Common use of Accessible Borrowing Availability Clause in Contracts

Accessible Borrowing Availability. If at any time after the Closing Date and during the Testing Period, the Accessible Borrowing Availability is less than $0, the Borrower shall, within five (5) Business Days, prepay the Loans in an amount necessary so that the Accessible Borrowing Availability is greater than $0 (such prepayment to be applied as set forth in clause (viii) below).

Appears in 3 contracts

Sources: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)