Supplemental Availability Sample Clauses

Supplemental Availability. During the period between the Amendment Date and October 31, 2002 (the "End Date"), the Formula Amount, determined pursuant to Section 2.1(a) of the Credit Agreement shall be increased (such increase herein called "Supplemental Availability") as follows: by $500,000, initially; permanently reducing to $400,000, on August 1, 2002; permanently reducing further, to $300,000, on September l, 2002; and permanently reducing further, to zero (0), on the End Date; provided, however, that the otherwise then effective amount of Supplemental Availability as prescribed hereinabove shall be further and permanently reduced, dollar-for-dollar, by any of the following occurring between the Amendment Date and the End Date: (A) any payment received by Borrower in respect of any account receivable owing by, Rush Presbyterian on the Amendment Date, and (B) the proceeds of any equity offering made by Borrowers so long as and to the extent that, the amount derived from clauses (A) and (B), either individually or in the aggregate, exceeds $500,000; provided, further, that Supplemental Availability shall be permanently reduced to zero (0) on August 15, 2002, unless, on or before such date, the Borrower has obtained either (1) agreements in writing from at least three (3) of the four (4) holders of Seller Notes listed on Schedule "A" attached hereto rescheduling the Indebtedness scheduled to be paid to such holders thereunder on or about October 30, 2002, on terms satisfactory to the Agent and approved in writing by it, or (2) at least $2,000,000 in cash from any equity offering made during the period between the Third Amendment Date and the End Date, to be used, in part, to pay such Indebtedness.
AutoNDA by SimpleDocs
Supplemental Availability. To make her/himself available, a supplemental nurse must notify the nurse manager or designee (hereinafter "nurse manager") in writing by no later than schedule request deadline of the shifts s/he is offeringto be available to work during the period covered by the upcoming schedule. In the obstetrical or surgical (OR) areas, or in any other area which does not regularly schedule full- or part-time nurses to work 24 hours a day, seven days a week, supplemental nurses who are oriented/trained to such areas may also fulfill their tier's availability requirements by making themselves available for scheduled standby, with 24 hours of scheduled standbyequaling one available shift. If a supplemental nurse is not placed on the schedule in advance for all of his/her designated available shifts, the supplemental nurse must continueto be available to work the remainder of his/her designated available shifts until the shift start time.

Related to Supplemental Availability

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from June 24, 2016 through and including July 7, 2016, $10,000,000, (ii) as of any date of determination during the period from July 8, 2016 through and including September 29, 2016, $17,500,000, and (iii) as of any date of during the period from September 30, 2016 through and including December 31, 2016, $20,000,000.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Cost of Living Increase The Salary shall be increased in respect of each year during the Employment Period commencing on the Effective Date by a percentage equal to the percentage increase, if any, in the consumer price index, all items for Vancouver, as published by Statistics Canada under the authority of the Statistics Act (Canada) (the “CPI”), for the immediately preceding year.

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Product Availability Under no circumstances shall Company be responsible to Representative or anyone else for its failure to fill accepted orders, or for its delay in filling accepted orders, when such failure or delay is due to strike, accident, labor trouble, acts of nature, freight embargo, war, civil disturbance, vendor problems or any cause beyond Company's reasonable control.

  • Availability of Earnings Statements The Company shall make generally available to holders of its securities as soon as may be practicable but in no event later than the last day of the fifteenth (15th) full calendar month following the calendar quarter in which the most recent effective date occurs in accordance with Rule 158 of the Rules and Regulations, an earnings statement (which need not be audited but shall be in reasonable detail) for a period of twelve (12) months ended commencing after the effective date, and satisfying the provisions of Section 11(a) of the Act (including Rule 158 of the Rules and Regulations).

  • Closing Availability After giving effect to all Borrowings to be made on the Effective Date and the issuance of any Letters of Credit on the Effective Date and payment of all fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness, the Borrowers’ Availability shall not be less than $500,000.

  • Maximum Consolidated Capital Expenditures Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year, in an aggregate amount for Holdings and its Subsidiaries in excess of $125,000,000; provided, such amount for any Fiscal Year shall be increased by an amount equal to the excess, if any (but in no event more than $62,500,000), of such amount for the immediately preceding Fiscal Year (with the above scheduled amount for any Fiscal Year being used prior to any amount carried over from the preceding Fiscal Year) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year; provided, further, so long as no Default shall have occurred and being continuing or would result therefrom, Holdings and its Subsidiaries may also make Consolidated Capital Expenditures in an amount not to exceed the Cumulative Growth Amount immediately prior to the making of such Consolidated Capital Expenditures (but the amount of Consolidated Capital Expenditures made from the Cumulative Growth Amount in any Fiscal Year shall not exceed 50% of the above scheduled amount of Consolidated Capital Expenditures that would have otherwise been permitted to made in such Fiscal Year pursuant to this Section 6.7(c)); and provided, further that for each Permitted Acquisition consummated in any Fiscal Year and, if consummated, the SDI Acquisition in the Fiscal Year ending December 31, 2011, the maximum amounts set forth above for such Fiscal Year and for every Fiscal Year thereafter shall be increased by an amount equal to 110% of the quotient obtained by dividing (A) the amount of Consolidated Capital Expenditures made by the acquired Person or business for the thirty-six month period immediately preceding the consummation of such Permitted Acquisition or SDI Acquisition as determined by the financial statements for such acquired Person or business by (B) three (3).

Time is Money Join Law Insider Premium to draft better contracts faster.