Common use of Unused Availability Clause in Contracts

Unused Availability. For the quarters ending December 31, 2003 through June 30, 2004, permit the Unused Availability to be less than US$25,000,000, where "Unused Availability" means the lesser of (i) the Total U.S. Dollar Revolving Credit Commitment plus the Total Canadian Dollar Credit Commitment and (ii) the amount by which the Borrowing Base exceeds the aggregate principal amount of all U.S. Dollar Loans then outstanding plus the then-current L/C Exposure plus the U.S. Dollar Equivalent of the aggregate principal amount of all Canadian Dollar Loans then outstanding plus the U.S. Dollar Equivalent of the then-current BA Exposure plus the unused portion of the Special Tranche for all Designated Picture that have not yet been Completed.