Special Availability Reserve. Section 2 of the Loan Agreement is hereby amended by adding the following new Section 2.4 thereto:
Special Availability Reserve. (i) Without limiting any rights or remedies of Lender under the Credit Agreement or any of the other Financing Agreements with respect to the establishment of Reserves or otherwise, but subject to the terms and conditions thereof, and in addition to any other Reserves, as of the date hereof, a Reserve has been established in the amount equal to $3,000,000 (the "Special Availability Reserve").
Special Availability Reserve. Without limiting any other rights or remedies of Lender under this Agreement or any of the other Financing Agreements with respect to the establishment of Reserves or otherwise, Lender may on the date hereof establish a special Reserve permanently reducing the amount of Loans and Letter of Credit Accommodations otherwise available to Borrower in an amount equal to $500,000 (the "Special Availability Reserve"). The term "Reserves" as used herein shall include, without limitation, the Special Availability Reserve."
Special Availability Reserve. Without limiting any other rights or remedies of Agent under the Loan Agreement or any of the other Financing Agreements with respect to the establishment of reserves or otherwise, Agent may at any time on or after the date of Amendment No. 4 establish a special availability reserve up to the amount of $2,500,000.
Special Availability Reserve. Without limiting the rights and remedies of Agent and Lenders under this Agreement or any of the Financing Agreements with respect to the establishment of Reserves or otherwise, Agent shall establish a special Reserve in an amount equal to the amounts set forth on Schedule 2.7 hereto at all times with respect to each of the periods specified on such Schedule (the "Special Availability Reserve").
Special Availability Reserve. The definition of "Special Availability Reserve" is hereby amended by deleting such definition in its entirety and substituting the following therefor: “‘Special Availability Reserve’ shall mean the availability reserve established by Agent against the amount of Loans and Letter of Credit Accommodations otherwise available to Borrowers under the formulae contained in the Loan Agreement in the amount of (i) $5,200,000 for the period commencing on the date hereof through and including the later of (1) December 1, 2004, or (2) the date upon which all of the following shall have occurred in accordance with the terms of the Loan Agreement as Agent shall determine in good faith (the “Initial Reduction Date”): (x) Eligible Inventory of Huffy consists only of Bicycles and Eligible Inventory of Canadian Borrower consists only of Golf Equipment, and (y) Eligible Accounts of Huffy consist only of Eligible Accounts arising from the sale by Huffy of Bicycles and Eligible Accounts of Canadian Borrower arising from the sale of Golf Equipment; (ii) $4,000,000 for the period commencing on the day after the Initial Reduction Date through and including February 28, 2005; and (iii) $3,500,000 on and after March 1, 2005.”
Special Availability Reserve. (a) Except as Agent may otherwise agree, Agent shall establish a special Reserve reducing the amount of Loans and Letter of Credit Accommodations which would otherwise be available to Borrowers in an amount equal to $5,000,000 (the "Special Availability Reserve").
Special Availability Reserve. The definition of “Special Availability Reserve” in the Loan Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following: “ ‘Special Availability Reserve’ shall mean the special Reserve established by Agent reducing the amount of Loans and Letter of Credit Accommodations which would otherwise be available to Borrowers in the amount of: Period Amount Amendment No. 18 Effective Date through and including May 2, 2010 $ 5,000,000 May 3, 2010 through and including May 9, 2010 $ 5,250,000 May 10, 2010 through and including March 16, 2010 $ 5,500,000 May 17, 2010 through and including May 23, 2010 $ 5,750,000 May 24, 2010 through and including May 30, 2010 $ 6,000,000 May 31, 2010 through and including June 6, 2010 $ 6,250,000 June 7, 2010 through and including June 13, 2010 $ 6,500,000 June 14, 2010 through and including June 20, 2010 $ 6,750,000 June 21, 2010 through and including July 18, 2010 $ 7,000,000 July 19, 2010 through and including August 15, 2010 $ 8,000,000 August 16, 2010 through and including September 12, 2010 $ 9,000,000 From and after September 13, 2010 $ 10,000,000”
Special Availability Reserve. The definition of “Special Availability Reserve” in the Loan Agreement is hereby amended by deleting such definition in its entirety and replacing it with the following:
Special Availability Reserve. Without limiting any other rights or remedies of Lender under this Agreement or any of the other Financing Agreements with respect
