Initial Availability Report Clause Samples

Initial Availability Report. Lender shall have received an Availability Report from Borrower executed by an authorized corporate officer of Borrower;

Initial Availability Report. Administrative Agent shall have received an initial Availability Report from Borrower Representative executed by an authorized representative of Borrower Representative and supporting documentation as the Administrative Agent may reasonably request, to confirm that after making the initial advance hereunder, satisfying all trade payables older than sixty (60) days from invoice date, book overdrafts and closing costs, Availability on Eligible Receivables shall not be less than $100,000;

Initial Availability Report. Lender shall have received an initial Availability Report from Borrower (or Servicer on behalf of Borrower) executed by an authorized representative of Borrower or Servicer and all supporting documentation as Lender may request;