Excess Availability Covenant Sample Clauses

Excess Availability Covenant. The Loan Parties shall maintain Excess Availability at all times of not less than the greater of (a) ten percent (10%) of the Loan Cap or (b) $5,000,000.00.
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Excess Availability Covenant. Permit Excess Availability at any time to be less than the greater of (a) ten percent (10%) of the Loan Cap or (b) $1,000,000; provided, that, if at any time Excess Availability is less than $2,500,000, then $1,000,000 shall be increased to $1,500,000 for purposes of this Section 7.15(b).
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Excess Availability Covenant. Permit Excess Availability at any time to be less than the amount equal to ten percent (10%) of the Loan Cap.
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Excess Availability Covenant. Borrower shall not permit Excess Availability at any time to be less than $600,000. H. By deleting the reference to "June 1, 2009" in Section 12.1(a) of the Loan Agreement and by substituting in lieu thereof "June 10, 2009".
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Excess Availability Covenant. The following Section 9.18A hereby is added to the Loan Agreement:
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Related to Excess Availability Covenant

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from July 25, 2016 through and including August 29, 2016, $10,000,000, (ii) as of any date of determination during the period from August 30, 2016 through and including October 17, 2016, $13,000,000, (iii) as of any date of determination during the period from October 18, 2016 through and including October 31, 2016, $17,500,000, and (iv) as of any date of determination during the period from November 1, 2016 through and including December 31, 2016, $20,000,000.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Liquidity Coverage Ratio The Seller shall not issue any LCR Security.

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Funds Availability For determining the availability of your deposits, every day is a business day except Saturdays, Sundays, federal holidays and legal banking holidays in the State of Utah.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • RDDS availability Refers to the ability of all the RDDS services for the TLD, to respond to queries from an Internet user with appropriate data from the relevant Registry System. If 51% or more of the RDDS testing probes see any of the RDDS services as unavailable during a given time, the RDDS will be considered unavailable.

  • Liquidity Ratio A Liquidity Ratio of at least 1.50 to 1.00.

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.

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