Working Capital Loan Termination Date

Working Capital Loan Termination Date. Shall mean the date that Working Capital Agent and Working Capital Lenders have received payment in full in cash or other immediately available funds of all of the Working Capital Debt, Working Capital Agent shall have received either cash collateral or a letter of credit with respect to contingent obligations in accordance with the terms of Section 13.1(a) of the Working Capital Loan and Security Agreement as in effect on the date hereof (provided that as to contingent obligations in... connection with letter of credit accommodations, such cash collateral (or the amount of the letter of credit issued to Working Capital Agent in respect of such contingent obligations, as the case may be) shall not exceed 105% of the face amount of the letters of credit for which Working Capital Agent or Working Capital Lenders have any liability (or as to such contingent obligations in connection with letter of credit accommodations, the originals of the letters of credit shall have been cancelled and returned to Working Capital Agent by the beneficiary thereof with such instructions from the beneficiary as the issuer thereof may require) and the agreement of Working Capital Lenders to make any further loans or provide any further financial accommodations to Borrowers shall have been terminated. In the event that Working Capital Agent or any Working Capital Lender is required by a governmental authority to return any payments received by it in respect of the Working Capital Debt after it had otherwise received payment in full, the Working Capital Debt to which such payment had been applied shall be reinstated and a Working Capital Loan Termination Date shall not be deemed to have occurred. View More

Working Capital Loan Termination Date. Shall have the meaning ascribed to such term in the Intercreditor Agreement