Closing Availability. After giving effect to all Borrowings to be made on the Third Restatement Date and the issuance of any Letters of Credit on the Third Restatement Date and payment of all fees and expenses due hereunder, and with all of the Loan Parties’ indebtedness, liabilities, and obligations current, Borrowing Base Availability shall not be less than $25,000,000.
Appears in 3 contracts
Samples: Credit Agreement (Systemax Inc), Credit Agreement (GLOBAL INDUSTRIAL Co), Credit Agreement (GLOBAL INDUSTRIAL Co)
Closing Availability. After giving effect to all Borrowings to be made on the Third Restatement Date and the issuance of any Letters of Credit on the Third Restatement Date and payment of all fees and expenses due hereunder, and with all of the Loan Parties’ indebtedness, liabilities, liabilities and obligations current, Borrowing Base the Borrowers’ Aggregate Availability shall not be less than $25,000,000500,000,000.
Appears in 2 contracts
Samples: Second Amendment (ODP Corp), Credit Agreement (Office Depot Inc)
