Working Capital Facility Commitments definition

Working Capital Facility Commitments the Dollar Working Capital Facility Commitments and/or the Multicurrency Working Capital Facility Commitments, as the context requires.
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Working Capital Facility Commitments the Dollar Working Capital Facility Commitments and/or the Multicurrency Working Capital Facility Commitments, as the context requires. “Working Capital Facility Letter of Credit”: any Dollar Working Capital Facility Letter of Credit and any Multicurrency Working Capital Facility Letter of Credit. “Working Capital Facility Lender”: any Dollar Working Capital Facility Lender and any Multicurrency Working Capital Facility Lender. “Working Capital Facility Loans”: collectively, the Dollar Working Capital Facility
Sample 1
Working Capital Facility Commitments the Dollar Working Capital Facility Commitments and/or the Multicurrency Working Capital Facility Commitments, as the context requires. “Working Capital Facility Letter of Credit”: a Dollar Working Capital Facility Committed Tranche Letter of Credit, a Dollar Working Capital Facility Uncommitted Tranche Letter of Credit and/or a Multicurrency Working Capital Facility Letter of Credit, as the context requires. “Working Capital Facility Lender”: any Dollar Working Capital Facility Committed Tranche Lender, any Dollar Working Capital Facility Uncommitted Tranche Lender and/or any Multicurrency Working Capital Facility Lender, as the context requires. “Working Capital Facility Loan”: a Dollar Working Capital Facility Committed Tranche Loan, a Dollar Working Capital Facility Uncommitted Tranche Loan and/or a Multicurrency Working Capital Facility Loan, as the context requires. “Working Capital Facility Utilization”: with respect to the sum of the aggregate Dollar Working Capital Facility Commitments plus the aggregate Dollar Working Capital Facility Uncommitted Tranche Portions plus the aggregate Multicurrency Working Capital Facility Commitments, for any fiscal quarter, an amount (expressed as a percentage) equal to the quotient of (a) the quotient of (i) the sum of the applicable Total Working Capital Facility Extensions of Credit outstanding as of the close of business on each day during such fiscal quarter divided by (ii) the number of days in such fiscal quarter divided by (b) the sum of the aggregate Dollar Working Capital Facility Commitments plus the aggregate Dollar Working Capital Facility Uncommitted Tranche Portions plus the aggregate Multicurrency Working Capital Facility Commitments, in each case, in effect on the last Business Day of such fiscal quarter. “Write-Down and Conversion Powers”: (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that ...
Sample 1

Examples of Working Capital Facility Commitments in a sentence

  • Each Lender shall have the right for a period of fifteen (15) days following receipt of notice from the Agent of the Borrower’s request for an increase in the Working Capital Facility Commitment to elect by written notice to the Agent and the Borrower to increase its Working Capital Facility Commitment by a principal amount equal to its pro rata share (in proportion to their existing Working Capital Facility Commitments) of the Additional Working Capital Facility Commitment Amount.

  • Notwithstanding any provision to the contrary in this Agreement or any other Transaction Document, upon the occurrence of a Bankruptcy Event of Default, (a) all unutilized Construction Facility Commitments and Working Capital Facility Commitments shall forthwith terminate immediately and (b) all principal and accrued Debt Service in respect of the Obligations owed to each Secured Party shall be immediately due and payable without presentment, demand, protest or notice of any kind whatsoever.

  • Subject to the Working Capital Facility Administrative Agent's approval thereof, the Borrower may, by notice to the Working Capital Facility Administrative Agent, irrevocably request that all or any portion of the unutilized Working Capital Facility Commitments be cancelled effective as of any Interest Payment Date.

  • As of the RestatementAmendment Effective Date, the original aggregate amount of the Dollar Working Capital Facility Commitments is $1,000,000,000950,000,000.

  • All of these representations and warranties shall survive the execution and delivery of this Agreement, the Initial Closing Date, the Amendment Effective Date and all Working Capital Facility Borrowings and Working Capital Facility Commitments made hereunder.

  • Subject to the Working Capital Facility Administrative Agent’s approval thereof, the Borrower may, by notice to the Working Capital Facility Administrative Agent, irrevocably request that all or any portion of the unutilized Working Capital Facility Commitments be cancelled effective as of any Interest Payment Date.

  • All of these representations and warranties shall survive the execution and delivery of this Agreement, the Initial Closing Date and all Working Capital Facility Borrowings and Working Capital Facility Commitments made hereunder.

  • Additional Working Capital Facility Commitments may be made by any existing Lender or by any Additional Lender, provided that the Agent shall have consented to such Lender’s or Additional Lender’s providing such Additional Working Capital Facility Commitment if such consent would be required under Section 9.11 for an assignment of Loans to such Lender or Additional Lender.

  • Section 2.1 Working Capital Facility Commitments ......................

  • During the Availability Period the Borrower may use the Working Capital Facility Commitments by borrowing, prepaying the Working Capital Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

Related to Working Capital Facility Commitments

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

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Revolving Facility Commitment means, with respect to any Revolving Facility Lender, such Lender’s commitment to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Lender’s Revolving Facility Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04 and (c) increased (or replaced) as provided under Section 2.20. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 to the Original Credit Agreement, or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment (or Incremental Revolving Facility Commitment), as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments as of the Closing Date is $100,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • 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.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being US$830,000,000 at the date of this Agreement.

  • Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

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

  • 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.

  • Total Revolving Commitments at any time, the aggregate amount of the Revolving Commitments then in effect.

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

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

  • 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

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

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

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

  • 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.

  • Liquidity Commitment means, as to each Liquidity Provider, its commitment under the Liquidity Agreement (which generally will equal 102% of its Commitment hereunder).