Common use of Revolver Credit Availability Clause in Contracts

Revolver Credit Availability. Revolver Credit Availability (as determined on a pro forma basis, with trade payables being paid currently, and expenses and liabilities being paid in the ordinary course of business and without acceleration of sales and after giving effect to the Preheat Acquisition) shall be at least $1,500,000 after giving effect to such Advance.

Appears in 1 contract

Samples: Credit Agreement (Omni Energy Services Corp)

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Revolver Credit Availability. Revolver Credit Availability (as determined on a pro forma basis, with trade payables being paid currently, and expenses and liabilities being paid in the ordinary course of business and without acceleration of sales sales, but in all cases after taking into account any fundings under the Revolver Credit Agreement on the date of the Preheat Acquisition Advance and after giving effect to the Preheat Acquisition) shall be at least $1,500,000 after giving effect to such Advance1,500,000.

Appears in 1 contract

Samples: Credit Agreement (Omni Energy Services Corp)

Revolver Credit Availability. Revolver Credit Availability (as determined on a pro forma basis, with trade payables being paid currently, and expenses and liabilities being paid in the ordinary course of business and without acceleration of sales and after giving effect to the Preheat Acquisition) shall be at least $1,500,000 after giving effect to such Advance1,500,000.

Appears in 1 contract

Samples: Credit Agreement (Omni Energy Services Corp)

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Revolver Credit Availability. Revolver Credit Availability (as determined on a pro forma basis, with trade payables being paid currently, and expenses and liabilities being paid in the ordinary course of business and without acceleration of sales sales, but in all cases after taking into account any fundings under this Agreement on the date of the Preheat Acquisition Advance and after giving effect to the Preheat Acquisition) shall be at least $1,500,000 after giving effect to such Advance1,500,000.

Appears in 1 contract

Samples: Credit Agreement (Omni Energy Services Corp)

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