Common use of Revolving Credit Availability Clause in Contracts

Revolving Credit Availability. On the Closing Date, the Revolving Credit Availability shall be no less than Ten Million Dollars ($10,000,000); provided that, for purposes of calculating the Revolving Credit Availability under this Section 4.2(n), Revolving Credit Exposure shall include, (i) any fees and expenses due under Section 4.2(k) hereof, and (ii) Borrower’s initial credit request under the Revolving Credit Commitment.

Revolving Credit Availability. On the Closing Date, the Revolving Credit Availability shall be no less than Ten One Million Seven Hundred Fifty Thousand Dollars ($10,000,0001,750,000); provided that, for purposes of calculating the Revolving Credit Availability under this Section 4.2(n4.2(s), Revolving Credit Exposure shall include, without duplication, (i) any fees and expenses due under Section 4.2(k4.2(o) hereof, and (ii) Borrower’s any accounts payable of a Borrower with balances over sixty (60) days past due, and (iii) Borrowers’ initial credit request under the Revolving Credit Commitment.

Revolving Credit Availability. On the Closing Date, the Revolving Credit Availability shall be no less than Ten Million Dollars ($10,000,000); provided that, for purposes of calculating the Revolving Credit Availability under this Section 4.2(n), Revolving Credit Exposure shall include, without duplication, (i) any fees and expenses due under Section 4.2(k) hereof, and (ii) Borrower’s any accounts payable of Borrowers with balances over sixty (60) days past due, and (iii) Borrowers’ initial credit request under the Revolving Credit Commitment.