Revolver Availability Amount definition

Revolver Availability Amount means, as at any date of determination, the excess of the aggregate of Revolving Credit Commitments of Revolving Credit Lenders over the aggregate Revolving Credit Outstandings of Revolving Credit Lenders.
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Revolver Availability Amount means, as at any date of determination, the excess of the aggregate of Tranche A-1 Revolving Commitments of Tranche A-1 Revolving Lenders over the aggregate Revolving Exposure of Tranche A-1 Revolving Lenders.
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Revolver Availability Amount means, as of any date of determination, an amount equal to (a) the lesser of (i) the Maximum Revolver Amount and (ii) the Aggregate Borrowing Base, minus (b) the then outstanding Revolver Usage.
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Examples of Revolver Availability Amount in a sentence

  • Minimum Liquidity shall mean, as at any date of determination, the sum of Available Cash and, so long as at any such date of determination the conditions precedent set forth in Section 6.02 are satisfied, the Revolver Availability Amount.

  • After giving effect to the Transactions, the Revolver Availability Amount under the Revolver Facility shall be no less than $150,000,000.

Related to Revolver Availability Amount

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of (i) the principal amount of Revolving Loans and Swing Loans made and outstanding at such time and (ii) the LC Outstandings at such time.

  • 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.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.