Common use of Undrawn Availability Clause in Contracts

Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least three million dollars ($3,000,000), as evidenced by a Borrowing Base Certificate;

Appears in 2 contracts

Samples: Security Agreement (Richton International Corp), Security Agreement (Richton International Corp)

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Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers Borrower shall have Undrawn Availability of at least three million dollars ($3,000,000), as evidenced by a Borrowing Base Certificate;Certificate executed by Borrower; and

Appears in 1 contract

Samples: Revolving Credit And (Swank Inc)

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Undrawn Availability. After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least three million dollars Three Million Dollars ($3,000,000), as evidenced by a Borrowing Base Certificate;

Appears in 1 contract

Samples: Security Agreement (Emtec Inc/Nj)

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