Minimum Borrowing Base Availability Sample Clauses

Minimum Borrowing Base Availability. Permit Borrowing Base Availability to be less than $10,000,000.00 at any time on or after April 30, 2009.
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Minimum Borrowing Base Availability. Except during the period between January 28 through May 31 of each fiscal year, the difference between the Borrowing Base and the Aggregate Revolver Outstandings shall at all times exceed $5,000,000. Notwithstanding the foregoing, during the period between the Closing Date and January 28, 2001, the difference between the Borrowing Base and the Aggregate Revolver Outstandings shall at all times exceed $9,000,000.
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Minimum Borrowing Base Availability. Holdings and Borrowers shall not at any time permit the Borrowing Base Availability to be less than $10,000,000 in any thirty (30) day period for more than two consecutive Business Days; provided, however, that the Borrowing Base Availability shall not be less than $10,000,000 for two or more non-consecutive Business Days in any thirty (30) day period; provided, further, that if the Minimum Borrowing Base is less than $10,000,000 on any date, it shall automatically constitute a Potential Event of Default.
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Minimum Borrowing Base Availability. Allow Borrowing Base Availability to be less than $3,000,000 for more than three (3) consecutive Business Days during the Term hereof.
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Minimum Borrowing Base Availability. Section 4.16 of the Credit Agreement is hereby amended by deleting the date "May 31" in the first sentence thereof and replacing it with "July 15".
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Minimum Borrowing Base Availability. In the event the Liquidity Amount is at any time less than $200,000,000, the Borrowers will maintain Borrowing Base Availability of not less than $20,000,000.
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Minimum Borrowing Base Availability. Permit the Borrowing Base Availability to be less than $25,000,000.00 at any time during the period in which the Bridge Loan is outstanding.
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Minimum Borrowing Base Availability. Maintain Borrowing Base Availability that, at all times after the Interim Borrowing Period, is equal to or in excess of the Aggregate Outstanding Credit Exposure.
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Related to Minimum Borrowing Base Availability

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

  • Minimum Borrowing Amount The aggregate principal amount of each Borrowing by the Borrower shall not be less than the Minimum Borrowing Amount.

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

  • Minimum Borrowing Amounts, etc The aggregate principal amount of each Borrowing of Loans shall not be less than the Minimum Borrowing Amount applicable to Borrowings of the respective Type and Tranche of Loans to be made or maintained pursuant to the respective Borrowing. More than one Borrowing may be incurred on any day, but at no time shall there be outstanding more than 35 Borrowings of Eurodollar Loans.

  • 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 6, 2016, $13,000,000, (iii) as of any date of determination during the period from October 7, 2016 through and including October 13, 2016, $17,500,000, and (iv) as of any date of determination during the period from October 14, 2016 through and including December 31, 2016, $20,000,000.

  • Minimum Borrowing Amounts Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof.

  • Minimum Borrowing Amounts; Maximum Eurodollar Loans Each Borrowing of Base Rate Loans advanced under the applicable Facility shall be in an amount not less than $1.0 million or such greater amount that is an integral multiple of $1.0 million. Each Borrowing of Eurodollar Loans advanced, continued or converted under the applicable Facility shall be in an amount equal to $1.0 million or such greater amount that is an integral multiple of $1.0 million. Without the Administrative Agent’s consent, there shall not be more than fifteen (15) Borrowings of Eurodollar Loans outstanding at any one time.

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • 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.

  • Maximum Borrowing Amounts (a) The Total Japan Local Currency Commitment, and the Japan Local Currency Commitment for each Japan Local Currency Bank party to this Addendum as of the date hereof, are set forth on Schedule I.

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