Pro Forma Availability definition

Pro Forma Availability means, for any date of calculation, Availability as of the date of any Specified Payment and the projected Availability at the end of each Fiscal Month during the immediately succeeding six (6) Fiscal Month period.
Pro Forma Availability means, for any date of calculation, the projected average Availability (exclusive of any projected Short-Term Borrowings) for each Fiscal Month during any projected twelve (12) Fiscal Months.
Pro Forma Availability means, as of any date of calculation, after giving pro forma effect to the transaction then to be consummated or the payment then to be made, Availability as of the date of such transaction or payment and projected average monthly Availability for each month during the subsequent projected six (6) fiscal months.

Examples of Pro Forma Availability in a sentence

  • Upon receipt of the Pro Forma Availability Report, the Applicable Commitment Fee Rate shall be retroactively adjusted and applied to the period beginning on September 1, 2012 in the chart above.

  • RP Pro Forma Availability Condition: for any date of calculation with respect to any transaction or payment, the Pro Forma Availability following, and after giving effect to, such transaction or payment, will be equal to or greater than $25,000,000.

  • Pro Forma Availability Condition: for any date of calculation with respect to any transaction or payment, the Pro Forma Availability following, and after giving effect to, such transaction or payment, will be equal to or greater than $10,000,000.

  • As of the date of receipt of the Pro Forma Availability Report, the Applicable Margin shall be retroactively adjusted and applied to the period beginning on September 1, 2012 and shall be the Applicable Margin set forth in Subsections 2.11.1 (Rates) and 2.11.2 (Applicable Margin).

  • At any time that the Borrowers shall have satisfied the Pro Forma Availability Condition, the Lead Borrower (on behalf of the Borrowers) may terminate the Incremental Revolving Loan Commitments in whole but not in part without penalty or premium.


More Definitions of Pro Forma Availability

Pro Forma Availability means, for any date of calculation with respect to any transaction or payment, Excess Availability after giving effect to such transaction or payment on Pro Forma Basis;
Pro Forma Availability means, as of any date of determination, an amount equal to the Excess Availability as of such date projected by the management of the U.S. Borrower in good faith, after giving effect on a Pro Forma Basis to the relevant transaction (with such calculation to include the amount of the Global Borrowing Base as of such date as projected by the management of the U.S. Borrower in good faith after giving effect on a Pro Forma Basis to the relevant transactions and the amount of the Total Revolving Facility Commitments as of such date as projected by the management of the U.S. Borrower in good faith); provided that, for purposes of such calculation, the Global Borrowing Base shall be deemed to include any assets acquired pursuant to any relevant transaction.
Pro Forma Availability means, for any date of calculation, after giving pro forma effect to the transaction then to be consummated, the projected Average Daily Availability for each Fiscal Month during any subsequent projected twelve (12) Fiscal Months.
Pro Forma Availability means for any date of calculation, the Availability on such date determined as if the applicable cash Cost of Acquisition, Investment, Restricted Payment or other payment had been incurred or made on such date.
Pro Forma Availability means, as of any date of determination, an amount equal to the Excess Availability as of such date projected by the management of Intermediate Holdings in good faith, after giving effect on a Pro Forma Basis to the relevant transaction (with such calculation to include the amount of the Global Borrowing Base as of such date as projected by the management of Intermediate Holdings in good faith after giving effect on a Pro Forma Basis to the relevant transactions and the amount of the Aggregate Revolving Facility Commitments as of such date as projected by the management of Intermediate Holdings in good faith); provided that, for purposes of such calculation, the Global Borrowing Base shall be deemed to include any assets acquired pursuant to any relevant transaction.
Pro Forma Availability means for any date of calculation, the Availability on such date determined as if the applicable Cost of Acquisition had been incurred or made on such date.
Pro Forma Availability means, for any date of calculation, the projected average monthly Excess Availability for each month during any projected twelve (12) months (and measured at the end of each such month).