Common use of Closing Availability Clause in Contracts

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 Parties’ indebtedness, liabilities, and obligations current, Aggregate Availability shall not be less than $15,000,000.

Appears in 1 contract

Samples: Credit Agreement (Park Ohio Holdings Corp)

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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 Parties’ indebtedness, liabilities, and obligations current, Aggregate Availability shall not be less than $15,000,00025,000,000.

Appears in 1 contract

Samples: Credit Agreement (Park Ohio Industries Inc/Oh)

Closing Availability. After giving effect to all Borrowings to be made on the Effective Date and Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ indebtedness, liabilities, and obligations current, the Aggregate Availability shall not be less than $15,000,00070,000,000.

Appears in 1 contract

Samples: Credit Agreement (Winnebago Industries Inc)

Closing Availability. After giving effect to all Borrowings to be made on the Effective Date and Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ indebtedness, liabilities, and obligations current, the Aggregate Availability shall not be less than $15,000,00038,500,000.

Appears in 1 contract

Samples: Credit Agreement (Winnebago Industries Inc)

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Closing Availability. After giving effect to all Borrowings to be made on the Effective Date and Date, the issuance of any Letters of Credit on the Effective Date and the payment of all fees and expenses due hereunder, and with all of the Loan Parties’ indebtedness, liabilities, and obligations current, the Aggregate Availability shall not be less than $15,000,000.70,000,000. (e)

Appears in 1 contract

Samples: Credit Agreement (Winnebago Industries Inc)

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