Reductions in Availability Sample Clauses

Reductions in Availability. Notwithstanding the principal amount set forth above, the maximum principal amount available under this Note shall be reduced automatically and without further notice on: (i) October 1, 2003, by the amount of One Hundred Seventy-Five Thousand Dollars ($175,000.00) and (ii) January 1, 2004, by the amount of Five Hundred Thousand Dollars ($500,000.
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Reductions in Availability. 13 3.8 Fees.......................................................................................14 3.9
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Reductions in Availability. Notwithstanding the principal amount set forth above, the maximum principal amount available under this Note shall be reduced automatically and without further notice on the date each mandatory prepayment is due under the terms of Section 1.4 the Credit Agreement by the amount of such mandatory prepayment. The maximum principal amount available under this Note shall not be reduced solely by reason of prepayments required under the terms of Section 1.7 of the Credit Agreement. If the outstanding principal balance of this Note on any such date is greater than the new maximum principal amount then available hereunder, Borrower shall make a principal reduction on this Note on such date in an amount sufficient to reduce the then outstanding principal balance hereof to an amount not greater than said new maximum principal amount.
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Reductions in Availability. Notwithstanding the principal amount set forth above, the maximum principal amount available under this Note shall be reduced automatically and without further notice on the last day of each calendar quarter, commencing September 30, 2002, by the amount of One Hundred Seventy-Five Thousand Dollars ($175,000.00). If the outstanding principal balance of this Note on any such date is greater than the new maximum principal amount then available hereunder, Borrower shall make a principal reduction on this Note on such date in an amount sufficient to reduce the then outstanding principal balance hereof to an amount not greater than said new maximum principal amount.
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Reductions in Availability. Notwithstanding the principal amount set forth in Section 2.1(a) above, the maximum principal amount available under the Revolving Line of Credit shall be reduced automatically and without further notice from and after June 30, 2008 by the amount of Three Million Dollars ($3,000,000.00). If the outstanding principal balance of the Revolving Line of Credit on such date is greater than the new maximum principal amount then available hereunder, Borrower shall make a principal reduction on the Revolving Line of Credit on such date in an amount sufficient to reduce the then outstanding principal balance thereof to an amount not greater than such new maximum principal amount.
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Reductions in Availability. The principal amount available under the Line of Credit may be permanently reduced, in whole or in part, at the written request of Borrower and Co-Borrower (an "Optional Reduction"), PROVIDED that the principal amount then outstanding under the Line of Credit Note shall be equal to or less than the amount available under the Line of Credit as so reduced.
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Reductions in Availability. Notwithstanding the principal amount set forth above, the maximum principal amount available under this Note shall be reduced automatically and without further notice on each October 1 and each April 1, commencing October 1, 2000, by the amount of Two Hundred Fifty Thousand Dollars ($250,000.00), resulting in maximum principal availability hereunder of $2,750,000 on October 1, 2000; $2,500,000 on April 1, 2001; $2,250,000 on October 1, 2001; and $2,000,000 on April 1, 2002, minus in each case the aggregate amount of reductions to the Line of Credit pursuant to paragraph (c) below. If the outstanding principal balance of this Note on any such date is greater than the new maximum principal amount then available hereunder, Borrower shall make a principal reduction on this Note on such date in an amount sufficient to reduce the then outstanding principal balance hereof to an amount not greater than said new maximum principal amount. If on any October 1 or April 1 the maximum principal amount then available hereunder equals or exceeds the outstanding principal balance of this Note, then Borrower shall not be required to repay principal outstanding under this Note solely by reason of the reduction in availability that occurs on such date.
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Related to Reductions in Availability

  • High Availability Registry Operator will conduct its operations using network and geographically diverse, redundant servers (including network-­‐level redundancy, end-­‐node level redundancy and the implementation of a load balancing scheme where applicable) to ensure continued operation in the case of technical failure (widespread or local), or an extraordinary occurrence or circumstance beyond the control of the Registry Operator. Registry Operator’s emergency operations department shall be available at all times to respond to extraordinary occurrences.

  • RDDS availability Refers to the ability of all the RDDS services for the TLD, to respond to queries from an Internet user with appropriate data from the relevant Registry System. If 51% or more of the RDDS testing probes see any of the RDDS services as unavailable during a given time, the RDDS will be considered unavailable.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • FUNDING AVAILABILITY This Contract is contingent upon the continued availability of funding. If funds become unavailable through the lack of appropriations, legislative or executive budget cuts, amendment of the Appropriations Act, state agency consolidation, or any other disruptions of current appropriations, DFPS will reduce or terminate this Contract.

  • Funds Availability For determining the availability of your deposits, every day is a business day except Saturdays, Sundays, federal holidays and legal banking holidays in the State of Utah.