower on one or more Working Capital Loan Funding Dates in an amount not exceeding its Pro Rata Share of the Aggregate Working Capital Loan Commitment.

  • The initial principal amount of each Working Capital Lender’s Working Capital Loan may not exceed such Working Capital Lender’s Pro Rata Share of the Aggregate Working Capital Loan Commitment and the aggregate Working Capital Loans on any Working Capital Loan Funding Date shall not cause the aggregate Working Capital Loans outstanding to exceed the Aggregate Working Capital Loan Commitment.

  • At no time may the aggregate amount of outstanding Working Capital Loans exceed the Aggregate Working Capital Loan Commitment and at no time may the Aggregate Revolving Credit Exposure exceed the Aggregate Revolving Credit Commitment.

  • Each Borrowing of Working Capital Loans shall be, as to all such Loans made on any single date, in an aggregate minimum amount equal to the lesser of (i) five hundred thousand Dollars ($500,000) or any integral multiple of one hundred thousand Dollars ($100,000) in excess thereof and (ii) the then unutilized amount of the Aggregate Working Capital Loan Commitment.

  • On the terms and subject to the conditions of this Financing Agreement and in reliance upon the representations, warranties and covenants of the Borrower contained herein, each Revolving Credit Lender severally agrees to make one or more Working Capital Loans to the Borrower on one or more Working Capital Loan Funding Dates in an amount not exceeding its Pro Rata Share of the Aggregate Working Capital Loan Commitment.

  • Each Working Capital Note will (i) be dated the Closing Date (or, in the case of a Revolving Credit Lender that accedes to this Financing Agreement after the Closing Date, the date of such accession), (ii) be in the principal amount of such Revolving Credit Lender’s Pro Rata Share of the Aggregate Working Capital Loan Commitment and (iii) evidence the Working Capital Loans made by such Revolving Credit Lender as and when made.


More Definitions of Aggregate Working Capital Loan Commitment

Aggregate Working Capital Loan Commitment means eight million Dollars ($8,000,000), as the same may be reduced in accordance with Section 2.08
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Aggregate Working Capital Loan Commitment means fifteen million Dollars ($15,000,000), as the same may be reduced in accordance with Section 2.07
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Aggregate Working Capital Loan Commitment means five million Dollars ($5,000,000), as the same may be reduced in accordance with Section 2.07 (Termination or Reduction of Commitments).
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Aggregate Working Capital Loan Commitment means, as of any date of determination: (a) the Aggregate Revolving Credit Commitment minus (b) the sum of (i) the aggregate principal amount of Swingline Loans then outstanding and (ii) the LC Exposure.
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Related to Aggregate Working Capital Loan Commitment

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Loan Commitment has the meaning set forth in Section 2.1.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $150,000,000.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

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

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • 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.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.