Closing Availability Sample Clauses

Closing Availability. After giving effect to all Borrowings to be made on the Effective Date and the issuance of any Letters of Credit on the Effective Date and payment of all fees and expenses due hereunder, and with all of the Loan PartiesIndebtedness, the BorrowersAvailability shall not be less than $500,000.
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit (or deemed issuance, in the case of Existing Letters of Credit) on the Effective Date and payment of all fees and expenses due hereunder, Availability shall not be less than $30,000,000.
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date, the issuance of any Letters of Credit on the Effective Date, including the deemed issuance of Existing Letters of Credit, and the payment of all fees and expenses due hereunder, and with all of the Loan PartiesIndebtedness (other than Specified L/C Obligations), liabilities, and obligations current (excluding, in each case, current accounts payable to the extent excluded from Indebtedness), Availability shall not be less than $125,000,000.
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date (other than Borrowings the proceeds of which will be applied to fund a portion of the purchase price of the Target Acquisition and fees and expenses related thereto), the issuance of any Letters of Credit on the Effective Date, the payment of all fees and expenses due hereunder, and with all of the Loan Partiesindebtedness, liabilities, and obligations current, Availability shall not be less than $110,000.000.
Closing Availability. After giving effect to all Borrowings to be made on the Second Amendment and Restatement Effective Date and the issuance of any Letters of Credit on the Second Amendment and Restatement Effective Date and payment of all fees and expenses due hereunder, and with all of the Loan Partiesindebtedness, liabilities, and obligations current, Availability shall not be less than $400,000,000.
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date and the issuance of any Letters of Credit on the Effective Date and payment of all fees and expenses due hereunder, and with all of the Loan Partiesindebtedness, liabilities, and obligations current, the Aggregate Availability shall not be less than $25,000,000 determined on a pro forma basis after giving effect to the Recapitalization Transactions and the Petro Acquisition and assuming (i) all accounts payable of the Borrowers and their subsidiaries have been paid in the ordinary course of business consistent with past business practice, (ii) no Property of the UK Borrower or the Eligible UK Subsidiaries are included in the calculation of Aggregate Availability, and (iii) the advance rate on Eligible Inventory is 65% under each of the borrowing base definitions herein.
Closing Availability. After giving effect to all Borrowings to be made on the Closing Date, the issuance of any Letters of Credit on the Closing Date and the payment of all fees and expenses due hereunder, and except to the extent otherwise contemplated by the Orders, with all of the Loan Partiesindebtedness, liabilities, and obligations current so long as permitted to be paid in accordance with the Approved Budget, the Availability shall not be less than $20,000,000.
Closing Availability. After giving effect to all Borrowings to be made on the Effective Date and payment of all fees and expenses due hereunder, and with all of the Loan Partiesindebtedness, liabilities, and obligations current, the BorrowersAvailability shall not be less than $15,000,000.
Closing Availability. After giving effect to any Borrowings to be made on the Amendment No. 2 Effective Date, the issuance of any Letters of Credit on the Amendment No. 2 Effective Date and the payment of all fees and expenses due hereunder, Availability shall not be less than $150,000,000.
Closing Availability. After giving effect to all Borrowings (as defined in the First Lien Credit Agreement) to be made on the Effective Date and the issuance of any Letters of Credit (as defined in the First Lien Credit Agreement) on the Effective Date and payment of all fees and expenses due hereunder, and with all of the Loan PartiesIndebtedness, liabilities, and obligations current, the Availability under the First Lien Credit Agreement shall not be less than $40,000,000.