Common use of Undrawn Availability Clause in Contracts

Undrawn Availability. At the Closing Date (after giving effect to the initial Advances), Borrower shall have Undrawn Availability of at least $2,000,000.

Appears in 1 contract

Samples: Loan and Security Agreement (WPCS International Inc)

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Undrawn Availability. At Upon the Closing Date (hereof, and after giving effect to the initial Advances)Advances hereunder, Borrower Borrowers shall have Undrawn Availability of at least $2,000,000.50,000,000;

Appears in 1 contract

Samples: Security Agreement (Maxum Petroleum Holdings, Inc.)

Undrawn Availability. At the Closing Date (after After giving effect to the initial Advances)Advances made on the Closing Date hereunder, Borrower shall have Undrawn Availability of at least $2,000,000.5,000,000;

Appears in 1 contract

Samples: Security Agreement (Danskin Inc)

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Undrawn Availability. At the Closing Date (after After giving effect to the initial Advances)Advances hereunder, Borrower Borrowers shall have Undrawn Availability on the Closing Date of at least $2,000,000.;

Appears in 1 contract

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

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