Committed Availability definition

Committed Availability means, as the date of determination, an amount equal to the Revolving Line minus all outstanding Credit Extensions.
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Committed Availability means, as the date of determination, an amount equal to the Availability Amount.
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Committed Availability means, as the date of determination, an amount equal to (a) the lesser of (i) the Revolving Line and (ii) the Borrowing Base, minus (b) all outstanding Credit Extensions.”
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Examples of Committed Availability in a sentence

  • Borrower’s unrestricted cash and cash equivalents at Bank or Bank’s affiliates plus the Committed Availability of at least Fifteen Million Dollars ($15,000,000.00).

  • Borrowers’ unrestricted cash and Cash Equivalents plus the Committed Availability of at least $5,000,000.

  • Borrower’s unrestricted cash at Bank plus the Committed Availability of at least Seven Hundred Fifty Thousand Dollars ($750,000.00).

  • The ratio, calculated on a monthly basis, of (A) (i) unrestricted cash and Cash Equivalents plus (ii) the Committed Availability plus (iii) Investments in third-party Securities (as such term is defined in Article 8 of the Code) that are otherwise Permitted Investments to (B) the aggregate outstanding principal amount of Advances plus the aggregate outstanding principal amount of the Term Loan B of not less than 1.30 : 1.00.

  • Borrower’s consolidated unrestricted cash and Cash Equivalents plus Committed Availability of at least Five Hundred Thousand Dollars ($500,000).

  • F▇▇▇▇▇ Mae also shall monitor and measure Committed Availability (as defined in Exhibit B) and Incident resolution and other support Performance Levels.

  • Unrestricted cash and Cash Equivalents plus Committed Availability (“Liquidity”) of at least $8,000,000.

  • At all times maintain unrestricted cash and unrestricted Cash Equivalents plus the Committed Availability of at least $300,000.

  • Unrestricted cash at Bank plus Committed Availability of not less than Two Million Dollars ($2,000,000).

  • As of July 1, 2007 and as of each day thereafter, unrestricted cash at Bank plus Committed Availability of at least Fifteen Million Dollars ($15,000,000.00) at all times.


More Definitions of Committed Availability

Committed Availability means, as the date of determination, an amount equal to the sum of the Availability Amount minus all outstanding Credit Extensions.
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Committed Availability is, as of any date of determination, an amount equal to (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the Dollar Equivalent amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit plus an amount equal to the Letter of Credit Reserve), minus (c) the FX Reduction Amount, minus (d) any amounts used for Cash Management Services, and minus (e) the outstanding principal balance of any Advances.
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Committed Availability means, as the date of determination, an amount equal to the sum of the Revolving Line minus all outstanding Advances under the Revolving Line.
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Committed Availability means, as the date of determination, an amount equal to the Borrowing Base MINUS all outstanding Credit Extensions.
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Related to Committed Availability

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of (i) the principal amount of Revolving Loans and Swing Loans made and outstanding at such time and (ii) the LC Outstandings at such time.

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.