Common use of Minimum Excess Availability Clause in Contracts

Minimum Excess Availability. The Excess Availability of Borrower shall, at all times be equal to or greater than $4,200,000."

Appears in 2 contracts

Sources: Loan and Security Agreement (Congoleum Corp), Loan and Security Agreement (American Biltrite Inc)

Minimum Excess Availability. The Excess Availability of Borrower shall, at all times be equal to or greater than $4,200,0005,000,000."

Appears in 2 contracts

Sources: Loan and Security Agreement (American Biltrite Inc), Loan and Security Agreement (Congoleum Corp)

Minimum Excess Availability. The Borrower will maintain, at all times, a minimum Excess Availability of Borrower shall, at all times be equal to or greater no less than $4,200,0005,000,000."

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)

Minimum Excess Availability. The Borrower shall have Excess Availability of Borrower shall, not less than $5,000,000 at all times be equal to or greater than $4,200,000times."”

Appears in 1 contract

Sources: Loan and Security Agreement (Cobra Electronics Corp)