Availability definition

Availability means, as of any date of determination, the amount that Borrowers are entitled to borrow as Advances under Section 2.1 of the Agreement (after giving effect to all then outstanding Obligations (other than Bank Product Obligations)).

Availability means, as of any date of determination, the amount that Borrowers are entitled to borrow as Revolving Loans under Section 2.1 of this Agreement (after giving effect to the then outstanding Revolver Usage).

Availability means, as of any date of determination, if such date is a Business Day, and determined at the close of business on the immediately preceding Business Day, if such date of determination is not a Business Day, the amount that Borrower is entitled to borrow as Advances under Section 2.1 (after giving effect to all then outstanding Obligations and all sublimits and reserves applicable hereunder).

Examples of Availability in a sentence

• HUD has determined that the change is necessary to better serve eligible persons within the geographic area and to ensure that the priorities established under the Notice of Funding Availability in which the grant was originally awarded, or the most recent NOFA, are met.

• D-8.00 (To revise rate) Cancels Tenth-Revised Sheet No.D-8.00 GENERAL SERVICE Availability: Open to any customer desiring lighting and incidental power service for any metered non-residential use, provided the load does not exceed 35 kW, measured on a 15-minute interval basis.

• D-14.00 (To revise rate) Cancels Ninth-Revised Sheet No. D-14.00 LARGE POWER SERVICE Availability: Available to any customer where the annual highest actual demand is at least 250 kW, measured on a 15-minute interval basis, but not more than 1,300 kW, measured on a 60-minute interval basis.

• D-27.00 EFFICIENT ELECTRIC HEAT SERIVCE (EEHS) Availability: Open to any customer eligible for the Residential or General Service Rates who uses Geothermal or Heat Pump Systems and take service from the Company.

• D-5.00 (To revise rate) Cancels Tenth-Revised Sheet No.D-5.00 RESIDENTIAL SERVICE Availability: Open to any customer desiring service for domestic and farm uses, which include only those purposes which are usual in individual private family dwellings, or separately metered apartments, and in the usual appurtenant buildings served through the residential meter.

More Definitions of Availability

Availability means, as of any date of determination thereof by the Agent, the result, if a positive number, of:

Availability means, as of any date of determination, the amount by which (a) the Maximum Revolving Loan Balance exceeds (b) the aggregate outstanding principal balance of Revolving Loans.

Availability means, at any time, an amount equal to (a) the aggregate Revolving Commitments minus (b) the Aggregate Revolving Exposure (calculated, with respect to any Defaulting Lender, as if such Defaulting Lender had funded its Applicable Percentage of all outstanding Borrowings).

Availability means the difference of (i) the Borrowing Base and (ii) the sum of (A) the outstanding principal balance of the Revolving Note and (B) the L/C Amount.

Availability means, at any time, an amount equal to (a) the lesser of the Total Revolving Credit Commitment and the Borrowing Base minus (b) the Total Revolving Commitment Usage.

Availability means that authorised users should be able to access the data if they need it for authorised purposes.

Availability means, as of any date of determination, an amount equal to (a) the lesser of the then effective Borrowing Base and the aggregate Commitments minus (b) (i) the outstanding principal amount of all Advances plus (ii) the Letter of Credit Exposure.