Common use of Unused Availability Clause in Contracts

Unused Availability. The Loan Parties shall not permit Unused Availability at any time to be less than $10,000,000. At all such times during which the Borrowers have Unused Availability of less than $25,000,000, the Loan Parties shall not at any time permit Consolidated Net Worth to be less than the Base Net Worth.

Appears in 2 contracts

Sources: Credit Agreement (Super Test Petroleum Inc), Credit Agreement (Kwik Fil Inc)