Common use of Closing Availability Clause in Contracts

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 Parties’ Indebtedness (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 DateDate (including, without limitation, the Existing Indebtedness constituting Obligations hereunder) and, without duplication, the issuance of any Letters of Credit on the Effective Date, including the deemed issuance of Existing Letters of Credit, Date and the payment of all invoiced and reasonable fees and expenses due hereunder, and with all of the Loan Parties’ Indebtedness (other than Specified L/C Obligations)' indebtedness, liabilities, and obligations current (excludingcurrent, in each case, current accounts payable to the extent excluded from Indebtedness), U.S. Availability shall not be less than $125,000,00050,000,000.