Availability Statement definition

Availability Statement means the certificate in substantially the form of Exhibit B attached hereto and made part hereof.
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Availability Statement means the certificate in substantially the form of Exhibit B hereto to be submitted by the Borrower to WFFPC in accordance with the provisions of Section 2.1 and Section 3.3 hereof.
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Availability Statement means the certificate in substantially the form of Exhibit B attached hereto and made part hereof. “Bank Products” means any one or more of the following financial products or accommodations extended to Borrowers or their Subsidiaries, or any of them, by a Bank Product Provider: (a) credit cards (including commercial credit cards (including so-called “procurement cards” or “P-cards”)), (b) credit card processing services, (c) debit cards, (d) stored value cards, (e) Cash Management Services, or (f) transactions under Hedge Agreements. “Bank Product Agreements” means those agreements entered into from time to time by Borrowers or their Subsidiaries, or any of them, with a Bank Product Provider in connection with the obtaining of any of the Bank Products. “Bank Product Collateralization” means providing cash collateral (pursuant to documentation reasonably satisfactory to Agent) to be held by Agent for the benefit of the Bank Product Providers (other than the Hedge Providers) in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure with respect to the then existing Bank Product Obligations (other than Hedge Obligations). “Bank Product Obligations” means (a) all obligations, liabilities, reimbursement obligations, fees, or expenses owing by Borrowers or their Subsidiaries, or any of them, to any Bank Product Provider pursuant to or evidenced by a Bank Product Agreement and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, (b) all Hedge Obligations, and (c) all amounts that Agent or any Lender is obligated to pay to a Bank Product Provider as a result of Agent or such Lender purchasing participations from, or executing guarantees or indemnities or reimbursement obligations to, a Bank Product Provider with respect to the Bank Products provided by such Bank Product Provider to Borrowers or their Subsidiaries, or any of them. “Bank Product Provider” means ▇▇▇▇▇ Fargo or any of its Affiliates. “Bank Product Reserve Amount” means, as of any date of determination, the dollar amount of reserves that Agent has determined is necessary or appropriate to establish (based upon the Bank
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Examples of Availability Statement in a sentence

  • In the event that amounts outstanding hereunder at any time exceed the Borrowing Base (whether established by an Availability Statement or otherwise) Borrowers shall pay to Agent immediately and without demand or notice of any kind required, the amount by which Borrowers’ indebtedness hereunder exceeds the Borrowing Base then applicable, together with all accrued interest on the amount so paid and any fees and costs incurred in connection therewith.

  • We will use best efforts to make the Services available during the Available Hours of Operation (as defined below) in accordance with the Service Availability Statement located at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/us/license-terms-of-use/service- availability-statement/relay.html.

  • If such reserve shall be insufficient to pay such charges, such resigning or removed Master Trustee shall be entitled to recover the amount of any deficiency from the Company or from the successor master trustee or from both the Company and the successor master trustee.

  • Declarations Data Availability Statement: The data are not publicly available due to [participant not providing consent to publicly share data].

  • In the event that amounts outstanding hereunder at any time exceed the Borrowing Base (whether established by an Availability Statement or otherwise) Borrower shall pay to WFFPC immediately and without demand or notice of any kind required, the amount by which Borrower's indebtedness hereunder exceeds the Borrowing Base then applicable, together with all accrued interest on the amount so paid and any fees and costs incurred in connection therewith.

  • In the event that amounts outstanding hereunder at any time exceed the Borrowing Base (whether established by an Availability Statement or otherwise) Borrowers shall pay to WFPC immediately and without demand or notice of any kind required, the amount by which Borrowers’ indebtedness hereunder exceeds the Borrowing Base then applicable, together with all accrued interest on the amount so paid and any fees and costs incurred in connection therewith.

  • A completed Availability Statement; Acknowledgment and Waiver Agreement.

  • In the event that the Usage at any time exceeds the Borrowing Base (whether established by an Availability Statement or otherwise) (such excess being referred to as the “Borrowing Base Excess”), Borrowers shall pay to Agent immediately and without demand or notice of any kind required, the Borrowing Base Excess.

  • In the event that amounts outstanding hereunder at any time exceed the Borrowing Base (whether established by an Availability Statement or otherwise) Borrowers shall pay to WFFPC immediately and without demand or notice of any kind required, the amount by which Borrowers’ indebtedness hereunder exceeds the Borrowing Base then applicable, together with all accrued interest on the amount so paid and any fees and costs incurred in connection therewith.

  • A certificate, dated the date of this Agreement, signed by the Chief Executive Officer, President or Chief Financial Officer of each Borrower certifying that (i) all representations and warranties set forth in this Agreement are true and correct as of the date hereof and (ii) no Default or Event of Default hereunder has occurred; Availability Statement.

Related to Availability Statement

  • Availability Standards has the meaning set forth in the CAISO Tariff.

  • Availability Block means $15,000,000.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.