Availability Limit
Availability Limit. Shall mean, determined as of the end of each Fiscal Quarter, EBITDA of the Borrower determined as of the end of each Fiscal Quarter together with the immediately preceding three (3) Fiscal Quarters on a four (4) Fiscal Quarter basis multiplied by (x) the then maximum permitted Leverage Ratio applicable as of the end of such Fiscal Quarter, less the aggregate of Funded Debt (exclusive of the Aggregate Outstandings under the Credit Facility) as of the end of such Fiscal Quarter. Each calculation...
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CENTURY CASINOS INC contract