Committed Availability definition

Committed Availability means, as the date of determination, an amount equal to the Revolving Line minus all outstanding Credit Extensions.
Sample 1Sample 2Sample 3
Committed Availability means, as the date of determination, an amount equal to the Availability Amount.
Sample 1Sample 2Sample 3
Committed Availability means, as the date of determination, an amount equal to the sum of the Revolving Line minus all outstanding Credit Extensions.
Sample 1Sample 2Sample 3

Examples of Committed Availability in a sentence

  • Borrower’s unrestricted cash and cash equivalents at Bank or Bank’s affiliates plus the Committed Availability of at least Fifteen Million Dollars ($15,000,000.00).

  • Borrowers’ unrestricted cash and Cash Equivalents plus the Committed Availability of at least $5,000,000.

  • Applicants will submit their completed applications to the Contractor on-line or via mail.

  • Borrower’s unrestricted cash at Bank plus the Committed Availability of at least Seven Hundred Fifty Thousand Dollars ($750,000.00).

  • Unrestricted cash and Cash Equivalents plus Committed Availability (“Liquidity”) of at least $8,000,000.

  • From and after the earlier of (i) the date of the initial Equipment Advance or (ii) the date of the closing of the IPO, unrestricted cash and Cash Equivalents plus the Committed Availability of at least Two Million Dollars ($2,000,000).

  • Borrower’s consolidated unrestricted cash and Cash Equivalents plus Committed Availability of at least Five Hundred Thousand Dollars ($500,000).

  • Fxxxxx Mae also shall monitor and measure Committed Availability (as defined in Exhibit B) and Incident resolution and other support Performance Levels.

  • Unrestricted cash at Bank plus Committed Availability of not less than Two Million Dollars ($2,000,000).

  • Borrowers' aggregate unrestricted cash and Cash Equivalents at Bank or Bank's Affiliates plus Committed Availability ("LIQUIDITY") of at least $7,500,000.


More Definitions of Committed Availability

Committed Availability means, as the date of determination, an amount equal to the sum of the Availability Amount minus all outstanding Credit Extensions.
Sample 1
Committed Availability means, as the date of determination, an amount equal to the sum of (a) the Revolving Line minus (b) the amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit plus an amount equal to the Letter of Credit Reserves), minus (c) the FX Reserve, and minus (d) the outstanding principal balance of any Advances (including any amounts used for Cash Management Services).
Sample 1
Committed Availability means, as the date of determination, an amount equal to (a) the lesser of (i) the Revolving Line and (ii) the Borrowing Base, minus (b) all outstanding Credit Extensions.”
Sample 1
Committed Availability means, as the date of determination, an amount equal to the Borrowing Base MINUS all outstanding Credit Extensions.
Sample 1
Committed Availability means, as the date of determination, an amount equal to the sum of the Revolving Line minus all outstanding Advances under the Revolving Line.
Sample 1

Related to Committed Availability

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

  • Maximum Availability means, as of any date of determination, the difference of (i) the Facility Amount minus (ii) the balance of all unfunded Advances approved but not yet funded minus (iii) the Aggregate Unfunded Amount plus (iv) all amounts on deposit in the Unfunded Exposure Account, each as of such date of determination.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount, or (ii) the Maximum Revolving Advance Amount, minus the Maximum Undrawn Amount of all Letters of Credit, minus (b) the sum of (i) the outstanding amount of Revolving Advances, plus (ii) amounts due and owing to any Borrower’s trade creditors which are outstanding sixty (60) days or more past the due date thereof.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Canadian Availability means (a) the lesser of (x) the Canadian Sublimit and (y) the sum of (i) the Canadian Borrowing Base plus (ii) solely to the extent the total Revolving Exposure relating to the Canadian Borrower exceeds the Canadian Borrowing Base, the US Availability (calculated without giving effect to any Canadian US Borrowing Base Utilization), minus (b) the total Revolving Exposure relating to the Canadian Borrower.

  • 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.

  • Availability Block means $15,000,000.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • System Availability for each System is calculated as follows:

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Average Availability means, with respect to any period, the sum of the aggregate amount of Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Suppressed Availability means, at any time, an amount equal to the amount (if any, but in no event less than zero) by which the Borrowing Base exceeds the aggregate Revolving Commitments at such time.