{"component": "definition", "props": {"groups": [{"snippet": "has the meaning specified in Section 7.18(c).", "samples": [{"hash": "jJvptaZoajv", "uri": "/contracts/jJvptaZoajv#minimum-availability", "label": "Credit Agreement (Chicago Bridge & Iron Co N V)", "score": 28.9671459198, "published": true}, {"hash": "8nQQrOI0wuJ", "uri": "/contracts/8nQQrOI0wuJ#minimum-availability", "label": "Term Loan Agreement (Chicago Bridge & Iron Co N V)", "score": 28.9671459198, "published": true}, {"hash": "8mZh5tkidWk", "uri": "/contracts/8mZh5tkidWk#minimum-availability", "label": "Credit Agreement (Chicago Bridge & Iron Co N V)", "score": 28.9671459198, "published": true}], "size": 9, "snippet_links": [], "hash": "311930bab2de297a0cdf9f759f1f1bf9", "id": 1}, {"snippet": "means, as of any date of determination, the sum of (without duplication) (a) the aggregate principal amount of WC Loans that the Borrowers have available to borrow hereunder as of such date, plus (b) the aggregate principal 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borrow for general corporate purposes hereunder as of such date, plus (c) the aggregate principal amount of WC Interim Loans that the Borrowers have available to borrow hereunder as of such date, plus (d) the aggregate amount of Eligible Cash and Cash Equivalents of the Loan Parties as of such date.", "samples": [{"hash": "1OBkQDnKNgY", "uri": "/contracts/1OBkQDnKNgY#minimum-availability", "label": "Credit Agreement (Global Partners Lp)", "score": 36.2169761658, "published": true}, {"hash": "1TQHfh7AS1K", "uri": "/contracts/1TQHfh7AS1K#minimum-availability", "label": "Credit Agreement (Global Partners Lp)", "score": 34.3333320618, "published": true}, {"hash": "a9vK112Axs7", "uri": "/contracts/a9vK112Axs7#minimum-availability", "label": "Credit Agreement (Global Partners Lp)", "score": 33.257358551, "published": true}], "size": 5, "snippet_links": [{"key": "date-of-determination", "type": "clause", "offset": [17, 38]}, {"key": "sum-of", "type": "clause", "offset": [44, 50]}, {"key": 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"the-closing-date", "type": "clause", "offset": [9, 25]}, {"key": "at-all-times", "type": "definition", "offset": [27, 39]}], "hash": "175fa4687c92da8a2e15f7792846da85", "id": 5}, {"snippet": "means the lesser of (a) the Line of Credit Amount less the Letter of Credit Obligations and less the outstanding principal amount of the Line of Credit Advances, or (b) the Borrowing Base less the Letter of Credit Obligations and less the outstanding principal amount of the Line of Credit Advances.\"", "samples": [{"hash": "c3a0VJnEjiw", "uri": "/contracts/c3a0VJnEjiw#minimum-availability", "label": "Loan and Security Agreement (Pemstar Inc)", "score": 18.0, "published": true}, {"hash": "1T4nbjwqi5h", "uri": "/contracts/1T4nbjwqi5h#minimum-availability", "label": "Loan and Security Agreement (Pemstar Inc)", "score": 18.0, "published": true}], "size": 2, "snippet_links": [{"key": "lesser-of", "type": "definition", "offset": [10, 19]}, {"key": "line-of-credit-amount", "type": "definition", "offset": [28, 49]}, {"key": "letter-of-credit-obligations", "type": "definition", "offset": [59, 87]}, {"key": "outstanding-principal-amount", "type": "definition", "offset": [101, 129]}, {"key": "line-of-credit-advances", "type": "clause", "offset": [137, 160]}, {"key": "borrowing-base", "type": "clause", "offset": [173, 187]}], "hash": "096a504d78eb62151f0ea1bfbfc161bc", "id": 6}, {"snippet": "means on the Closing Date, at all times thereafter, $750,000.", "samples": [{"hash": "fhzyvuTgEG5", "uri": "/contracts/fhzyvuTgEG5#minimum-availability", "label": "Subordinated Credit Agreement (Streamline Health Solutions Inc.)", "score": 22.9329223633, "published": true}, {"hash": "3UYuAEDjTiJ", "uri": "/contracts/3UYuAEDjTiJ#minimum-availability", "label": "Senior Credit Agreement (Streamline Health Solutions Inc.)", "score": 22.9329223633, "published": true}], "size": 2, "snippet_links": [{"key": "the-closing-date", "type": "clause", "offset": [9, 25]}, {"key": "at-all-times", "type": 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"offset": [48, 77]}, {"key": "revolving-credit-outstandings", "type": "definition", "offset": [88, 117]}, {"key": "for-purposes-of", "type": "clause", "offset": [132, 147]}, {"key": "accounts-payable", "type": "clause", "offset": [170, 186]}, {"key": "days-after", "type": "definition", "offset": [229, 239]}, {"key": "due-dates", "type": "clause", "offset": [244, 253]}, {"key": "close-of-business", "type": "clause", "offset": [272, 289]}, {"key": "loans-outstanding", "type": "definition", "offset": [339, 356]}], "hash": "c96b5a82dcc46380951ef7e82143caed", "id": 8}, {"snippet": "means, at any time of determination, that the total amount of the Unutilized Revolving Loan Commitments shall equal or exceed (i) $15,000,000 at any such time between January 1 and April 30 and between July 1 and November 30 of any year, and (ii) $40,000,000 at any such time between May 1 and June 30 and between December 1 and December 31 of each year, inclusive.", "samples": [{"hash": "92bFlswslsR", "uri": "/contracts/92bFlswslsR#minimum-availability", "label": "Credit Agreement (American Seafoods Corp)", "score": 21.0, "published": true}], "size": 2, "snippet_links": [{"key": "time-of-determination", "type": "definition", "offset": [14, 35]}, {"key": "total-amount", "type": "definition", "offset": [46, 58]}, {"key": "revolving-loan-commitments", "type": "definition", "offset": [77, 103]}, {"key": "between-december", "type": "clause", "offset": [306, 322]}, {"key": "each-year", "type": "definition", "offset": [344, 353]}], "hash": "82763d8855be2cca92197b2be0ac2a94", "id": 9}, {"snippet": "Borrower shall have excess availability under the revolving credit facility at closing of not less than $5,500,000 after giving effect to all transactions related to closing, Including all related fees and expenses. Accounts payable must be in a condition satisfactory to Lender. LEXINGTON PRECISION CORPORATION SUMMARY OF TERMS OF CONGRESS/CIT REVOLVING CREDIT FACILITY Amount: $23,500,000.00 Borrowers: Lexington Precision Corporation and Lexington Rubber Group, Inc. Lenders: Congress Financial Corporation and CIT Business Credit, Inc. Availability Formulae: Accounts Receivable: 88% of eligible domestic accounts receivable and 80% of eligible foreign accounts receivable. Inventory: 65% of eligible inventory. Security: First lien on all assets other than real property. Interest Rate: 3.25% over LIBOR or 1 % over the Prime Rate. Funding Fee: $352,500 payable at closing. Contract Term: June 30, 2006. Covenants; Financial covenants (including minimum net worth, minimum EBITDA, and minimum fixed charge coverage) and other affirmative and negative covenants customary for similar transactions. Minimum Availability: Borrower shall have excess availability under the revolving credit facility of not less than $5,500,000 at closing after giving effect to all transactions related to closing, including all related fees and expenses and not less than $3,000,000 thereafter. LEXINGTON PRECISION CORPORATION SUMMARY OF TERMS OF CONGRESS/CIT SECURED TERM LOAN (EQUIPMENT) Amount: $13,500,000.00 Borrowers: Lexington Precision Corporation and Lexington Rubber Group. Inc. Lenders: Congress Financial Corporation and CIT Business Credit, Inc. Amortization: Equal monthly payments of $300,000 with a balloon payment due at maturity. Security: First lien on all assets other than real property. Interest Rate: 3.75% over LIBOR. Funding Fee: $202,500 payable at closing. Maturity: June 30, 2006. Covenants: Financial covenants (including minimum net worth, minimum EBITDA, and minimum fixed charge coverage) and other affirmative and negative covenants customary for similar transactions. Minimum Availability: Borrower shall have excess availability under the revolving credit facility of not less than $5,500,000 at closing after giving effect to all transactions related to closing, including all related fees and expenses, and not less than $3,000,000 thereafter. LEXINGTON PRECISION CORPORATION SUMMARY OF TERMS OF 12% SENIOR SUBORDINATED NOTES Maturity Date: August 1, 2009 Principal Amount: $42,515,084.63 Interest Rate: 12% per annum.", "samples": [{"hash": "kuLIqhMxsdD", "uri": "/contracts/kuLIqhMxsdD#minimum-availability", "label": "Payoff Agreement (Lexington Precision Corp)", "score": 18.0, "published": true}], "size": 1, "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "excess-availability", "type": "definition", "offset": [20, 39]}, {"key": "the-revolving-credit-facility", "type": "clause", "offset": [46, 75]}, {"key": "at-closing", "type": "clause", "offset": [76, 86]}, {"key": "after-giving", "type": "clause", "offset": [115, 127]}, {"key": "all-transactions", "type": "clause", "offset": [138, 154]}, {"key": "related-to", "type": "clause", "offset": [155, 165]}, {"key": "fees-and-expenses", "type": "clause", "offset": [197, 214]}, {"key": "accounts-payable", "type": "clause", "offset": [216, 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835]}, {"key": "funding-fee", "type": "definition", "offset": [837, 848]}, {"key": "payable-at", "type": "definition", "offset": [859, 869]}, {"key": "contract-term", "type": "clause", "offset": [879, 892]}, {"key": "financial-covenants", "type": "clause", "offset": [920, 939]}, {"key": "minimum-net-worth", "type": "definition", "offset": [951, 968]}, {"key": "minimum-ebitda", "type": "definition", "offset": [970, 984]}, {"key": "minimum-fixed-charge-coverage", "type": "definition", "offset": [990, 1019]}, {"key": "affirmative-and-negative-covenants", "type": "clause", "offset": [1031, 1065]}, {"key": "similar-transactions", "type": "clause", "offset": [1080, 1100]}, {"key": "expenses-and", "type": "clause", "offset": [1330, 1342]}, {"key": "secured-term-loan", "type": "definition", "offset": [1445, 1462]}, {"key": "payments-of", "type": "definition", "offset": [1672, 1683]}, {"key": "payment-due", "type": "clause", "offset": [1708, 1719]}, {"key": "at-maturity", "type": "clause", "offset": [1720, 1731]}, {"key": "notes-maturity-date", "type": "definition", "offset": [2442, 2461]}, {"key": "principal-amount", "type": "definition", "offset": [2478, 2494]}, {"key": "per-annum", "type": "clause", "offset": [2530, 2539]}], "hash": "9613813e24b3e9fff643c929f51c2d33", "id": 10}], "next_curs": "CmESW2oVc35sYXdpbnNpZGVyY29udHJhY3Rzcj0LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIdbWluaW11bS1hdmFpbGFiaWxpdHkjMDAwMDAwMGEMogECZW4YACAA", "definition": {"snippet": "has the meaning specified in Section 7.18(c).", "title": "Minimum Availability", "size": 57, "id": "minimum-availability", "examples": ["The ISO developed the <strong>Minimum Availability</strong> Standard(s) set forth below for each RMR Generator based on (a) the RMR Generator\u2019s historical performance, (b) any deferred maintenance, repair or capital expenditure costs that are included in RMR Avoidable Costs for an RMR Generator that can reasonably be expected to improve the RMR Generator\u2019s availability, and (c) other factors that are specific to the particular RMR Generator for which the <strong>Minimum Availability</strong> Standard was developed.", "The requirements set forth below specify the <strong>Minimum Availability</strong>, Minimum Performance and Operation to Address the Reliability Need Standards that each RMR Generator is expected to achieve in order to continue to be entitled to compensation under this Agreement, including recovery of the cost of Capital Expenditures and Additional Costs.", "During any <strong>Minimum Availability</strong> Period, the Borrower will not permit the Consolidated Fixed Charge Coverage Ratio for the most recently ended Test Period prior to the commencement of such <strong>Minimum Availability</strong> Period or for any Test Period ending during such <strong>Minimum Availability</strong> Period to be less than 1.0 to 1.0.", "As of the last day of the Fiscal Quarter ending June 30, 2010 and any Fiscal Quarter thereafter, for which, in any case, average daily Aggregate Availability for the thirty (30) day period ending on such date is less than the Applicable <strong>Minimum Availability</strong> Threshold, the Credit Parties shall not permit the Fixed Charge Coverage Ratio for the twelve fiscal month period ending on such date to be less 1.10 to 1.00.", "For the avoidance of doubt, this Section 7.04 shall not be a condition to any Credit Event if after giving effect to such Credit Event Borrowing Availability is at least equal to the <strong>Minimum Availability</strong> Amount.", "If after giving effect to the Credit Event the Borrowing Availability would be less than the <strong>Minimum Availability</strong> Amount, the Fixed Charge Coverage Ratio for the most recently ended four-Fiscal Quarter period prior to the date of such Credit Event for which financial statements have been delivered is no less than 1.00:1.00.", "The Network Hub will be available 24 hours per day, 365 days per year with a <strong>Minimum Availability</strong> level of 99.6% and a Target Availability of 99.95% excluding scheduled maintenance periods.", "The Borrower shall maintain Availability equal to or in excess of <strong>Minimum Availability</strong> at all times.", "Subject to 8.9.2 and 8.9.3, NAVITAIRE shall, at its own expense, use commercially reasonable efforts to correct the deficiency in order to meet the Component <strong>Minimum Availability</strong> Target.", "NAVITAIRE will have the opportunity to earn back rebates in the months following Interrupted Service events or Partial Service Interruptions in which rebates were incurred, provided that NAVITAIRE achieves System Availability greater than the Minimum System Availability Target or Component <strong>Minimum Availability</strong> Target, as applicable, in each subsequent month."], "related": [["maximum-availability", "Maximum Availability", "Maximum Availability"], ["required-availability", "Required Availability", "Required Availability"], ["system-availability", "System Availability", "System Availability"], ["excess-availability", "Excess Availability", "Excess Availability"], ["undrawn-availability", "Undrawn Availability", "Undrawn Availability"]], "related_snippets": [], "updated": "2025-07-18T05:45:24+00:00"}, "json": true, "cursor": ""}}