Minimum Availability Sample Clauses

Minimum Availability. Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.
AutoNDA by SimpleDocs
Minimum Availability. Permit Availability to be less than $1,000,000 at any time.
Minimum Availability. All part-time employees must be available to work for a minimum amount of time per week. This period includes at least two (2) evenings as of five o’clock (5:00 p.m.) until closing of the department on Wednesdays, Thursdays or Fridays as well as totally available on Saturdays and Sundays. Notwithstanding the foregoing, part-time employees who are students and who are unavailable for the minimum amount of time indicated in the previous paragraph must be available Saturday and Sunday, provided that this does not violate The Employment Standards Act.
Minimum Availability. Permit Availability at any time to be less than an amount equal to 10% of the then applicable Loan Cap.
Minimum Availability. The Borrower shall maintain, at all times, Availability of not less than $10,000,000.
Minimum Availability. The Credit Parties shall have at all times Excess Availability (without giving effect to any outstanding obligations referenced in clause (b) of the definition of Obligations) equal to the greater of (i) 12.5% of the then current weekly Borrowing Base and (ii) $6,000,000.
Minimum Availability. Borrower, at all times, shall maintain availability of not less than $300,000. "Availability" means $6,000,000 minus (a) the amount of outstanding Revolving Credit Loans, and (b) Reserves (as defined and determined pursuant to Section 1.1.1 of the Loan Agreement).
AutoNDA by SimpleDocs
Minimum Availability. The Borrower shall at all times maintain Availability in an amount no less than the greater of (i) ten percent (10%) of the Line Cap, or (ii) $20,000,000.
Minimum Availability. The Borrower shall cause the aggregate outstanding principal amount of the Advances to be less than 90% of the Borrowing Base at all times (the “Minimum Availability Requirement”).
Minimum Availability. The Company shall not permit the outstanding principal balance of the Loans plus the LC Exposure to exceed at any time the aggregate amount of the Commitments less $15,000,000.”
Time is Money Join Law Insider Premium to draft better contracts faster.