{"component": "definition", "props": {"groups": [{"snippet": "means the average daily Availability for the immediately preceding Fiscal Quarter.", "snippet_links": [{"key": "preceding-fiscal-quarter", "type": "definition", "offset": [57, 81]}], "samples": [{"hash": "2NJK92bY3A8", "uri": "/contracts/2NJK92bY3A8#average-daily-availability", "label": "Credit Agreement (Kirkland's, Inc)", "score": 35.8035583496, "published": true}, {"hash": "d9KiPxwmDBv", "uri": "/contracts/d9KiPxwmDBv#average-daily-availability", "label": "Credit Agreement (Kirkland's, Inc)", "score": 35.0670776367, "published": true}, {"hash": "A4MQp0bSjl", "uri": "/contracts/A4MQp0bSjl#average-daily-availability", "label": "Credit Agreement (Torrid Holdings Inc.)", "score": 32.4743309021, "published": true}], "size": 61, "hash": "43eb543332e06f93a36c8d9c7a60167e", "id": 1}, {"snippet": "means, for any Fiscal Quarter, an amount equal to the sum of Availability for each day of such Fiscal Quarter divided by the actual 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"uri": "/contracts/e5cw5fQWfOl#average-daily-availability", "label": "Credit Agreement (Tops PT, LLC)", "score": 21.5256671906, "published": true}], "size": 8, "hash": "b24a72385f359729458302413fcdaa0a", "id": 5}, {"snippet": "means the average daily Revolving Availability for the immediately preceding three month period.", "snippet_links": [{"key": "revolving-availability", "type": "definition", "offset": [24, 46]}, {"key": "three-month-period", "type": "definition", "offset": [77, 95]}], "samples": [{"hash": "aD8YrNQjU6R", "uri": "/contracts/aD8YrNQjU6R#average-daily-availability", "label": "Credit Agreement (Sportsman's Warehouse Holdings, Inc.)", "score": 35.5817947388, "published": true}, {"hash": "arKgmRyiL8O", "uri": "/contracts/arKgmRyiL8O#average-daily-availability", "label": "Credit Agreement (Sportsman's Warehouse Holdings, Inc.)", "score": 33.4106788635, "published": true}, {"hash": "2x2X9NACzow", "uri": "/contracts/2x2X9NACzow#average-daily-availability", "label": "Credit 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5, "hash": "e8d3874071c6d7c08fb3ba4cf8b735ae", "id": 7}, {"snippet": "means, with respect to any fiscal quarter, (a)(i) the sum of Availability for each day during such fiscal quarter divided by (ii) the number of days in such fiscal quarter, divided by (b)(i) the sum of the total Revolving Commitments in effect for each day during such fiscal quarter divided by (ii) the number of days in such fiscal quarter.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "fiscal-quarter", "type": "definition", "offset": [27, 41]}, {"key": "sum-of", "type": "clause", "offset": [54, 60]}, {"key": "divided-by", "type": "clause", "offset": [114, 124]}, {"key": "days-in", "type": "definition", "offset": [144, 151]}, {"key": "total-revolving-commitments", "type": "definition", "offset": [206, 233]}, {"key": "in-effect", "type": "definition", "offset": [234, 243]}], "samples": [{"hash": "csSwzplumRa", "uri": "/contracts/csSwzplumRa#average-daily-availability", 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Each adjustment of any reporting schedule in the Agreement based on the Average Daily Availability shall be effective with respect to the subsequent quarter, month, or week, as applicable.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "calendar-month", "type": "definition", "offset": [28, 42]}, {"key": "based-on", "type": "definition", "offset": [114, 122]}, {"key": "borrowing-base-certificate", "type": "clause", "offset": [151, 177]}, {"key": "adjustment-of", "type": "clause", "offset": [184, 197]}, {"key": "reporting-schedule", "type": "clause", "offset": [202, 220]}, {"key": "in-the-agreement", "type": "clause", "offset": [221, 237]}, {"key": "subsequent-quarter", "type": "definition", "offset": [317, 335]}], "samples": [{"hash": "2cyQR0KIp2B", "uri": "/contracts/2cyQR0KIp2B#average-daily-availability", "label": "Credit Agreement (Westlake Chemical Corp)", "score": 25.5393562317, "published": true}, {"hash": "bJeVxniSD4", "uri": 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Daily Availability</strong> for the Fiscal Quarter ending and Availability for each Fiscal Month of such Fiscal Quarter are attached hereto as Appendix II.", "All information (including calculation of Availability or <strong>Average Daily Availability</strong>) in a Borrowing Base Report and the weekly gross Accounts report described in the preceding sentence shall be certified by Borrower.", "All information (including calculation of Availability or <strong>Average Daily Availability</strong>) in a Borrowing Base Report shall be certified by Borrowers.", "For the avoidance of doubt, loss of 25% (twenty-five per cent) in Availability for four days as compared to the <strong>Average Daily Availability</strong> shall entitle the Concessionaire to extension of one day in the Concession Period.", "Borrower shall not permit its <strong>Average Daily Availability</strong> for the one-month period ending on the last day of any calendar month be less than $10,000,000.", "The reasonably detailed calculations with respect to the <strong>Average Daily Availability</strong> for the Fiscal Quarter ending ___________________ and Availability for each Fiscal Month of such Fiscal Quarter are attached hereto as Appendix II.", "All information (including calculation of Availability or <strong>Average Daily Availability</strong>) in a Borrowing Base Report shall be certified by Borrower Agent.", "The Applicable Margin for purposes of calculating the initial Letter of Credit Fees will be determined based upon the Borrower\u2019s Availability as of the Effective Date and will be reset quarterly thereafter based upon the <strong>Average Daily Availability</strong> for the most recently completed calendar quarter.", "For the thirty days prior to the Closing Date, <strong>Average Daily Availability</strong> shall have been not less than $2,000,000."], "related": [["average-availability", "Average Availability", "Average Availability"], ["average-daily-flow", "Average Daily Flow", "Average Daily Flow"], ["quarterly-average-excess-availability", "Quarterly Average Excess Availability", "Quarterly Average Excess Availability"], ["average-daily-balance", "Average Daily Balance", "Average Daily Balance"], ["system-availability", "System Availability", "System Availability"]], "related_snippets": [], "updated": "2026-01-23T05:26:14+00:00"}, "json": true, "cursor": ""}}