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, upon Xxxxxxxx’s request, during Draw Period A, Bank shall make term loan advances in an amount not exceeding the Term A Loan Availability Amount (each such advance is referred to herein as a “Term A Loan Advance” and, collectively, as the “Term A Loan Advances”).

• Subject to the terms and conditions of this Agreement, upon Xxxxxxxx’s request, during Draw Period B, Bank shall make term loan advances in an amount not exceeding the Term B Loan Availability [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.

• Subject to the terms and conditions of this Agreement, upon Xxxxxxxx’s request, during Draw Period C, Bank shall make term loan advances in an amount not exceeding the Term C Loan Availability Amount (each such advance is referred to herein as a “Term C Loan Advance” and, collectively, as the “Term C Loan Advances”).

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. Supermajority Lenders," or "Pro Rata Shares";

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. 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 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.

Loan Availability the amount by which the Borrowing Base exceeds the Loan.