Interim Availability Amount definition

Interim Availability Amount means $6,000,000.

Interim Availability Amount has the meaning specified in Section 4.01(e). “Interim Order” means an order of the Bankruptcy Court entered in the Cases granting interim approval of the transactions involving the Debtors contemplated by this Agreement and the other Loan Documents and granting the Liens on the Collateral and the Superpriority Claims described in the preliminary statements to this Agreement in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit G hereto, and otherwise in form and substance reasonably satisfactory to the Administrative Agent and (to the extent of any material changes from Exhibit G) the Required Lenders.

Interim Availability Amount means $131,700,000 or such lesser amount approved by the Bankruptcy Court in the Interim Order.

Examples of Interim Availability Amount in a sentence

• The Debtors have prepared and delivered to the DIP Agent and the DIP Lenders a sources and uses, in form and substance acceptable to the Required Lenders (the “ Sources and Uses”), attached as Annex B to this Final DIP Order, setting forth all line-itemdisbursements (including all necessary and required expenses which the Loan Parties expect to incur and uses of proceeds of the Interim Availability Amount under the Facility).

• Prior to the Full Availability Date, after giving effect to the making of such Loan, (i) the aggregate amount of the Revolving Loans outstanding shall not exceed the Revolving Interim Availability Amount and (ii) the aggregate amount of the Term Loans outstanding shall not exceed the Term Interim Availability Amount.

• Before and after giving effect to the requested Advance, (a) the Loan Parties shall be in compliance with the Approved Budget, subject to any Permitted Variances, (b) the proposed use of the proceeds of the Advance is consistent with the Approved Budget, subject to any Permitted Variances, and (c) during the Interim Availability Period, the Revolving Loan Balance shall not exceed the Interim Availability Amount.

• This information had been requested by the Tribe in both DGWP-1 and -2, but is still missing in DGWP-3 and must be provided to complete an adequate review of the plan prior to approval.

• If, for any reason, (A) during the Interim Availability Period, the outstanding amount of the Loan (net of interest accrued for the then-current month) exceeds the Interim Availability Amount; or (B) at any other time prior to the Termination Date, the outstanding amount of the Loan (net of interest accrued for the then-current month) exceeds the Aggregate Commitment, then the WV-Debtors-in- Possession shall immediately repay an amount equal to such excess.

More Definitions of Interim Availability Amount

Interim Availability Amount means the lesser of (x) $15,000,000 and (y) the amount of Loans permitted to be outstanding pursuant to the Interim DIP Order during the Interim Availability Period.

Interim Availability Amount means a maximum amount of $250,000 outstanding at any time. For avoidance of any doubt, the amount is determined net of any reborrowings.

Interim Availability Amount means, until the Entry Date, the lesser of (a) $1,000,000 and (b) the amount authorized by the Bankruptcy Court in the Interim Order to be borrowed by Borrowers under this Agreement.

Interim Availability Amount means the lesser of (a) $102,000,000 and (b) such lower amount as the Bankruptcy Court may order.

Interim Availability Amount means, as of any date of determination, the lesser of (a) the sum of (x) $20,000,000 plus (y) the then applicable Existing LC Maximum Amount plus (z) the then applicable Day Club CapEx LC Maximum Amount and (b) such lower amount as the Bankruptcy Court may order.

Interim Availability Amount means, as of any date of determination (x) with respect to the Revolving Credit Facility, the lesser of (a) $533,000,000 and (b) such amount as the Bankruptcy Court may order or as may be agreed by the Required Lenders and the Borrower, (y) with respect to the Term Loan Facility, the lesser of (a) $700,000,000 and (b) such amount as the Bankruptcy Court may order or as may be agreed by the Required Lenders and the Borrower, and (z) with respect to the Delayed-Draw Term Facility, the lesser of (a) $1,100,000,000 and (b) such amount as the Bankruptcy Court may order or as may be agreed by the Required Lenders and the Borrower.

Interim Availability Amount means the lesser of (a) $75,000,000 and (b) the Aggregate Revolving Commitments; provided that if Consolidated EBITDA is at least $32,500,000 for each of the two most recently ended four fiscal quarter periods, then the “Interim Availability Amount” shall mean the Aggregate Revolving Commitments.