Common use of Minimum Availability Clause in Contracts

Minimum Availability. Permit Availability at any time to be less than an amount equal to 10% of the then applicable Loan Cap.

Appears in 3 contracts

Samples: Credit Agreement (A.C. Moore Arts & Crafts, Inc.), Credit Agreement (A.C. Moore Arts & Crafts, Inc.), Credit Agreement (Nicole Crafts LLC)

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Minimum Availability. Permit Excess Availability at any time to be less than an amount equal to 107.5% of the then applicable Loan CapCap (the “Minimum Availability Block”).

Appears in 2 contracts

Samples: Credit Agreement (Iparty Corp), Credit Agreement (Iparty Corp)

Minimum Availability. Permit Excess Availability at any time to be less than an amount equal to 1015% of the then applicable Loan Cap.

Appears in 1 contract

Samples: Credit Agreement (Coldwater Creek Inc)

Minimum Availability. Permit Availability at any time to be less than an amount equal to the greater of (a) ten percent (10% %) of the then applicable Loan Cap, or (b) $5,000,000.

Appears in 1 contract

Samples: Credit Agreement (Torrid Inc.)

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Minimum Availability. Permit Availability at any time to be less than an amount equal to the greater of (a) ten percent (10% %) of the then applicable Loan Cap, or (b) $2,000,000.00.

Appears in 1 contract

Samples: Credit Agreement (Hamilton Beach Brands Holding Co)

Minimum Availability. Permit Availability at any time to be less than an amount equal to the greater of (x) 10% of the then applicable Loan CapCap or (y) $30,000,000.

Appears in 1 contract

Samples: Credit Agreement (Abercrombie & Fitch Co /De/)

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