Common use of Minimum Borrowing Availability Clause in Contracts

Minimum Borrowing Availability. Except for Overadvances outstanding under Section 1.1(a)(iii) and the greater minimum Borrowing Availability required at times and amounts set forth in Sections 2.1(d), 6.3(b) and 6.14, Borrower shall, at all times, cause the Borrowing Availability to exceed $5,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Roller Bearing Co of America Inc), Credit Agreement (Roller Bearing Co of America Inc)

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Minimum Borrowing Availability. Except for Overadvances outstanding under Section SECTION 1.1(a)(iii) and the greater minimum Borrowing Availability required at times and amounts set forth in Sections SECTIONS 2.1(d), 6.3(b) and 6.14, Borrower shall, at all times, cause the Borrowing Availability to exceed $5,000,0007,500,000.

Appears in 1 contract

Samples: Credit Agreement (Roller Bearing Co of America Inc)

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Minimum Borrowing Availability. Except for Overadvances outstanding under Section 1.1(a)(iii) and the greater minimum Borrowing Availability required at times and amounts set forth in Sections 2.1(d), 6.3(b) and 6.14, Borrower shall, at all times, cause the Borrowing Availability to exceed $5,000,000.

Appears in 1 contract

Samples: Credit Agreement (Roller Bearing Co of America Inc)

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