Common use of MINIMUM DAY ONE AVAILABILITY Clause in Contracts

MINIMUM DAY ONE AVAILABILITY. After giving effect to any Revolving Credit Loans to be made or otherwise outstanding on the Restatement Effective Date; all then held checks (if any); accounts payable which are overdue by more than Fifteen (15) days beyond credit terms then accorded the Borrowers; overdrafts; any charges to the Loan Account made in connection with the credit facility contemplated hereby; and L/Cs to be outstanding as of or issued on or immediately subsequent to, the Restatement Effective Date, Availability shall not be less than $35,000,000.

MINIMUM DAY ONE AVAILABILITY. After giving effect to any Revolving Credit Loans to be made or otherwise outstanding on the Restatement Effective Date; all then held checks (if any); accounts payable which are overdue by more than Fifteen (15) days beyond credit terms then accorded the BorrowersBorrower; overdrafts; any charges to the Loan Account made in connection with the credit facility contemplated hereby; and L/Cs to be outstanding as of or issued on or immediately subsequent to, the Restatement Effective Date, Availability shall not be less than $35,000,00020,000,000.

MINIMUM DAY ONE AVAILABILITY. After giving effect to any Revolving Credit Loans to be made or otherwise outstanding on the Restatement Effective Date; all then held checks (if any); accounts payable which are overdue by more than Fifteen (15) days beyond credit terms then accorded the BorrowersBorrower; overdrafts; any charges to the Loan Account made in connection with the credit facility contemplated hereby; and L/Cs to be outstanding as of or issued on or immediately subsequent to, the Restatement Effective Date, Availability shall not be less than $35,000,00030,000,000.

MINIMUM DAY ONE AVAILABILITY. After giving effect to any Revolving Credit Loans to be made or otherwise outstanding on the Restatement Effective Date; all then held checks (if any); accounts payable which are overdue by more than Fifteen (15) days beyond credit terms then accorded the BorrowersBorrower; overdrafts; any charges to the Loan Account made in connection with the credit facility contemplated hereby; and L/Cs to be outstanding as of or issued on or immediately subsequent to, the Restatement Effective Date, Availability shall not be less than $35,000,00025,000,000.