Unused Availability. The Loan Parties shall not permit Unused Availability at any time to be less than $10,000,000. At all such times during which the Borrowers have Unused Availability of less than $25,000,000, the Loan Parties shall not at any time permit Consolidated Net Worth to be less than the Base Net Worth.
Unused Availability. The Loan Parties shall not permit Unused Availability at any time to be less than $10,000,000.
Unused Availability. For the quarters ending December 31, 2003 through June 30, 2004, permit the Unused Availability to be less than US$25,000,000, where "Unused Availability" means the lesser of (i) the Total U.S. Dollar Revolving Credit Commitment plus the Total Canadian Dollar Credit Commitment and (ii) the amount by which the Borrowing Base exceeds the aggregate principal amount of all U.S. Dollar Loans then outstanding plus the then-current L/C Exposure plus the U.S. Dollar Equivalent of the aggregate principal amount of all Canadian Dollar Loans then outstanding plus the U.S. Dollar Equivalent of the then-current BA Exposure plus the unused portion of the Special Tranche for all Designated Picture that have not yet been Completed.
Unused Availability. The Borrower shall not permit Unused Availability (as reflected in the Borrowing Base Certificate most recently delivered from time to time hereunder) to be less than the Required Available Amount at any time that the most recently delivered quarterly Financial Statements show the Interest Coverage Ratio was greater than or equal to 1.25 to 1.00 for the four consecutive fiscal quarters ended on the date of such Financial Statements, and the Borrower shall not permit Unused Availability (as reflected on the Borrowing Base Certificate most recently delivered from time to time hereunder) to be less than $25,000,000 at any time that the most recently delivered quarterly Financial Statements show the Interest Coverage Ratio was less than 1.25 to 1.00 for the four consecutive fiscal quarters ended on the date of such Financial Statements.
Unused Availability. After giving effect to all Borrowings on the Closing Date and payment of all fees and expenses due hereunder, and with all of the Borrowers’ Indebtedness, liabilities, and obligations current, the Unused Availability shall not be less than $75,000,000.
Unused Availability. 8.1.3.1 Violation of Section 0 But Unused Availability Equals or Exceeds $5,000,000.
8.1.3.2 Unused Availability Is Less Than $5,000,000.
Unused Availability. On or before the Closing Date, Borrowers shall have delivered to Agent a Borrowing Base Certificate substantially in the form of EXHIBIT E annexed hereto, prepared as of a recent date prior to the Closing Date. After giving pro forma effect to the extensions of credit on the Closing Date, if any, and the payment of all costs, fees and expenses incurred by or for the account of the Borrowers in connection with the execution and delivery of this Credit Agreement and the other Credit Documents, there shall be Excess Availability of at least $35,000,000.
Unused Availability. If, at the end of any fiscal quarter (and after giving pro forma effect to the most recent scheduled mandatory amortization payment required under Section 3.01(b)), the unused borrowing availability under the Maximum Revolving Credit Amount plus the aggregate amount of the Borrower’s and its Consolidated Subsidiaries’ cash and Cash Equivalents on hand (other than cash in Cash Collateral Accounts and Excluded Cash), exceeds $22,000,000, then the Borrower shall make a mandatory prepayment of outstanding Term Loans on the last day of such fiscal quarter in an amount such that, after giving effect to such prepayment, the sum of the unused borrowing availability under the Maximum Revolving Credit Amount plus the aggregate amount of the Borrower’s and its Consolidated Subsidiaries’ cash and Cash Equivalents on hand does not exceed $20,000,000, and in the manner set forth in Section 3.03(d), (e), (f) and (g). 733476286 14464587
Unused Availability. The Borrower shall have Available Commitments of at least seventy-five percent (75%) of the Borrowing Base on the Closing Date after giving effect to the application of the proceeds of the Borrowings incurred on the Closing Date.
Unused Availability. The Borrower will at all times maintain not less than $4 million of unused availability under the Revolving Credit Commitments.”
