Reduction of Availability. Availability under the Revolving Credit Facility will be reduced by the total outstanding undrawn amount of all Letters of Credit.
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Samples: Loan and Security Agreement (Intest Corp), Loan and Security Agreement (Berger Holdings LTD), Loan Agreement (K Tron International Inc)
Reduction of Availability. Availability under the Revolving Credit Facility will be reduced by the total outstanding undrawn amount of all Letters of Credit, provided that, the Borrowing Base shall include an advance rate for certain Merchandise Letters of Credit as set forth in SECTION 2.3(D).
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Reduction of Availability. Availability under the Revolving ------------------------- Credit Facility will be reduced by the total outstanding undrawn amount of all Letters of Credit.
Appears in 1 contract
