Additional Availability Amount definition

Additional Availability Amount means an amount equal to (i) $1,300,000 during the period commencing September 12, 2006 and ending October 26, 2006, (ii) $2,500,000 during the period commencing October 27, 2006 and ending December 2, 2006, (iii) $500,000 during the period commencing December 3, 2006 and ending December 30, 2006, and (iv) zero at all times on and after December 31, 2006.

Additional Availability Amount means (i) during the period commencing on May 25, 1999 and ending on July 31, 1999 an amount equal to $750,000 and (ii) at all times on and after August 1, 1999 an amount equal to zero.

Additional Availability Amount means, as of any date of determination, the lesser of (i) $25,000,000 less any reduction in this clause (i) of the Additional Availability Amount under Section 3.3 and (ii) 20% of the Net Amount of Eligible Accounts less any reduction in this clause (ii) of the Additional Availability Amount under Section 3.3.

Examples of Additional Availability Amount in a sentence

• In the event that there shall be Excess Cash Flow for any fiscal year (commencing with fiscal year 2012), so long as the Maximum Additional Availability Amount is greater than $0, Borrower shall, no later than ninety days after the end of such fiscal year, prepay the Obligations in an aggregate amount equal to the Proportionate Share of 75% of such Excess Cash Flow; provided, that, in no event shall any such prepayment exceed the Maximum Additional Availability Amount at such time.

• Any such utilization of the Additional Availability Amount shall be referred to herein as “Additional Availability Advances” and shall constitute Revolving Loans hereunder.

• The "Additional Availability Amount" means (i) during the period commencing on August 1, 1999 and ending on September 15, 1999, 1999 an amount equal to $750,000 and (ii) at all times on and after September 16, 1999 an amount equal to zero.

• Kapustin suggested a nice argument showing that dominating sets always exist.

• Notwithstanding the foregoing, Borrowers shall not be entitled to obtain Advances in excess of $65,000,000 unless prior to May 15, 2000, AMRESCO shall have delivered written notice to the Lenders (the "Availability Increase Notice") to elect to increase the availability under the Revolving Credit Facility by $10,000,000 (and not less than such amount) (the "Additional Availability Amount"), from $65,000,000 to $75,000,000.

More Definitions of Additional Availability Amount

Additional Availability Amount means, as of any date of determination, the result of the lower of

Additional Availability Amount means the sum of (a) the product of (i) 15% (or such lesser rate as determined from time to time by the Administrative Agent in its commercially reasonable discretion in accordance with Section 1.05) and (ii) the Appraised Value of all Eligible Real Estate (other than Eligible Real Estate consisting of the Principal Properties), plus (b) the product of (i) 15% (or such lesser rate as determined from time to time by the Administrative Agent in its commercially reasonable discretion in accordance with Section 1.05) and (ii) the Appraised Value of all Principal Properties; plus (c) during the period commencing on the Restatement Effective Date and ending on and including November 30, 2009, the lesser of

Additional Availability Amount means an amount equal to (i) $2,500,000 during the period commencing April 10, 2006 and

Additional Availability Amount means $5,000,000; provided, that the Additional Availability Amount shall be automatically and permanently reduced by an amount equal to $[ ] on the first day of each calendar month (commencing on [ ], 2015) until the Additional Availability Amount has been permanently reduced to an amount equal to zero on January 31, 2016).

Additional Availability Amount set forth in Section 1.1 of the Loan Agreement is hereby amended and restated in its entirety as follows:

Additional Availability Amount means, for the Availability Increase Period specified, (a) $3,000,000 from the Effective Date through and including the date which is the 60th day after the Effective Date, (b) $2,500,000 during the period from the date which is the 61st day after the Effective Date through and including the date which is the 90th day after the Effective Date and (c) $2,000,000 from the 91st day after the Effective Date through and including the Stated Termination Date; provided, however, that the Additional Availability Amount shall be reduced by $166,667 each month end commencing February 28, 2002 until it is zero.

Additional Availability Amount means, for the Availability Increase Period specified, (a) $3,000,000 from the Effective Date through and including the date which is the 60th day after the Effective Date, (b) $2,500,000 during the period from the date which is the 61st day after the Effective Date through and including the date which is the 90th day after the Effective Date, (c) $2,000,000 from the 91st day after the Effective Date through and including July 31, 2002; provided, however, that the Additional Availability Amount shall be reduced by $166,667 each month end commencing February 28, 2002 through and including July 31, 2002 and (d) $1,167,000 from August 1, 2002 through and including the Stated Termination Date; provided however, that the Additional Availability Amount shall be reduced by $233,000 each month end commencing on October 31, 2002 until the Additional Availability Amount is zero.