Total Availability Sample Clauses

Total Availability. The Total Availability shall be equal to the lesser of:
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Total Availability. Subject to the terms and conditions of this Agreement and prior to the Maturity Date, Advances under the Current Asset Commitment may be repaid and reborrowed from time to time on a revolving basis.
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Total Availability. The Borrowers will maintain at all times Total Availability (after giving effect to any Pending Revolving Loans) of not less than the sum of (i) $2,000,000 PLUS (ii) as of any date of determination, the Borrowers' mark-to-market swap exposure (as determined by the Agent on x xeekly basis) under all Hedge Agreements as of such date; PROVIDED, HOWEVER, that (a) for the 15 days preceding the date of any payment of interest with respect to amounts outstanding under the Senior Notes, average Total Availability (after giving effect to any Pending Revolving Loans) shall be not less than $8,000,000 on a pro forma basis after giving effect to such payment, (b) for the 15 days preceding the date of any payment of principal with respect to the IRB Financing, average Total Availability (after giving effect to any Pending Revolving Loans) shall be not less than $6,000,000 on a pro forma basis after giving effect to such payment and (c) solely for purposes of this Section Agent Advances shall be excluded from the calculation of Total Availability to the extent that Agent Advances are made no more than two (2) times per calendar year, each Advance is outstanding no more than 30 days and no more than $750,000 is advanced in any calendar year.
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Total Availability. After giving effect to all the extensions of credit under the Facilities on the Closing Date the aggregate Total Availability under the Facilities (without regard to any interim reduction in commitment amounts) less all the outstanding Loans and Letters of Credit shall be in excess of $60,000,000. 80 Credit Agreement EXIDE TECHNOLOGIES
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Total Availability. Outstanding Balances Lender GE Total
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Total Availability. The total direct drawings, letters of credit and Bankers' Acceptance shall not, at any one time, exceed the Revolving Credit Commitment.
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Total Availability. The words “Total Availability” mean, as at any time, the sum of the Domestic Availability at such time plus the Ex-Im Availability at such time.
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Total Availability. (Section 2.01 of the ------------------ Subordinate Credit Agreement) Required by the Subordinate Credit Agreement: The aggregate amount of all outstanding advances under the Subordinate Credit Agreement at any one time may not exceed the lesser of the aggregate Commitments under the Subordinate Credit Agreement at such time or the Total Availability at such time. The Adjusted Net Worth as of the date of this Compliance Certificate is as set forth in (f) below, based on the following calculation: (a) The Parent's and the Parent's Subsidiaries Consolidated Adjusted EBITDA for the Rolling Period ending , equals: $__________ (b) Line (a) above multiplied by (i) on or before December 31, 1998, six (6), and (ii) after December 31, 1998, five (5), equals: $__________ (c) All Indebtedness of the Parent and its outstanding as of such date, including without Subsidiaries limitation, the Senior Obligations, Secured Recourse Indebtedness and Secured Non-Recourse Indebtedness equals: $__________ (d) Line (b) above minus Line (c) above equals: $__________ (e) issued under the Agreement equals: The aggregate face amount of all Letters of Credit $__________ (f) Total Availability equals Line (d) above minus (e) above: Line $__________ 3.
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Total Availability. After giving effect to all the extensions of credit under the Facilities on the Closing Date the aggregate Total Availability LESS all the outstanding Loans and Letters of Credit under the Revolving Credit Facilities shall be not less than $25,000,000 in the aggregate under both of the Revolving Credit Facilities, of which (x) there shall not be less than $10,000,000 in US Availability and (y) there shall not be less than $10,000,000 in Foreign Availability.
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Related to Total Availability

  • RDDS availability Refers to the ability of all the RDDS services for the TLD, to respond to queries from an Internet user with appropriate data from the relevant Registry System. If 51% or more of the RDDS testing probes see any of the RDDS services as unavailable during a given time, the RDDS will be considered unavailable.

  • High Availability Registry Operator will conduct its operations using network and geographically diverse, redundant servers (including network-­‐level redundancy, end-­‐node level redundancy and the implementation of a load balancing scheme where applicable) to ensure continued operation in the case of technical failure (widespread or local), or an extraordinary occurrence or circumstance beyond the control of the Registry Operator. Registry Operator’s emergency operations department shall be available at all times to respond to extraordinary occurrences.

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

  • General Availability The commitment to availability specified in the letter of appointment shall be subject to mutually acceptable revision. Such revision will occur once per year, or, if mutually agreed between the Employer and the employee, on a more frequent basis. The Employer will issue a revised letter of appointment to reflect approved changes to employee’s general 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 July 25, 2016 through and including August 29, 2016, $10,000,000, (ii) as of any date of determination during the period from August 30, 2016 through and including October 17, 2016, $13,000,000, (iii) as of any date of determination during the period from October 18, 2016 through and including October 31, 2016, $17,500,000, and (iv) as of any date of determination during the period from November 1, 2016 through and including December 31, 2016, $20,000,000.

  • System Availability Although we will try to provide continuous access to the Service, we cannot and do not guarantee that the Service will be available 100% of the time and will not be liable in the event Service is unavailable. Actual service or network performance is dependent on a variety of factors outside of our control. If you notify us within twenty-four (24) hours and we confirm an outage consisting of a period of two (2) hours in any calendar month, and not due to any service, act, or omission of you, a third party, your applications, equipment or facilities, or reasons outside of our control, you shall be eligible for a service credit. A service credit shall be computed as a pro-rated charge for one day of the regular monthly fees for the Service in the next monthly statement. Intermittent service outages for periods of less than two (2) hours are not considered service outages. Outages caused by routine scheduled maintenance are also not considered an outage. You shall receive advance notice no less than forty-eight (48) hours in advance of our scheduled maintenance. Scheduled maintenance will be performed between 12:00 a.m. and 6:00 a.m. CST.

  • FUNDING AVAILABILITY This Contract is contingent upon the continued availability of funding. If funds become unavailable through the lack of appropriations, legislative or executive budget cuts, amendment of the Appropriations Act, state agency consolidation or any other disruptions of current appropriations, DFPS will reduce or terminate this Contract.

  • 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.

  • Service Availability You understand that Service availability is at all times conditioned upon the corresponding operation and availability of the communication systems used in communicating your instructions and requests to the Credit Union. We will not be liable or have any responsibility of any kind for any loss or damage thereby incurred by you in the event of any failure or interruption of such communication systems or services resulting from the act or omission of any third party, or from any other cause not reasonably within the control of the Credit Union.

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

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