Facility Availability definition

Facility Availability means, on any Business Day, the excess of (a) the lesser of (i) the Facility Limit on such date and (ii) the Borrowing Base on such date, over (b) the Outstanding Loan Amount on such date.

Facility Availability means at any time the difference of (i) the lowest of the Borrowing Base, the Aggregate Commitments or the Facility Amount at such time minus (ii) Revolving Credit Exposure at such time.

Facility Availability means, with respect to any date of determination during the Revolving Commitment Period, (i) all Collections on deposit in the Disbursement Account, minus (ii) for any date of determination, the product of (x) 1.10 and (y) the total amount of funds projected to be distributed pursuant to Section 2.10(a)(i), (ii) and (iii) on the immediately succeeding Settlement Date, in each case as determined by the Administrative Agent in its sole discretion.

Examples of Facility Availability in a sentence

• Pre- ordering query types include: Address Verification/Dispatch required; Request for Telephone Number; Request for Customer Service Record; Service Availability; Service Appointment Scheduling (due Date); Rejected/Failed Inquires; and Facility Availability.

• TIME STRUCTURE Facility Availability DEPOSITS Status Cash Deposits INDUSIND BANK within 1 day of receipt Cheque Deposits INDUSIND BANK within 2 days of receipt Cheque "AT PAR" NO INDUSIND BANK within 2 days of receipt Demand Draft NO INDUSIND BANK within 2 days of receipt XXXX format Dispatch Regional office within 2 days of receipt In case of failures of deposits as stated above, GST @ 18% p.a. will be charged on the outstanding amount.

• Thus, while Maintenance is important to ensuring Availability, drastic increases in Maintenance will not lead to substantial improvements in Transmission Facility Availability and associated grid reliability.

• The key to the effectiveness of the ISO Maintenance Standards is the establishment of a consistent measure of Transmission Facility Availability (Availability Measures ) and the initial setting of the Availability Measure Targets as well as periodic revisions of those targets.

• Facility Availability and RequirementsCollege facilities are normally available Monday through Sunday between the hours of 7:00 A.M. and 10:00 P.M., except on holidays and other days of scheduled closures.

More Definitions of Facility Availability

Facility Availability means whether or not a facility is available in a manner to satisfy the concurrency management system.

Facility Availability means the sum of the Facility Availability (Revolving Loans) and the Facility Availability (Term Loans).

Facility 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 the Maximum Undrawn Amount of all outstanding Letters of Credit, minus (b) the outstanding amount of Advances (other than the Term Loan).

Facility Availability means, as of any date, the difference between (i) the Borrowing Base on such date and (ii) the outstanding principal amount of the Loans, together with all accrued interest, fees, costs and any other amounts then due from Borrower under this Agreement on such date.

Facility Availability. From time to time, the lesser of (a) the Total Commitment, or (b) the Unencumbered Asset Pool Availability.

Facility Availability as defined in the Existing Credit Agreement.

Facility Availability. On any day, an amount equal to the lesser of (a) the Loan Limit and (b) the excess, if any, of the Borrowing Base over the sum of (i) the Advances Outstanding on such day and (ii) the principal amount of Advances requested to be made on such day.