Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,000.
Appears in 5 contracts
Samples: Credit Agreement (Tetra Technologies Inc), Credit Agreement (Tetra Technologies Inc), Credit Agreement (Tetra Technologies Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,000500,000.
Appears in 5 contracts
Samples: Credit Agreement (CRAWFORD UNITED Corp), Credit Agreement (CRAWFORD UNITED Corp), Credit Agreement (CRAWFORD UNITED Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability (plus cash on hand, excluding the proceeds of any Loan) shall not be less than $20,000,000150,000,000.
Appears in 3 contracts
Samples: Credit Agreement (Furniture Brands International Inc), Credit Agreement (Furniture Brands International Inc), Credit Agreement (Furniture Brands International Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Restatement Effective Date, the issuance of any Letters of Credit on the Restatement Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00050,000,000.
Appears in 3 contracts
Samples: Credit Agreement (Unisys Corp), Credit Agreement (Unisys Corp), Credit Agreement (Unisys Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit (or deemed issuance, in the case of Existing Letters of Credit) on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00030,000,000.
Appears in 3 contracts
Samples: Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,000.
Appears in 3 contracts
Samples: Credit Agreement (Vera Bradley, Inc.), Credit Agreement (Rti Surgical, Inc.), Credit Agreement (Compressco Partners, L.P.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Restatement Date and the issuance of any Letters of Credit on the Effective Restatement Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, liabilities and obligations current, the Borrowers’ Aggregate Availability shall not be less than $20,000,000500,000,000.
Appears in 3 contracts
Samples: Credit Agreement (Office Depot Inc), Credit Agreement (Office Depot Inc), Credit Agreement (Office Depot Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Aggregate Availability shall not be less than $20,000,00038,500,000.
Appears in 3 contracts
Samples: Credit Agreement (Winnebago Industries Inc), Credit Agreement (Winnebago Industries Inc), Credit Agreement (Winnebago Industries Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness' indebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00015,000,000.
Appears in 3 contracts
Samples: Credit Agreement (HF Foods Group Inc.), Credit Agreement (HF Foods Group Inc.), Credit Agreement (HF Foods Group Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters letters of credit under the Revolving Credit Agreement on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,0003,500,000.
Appears in 2 contracts
Samples: Credit Agreement (A.S.V., LLC), Credit Agreement (Manitex International, Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,000400,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Levi Strauss & Co), Credit Agreement (Levi Strauss & Co)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the sum of the Borrowers’ Excess Availability shall not be less than $20,000,0006,000,000 in the aggregate.
Appears in 2 contracts
Samples: Revolving Loan Credit Agreement (Servicesource International, Inc.), Revolving Loan Credit Agreement
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,0003,500,000.
Appears in 2 contracts
Samples: Credit Agreement (A.S.V., LLC), Credit Agreement (Manitex International, Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,00015,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Gogo Inc.), Credit Agreement (Sagent Pharmaceuticals, Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Aggregate Availability shall not be less than $20,000,00070,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Winnebago Industries Inc), Credit Agreement (Winnebago Industries Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,00010,000,000.
Appears in 2 contracts
Samples: Credit Agreement (CSS Industries Inc), Credit Agreement (CSS Industries Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,0005,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Charlotte's Web Holdings, Inc.), Credit Agreement (Charlotte's Web Holdings, Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, liabilities and obligations current, the Borrowers’ Aggregate Availability shall not be less than $20,000,000400,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Office Depot Inc), Credit Agreement (Office Depot Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Aggregate Availability shall not be less than $20,000,00060,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Cott Corp /Cn/), Credit Agreement (Cott Corp /Cn/)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,000250,000,000.
Appears in 2 contracts
Samples: Credit Agreement (American Eagle Outfitters Inc), Credit Agreement (American Eagle Outfitters Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00075,000,000.
Appears in 2 contracts
Samples: Credit Agreement (TimkenSteel Corp), Credit Agreement (Unisys Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance (or deemed issuance) of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,00050,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Interline Brands, Inc./De), Credit Agreement (Interline Brands, Inc./De)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00035,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Standard Motor Products, Inc.), Credit Agreement (Standard Motor Products Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,00040,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Lifetime Brands, Inc), Credit Agreement (Lifetime Brands, Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Closing Date and the issuance of any Letters of Credit on the Effective Closing Date and the payment of all fees and expenses due hereunder, and with all of the Loan PartiesBorrower and the Guarantors’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability plus Perfected Cash shall not be less than $20,000,000.
Appears in 2 contracts
Samples: Revolving Facility Credit Agreement (Fender Musical Instruments Corp), Revolving Facility Credit Agreement (Fender Musical Instruments Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date Date, and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Excess Availability shall is not be less than $20,000,00019,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Allbirds, Inc.), Credit Agreement (Allbirds, Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Closing Date, the issuance of any Letters of Credit on the Effective Closing Date and the payment of all fees and expenses due hereunder, and with all of the Loan PartiesBorrowers’ Indebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00020.0 million.
Appears in 2 contracts
Samples: Credit Agreement (Railamerica Inc /De), Credit Agreement (Railamerica Inc /De)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations under this Agreement current, the Borrowers’ Availability shall not be less than $20,000,00050,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,000250,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunderincurred by the Company and its Subsidiaries in connection with the Transactions on or prior to the Effective Date, and with all of the Loan PartiesBorrowers’ Indebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00010,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective DateDate (other than Borrowings the proceeds of which will be applied to fund a portion of the purchase price of the Target Acquisition and fees and expenses related thereto), the issuance of any Letters of Credit on the Effective Date and Date, the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,000110,000.000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Closing Date, the issuance of any Letters of Credit on the Effective Closing Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,00025,000,000.
Appears in 1 contract
Samples: Credit Agreement (Akorn Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,00014,000,000.
Appears in 1 contract
Samples: Credit Agreement (Metalico Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Restatement Effective Date, the issuance of any Letters of Credit on the Restatement Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00040,000,000.
Appears in 1 contract
Samples: Amendment and Restatement Agreement (TimkenSteel Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,00035,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Excess Availability shall not be less than $20,000,00015,000,000 based on the Borrowing Base Certificate delivered pursuant to Section 4.01(l) above.
Appears in 1 contract
Samples: Credit Agreement (Clarus Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00060,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,00030,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, liabilities, and obligations current, the Borrowers’ Adjusted Availability shall not be less than $20,000,0005,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,0005,000,000.
Appears in 1 contract
Samples: Credit Agreement (iPower Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations currentcurrent (other than in the ordinary course of business), the Borrowers’ Availability shall not be less than $20,000,00030,000,000.
Appears in 1 contract
Samples: Credit Agreement (Griffon Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Aggregate Availability shall not be less than $20,000,00015,000,000.
Appears in 1 contract
Samples: Credit Agreement (A. H. Belo CORP)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness' indebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00050,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness' indebtedness, liabilities, and obligations current, the Availability shall not be less than $20,000,00025,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability plus the amount of all Contractor Reserves shall not be less than $20,000,00015,000,000.
Appears in 1 contract
Samples: Credit Agreement (Superior Offshore International Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,000125,000,000.
Appears in 1 contract
Samples: Credit Agreement (TimkenSteel Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,00050,000,000.
Appears in 1 contract
Samples: Credit Agreement (Aventine Renewable Energy Holdings Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,00010,000,000.
Appears in 1 contract
Samples: Credit Agreement (Ddi Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit and the acceptance and purchase of any B/As, in each case, on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,00090,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date Date, and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability shall is not be less than $20,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,00010,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,00015,000,000.
Appears in 1 contract
Samples: Credit Agreement (Metalico Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability shall not be less than $20,000,000200,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability shall not be less than $20,000,0002,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability shall not be less than $20,000,00023,500,000.
Appears in 1 contract
Samples: Credit Agreement (Us Concrete Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,000150,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, liabilities, and obligations current, the Borrower’s Availability shall not be less than $20,000,0005,000,000.
Appears in 1 contract
Samples: Credit Agreement (Arotech Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and Date, the payment of all fees and expenses due hereunder, and with all the deposit of Eligible Cash on the Loan Parties’ Indebtedness, liabilities, and obligations currentEffective Date, Availability shall not be less than $20,000,00040,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00025,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness' indebtedness, liabilities, and obligations current, Borrowing Base Availability shall not be less than $20,000,00050,000,000.
Appears in 1 contract
Samples: Credit Agreement (Systemax Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability shall not be less than $20,000,00030,000,000.
Appears in 1 contract
Samples: Credit Agreement (Audiovox Corp)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability shall not be less than $20,000,00010,000,000.00.
Appears in 1 contract
Samples: Credit Agreement (Macquarie CNL Global Income Trust, Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00040,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,0002,500,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,00015,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability (calculated without giving effect to the Availability Block) shall not be less than $20,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, liabilities, and obligations current, Borrower’s Availability shall not be less than $20,000,00010,000,000.
Appears in 1 contract
Samples: Credit Agreement (Landec Corp \Ca\)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Availability (calculated without giving effect to the Availability Block) shall not be less than $20,000,00019,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Closing Date and the issuance of any Letters of Credit on the Effective Closing Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,0005,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date Date, and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00075,000,000.
Appears in 1 contract
Samples: Credit Agreement (Global Brass & Copper Holdings, Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,0004,000,000.
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability shall not be less than $20,000,00025,000,000.
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Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Aggregate Availability shall not be less than $20,000,000.25,000,000. (k)
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Samples: Credit Agreement
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00065,000,000.
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Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrower’s Availability shall not be less than $20,000,0005,000,000.
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Samples: Credit Agreement
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date Date, and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,000an amount equal to 20% of the Aggregate Revolving Commitments.
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Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $US$20,000,000.
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Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date Date, the consummation of the Transactions and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, Availability shall not be less than $20,000,00035,000,000.
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Samples: Credit Agreement (Dril-Quip Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, Date and the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtednessindebtedness, liabilities, and obligations current, the Borrowers’ Availability shall not be less than $20,000,0007,500,000.
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