Common use of Minimum Borrowing Capacity Clause in Contracts

Minimum Borrowing Capacity. The Lender shall have received evidence satisfactory to it that Borrower has at least $2,000,000 of remaining availability under the Borrowing Base after the Revolving Credit Loans to be made on the Closing Date.

Minimum Borrowing Capacity. The Lender Bank shall have received evidence satisfactory to it that of a minimum borrowing capacity of the Borrower has at least of $2,000,000 of remaining availability under the Borrowing Base after the Revolving Credit Loans to be made on the Closing Date.