Total Availability Sample Clauses

Total Availability. The Total Availability shall be equal to the lesser of:
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Total Availability. Subject to the terms and conditions of this Agreement and prior to the Maturity Date, Advances under the Fixed Asset Commitment may be repaid and reborrowed from time to time on a revolving basis.
Total Availability. The Borrowers will maintain at all times Total Availability (after giving effect to any Pending Revolving Loans) of not less than the sum of (i) $2,000,000 PLUS (ii) as of any date of determination, the Borrowers' mark-to-market swap exposure (as determined by the Agent on x xeekly basis) under all Hedge Agreements as of such date; PROVIDED, HOWEVER, that (a) for the 15 days preceding the date of any payment of interest with respect to amounts outstanding under the Senior Notes, average Total Availability (after giving effect to any Pending Revolving Loans) shall be not less than $8,000,000 on a pro forma basis after giving effect to such payment, (b) for the 15 days preceding the date of any payment of principal with respect to the IRB Financing, average Total Availability (after giving effect to any Pending Revolving Loans) shall be not less than $6,000,000 on a pro forma basis after giving effect to such payment and (c) solely for purposes of this Section Agent Advances shall be excluded from the calculation of Total Availability to the extent that Agent Advances are made no more than two (2) times per calendar year, each Advance is outstanding no more than 30 days and no more than $750,000 is advanced in any calendar year.
Total Availability. The total direct drawings, letters of credit and Bankers' Acceptance shall not, at any one time, exceed the Revolving Credit Commitment. 5.06
Total Availability. After giving effect to all the extensions of credit under the Facilities on the Closing Date the aggregate Total Availability under the Facilities (without regard to any interim reduction in commitment amounts) less all the outstanding Loans and Letters of Credit shall be in excess of $60,000,000. 80 Credit Agreement EXIDE TECHNOLOGIES
Total Availability. The words “Total Availability” mean, as at any time, the sum of the Domestic Availability at such time plus the Ex-Im Availability at such time.
Total Availability. (Section 2.01 of the ------------------ Subordinate Credit Agreement) Required by the Subordinate Credit Agreement: The aggregate amount of all outstanding advances under the Subordinate Credit Agreement at any one time may not exceed the lesser of the aggregate Commitments under the Subordinate Credit Agreement at such time or the Total Availability at such time. The Adjusted Net Worth as of the date of this Compliance Certificate is as set forth in (f) below, based on the following calculation:
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Total Availability. Outstanding Balances Lender GE Total 55. Maximum Commitment of the Notes
Total Availability. After giving effect to all the extensions of credit under the Facilities on the Closing Date the aggregate Total Availability LESS all the outstanding Loans and Letters of Credit under the Revolving Credit Facilities shall be not less than $25,000,000 in the aggregate under both of the Revolving Credit Facilities, of which (x) there shall not be less than $10,000,000 in US Availability and (y) there shall not be less than $10,000,000 in Foreign Availability.

Related to Total Availability

  • 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.

  • 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.

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

  • General Availability The commitment to availability specified in the letter of appointment shall be subject to mutually acceptable revision. Such revision will occur once per year, or, if mutually agreed between the Employer and the employee, on a more frequent basis. The Employer will issue a revised letter of appointment to reflect approved changes to employee’s general availability.

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from July 25, 2016 through and including August 29, 2016, $10,000,000, (ii) as of any date of determination during the period from August 30, 2016 through and including September 6, 2016, $13,000,000, (ii) as of any date of determination during the period from September 7, 2016 through and including October 2, 2016, $17,500,000, and (iii) as of any date of determination during the period from October 3, 2016 through and including December 31, 2016, $20,000,000.

  • System Availability System Availability percentage is calculated as follows:  Total MinutesintheMonth −Downtime   System Availability%age =  Total MinutesintheMonth *100    System Availability SLA (“SLA”) 99.5% System Availability percentage during each Month for productive versions Credit 2% of Monthly Subscription Fees for each 1% below SLA, not to exceed 100% of Monthly Subscription Fees Excluded Downtime Total Minutes in the Month attributable to: (i) a Scheduled Downtime for which a Regular Maintenance Window is described in Section 4 below, or (ii) any other Scheduled Downtime according to Section 4 for which the customer has been notified at least five (5) business days prior to such Scheduled Downtime or (iii) unavailability caused by factors outside of SAP’s reasonable control, such as unpredictable and unforeseeable events that could not have been avoided even if reasonable care had been exercised. Scheduled Downtime Scheduled Downtime for the applicable Cloud Services to which customer has subscribed is set forth in Section 4 below entitled “Maintenance Windows for Cloud Services”.

  • Funding Availability This Contract is at all times subject to state appropriations. The Department makes no express or implied representation or guarantee of continued or future funding under this Contract. The Department has, as of the date of the execution of this Contract, obtained all requisite approvals and authority to enter into and perform its obligations under this Contract, including, without limitation, the obligation to make the initial payment or payments required to be made under this Contract on the date or dates upon which such initial payment or payments may otherwise be disbursed during the current contract period, (i.e., Sept ember 1, 2015, through August 31, 2017). The Grantee acknowledges the Department’s authority to make such payments is contingent upon the Texas Legislature's appropriation to the Department of sufficient funds and the availability of funds to the Department for such purpose. If the State of Texas or the federal government terminates its appropriation through the Department or fails to pay the full amount of the allocation for the operation of any grant or reimbursement program hereunder , or the funds are otherwise unavailable, the Department may immediately and without penalty reduce payments or terminate this Contract, in whole or in part. Upon termination of the Contract or reduction of payments, the Grantee shall return to the Department any unexpended funds already disbursed to the Grantee. Neither the Department nor the State of Texas shall incur liability for damages or any loss that may be caused or associated with such termination or reduction of payments. The Department shall not be required to give prior notice for termination or reduction of payments.

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Service Availability You understand that Service availability is at all times conditioned upon the corresponding operation and availability of the communication systems used in communicating your instructions and requests to the Credit Union. We will not be liable or have any responsibility of any kind for any loss or damage thereby incurred by you in the event of any failure or interruption of such communication systems or services resulting from the act or omission of any third party, or from any other cause not reasonably within the control of the Credit Union.

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

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