Common use of Minimum Available Revolving Commitment Clause in Contracts

Minimum Available Revolving Commitment. For each of the months of January, February, May, June and July of each fiscal year, if the Leverage Ratio for such month is greater than 4.25 to 1.00 (each such month, a “Subject Month”), the Provider shall fail to maintain an Available Revolving Commitment (as defined in the Xxxx Credit Agreement) at all times during such Subject Month of at least $50,000,000.00 under the Xxxx Credit Agreement; unless, at all times any such failure is continuing with respect to any Subject Month, the Servicers shall prepare and forward to the Agent and each Financial Institution a Weekly Report for each week during such Subject Month.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Dean Foods Co)

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Minimum Available Revolving Commitment. For each of the months of January, February, May, June and July of each fiscal year, if the Leverage fifth amended and restated receivables purchase agreement Ratio for such month is greater than 4.25 to 1.00 (each such month, a “Subject Month”), the Provider shall fail to maintain an Available Revolving Commitment (as defined in the Xxxx Dxxx Credit Agreement) at all times during such Subject Month of at least $50,000,000.00 under the Xxxx Dxxx Credit Agreement; unless, at all times any such failure is continuing with respect to any Subject Month, the Servicers shall prepare and forward to the Agent and each Financial Institution a Weekly Report for each week during such Subject Month.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Dean Foods Co)

Minimum Available Revolving Commitment. For each of the months of January, February, May, June and July of each fiscal year, if the Leverage Ratio for such month is greater than 4.25 to 1.00 (each such month, a “Subject Month”), the Provider shall fail to maintain an Available Revolving Commitment (as defined in the Xxxx Credit Agreement) at all times during such Subject Month of at least $50,000,000.00 under the Xxxx Credit Agreement; unless, at all times any such failure is continuing with respect to any Subject Month, the Servicers shall prepare and forward to the Agent and each Financial Institution a Weekly Report for each week during such Subject Month.. FIFTH AMENDED AND RESTATED

Appears in 1 contract

Samples: Receivables Purchase Agreement (Dean Foods Co)

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Minimum Available Revolving Commitment. For each of the months of January, February, May, June and July of each fiscal year, if the Leverage Ratio for such month is greater than 4.25 to 1.00 (each such month, a “Subject Month”), the Provider shall fail to maintain an Available Revolving Commitment (as defined in the FIFTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT Xxxx Credit Agreement) at all times during such Subject Month of at least $50,000,000.00 under the Xxxx Credit Agreement; unless, at all times any such failure is continuing with respect to any Subject Month, the Servicers shall prepare and forward to the Agent and each Financial Institution a Weekly Report for each week during such Subject Month.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Dean Foods Co)

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