Minimum Excess Availability. Borrowers shall maintain minimum Excess Availability at all times of not less than the greater of (a) 10% of the Borrowing Base or (b) $40,000,000.
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Minimum Excess Availability. Borrowers shall maintain minimum Excess Availability at all times of not less than maintain Excess Availability equal to the greater of (a) ten percent (10% %) of the Borrowing Base or Maximum Credit and (b) $40,000,0007,500,000.
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Samples: Loan and Security Agreement (New York & Company, Inc.)
Minimum Excess Availability. Borrowers shall maintain minimum Excess Availability at all times maintain Excess Availability of not less than at least the amount equal to the greater of (a) ten (10% %) percent of the Borrowing Base or (b) $40,000,00015,000,000.
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Minimum Excess Availability. Borrowers shall maintain minimum Excess Availability at all times of not less maintain Excess Availability equal to or greater than the greater of (a) 10% $30,000,000 or (b) seven and one-half (7 1/2%) percent of the lesser of the Borrowing Base or (b) $40,000,000the Maximum Credit.
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Minimum Excess Availability. Borrowers shall maintain minimum Excess Availability at all times of not less than maintain Excess Availability equal to the greater of (a) ten percent (10% %) of the Borrowing Base or Revolving Loan Limit and (b) $40,000,0007,500,000.
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Samples: Loan and Security Agreement (RTW Retailwinds, Inc.)
Minimum Excess Availability. Borrowers shall maintain minimum Excess Availability at all times of not less than maintain Excess Availability equal to the greater of (a) ten percent (10% %) of the Borrowing Base or Revolving Loan Limit and (b) $40,000,000.7,500,000. 122
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Samples: Loan and Security Agreement (New York & Company, Inc.)
