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 $5,000,000."

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Minimum Excess Availability. The Excess Availability of Borrower shall, at all times be equal to or greater than $5,000,0004,200,000."

Appears in 2 contracts

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

AutoNDA by SimpleDocs

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 $5,000,000times."”

Appears in 1 contract

Samples: And Security Agreement (Cobra Electronics Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.