Revolver Availability Amount definition
Revolver Availability Amount means, as at any date of determination, the excess of the aggregate of Revolving Credit Commitments of Revolving Credit Lenders over the aggregate Revolving Credit Outstandings of Revolving Credit Lenders.
Revolver Availability Amount means, as at any date of determination, the excess of the aggregate of Tranche A-1 Revolving Commitments of Tranche A-1 Revolving Lenders over the aggregate Revolving Exposure of Tranche A-1 Revolving Lenders.
Revolver Availability Amount means, as of any date of determination, an amount equal to (a) the lesser of (i) the Maximum Revolver Amount and (ii) the Aggregate Borrowing Base, minus (b) the then outstanding Revolver Usage.
Examples of Revolver Availability Amount in a sentence
Minimum Liquidity shall mean, as at any date of determination, the sum of Available Cash and, so long as at any such date of determination the conditions precedent set forth in Section 6.02 are satisfied, the Revolver Availability Amount.
After giving effect to the Transactions, the Revolver Availability Amount under the Revolver Facility shall be no less than $150,000,000.