Common use of Required Availability Clause in Contracts

Required Availability. On the Closing Date, the Required Availability shall be at least $1,000,000 and the Borrower must have a minimum pro forma revolver availability of .25x its consolidated EBITDA.

Appears in 2 contracts

Sources: Loan and Security Agreement (ExamWorks Group, Inc.), Loan and Security Agreement (ExamWorks Group, Inc.)