Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the Revolving Loan plus the Letter of Credit Reserve by at least $12,000,000.
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Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the Revolving Loan plus the Letter of Credit Reserve by at least $12,000,000.25,000,000
Appears in 1 contract
Sources: Loan and Security Agreement (Sun Healthcare Group Inc)
Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the principal balance of the Revolving Loan Loans plus the Letter of Credit Reserve by at least $12,000,00020,000,000.
Appears in 1 contract
Sources: Loan and Security Agreement (Uniforce Temporary Personnel Inc)
Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers Borrower of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the Revolving Loan plus the Letter of Credit Interest Reserve by at least $12,000,0002,000,000.
Appears in 1 contract
Sources: Loan and Security Agreement (Continental Information Systems Corp)
Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers Borrower of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the principal balance of the Revolving Loan Loans plus the Letter of Credit Reserve by at least $12,000,0001,000,000.
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Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date closing date and the payment by Borrowers Borrower of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date closing date shall exceed the requests for Revolving Loan plus the Letter of Credit Reserve Advances on such date by at least $12,000,000170,000.00.
Appears in 1 contract
Sources: Loan and Security Agreement (Greenman Technologies Inc)
Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the Revolving Loan plus the Letter of Credit Reserve by at least $12,000,00020,000,000.
Appears in 1 contract
Sources: Loan and Security Agreement (Sun Healthcare Group Inc)
Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the Revolving Loan plus the Letter of Credit Reserve Liability by at least $12,000,0002,000,000.
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Closing Date Availability. After giving effect to the consummation ------------------------- of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers Borrower of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the principal balance of the Revolving Loan plus the Letter of Credit Reserve by at least $12,000,0001,000,000.
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Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the principal balance of the Revolving Loan plus the Letter of Credit Reserve Loans by at least $12,000,0001,500,000.
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Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date closing date and the payment by Borrowers Borrower of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date closing date shall exceed the requests for Revolving Loan plus the Letter of Credit Reserve Advances on such date by at least $12,000,0002,000,000.00 including cash on hand, after giving effect to the payment of all fees, costs, and expenses associated with the closing of this transaction and the sale of Bliss and HRS.
Appears in 1 contract
Closing Date Availability. After giving effect to the consummation of the transactions contemplated hereunder on the Closing Date and the payment by Borrowers Borrower of all costs, fees and expenses relating thereto, the Maximum Revolving Loan Amount on the Closing Date shall exceed the Revolving Loan plus the Letter of Credit Reserve by at least $12,000,0002,000,000.
Appears in 1 contract
Sources: Loan and Security Agreement (Belding Heminway Co Inc /De/)