Closing Availability. After giving effect to all Borrowings to be made on the Closing Date, the issuance of any Letters of Credit on the Closing Date and the payment of all fees and expenses due hereunder, and except to the extent otherwise contemplated by the Orders, with all of the Loan Parties’ indebtedness, liabilities, and obligations current so long as permitted to be paid in accordance with the Approved Budget, the Availability shall not be less than $20,000,000.
Appears in 1 contract
Sources: Debtor in Possession Credit Agreement (Tuesday Morning Corp/De)
Closing Availability. After giving effect to all Borrowings to be made on the Closing Date, the issuance of any Letters of Credit on the Closing Date and the payment of all fees and expenses due hereunder, and except to the extent otherwise contemplated by the Orders, with all of the Loan Parties’ indebtedness, liabilities, and obligations current so long as permitted to be paid in accordance with the Approved Budgetcurrent, the Availability shall not be less than $20,000,00025,000,000.
Appears in 1 contract
Sources: Credit Agreement (Akorn Inc)
Closing Availability. After giving effect to all Borrowings to be made on the Closing Date, the issuance of any Letters of Credit on the Closing Date and the payment of all fees and expenses due hereunder, and except to the extent otherwise contemplated by the Orders, with all of the Loan Credit Parties’ indebtedness, liabilities, and obligations current so long as permitted to be paid in accordance with the Approved Budgetcurrent, the Aggregate Availability shall not be less than $20,000,000€30,000,000.
Appears in 1 contract
Sources: Abl Credit Agreement (Univar Inc.)
Closing Availability. After giving effect to all Borrowings to be made on the Closing Date, the issuance of any Letters of Credit on the Closing Date and the payment of all fees and expenses due hereunder, and except to the extent otherwise contemplated by the Orders, with all of the Loan Parties’ indebtedness, liabilities, and obligations current so long as permitted to be paid in accordance with the Approved Budget, the Availability shall not be less than $20,000,000[_______].
Appears in 1 contract
Closing Availability. After giving effect to all Borrowings to be made on the Closing Date, the issuance of any Letters of Credit on the Closing Date and the payment of all fees and expenses due hereunder, and except to the extent otherwise contemplated by the Orders, with all of the Loan Parties’ indebtedness, liabilities, and obligations current so long as permitted to be paid in accordance with the Approved Budget, the . Availability shall not be less than $20,000,00022,500,000.
Appears in 1 contract
Sources: Credit Agreement (Accellent Inc)