Working Capital Credit Facility definition

Working Capital Credit Facility means a credit facility provided to the Company, SMC and one or more of their Subsidiaries, all extensions, renewals, refinancings, replacements and refundings thereof, each as amended, supplemented or otherwise modified from time to time.
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Working Capital Credit Facility. A" and the term "Working Capital Credit Facility B" and the term "Working Capital Credit Facilities" shall be deemed references to the Consolidated Working Capital Credit Facility.
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Working Capital Credit Facility means the Credit Facility dated as of the Issue Date between the Company and Banque Nationale de Paris, as such agreement may be amended, supplemented, or otherwise modified in writing from time to time (but in no event shall the definition of Working Capital Credit Facility include any amendment, supplement or other modification increasing the amount of borrowings available to the Company and its subsidiaries thereunder).
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Examples of Working Capital Credit Facility in a sentence

  • The Bank Credit Facility consists of a $50 million Working Capital Credit Facility and a $75 million Acquisition Facility to finance propane business acquisitions.

  • All references in the Loan Agreement and all the Loan Documents to the term "Lender Indebtedness" shall include, but shall not be limited to, all obligations and liabilities of Borrowers to Lenders under the Consolidated Working Capital Credit Facility Notes, the other Notes and the Loan Agreement, as amended hereby.

  • As of the date hereof, and subject to the limitations set forth in the Loan Agreement and herein, the maximum amount available under the Working Capital Credit Facility shall be reduced to Five Million Dollars ($5,000,000.00).

  • All references in the Loan Agreement and the other Loan Documents to the term "Loan Documents" shall mean the Loan Documents as defined therein and this Amendment, including the Consolidated Working Capital Credit Facility Notes, and any and all other documents executed and delivered by Borrowers pursuant to and in connection herewith.

  • On or before the Effective Date, JCC and the applicable Persons in the Bank/Underwriter Group shall execute and deliver the A Term Loan Documents, the B Term Loan Documents, the Working Capital Loan Documents and the Convertible Junior Subordinated Debenture Documents, pursuant to which JCC will obtain the A Term Loan, the B Term Loan and the Working Capital Credit Facility and issue the Convertible Junior Subordinated Debentures.

  • All references in the Loan Agreement and all the Loan Documents to the term "Working Capital Credit Facility A" and the term "Working Capital Credit Facility B" and the term "Working Capital Credit Facilities" shall be deemed references to the Consolidated Working Capital Credit Facility.

  • All references in the Loan Agreement and all the Loan Documents to the term "Notes" shall include, but shall not be limited to, the Consolidated Working Capital Credit Facility Notes.

  • The Bankruptcy Court shall have entered an order (which may be the Confirmation Order) approving the A Term Loan, the B Term Loan, the Working Capital Credit Facility, the Convertible Junior Subordinated Debentures and the Junior Subordinated Credit Facility, respectively, which order shall be in form and substance satisfactory to HET (in its sole discretion) on behalf of the Proponents, and the non-Debtor parties providing such financing (in their sole discretion).

  • If the Borrowers desire that all or part of the outstanding principal balance under Working Capital Credit Facility A or, during the Acquisition Credit Facility Advance Period, the Acquisition Credit Facility, accrue interest at the LIBOR Rate, Borrowers shall give Agent a LIBOR Rate Notification.

  • An Event of Default under and as defined in the New Trico Working Capital Credit Facility shall have occurred.”.


More Definitions of Working Capital Credit Facility

Working Capital Credit Facility means a line of credit subordinate to the Senior Notes in an amount not to exceed $1,000,000 incurred pursuant to the terms and conditions of Section 4.09(a).
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Working Capital Credit Facility means a credit facility provided to Reorganized Metallurg and Reorganized SMC and their Subsidiaries, as such facility may be amended, supplemented or otherwise modified and any extensions, renewals, refinancings, replacements or refundings thereof.
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Working Capital Credit Facility means that certain working capital credit facility provided, or to be provided, to Borrower by _______________________, in an amount not to exceed $50,000, 000, the terms, conditions and documentation of which, shall not conflict with or violate the terms and conditions of this Agreement or any other Financing Agreement.
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Working Capital Credit Facility means the Revolving Credit and Security Agreement by and among LESCO and those of its affiliates signatory thereto, on the one hand, and National City Business Credit, National City Bank and certain other lenders signatory thereto from time to time, on the other. Working Capital Credit Facility shall also mean any working capital line or facility entered into by LESCO and any of its affiliates which replaces the credit facility referred to in the preceding sentence.
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Working Capital Credit Facility. A"). Within the limitations set forth in this Agreement, Borrowers may borrow, repay and reborrow under Working Capital Credit Facility A. Working Capital Credit Facility A shall be subject to all of the terms and conditions set forth in the Loan Documents, which terms and conditions are incorporated herein. Borrowers' obligation to repay the loans and other extensions of credit under Working Capital Credit Facility A shall be evidenced by Borrowers' promissory notes delivered to each Lender, which shall be in the respective principal amounts of each Lenders' Pro Rata Share of Working Capital Credit Facility A and which shall be in the form attached hereto as Exhibit "B" (collectively, the "Working Capital Credit Facility A Notes").
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Working Capital Credit Facility means the Loan and Security Agreement dated as of June 3, 1998 between the Company and NationsCredit Commercial Corporation, together with the documents related thereto (including, without limitation, any guarantee agreements and security documents), in each case as in effect on the date hereof.
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Related to Working Capital Credit Facility

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

  • New Credit Facility is defined in Section 9.8.

  • Principal Credit Facility means any loan agreement, credit agreement, note purchase agreement, indenture or similar document under which credit facilities in the aggregate original principal or commitment amount of at least $20,000,000 are provided for.

  • 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 Lender means any Lender that has a Working Capital Commitment.

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

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • 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.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • ABL Credit Facility means the agreement, dated as of March 30, 2015, among the Company, the Subsidiaries of the Company that borrow or guarantee obligations under such agreement from time to time, as “Credit Parties,” the lenders parties thereto from time to time and Bank of America, N.A., as agent (or its successor in such capacity), together with the related notes, letters of credit, guarantees and security documents, and as the same may be amended, restated, amended and restated, supplemented or modified from time to time and any renewal, increase, extension, refunding, restructuring, replacement or refinancing thereof (whether with the original administrative agent and lenders or another administrative agent, collateral agent or agents or one or more other lenders or additional borrowers or guarantors and whether provided under the original ABL Credit Facility or one or more other credit or other agreements or indentures).

  • Credit Facility Indebtedness means any and all amounts, whether outstanding on the Issue Date or thereafter Incurred, payable under or in respect of any Credit Facility, including without limitation principal, premium (if any), interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Company or any Restricted Subsidiary whether or not a claim for post-filing interest is allowed in such proceedings), fees, charges, expenses, reimbursement obligations, guarantees, other monetary obligations of any nature and all other amounts payable thereunder or in respect thereof.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Credit Facilities means one or more debt facilities (including, without limitation, the Senior Credit Facility) or commercial paper facilities with banks or other institutional lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Existing Credit Facility means that certain Credit Agreement, dated as of December 6, 2012, by and among the Borrower, certain Subsidiaries of the Borrower, the lenders party thereto and Bank of America, N.A. as administrative agent, as amended, restated or otherwise modified from time to time prior to the date hereof.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Net Working Capital means current assets minus current liabilities.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Senior Credit Facilities means, collectively, the Senior ABL Facility and the Senior Term Facility.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended and restated as of November 12, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.