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.
Appears in 6 contracts
Samples: Loan and Security Agreement (1 800 Autotow Inc), Loan and Security Agreement (Jacobs Jay Inc), Loan and Security Agreement (Automotive One Parts Stores Inc)
Minimum Excess Availability. Borrower Borrowers 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 and the initial Letter of Credit hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.
Appears in 2 contracts
Samples: Loan and Security Agreement (Digital Solutions Inc), Loan and Security Agreement (Digital Solutions Inc)
Minimum Excess Availability. If required by TEXTRON, 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.
Appears in 2 contracts
Samples: Loan and Security Agreement (I Sector Corp), Loan and Security Agreement (Micros to Mainframes Inc)
Minimum Excess Availability. Borrower shall have Excess Availability under the Revolving Credit Receivable 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 Line of Credit Loans.
Appears in 2 contracts
Samples: Loan and Security Agreement (Community Medical Transport Inc), Loan and Security Agreement (Community Medical Transport Inc)
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.
Appears in 1 contract
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 or other reserves against borrowing availability under the Revolving Credit Loans.; ---------------------------
Appears in 1 contract
Samples: Finova Loan and Security Agreement (Play Co Toys & Entertainment Corp)
Minimum Excess Availability. Borrower shall have Excess Availability under the Revolving Credit Capital Expenditure 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 Loanshereunder.
Appears in 1 contract
Minimum Excess Availability. Borrower Borrowers 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 amendments to the Original Agreement effectuated by this Agreement and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.
Appears in 1 contract
Samples: Loan and Security Agreement (Digital Solutions Inc)
