Unused Availability. The Loan Parties shall not permit Unused Availability at any time to be less than $10,000,000.
Unused Availability. For the quarters ending December 31, 2003 through June 30, 2004, permit the Unused Availability to be less than US$25,000,000, where "Unused Availability" means the lesser of (i) the Total U.S. Dollar Revolving Credit Commitment plus the Total Canadian Dollar Credit Commitment and (ii) the amount by which the Borrowing Base exceeds the aggregate principal amount of all U.S. Dollar Loans then outstanding plus the then-current L/C Exposure plus the U.S. Dollar Equivalent of the aggregate principal amount of all Canadian Dollar Loans then outstanding plus the U.S. Dollar Equivalent of the then-current BA Exposure plus the unused portion of the Special Tranche for all Designated Picture that have not yet been Completed.
Unused Availability. The Loan Parties shall not permit Unused Availability at any time to be less than $10,000,000. Minimum Net Worth. At all such times during which the Borrowers have Unused Availability of less than $25,000,000, the Loan Parties shall not at any time permit Consolidated Net Worth to be less than the Base Net Worth.
Unused Availability. After giving effect to all Borrowings on the Closing Date and payment of all fees and expenses due hereunder, and with all of the Borrowers’ Indebtedness, liabilities, and obligations current, the Unused Availability shall not be less than $75,000,000.
Unused Availability. The Borrower shall not permit Unused Availability (as reflected in the Borrowing Base Certificate most recently delivered from time to time hereunder) to be less than $15,000,000 at any time that the most recently delivered quarterly Financial Statements show the Interest Coverage Ratio was greater than or equal to 1.25 to 1.00 for the four consecutive fiscal quarters ended on the date of such Financial Statements, and the Borrower shall not permit Unused Availability (as reflected on the Borrowing Base Certificate most recently delivered from time to time hereunder) to be less than $25,000,000 at any time that the most recently delivered quarterly Financial Statements show the Interest Coverage Ratio was less than 1.25 to 1.00 for the four consecutive fiscal quarters ended on the date of such Financial Statements.
Unused Availability. After giving effect to the use of the proceeds of the initial Borrowings hereunder and giving effect to any Letters of Credit issued or deemed to be issued hereunder, the Unutilized Total Revolving Commitment shall be at least $80,000,000.
Unused Availability. The Borrower shall maintain on the average for each calendar month, and with all its obligations with customary terms within the industry, Availability in an amount no less than $500,000.
Unused Availability. The Borrower shall have Available Commitments of at least seventy-five percent (75%) of the Borrowing Base on the Closing Date after giving effect to the application of the proceeds of the Borrowings incurred on the Closing Date.
Unused Availability. On the Closing Date (giving effect to the Xxxx'x Merger), the Borrowers shall have unused borrowing availability, cash or Cash Equivalents, or any combination thereof, of not less than $25,000,000 in the aggregate.
Unused Availability. After giving pro forma effect to the funding of the initial Loans, the funding of the Term Loans (and any repayment of Revolving Loans from the proceeds of Term Loans), the issuance of the initial Letters of Credit, if any, and the payment of all costs, fees and expenses incurred by or for the account of the Borrowers in connection with the execution and delivery of this Credit Agreement and the other Credit Documents, there shall be Revolver Availability of at least $50,000,000.
