Common use of Minimum Excess Borrowing Base Availability Clause in Contracts

Minimum Excess Borrowing Base Availability. Pursuant to Section 5.2(c) of the Credit Agreement, the current Excess Borrowing Base Availability [$ ], which o satisfies o does not satisfy the requirement Company maintain an Excess Borrowing Base Availability of at least $5,000,000.

Appears in 2 contracts

Samples: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)

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Minimum Excess Borrowing Base Availability. Pursuant to Section 5.2(c5.2(d) of the Credit Agreement, the current Excess Borrowing Base Availability [$ ], which o satisfies o does not satisfy the requirement Company maintain has maintained an average minimum Excess Borrowing Base Availability of [$ ] during the calendar month, and has o satisfied o not satisfied the requirement that Company maintain a minimum Excess Borrowing Base Availability of not less than $3,000,000 at least $5,000,000all times.

Appears in 2 contracts

Samples: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)

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