Availability for Reborrowing Clause Samples

Availability for Reborrowing. Principal amounts repaid or prepaid under the Term Loan Facility prior to the Term Loan Maturity Date will not be available for reborrowing hereunder.
Availability for Reborrowing. Principal amounts repaid or prepaid under the Line of Credit Facility prior to the Line of Credit Maturity Date will be available for reborrowing pursuant to and in accordance with the terms hereof up to the Available Credit Portion.
Availability for Reborrowing. Principal amounts repaid or prepaid underwith respect to the Term Loan Facilities will not be available for reborrowing hereunder.
Availability for Reborrowing. Principal amounts repaid or prepaid under the Term Loan Facility prior to the Term Loan Maturity Date will not be available for reborrowing hereunder. Notwithstanding the foregoing, if at any time (a) Borrowers are required to make a prepayment under Section 1.1.6.5.b because of a decrease in Qualifying Collections and (b) after the date of such prepayment, the Available Credit Portion (as determined in accordance with a new borrowing base certificate) exceeds the principal indebtedness outstanding under the Term Loan Facility, then such principal amounts will be available for reborrowing hereunder prior to the Term Loan Maturity Date.