Availability Reserve

Example Definitions of "Availability Reserve"
Availability Reserve. ‘Availability Reserve' means a reserve in the amount at all times equal to $500,000.
Found in MEADE INSTRUMENTS CORP contract
Availability Reserve. A reserve in the amount of $250,000 at all times.
Found in MEADE INSTRUMENTS CORP contract
Availability Reserve. ‘Availability Reserve' means, until (a) the Borrowers' Fixed Charge Coverage Ratio is equal to or greater than 1.00 to 1.00 and (b) the Borrowers' US Fixed Charge Coverage Ratio is equal to or greater than 1.00 to 1.00, a reserve against Availability equal to $4,000,000.
Found in MEADE INSTRUMENTS CORP contract
Availability Reserve. A reserve of $500,000 against borrowing availability under the Revolving Advances facility.
Found in Enservco Corp contract
All Definitions