Restricted Payment Availability Sample Clauses

Restricted Payment Availability. (a) At all times after March 31, 2005 for so long as Operating Company has obligations under the Senior Subordinated Notes Indenture outstanding, Borrower shall not permit Restricted Payment Availability to be less than $5,000,000. (b) At any time immediately before and after giving effect to any Restricted Payment, the Borrower shall have the ability to incur $1.00 of additional Indebtedness under the Coverage Ratio Exception.