Common use of Undrawn Availability Clause in Contracts

Undrawn Availability. Upon the Closing Date hereof, and after giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $50,000,000;

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Maxum Petroleum Holdings, Inc.)

Undrawn Availability. Upon the Closing Date hereof, and after After giving effect to the initial Advances made on the Closing Date hereunder, Borrowers Borrower shall have Undrawn Availability of at least $50,000,0005,000,000;

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Danskin Inc)

Undrawn Availability. Upon the Closing Date hereof, and after After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability on the Closing Date of at least $50,000,0002,000,000;

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Pietrafesa Corp)

Undrawn Availability. Upon At the Closing Date hereof, and (after giving effect to the initial Advances hereunderAdvances), Borrowers Borrower shall have Undrawn Availability of at least $50,000,000;2,000,000.

Appears in 1 contract

Sources: Loan and Security Agreement (WPCS International Inc)