MINIMUM DAY ONE AVAILABILITY. After giving effect to the first funding under the Revolving Credit, any charges to the Loan Account made in connection with the establishment of the credit facility contemplated hereby, L/Cs and Banker's Acceptances to be issued at, or immediately subsequent to, such establishment, Excess Availability shall not be less than $90,000,000.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (Retail Ventures Inc), Loan and Security Agreement (DSW Inc.)
MINIMUM DAY ONE AVAILABILITY. After giving effect to the first funding under the Revolving Credit, any charges to the Loan Account made in connection with the establishment of the credit facility contemplated hereby, L/Cs and Banker's Acceptances to be issued at, or immediately subsequent to, such establishment, Excess Availability shall not be less than $90,000,000.0060,000,000.00.
Appears in 1 contract
MINIMUM DAY ONE AVAILABILITY. After giving effect to the first funding under the Revolving Credit, any charges to the Loan Account made in connection with the establishment of the credit facility contemplated hereby, L/Cs and Banker's Acceptances to be issued at, or immediately subsequent to, such establishment, Excess Availability shall not be less than One Hundred Fifteen Million Dollars ($90,000,000.00115,000,000.00).
Appears in 1 contract
Samples: Loan and Security Agreement (Value City Department Stores Inc /Oh)
