Common use of Closing Minimum Excess Availability Clause in Contracts

Closing Minimum Excess Availability. After giving effect to all Borrowings to be made on the Closing Date and the issuance of any Letters of Credit on the Closing Date, Excess Availability shall be not less than $135,000,000.

Appears in 1 contract

Sources: Abl Credit Agreement (Navistar International Corp)

Closing Minimum Excess Availability. After giving effect to all Borrowings to be made on the Closing Date and the issuance of any Letters of Credit on the Closing Date, Excess Availability shall be not less than $135,000,00050,000,000.

Appears in 1 contract

Sources: Abl Credit Agreement (Navistar International Corp)

Closing Minimum Excess Availability. After giving effect to all Borrowings to be made on the Closing Date and the issuance of any Letters of Credit on the Closing Date, Excess Availability shall be not less than $135,000,000100,000,000.

Appears in 1 contract

Sources: Abl Credit Agreement (Navistar International Corp)