AMOUNT AND AVAILABILITY Sample Clauses

AMOUNT AND AVAILABILITY all Libor Loans shall be drawn down in US Dollars in the minimum amounts set forth in Section 3.6 and shall be for a Libor Interest Period as selected pursuant to Section 5.1.2, subject to availability to each Lender, respectively;
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AMOUNT AND AVAILABILITY. During the Loan Availability Period Lender shall provide a non-revolving line of credit loan to Borrower in the maximum amount of the Real Estate Loan Amount (the "Real Estate Loan").
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AMOUNT AND AVAILABILITY. We agree, on the terms and conditions of this Agreement, that we may make Borrowings, pursuant to this Facility, from time to time in the manner hereinafter specified, provided that the sum of (i) the aggregate principal amount of all Borrowings shall not exceed $50,000,000. This Facility shall be available until the Termination Date.
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AMOUNT AND AVAILABILITY. On the Conversion Date, Lender shall provide a loan to Borrower in the maximum amount of $3,500,000.00 (the "TERM LOAN") to finance the outstanding balance of the draws advanced to Borrower under the Line of Credit Loan; provided, however, that the maximum amount of the loan advanced shall not exceed the Term Loan Amount.
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AMOUNT AND AVAILABILITY. Subject to and upon the terms and conditions of this Agreement, a Borrower may request Advances in Canadian Dollars or US Dollars in an aggregate outstanding amount not to exceed the Revolving Maximum Amount, less the aggregate face amount of Letters of Credit issued under the Letter of Credit Sublimit and the aggregate limits of the corporate credit cards issued to Borrower under the Credit Card Services Sublimit. Subject to the provisions of this Agreement, amounts borrowed pursuant to this Section 2.2(2) may be repaid and reborrowed at any time without penalty or premium prior to the Revolving Maturity Date, at which time all Advances under this Section 2.2(2) shall be immediately due and payable.
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Related to AMOUNT AND AVAILABILITY

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from July 25, 2016 through and including August 29, 2016, $10,000,000, (ii) as of any date of determination during the period from August 30, 2016 through and including October 6, 2016, $13,000,000, (iii) as of any date of determination during the period from October 7, 2016 through and including October 13, 2016, $17,500,000, and (iv) as of any date of determination during the period from October 14, 2016 through and including December 31, 2016, $20,000,000.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Maximum Credit Patheon's liability for Active Materials calculated in accordance with this Section 2.2 for any Product in a Year will not exceed, in the aggregate, the Maximum Credit Value set forth in Schedule D to a Product Agreement.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Product Availability The Insurance Companies have qualified the Products for offer and sale under the applicable insurance laws of various states and other jurisdictions. Producers and Registered Representatives shall solicit applications for the Products only in states and jurisdictions where such Products have been so qualified. Producers shall, upon request, be provided with a list of those states and jurisdictions in which the Products have been qualified for sale. The Insurance Companies shall file and make all statements or reports as are or may be required by the laws of such state or jurisdiction to maintain these qualifications in effect.

  • Availability Reserves All Revolving Loans otherwise available to Borrower pursuant to the lending formulas and subject to the Maximum Credit and other applicable limits hereunder shall be subject to Lender's continuing right to establish and revise Availability Reserves.

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Unused Revolving Line Facility Fee A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to one quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder; and

  • Line of Credit Amount (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Twelve Million Dollars ($12,000,000).

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