Minimum Average Availability. The Borrower will maintain during each month, determined as at the end of each month, average Availability (which calculation will be based on a trailing three-month average) during the month of not less than $500,000, which amount may be adjusted at the sole discretion of the Lender.”
Appears in 2 contracts
Samples: Credit and Security Agreement (San Holdings Inc), Credit and Security Agreement (San Holdings Inc)
Minimum Average Availability. The Borrower will maintain during each month, determined as at the end of each month, average Availability (which calculation will be based on a trailing three-month average) during the month of not less than $500,000, which amount may be adjusted at the sole discretion of the Lender.”
Appears in 1 contract
Samples: Credit and Security Agreement and Waiver of Defaults (San Holdings Inc)
Minimum Average Availability. The Borrower will maintain during each month, determined as at the end of each month, average Availability (which calculation will be based on a trailing three-month average) during the month of not less than $500,000, which amount may be adjusted at the sole discretion of the Lender.”"
Appears in 1 contract
Samples: Deposit Account Control Agreement (San Holdings Inc)
