Common use of Borrowing Availability Clause in Contracts

Borrowing Availability. Immediately after any such Credit Event, the outstanding principal amount of Revolving Loans will not exceed the Revolving Loan Limit;

Appears in 4 contracts

Sources: Credit Agreement (Urban One, Inc.), Credit Agreement (Urban One, Inc.), Credit Agreement (Urban One, Inc.)

Borrowing Availability. Immediately after any such Credit Eventborrowing and after application of the proceeds thereof or after such issuance, the outstanding principal amount of Revolving Loans will not exceed the Revolving Loan Limit;

Appears in 1 contract

Sources: Credit Agreement (Radio One, Inc.)