Common use of Minimum Excess Availability Clause in Contracts

Minimum Excess Availability. The aggregate amount of the Excess Availability of Borrowers shall at all times be equal to or greater than $10,000,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Spartan Stores Inc), Loan and Security Agreement (Spartan Stores Inc)

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Minimum Excess Availability. The aggregate amount of the Excess Availability of Borrowers shall at all times be equal to or greater than the greater of (a) an amount equal to ten (10%) percent of the Total Borrowing Base and (b) $10,000,00080,000,000.

Appears in 2 contracts

Samples: Loan and Security Agreement (Spartan Stores Inc), Loan and Security Agreement (Nash Finch Co)

Minimum Excess Availability. The aggregate amount of the Excess Availability of Borrowers shall at all times be equal to or greater than $10,000,0001,000,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Universal Automotive Industries Inc /De/)

Minimum Excess Availability. The aggregate amount of the Excess Availability of Borrowers shall at all times be equal to or greater than $10,000,0003,000,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Pemstar Inc)

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Minimum Excess Availability. The aggregate amount of the Excess Availability (without giving effect to Qualified Cash) of Borrowers shall at all times be equal to or greater than $10,000,000an amount equal to ten (10%) percent of the Borrowing Base.

Appears in 1 contract

Samples: Loan and Security Agreement (Spartan Stores Inc)

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