Common use of Closing Date Availability Clause in Contracts

Closing Date Availability. After giving effect to the initial fundings hereunder and the Related Transactions, there shall be no Revolving Credit Outstandings, other than (i) L/C Obligations not to exceed $7,731,821 and (ii) Revolving Credit Outstandings the proceeds of which are being used for the purpose of paying fees, costs and expenses associated with this Agreement to the extent permitted pursuant to Section 7.9.

Closing Date Availability. After giving effect to the initial fundings hereunder and the Related Transactions, there shall be no Revolving Credit Outstandings, other than (i) L/C Obligations not to exceed $7,731,821 and (ii) Revolving Credit Outstandings the proceeds of which are being used for the purpose of paying fees, costs and expenses associated with this Agreement to the extent permitted pursuant to Section 7.910,000,000.