Undrawn Availability Sample Clauses

Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;
AutoNDA by SimpleDocs
Undrawn Availability. After giving effect to the initial Advances hereunder, Borrower shall have Undrawn Availability of at least $1,000,000 (without giving effect to the $250,000 set forth in Section 2.1(a)(iii) hereof);
Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $15,000,000 as evidenced by a Borrowing Base Certificate delivered to Administrative Agent;
Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $3,000,000;
Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least Five Million and 00/100 Dollars ($5,000,000.00);
Undrawn Availability. Immediately after giving effect to the proposed Credit Extension, the Total Revolving Exposure shall not exceed the Total Availability at such time. Each of the delivery of a Borrowing Request or notice requesting the issuance, amendment, extension or renewal of a Letter of Credit and the acceptance by the Borrowers of the proceeds of such Credit Extension shall constitute a representation and warranty by each Borrower and each other Loan Party that on the date of such Credit Extension (both immediately before and after giving effect to such Credit Extension and the application of the proceeds thereof) the conditions contained in this Section 4.02 have been satisfied. The Borrowers shall provide such information (including calculations in reasonable detail of the covenants in Section 6.10) as the Agent may reasonably request to confirm that the conditions in this Section 4.02 have been satisfied.
Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least three million dollars ($3,000,000), as evidenced by a Borrowing Base Certificate;
AutoNDA by SimpleDocs
Undrawn Availability. After giving effect to the Advances made by the Revolving Loan Lenders on the Closing Date, the Borrowers shall have Undrawn Availability of at least $30,000,000;
Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability (after payment of all fees and transaction expenses in connection with the Loan Documents, and subtraction of all trade payables aged beyond 60 days past due) of at least $5,500,000; and
Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability on the Closing Date of at least $2,000,000;
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!