Availability Utilization Percentage Share

Availability Utilization Percentage Share. Availability Utilization Percentage Share" means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Credit Exposures of the Lenders on such day, and the denominator of which is the difference of (i) the product of EBITDA of the preceding four fiscal quarters, as calculated in the most recent Compliance Certificate, multiplied by three (3) less (ii) the aggregate Permitted Subordinated Debt of the Borrower and its Subsidiaries outstanding, in effect... on such day." View More