Minimum Undrawn Availability. Cause to be maintained at all times Undrawn Availability equal to or greater than ten percent (10%) of the Maximum Revolving Advance Amount; provided, however, that, no more than six (6) times per year, the failure to maintain Undrawn Availability equal to or greater than ten percent (10%) of the Maximum Revolving Advance Amount at any time shall not be deemed an Event of Default hereunder unless Undrawn Availability is less than ten percent (10%) for a period of up to three (3) consecutive Business Days (the “Grace Period”); provided, further, however, that in each period of forty-five (45) consecutive days, no more than one (1) Grace Period shall occur.
Minimum Undrawn Availability. Maintain at all times a minimum Undrawn Availability of not less than $5,000,000.
Minimum Undrawn Availability. Maintain Undrawn Availability of at least $3,000,000 at all times until receipt by Agent of Borrower’s June 30, 2022 Compliance Certificate.”
Minimum Undrawn Availability. Maintain Undrawn Availability of at least $3,000,000 at all times until receipt by Agent of Bxxxxxxx’s June 30, 2023 Compliance Certificate.”
Minimum Undrawn Availability. Maintain at all times Unsuppressed Undrawn Availability of not less than 17.5% of the Maximum Revolving Advance Amount which, as of the Seventh Amendment Effective Date, equals $41,758,500; provided, however, that compliance with this covenant shall cease to be required if the Compliance Certificates for the fiscal quarters ended June 30, 2023, September 30, 2023, December 31, 2023, March 31, 2024 and June 30, 2024 show compliance with the requirements of Sections 6.5 and 7.7 as of the end of such fiscal quarters.”
Minimum Undrawn Availability. The Loan Parties shall not permit Undrawn Availability (i) to be less than the greater of (a) ten percent (10%) of the Maximum Revolving Advance Amount or (b) $17,500,000, for any five (5) consecutive Business Days and (ii) to be less than six percent (6%) of the Maximum Revolving Advance Amount on any given day.
Minimum Undrawn Availability. Cause, suffer or permit Undrawn Availability plus cash on deposit at PNC to be less than: (1) Two Million Two Hundred Fifty Thousand ($2,250,000) Dollars as of March 31, 2009, or (2) Three Million Five Hundred Thousand ($3,500,000) Dollars as of June 30, 2009;
Minimum Undrawn Availability. Permit Undraw Availability (without giving effect to clause (iv) of the "Formula Amount" in Section 2.01) at any time to be less than an amount equal to $15,000,000 LESS the aggregate amount of proceeds received by Activision or Activision Holdings from the exercise of stock options since May 1, 2000."
Minimum Undrawn Availability. Maintain at all times Undrawn Availability of not less than (x) on or prior to January 31, 2005, $5,000,000, (y) from February 1, 2005 to and including February 10, 2005, $7,500,000, and (z) thereafter, $9,000,000.”
Minimum Undrawn Availability. Other than during the period from August 15 to November 15 in each year, permit Undrawn Availability at any time to be less than an amount equal to 5% of the Formula Amount. ARTICLE VII
