Net Availability definition

Net Availability means, at any date, (a) the Availability for Revolving Credit Loans less (b) the aggregate principal amount of all outstanding Revolving Credit Loans.

Net Availability shall be calculated at any time as an amount equal to the Gross Availability minus the aggregate amount of all then-outstanding Obligations to Lender other than the then outstanding principal balance of the Term Loan, if any.

Net Availability means, as of the date of determination, the difference of (a) the lesser of (i) the Borrowing Base, or (ii) the Revolving Credit Commitment, minus (b) the sum of (i) the aggregate outstanding Revolving Loans, plus (ii) the Letter of Credit Usage.

Examples of Net Availability in a sentence

• The result represents the total net available hours of patrol officers, or the time in which they are on-duty and available to complete workloads and other activities in the field: The table below outlines this process in detail, outlining how each contributing factor is calculated: Factors Used to Calculate Patrol Net Availability 3 Filled positions only.

• Also, we would like to clarify the major updates are assumed to be detailed cost/complexity breakdown.

• The table below outlines this process in detail, outlining how each contributing factor is calculated:Factors Used to Calculate Detective Net Availability Work Hours Per YearThe total number of scheduled work hours for detectives, without factoring in leave, training, or anything else that takes detectives away from normal on-duty work.

• The Net Availability Payment (NAP) is due during the period starting on the Commencement Date and ending on the Expiry Date, or on such an earlier date as of which the Agreement ends.

• Net Availability of Ce Per capita net availabilityreals and Pu Edible oil (Kg.)lses Vanaspati (Kg.) 2001(P) 390.6 26.4 417.0 8.0 1.4 15.8* Pertains to the year 1955-56.(P) Provisional.Source: Economic Survey 2001-2002, Government of India.

More Definitions of Net Availability

Net Availability means, as of the date of determination, the difference of (a) the lesser of (i) the Borrowing Base, or (ii) the Revolving Credit Commitment, minus (b) the sum of (i) the aggregate outstanding Revolving Loans, plus (ii) the Letter of Credit Usage. Credit Agreement

Net Availability shall be calculated at any time as an amount equal to the Gross Availability minus the aggregate amount of all then-outstanding Obligations to Lender.

Net Availability means, as of any date of determination thereof, the amount (if any) by which the Availability at such time exceeds the sum of the Letter of Credit Exposure plus the aggregate outstanding principal balance of the Receivables Advances at such time.

Net Availability shall be calculated at any time as an amount equal to the Gross Availability minus the aggregate amount of all then-outstanding Obligations (including Accommodations other than Accommodations provided under Section 2.3(b)) to Lender.

Net Availability means, at any time, the aggregate amount of the Working Capital Revolving Loans and letter of credit accommodations available to Borrowers from Working Capital Lenders based on the applicable percentage (as in effect on the date hereof) of Eligible Accounts and Eligible Unbilled Accounts (as such terms are defined in the Working Capital Credit Agreement as in effect on the date hereof) set forth in the definition of Working Capital Borrowing Base after giving effect to any reserves from time to time established by the Working Capital Agent pursuant to the terms of the Working Capital Credit Agreement as such agreement is in effect on the date hereof or otherwise established by the Working Capital Agent.

Net Availability means, as of each date of determination, the aggregate principal amount then available to be borrowed under this Agreement minus the amount of the Operating Reserve.

Net Availability means, as of the time of determination, Gross Availability less the outstanding principal balance of the Restated Loan.