Seasonal Availability definition

Seasonal Availability with respect to the water to which an entitlement refers means:
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Seasonal Availability means at the time determined, the Seasonal Facility Amount minus the Principal Debt owed to the Seasonal Lenders.
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Seasonal Availability. Seasonal Bank," "Seasonal Bank Commitment," "Seasonal Bank Commitment Percentage," "Seasonal Borrowing," "Seasonal Drawdown Termination Date," "Seasonal Facility," "Seasonal Facility Amount," "Seasonal Facility Termination Date," "Seasonal Issuer," "Seasonal Period" and "Seasonal Lenders.
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Examples of Seasonal Availability in a sentence

  • This particularly includes quality and type of inputs used.8Packing and Transportation Cost1250 Total Cost of Production35000 Net Profit27500 Chapter 5- Supply Chain of commodity 5.1. Seasonal Availability5.1.1. Seasonal Availability and Price PatternSeeds turn a yellowish- green after maturity when the crop is harvested and dried in the shade to retain the green colour and aroma.

  • Seasonal Availability of Forest Resources FeedstockAvailableSummary of Forest Feedstock AvailabilityUtilizing findings from this analysis, TSS summarized forest feedstock potentially and practically available.

  • Notwithstanding this Section 12.3, no interest shall be paid with respect to any Monthly Availability Adjustment or Seasonal Availability Adjustment except to the extent that such Monthly Availability Adjustment or Seasonal Availability Adjustment was not correctly calculated and/or invoiced in accordance with this Agreement.

  • Seasonal Availability Block - as defined in the Revolving Credit Agreement.

  • These loan facilities are guaranteed with Group’s trade receivables and coal inventories, collectively, up to US$25,000,000.

  • Seasonal Availability: Salad greens − April-Oct., basil − July-Oct., medicinal/culinary herbs − May-Oct.

  • Last but not the least, the government should create more free trade zone as well as investment friendly environment and arrange some corporate road shows by which trust of foreign traders will be increased.

  • Notwithstanding this Section 6.3, no interest shall be paid with respect to any Monthly Availability Adjustment or Seasonal Availability Adjustment so long as such Monthly Availability Adjustment or Seasonal Availability Adjustment have been correctly calculated and invoiced in accordance with this Agreement.

  • Appendices 410 Average Sugar, Solids, and Acid content of Fruit 410 Seasonal Availability of Fruit 412Glossary 420 Bibliography 423 Internet References 424 Resources 425 Index 426 chapter five Non-Dairy Frozen DessertsMachine Churned or Pacotized/ Scraped and Shaved THE PREVIOUS CHAPTER EXPLAINS THE USDA’SDEFINITIONS FOR DAIRY-BASED TYPES OF FROZENDESSERTS.

  • Seasonal Availability of Common Bee Flora in Relation to Land Use and Colony Performance in Gergera Watershed Atsbi Wembwrta District, Eastern Tigray, Ethiopia.


More Definitions of Seasonal Availability

Seasonal Availability with respect to the water to 25 which an entitlement refers means: 26
Sample 1
Seasonal Availability means (a) $12,500,000 during the four months of the Seasonal Availability Period specified in the applicable Seasonal Availability Request, (b) $10,000,000 at all other times during the applicable Seasonal Availability Period, and (c) -0- at all other times of the year, provided, that, Seasonal Availability shall only be available during any Seasonal Availability Period if the following conditions are satisfied: (i) EBITDA for Administrative Borrower and its Subsidiaries for the immediately preceding twelve (12) consecutive month period ending on the last day of the fiscal month immediately prior to the commencement of the Seasonal Availability Period, shall be at least $50,000,000, as determined by Agent from the EBITDA calculation and reconciliation set forth in the Monthly Seasonal Information Report, (ii) as of the date of the commencement of the Seasonal Availability Period, and after giving effect thereto and at all times during such period, no Default or Event of Default shall exist or have occurred and be continuing, and (iii) Borrowers shall maintain minimum Excess Availability as set forth in the Section 7.1(b) at all times during the Seasonal Availability Period. If at any time during the Seasonal Availability Period any of the following occurs: (A) EBITDA for Administrative Borrower and its Subsidiaries for the immediately preceding twelve (12) consecutive month period ending on the last day of any fiscal month during the Seasonal Availability Period, is less than $50,000,000, (B) any Default or Event of Default shall exist or have occurred and be continuing, or (C) if Borrowers shall fail at any time to maintain minimum Excess Availability as set forth in the Section 7.1(b) hereof then, and in any such event, Seasonal Availability shall be immediately reduced to zero for the remainder of the applicable Seasonal Availability Period; provided, that, in the event that Seasonal Availability is reduced to zero as a result of a failure to comply with the minimum EBITDA requirement as set forth in clause (A), Seasonal Availability, may at the request of Administrative Borrower be reinstated so long as EBITDA for SWI and its Subsidiaries for the immediately preceding twelve (12) consecutive month period ending on the last day of the most recent fiscal month during the Seasonal Availability Period (whether or not Seasonal Availability is then in effect) as evidenced by the most recent Monthly Seasonal Information Report is at least $50,000,000 (inclusi...
Sample 1

Related to Seasonal Availability

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • System Availability means, with respect to any particular calendar month, the ratio obtained by subtracting Unscheduled Downtime during such month from the Total Monthly Time, and thereafter dividing the difference so obtained by the Total Monthly Time. Represented algebraically, System Availability for any particular calendar month is determined as follows:

  • Average Availability means, at any Adjustment Date, the average daily Availability for the fiscal quarter immediately preceding such Adjustment Date.

  • 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.

  • Availability Block means $15,000,000.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Canadian Availability means, as of any date of determination, the amount (if any) by which (a) Canadian Available Credit, exceeds (b) the sum of the aggregate Dollar Equivalent of (i) Revolver Credit Advances made to the Canadian Borrowers plus (ii) the Canadian Borrowers’ Letter of Credit Obligations (other than the Canadian Borrowers’ Letter of Credit Obligations cash collateralized in accordance with the terms of the Loan Documents).

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

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Seasonal means the seasonal Rate Type attributed to a Subscribed Transmission Service as set out in Subscription & Allocation of Services (ACT – attachment B).

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount or (ii) the Maximum Revolving Advance Amount, minus (b) the sum of (i) the outstanding amount of Advances plus (ii) all amounts due and owing to Borrower's trade creditors which are outstanding beyond normal trade terms, plus (iii) fees and expenses for which Borrower is liable but which have not been paid or charged to Borrower's Account.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Availability Reserves means, without duplication of any other Reserves or items that are otherwise addressed or excluded through eligibility criteria, such reserves as the Agent from time to time determines in its discretion as being appropriate (a) to reflect the impediments to the Agent’s ability to realize upon the Collateral, (b) to reflect claims and liabilities that the Agent determines may need to be satisfied in connection with the realization upon the Collateral, (c) to reflect criteria, events, conditions, contingencies or risks which the Agent believes in good faith could adversely affect any component of the Borrowing Base, or the assets, business, financial performance or financial condition of any Loan Party, or (d) to reflect that a Default or an Event of Default then exists. Without limiting the generality of the foregoing, Availability Reserves may include, in the Agent’s discretion, (but are not limited to) reserves based on: (i) rent; (ii) customs duties, and other costs to release Inventory which is being imported into the United States; (iii) outstanding Taxes and other governmental charges, including, without limitation, ad valorem, real estate, personal property, sales, claims of the PBGC and other Taxes which may have priority over the interests of the Agent in the Collateral; (iv) salaries, wages and benefits due to employees of any Borrower, (v) Customer Credit Liabilities, (vi) customer deposits, (viii) reserves for reasonably anticipated changes in the Appraised Value of Eligible Inventory between appraisals, (viii) warehousemen’s or bailee’s charges and other Permitted Encumbrances which may have priority over the interests of the Agent in the Collateral, (ix) amounts due to vendors on account of consigned goods, (x) Cash Management Reserves, (xi) Bank Products Reserves and (xii) royalties payable in respect of licensed merchandise.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Availability Reserve means without duplication, (a) the Rent and Charges Reserve; (b) the Hedge Product Reserve, (c) the Banking Services Reserve; provided that reserves of the type described in this clause (c) shall be instituted only after consultation with the Lead Borrower; (d) the Priority Payable Reserve; (e) the GST, HST Tax Reserve; (f) the Royalty Reserve; and (g) such additional reserves not otherwise addressed in clauses (a) through (f) above, in such amounts and with respect to such matters, as the Administrative Agent in its Permitted Discretion may elect to establish or modify from time to time. Notwithstanding anything to the contrary in this Agreement, (i) such Availability Reserves shall not be established or changed except upon not less than five (5) Business Days’ (or such shorter period as may be agreed by the Lead Borrower) prior written notice to the Lead Borrower, which notice shall include a reasonably detailed description of such applicable Availability Reserve being established (during which period (a) the Administrative Agent shall, if requested, discuss any such Availability Reserve or change with the Lead Borrower and (b) the Lead Borrower may take such action as may be required so that the event, condition or matter that is the basis for such Availability Reserve or change thereto no longer exists or exists in a manner that would result in the establishment of a lower Availability Reserve or result in a lesser change thereto, in a manner and to the extent reasonably satisfactory to the Administrative Agent), (ii) the amount of any Availability Reserve established by the Administrative Agent, and any change in the amount of any Availability Reserve, shall be limited to such Availability Reserve or changes as the Administrative Agent determines in its Permitted Discretion to be necessary (a) to reflect items that could reasonably be expected to adversely affect the value of the applicable Eligible Accounts or Eligible Inventory or (b) to reflect items that could reasonably be expected to adversely affect the enforceability or priority of the Administrative Agent’s Liens on the applicable Collateral, and (iii) the amount of any Availability Reserve established by the Administrative Agent, and any change in the amount of any Availability Reserve, shall have a reasonable relationship to the event, condition or other matter that is the basis for such Availability Reserve, criteria, rate or such change; provided that (x) no Availability Reserves may be established after the Closing Date based on circumstances, contingencies, events, conditions or matters known to the Administrative Agent as of the Closing Date for which no Availability Reserve was imposed on the Closing Date or criteria included in the definitions of Eligible Accounts or Eligible Inventory, in each case, as in effect on the Closing Date, unless such events, conditions or matters have changed in any material adverse respect since the Closing Date, (y) in no event shall any Availability Reserve with respect to any component of the Borrowing Base duplicate any Availability Reserve or adjustment already accounted for in determining eligibility criteria (including collection and/or advance rates) and (z) no Availability Reserve shall be imposed on the first 5% of dilution of Accounts and thereafter no dilution Availability Reserve shall exceed 1% for each incremental whole percentage in dilution over 5% (it being agreed that partial percentage point reserves are permitted (e.g., a reserve for 0.1 percentage points where dilution is 5.1%). Notwithstanding clause (i) of the preceding sentence, changes to the Availability Reserves solely for purposes of correcting mathematical or clerical errors (and such other changes as are otherwise agreed to by the Lead Borrower) shall only be subject to a notice period of one (1) Business Day, it being understood that no Default or Event of Default shall be deemed to result therefrom, if applicable, for a period of five (5) Business Days.

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

  • Average Daily Availability means the average daily Availability for the immediately preceding Fiscal Quarter.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Anticipated total county revenue availability means the sum of the:

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.