Domestic Availability definition

Domestic Availability means, as of any date of determination thereof, the result, if a positive number, of:

Domestic Availability means the lesser of (a) or (b), where:

Domestic Availability has the meaning specified in the ABL Credit Agreement.

Examples of Domestic Availability in a sentence

• This debt is paid plus interest rate of 6% p.a. and adjusted by the General Price Index - Domestic Availability (IGP-DI), through monthly adjustments, with final maturity in 2028.

• The Domestic Swingline Lender shall not make any Domestic Swingline Loan if the requested Domestic Swingline Loan exceeds Domestic Availability (before giving effect to such Domestic Swingline Loan).

• At any time that there is sufficient Domestic Availability and the conditions precedent set forth in Section 4.02 have been satisfied, the Administrative Agent may request the Domestic Revolving Lenders to make a Domestic Revolving Loan to repay a Domestic Protective Advance.

• In the event that at any time Domestic Availability is less than twenty-five percent (25%) of the Total Loan Cap, any Agent may require that in addition to the two (2) physical inventories of raw materials, an additional physical inventory of all inventory be undertaken, at the expense of the Loan Parties, in the manner described above, during such twelve (12) month period.

• The aggregate amount of Non-Ratable Loans outstanding at any time shall not exceed the lesser of (a) $5,000,000 and (b) the Domestic Availability (before giving effect to such Non-Ratable Loan).

More Definitions of Domestic Availability

Domestic Availability means, with respect to the Domestic Loan Parties, at any time, an amount equal to (a) the lesser of (i) the total Domestic Revolving Commitment minus the total Canadian Revolving Exposure and minus the total Ex-Im Revolving Exposure and (ii) the Domestic Borrowing Base minus (b) the total Domestic Revolving Exposure of all Domestic Revolving Lenders.

Domestic Availability means, at any time, an amount equal to (a) the Domestic Maximum Borrowing Amount minus (b) the Aggregate Domestic Exposure.

Domestic Availability means, as of any date of determination, the sum of (a) Excess Availability, plus (b) the amount of Borrowers’ Unrestricted Domestic Cash up to $10,000,000.

Domestic Availability means, as of any date of determination thereof by the Agent, the result, if a positive number, equal to the lesser of (a)(i) the Domestic Loan Cap minus (ii) aggregate unpaid balance of the Domestic Total Outstandings, and (b)(i) the Loan Cap minus (ii) the Total Outstandings on such date.

Domestic Availability means, as of any date of determination, the sum of (a) Excess Availability, plus (b) the amount of Borrowers’ Unrestricted Domestic Cash up to $10,000,00012,000,000; provided the amount of Unrestricted Domestic Cash included in the calculation of Domestic Availability shall not exceed the amount of Excess Availability.

Domestic Availability means, at any time, an amount equal to (a) the Domestic Maximum Borrowing Amount, minus(b) the Aggregate Domestic Revolving Exposure, minus (c) the Aggregate Netherlands Exposure.

Domestic Availability the amount of additional money which Domestic Borrower is entitled to borrow from time to time as Domestic Revolving Credit Loans, such amount being the lesser of: