Available Line definition

Available Line. Fifty Million Dollars ($50,000,000) through June 30, 2002 and Forty Million Dollars ($40,000,000) beginning on July 1, 2002."
Available Line. The definition of "Available Line" set forth in Section 16.0 of the Agreement is hereby amended in its entirety to read as follows:
Available Line set forth in Section 16.0 of the Agreement is hereby amended in its entirety to read as follows:

Examples of Available Line in a sentence

  • New products are listed in bold red.➔High-Speed Amplifiers (>50MHz)Voltage-Controlled Amplifiers DeviceVN (nV/√Hz)Bandwidth (MHz) (typ)Specified at VS (V)Number of ChannelsVariable Gain Range (dB)HiRel Available Line Drivers *Suggested resale price in U.S. dollars in quantities of 1,000.

  • Medical Expenses — Each parent is responsible for a percentage of all medical expenses not paid for by insurance in accordance with the Share of Total Net Available (Line 9).

  • For assistance, please direct enquiries as follows: - Applying for position vacancies, and transfer and promotion opportunities, 000-000-0000 or 000-000-0000 - Position discontinuance/layoff procedures, 000-000-0000 Please call the Positions Available Line (PAL) 000-000-0000 for information on support staff employment opportunities at The University of Manitoba.

  • At the time of signing this Amendment, Borrower shall pay to Lender $20,000, which is the Line Fee applicable to the increase in the Available Line.

  • During the period prior to the Conversion Date, the Company may, at its option, from time to time prepay all or any portion of the Revolving Credit Loans made from time to time hereunder, subject to the provisions of subsection 1.8, and the Company may reborrow from time to time hereunder amounts so paid up to the amount of the Available Line Commitment in effect at the time of reborrowing.

  • The owner shall provide proof that the letter was delivered by CertifiedU.S. Mail return receipt requested.

  • Available Line of CreditProposers shall indicate if they have available line(s) of credit to support their proposed operations specifically in Solano County.

  • NOTE 5 - LINE OF CREDIT An analysis of the line of credit with Wells Fargo Bank as of December 31, 1999 is shown below: Available Line Debt of Credit Outstanding --------------- -------------- $ 200,000 $ 145,601 =============== ============== Borrowings under the line of credit are guaranteed by the Company's equipment and accounts receivable.

  • Under the Line of Credit, subject to the terms and conditions hereof, the Company may borrow prior to the Conversion Date from time to time, from each Lender severally and not jointly, an aggregate principal amount at any time not in excess of such Lender's Percentage of the Available Line Commitment in effect on such date.

  • If at any time (whether prior to or after the Conversion Date) the aggregate outstanding principal amount of the Loans exceeds the Available Line Commitment, the Company will immediately repay the Notes, without penalty or premium, in an amount necessary to cause the outstanding principal amount of the Loans not to exceed the Available Line Commitment.


More Definitions of Available Line

Available Line. One Hundred and Fifteen Million Dollars ($115,000,000)"
Available Line. One hundred and fifty million dollars ($150,000,000) BORROWING BASE: the amount equal to the lesser of (i) the Available Line or (ii) the sum of (a) fifty percent (50%) of the Outstanding Principal Balance of all Contracts which are Credit Builder's Contracts and (b) eighty-two percent (82%) of the Outstanding Principal Balance of all other Eligible Contracts during the time they are included in the Borrowing Base pursuant to Section 3.1; provided however, that the advance against all other Eligible Contracts shall only be eighty-two percent (82%) through December 31, 1996. The advance against all other Eligible Contracts shall decrease one half percent (.5%) per month on the first day of January, February, March and April, 1997, so that the advance against all other Eligible Contracts will not exceed eighty percent (80%) by April 1, 1997. In the event that the FCF Collateral is released, then the advance against all other Eligible Contracts will be reduced by 3% at the time that the FCF Collateral is released and at all times thereafter.
Available Line. One Hundred Thirty Million Dollars ($130,000,000) until the earlier of (1) the sale after March 1, 2001 of assets (in a single sale or cumulatively in multiple sales), including a securitization, of more than Twenty-Five Million Dollars ($25,000,000), or (2) April 30, 2001; then One Hundred Million Dollars ($100,000,000) through July 31, 2001; then Seventy Five Million Dollars ($75,000,000) through January 1, 2002. For the purpose of determining the amount of a sale of assets consisting of Contracts, the sale amount shall be the greater of the Outstanding Principal Balance of the Contracts or the amount stated in the sale documents. Notwithstanding the forgoing, if at the time the Available Line is to be reduced from One Hundred Thirty Million Dollars ($130,000,000) to One Hundred Million Dollars ($100,000,000) the following conditions are not met (regardless of whether such time occurred before this Agreement was entered into), the Available Line will instead be reduced to Seventy Five Million Dollars ($75,000,000):
Available Line means the amount set forth in the “TVI CORPORATION - CASH FLOW FORECAST” on the Summary page in the First Budget (defined in Section 3(d) below and expressed for this definition as a positive number) and the Second Budget (defined in Section 3(d) below and expressed for this definition as a positive number), if the same is accepted by the Lender in accordance with Section 3(d) below. The Available Line is the Borrowers’ projection of the maximum Borrowing Base Deficiency for weekly periods.
Available Line. Forty Million Dollars ($40,000,000) through the sooner of: a) May 31, 2003; b) the reorganization, exchange, consolidation or merger of either the Borrower or any of the Guarantors or a similar transaction or series of related transaction in which fifty percent (50%) or more of the voting power of the Borrower or any of the Guarantors is disposed of, or a sale or other disposition (or series of sales or dispositions) of all or substantially all of the assets of the Borrower or any of the Guarantors; c) the termination of the Agreement and Plan of Merger (the "Merger Agreement") Among Consumer Portfolio Services, Inc., CPS Mergersub, Inc. and TFC Enterprises, Inc.; d) the failure of the stockholders of TFC Enterprises, Inc. to approve the Merger Agreement at the next annual or special meeting of shareholders; or e) the failure of or refusal by any regulatory body or other third party to consent to the transactions under the Merger Agreement that causes the agreement to terminate under any provision of Article 7 of same."

Related to Available Line

  • Available Liquidity means the credit balance on the DCA decreased by the amount of any processed reservations of liquidity or blocking of funds,

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Available Facility means the aggregate for the time being of each Lender’s Available Commitment.

  • Available Income means the Up-MACRO Available Income or the Down-MACRO Available Income, as applicable.

  • Available Revenues means all monies on deposit from time to time (including investment earnings thereon) in (a) the PILOTS Account; and (b) subject to annual appropriation, the EATS Account that have been appropriated to the repayment of TIF Notes, excluding (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the City which is the subject of a suit or other claim communicated to the City which suit or claim challenges the collection of such sum.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Available Unused Commitment means, with respect to a Revolving Facility Lender under any Class of Revolving Facility Commitments at any time, an amount equal to the Dollar Equivalent of the amount by which (a) the applicable Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the applicable Revolving Facility Credit Exposure of such Revolving Facility Lender at such time.

  • Other Available Shares means, as of any date, the sum of:

  • Cash Flow Available for Debt Service for any period, means (i) Cash Flow received during such period minus (ii) (A) all O&M Costs paid during such period and (B) if an Equity Cure has been made in any fiscal quarter during the period for which Cash Flow Available for Debt Service is calculated, the lesser of the aggregate amount of (x) such Equity Cure during such period and (y) the aggregate amount of cash distributions paid by the Company during such period.

  • Group 1 Available Funds As to any Distribution Date, the sum of (a) the aggregate amount held in the Collection Account at the close of business on the related Servicer Remittance Date and, without duplication, on deposit in the Distribution Account at the close of business of the related Distribution Account Deposit Date, attributable to the Group 1 Mortgage Loans net of (i) the Amount Held for Future Distribution related to the Group 1 Mortgage Loans, (ii) amounts related to the Group 1 Mortgage Loans permitted to be withdrawn from the Collection Account pursuant to clauses (i)-(viii) inclusive and clauses (ix)(a)(ii) and (iii), (ix)(b), (x) and (xi) of Section 3.10(a), (iii) after giving effect to all amounts deposited to the Distribution Account from the Collection Account, amounts related to the Group 1 Mortgage Loans permitted to be withdrawn from the Distribution Account pursuant to clauses (i)-(iv) inclusive of Section 3.10(b), and (iv) any Fair Market Value Excess, (b) the amount of the related Advances related to the Group 1 Mortgage Loans and (c) in connection with Defective Mortgage Loans in Loan Group 1, as applicable, the aggregate of the Purchase Prices and Substitution Adjustment Amounts deposited on the related Distribution Account Deposit Date.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Available Balance means, in relation to any Account, the aggregate of: (i) the balance in such Account in your favour of immediately available and freely transferable funds; and (ii) where we have granted you an overdraft facility or line of credit in respect of such Account, the limit of such overdraft facility or line of credit notified by us to you less the total amount payable by you to us with respect to such overdraft facility or line of credit.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Available Commitment means a Lender’s Commitment minus:

  • Available Spread Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Spread Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Spread Account made or to be made with respect to such date) and (b) the Required Spread Account Amount, in each case on such Transfer Date.

  • Available Tenor means, as of any date of determination and with respect to the then-current Benchmark, as applicable, any tenor for such Benchmark or payment period for interest calculated with reference to such Benchmark, as applicable, that is or may be used for determining the length of an Interest Period pursuant to this Agreement as of such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of “Interest Period” pursuant to clause (f) of Section 2.14.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Available Date means the date upon which Licensor notifies MSDH that the Software may be accessed on the Licensor’s ASP server and MSDH may begin acceptance testing.

  • Credit Available for Virtual Transactions means the Market Participant’s Working Credit Limit for Virtual Transactions calculated on its credit provided in compliance with its Peak Market Activity requirement plus available credit submitted above that amount, less any unpaid billed and unbilled amounts owed to PJMSettlement, plus any unpaid unbilled amounts owed by PJMSettlement to the Market Participant, less any applicable credit required for Minimum Participation Requirements, FTRs, RPM activity, or other credit requirement determinants as defined in Tariff, Attachment Q.

  • Group II Available Funds As defined in Section 7.3(a)(ii) hereof.

  • Available Credit means, at any time, (a) the then effective Revolving Credit Commitments minus (b) the aggregate Revolving Credit Outstandings at such time.

  • Available RP Capacity Amount means (i) the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 7.06(d), (g), (h) and (l) minus (ii) the sum of the amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (A) make Restricted Payments in reliance on Sections 7.06 (g), (h) or (l), (B) incur Liens pursuant to Section 7.01(bb), (C) make Investments pursuant to Section 7.02(n), (D) incur Indebtedness pursuant to Section 7.03(y) and (E) make prepayments, redemptions, purchases, defeasances and other payments in respect of Junior Financings prior to their scheduled maturity utilizing the Available RP Capacity Amount pursuant to Section 7.13 plus (iii) the aggregate principal amount of Indebtedness prepaid prior to or substantially concurrently at such time, solely to the extent such Indebtedness (A) was secured by Liens pursuant to Section 7.01(bb) or (B) was incurred pursuant to Section 7.03(y) and not secured pursuant to Section 7.01(bb) (it being understood that the amount under this clause (iii) shall only be available for use under Sections 7.01(bb) and/or 7.03(y), as applicable).

  • Class B Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) the Class B Floating Percentage of the Reallocated Investor Finance Charge Collections and (b) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class B Floating Percentage of the Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date.