Loan Availability definition
Loan Availability shall have the meaning given in Section 2.1 hereof.
Loan Availability means the amount available for Advances under this Agreement on any date as determined in accordance with the Availability Statement submitted to WFFPC on such date in accordance with Section 3.3.
Loan Availability means the amount of the Facility from time to time.
Examples of Loan Availability in a sentence
Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth herein and in the other Loan Documents, Lender agrees to make Loans to Borrower from time to time, pursuant to the terms of this Agreement, until, but not including, the Maturity Date, provided, however, that the aggregate principal balance of all Loans outstanding at any time shall not exceed the Loan Availability.
More Definitions of Loan Availability
Loan Availability means the lesser of (a) the Commitment Amount or (b) the Borrowing Base minus the aggregate Advances and other Obligations outstanding under this Agreement.
Loan Availability means the Commitments of all of the Lenders.
Loan Availability means the maximum amount available to be borrowed ----------------- hereunder in compliance with the covenants contained in Section 5.8(e) and (i), but in no event to exceed the aggregate Commitments.
Loan Availability means at any time, the then applicable Loan Commitment less any Obligations then outstanding.
Loan Availability. That portion of the Revolving Commitment Amount determined by Agent to be available to be advanced as more particularly described in Section 2.B.3.
Loan Availability. Supermajority Lenders," or "Pro Rata Shares";
Loan Availability means, as of any time, the Commitment in effect at such time less the sum of (a) the aggregate principal amount of Loans outstanding at such time, (b) the aggregate amount of Credit Enhancement Obligations (other than Credit Enhancement Obligations that have become Loans pursuant to Section 2.4(f)) outstanding as of such time, and (c) the unused Univation Commitment.