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.

Revolving Credit Availability means, at any particular time, the amount by which the Maximum Revolving Credit Amount at such time exceeds the Revolving Credit Obligations at such time.

Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

Examples of Revolving Credit Availability in a sentence

For the avoidance of doubt, notwithstanding anything contained herein, the commitment of any L/C Issuer to act in its capacity as such cannot be extended beyond Revolving Credit Availability Period or increased without its prior written consent.
For the avoidance of doubt, the commitment of the Swing Line Lender to act in its capacity as such cannot be extended beyond the Revolving Credit Availability Period or increased without its prior written consent.

More Definitions of Revolving Credit Availability

Revolving Credit Availability means, as of any date, the difference between (a) an amount equal to the aggregate amount of the Commitments of the Revolving Credit Lenders on such date less (b) the total Revolving Credit Exposure of the Revolving Credit Lenders on such date.

Revolving Credit Availability means, as of any date, (a) the lesser of (i) the Total Revolving Credit Commitment or (ii) the Borrowing Base then in effect, each minus (b) the aggregate principal amount of all outstanding Revolving Loans and the Total Standby L/C Exposure.

Revolving Credit Availability means, as of any time the same is to be determined, the amount (if any) by which (a) the lesser of (1) the Borrowing Base as then determined and computed in accordance with this Agreement, and (2) the Commitments as then in effect, exceeds (b) the aggregate principal amount of Loans and L/C Obligations then outstanding.

Revolving Credit Availability means the Borrowing Base minus the outstanding principal amount of Revolving Loans and Swing Loans and L/C Obligations.

Revolving Credit Availability means, as of any time the same is to be determined, the amount (if any) by which (a) the lesser of (1) the Borrowing Base as then determined and computed in accordance with this Agreement and (2) the Revolving Credit Commitments as then in effect exceeds (b) the aggregate principal amount of Loans and L/C Obligations then outstanding.

Revolving Credit Availability means, at any particular time, an ----------------------------- amount equal to the Maximum Amount of Revolving Credit Obligations at such time minus the Revolving Credit Obligations outstanding at such time. -----