Common use of Minimum Availability Clause in Contracts

Minimum Availability. The Borrower shall cause the aggregate outstanding principal amount of the Advances to be less than 90% of the Borrowing Base at all times (the “Minimum Availability Requirement”).

Appears in 3 contracts

Sources: Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP)

Minimum Availability. The Borrower shall cause the aggregate outstanding principal amount of the Revolver Advances to be less than 90% of the Borrowing Base at all times (the “Minimum Availability Requirement”).

Appears in 2 contracts

Sources: Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP)