Common use of Minimum Availability Clause in Contracts

Minimum Availability. The Borrowers shall have Availability after giving effect to the initial extensions of credit under this Agreement and the payment of all fees and expenses required to be paid by the Borrowers on the Effective Date under this Agreement or the other Credit Documents of not less than $25,000,000. 5.06.

Appears in 2 contracts

Sources: Credit Agreement (Urban One, Inc.), Credit Agreement (Urban One, Inc.)

Minimum Availability. The Borrowers shall have Availability after giving effect to the initial extensions of credit under this Agreement and the payment of all fees and expenses required to be paid by the Borrowers on the Effective Date under this Agreement or the other Credit Documents of not less than $25,000,000. 5.0630,000,000.

Appears in 2 contracts

Sources: Credit Agreement (Urban One, Inc.), Credit Agreement (Urban One, Inc.)

Minimum Availability. The Borrowers Borrower shall have Availability after giving effect to the initial extensions of credit under this Agreement and the payment of all fees and expenses required to be paid by the Borrowers Borrower on the Effective Date under this Agreement or the other Credit Documents of not less than $25,000,000. 5.0610,000,000.

Appears in 1 contract

Sources: Credit Agreement (Radio One, Inc.)