Availability

Availability. Means the lessor of (I) the difference of (i) the Borrowing Base and (ii) the sum of (A) the outstanding principal balance of the Revolving Note and (B) the L/C Amount and (II) the Maximum Line less the sum of (A) the outstanding principal balance of the Revolving Note, (B) the L/C Amount, (C) the outstanding principal balance of the Southern Flow Revolving Note, (D) the outstanding principal balance of the PowerSecure Revolving Note, and (E) the PowerSecure L/C Amount.

Availability. A calculation on a Daily Availability Report which reflects the total amount of Client's Reserve Account which is available for disbursement to Client at a given point in time; equal to the Face Amount of all Purchased Accounts less the Required Reserve Amount.

Availability. Means the excess of (i) the lesser of (A) the Revolving Committed Amount and (B) the Borrowing Base over (ii) the sum of (A) the aggregate amount of Revolving Loans outstanding plus (B) the aggregate amount of Swingline Loans outstanding plus (C) the LOC Obligations plus (D) the aggregate amount of the Term Loan outstanding.

Availability. At any time of determination, the lesser of (i) $65,000,000, (as such amount may be increased in accordance with the provisions hereof), and (ii) an amount equal to the difference between (a) the sum of (1) 100% of the Cash and Cash Equivalents on deposit in the Cash Collateral Account and (2) as to each item of Additional Collateral on deposit in the Cash Collateral Account, the amount of such Additional Collateral multiplied by the Advance Rate and (b) the aggregate Letter of Credit... Outstandings. View More

Availability. Means an amount equal to the difference of (i) the lesser of (A) the Total Revolving Credit Commitment or (B) the then Borrowing Base, in either case, less an amount equal to the sum of (x) One Million Dollars ($1,000,000), (y) the aggregate amount of the Standby Letters of Credit and (z) the amount of the Borrower's rent reserve and (ii) the then aggregate amount of Outstandings.

Availability. Shall mean, at any time, the aggregate amount of the revolving loans and letter of credit accommodations available to Borrowers from the Working Capital Lenders based on the aggregate amount of the Borrowing Base (as such term is defined in the Working Capital Loan and Security Agreement as in effect on the date hereof) of all Borrowers determined without regard to any revolving loans or letter of credit accommodations then outstanding, and, accordingly, the term "Availability" is used herein... to mean the aggregate amount of revolving loans and letter of credit accommodations available without any reduction for the amount of revolving loans or letter of credit accommodations outstanding. View More

Availability. Means that the SiriCOMM network will be available for ACS use 99.99% of the time.

Availability. [total minutes in the year – (total yearly minutes of unplanned downtime + total yearly minutes of scheduled maintenance downtime) / (total minutes in the year – total yearly minutes scheduled maintenance downtime)], as measured and reported on a calendar month basis.

Availability. Means (i) with respect to all Borrowers on a consolidated basis, the difference between (x) the aggregate Borrowing Base for all Borrowers and (y) the sum of (A) the outstanding principal balance of the Revolving Note, (B) the L/C Amount, (C) the Borrowing Base Reserve, (D) the Tax Reserve and (E) the Indebtedness that all Borrowers on a consolidated basis owe to the Lender that has not yet been advanced on the Revolving Note, and the dollar amount that the Lender in its reasonable discretion... then determines to be a reasonable determination of the Borrowers' aggregate credit exposure with respect to any swap, derivative, foreign exchange, hedge, deposit, treasury management or other similar transaction or arrangement offered to the Borrowers by the Lender that is not described in Article II of this Agreement and any indebtedness owed by the Borrowers to Wells Fargo Merchant Services, L.L.C., and (ii) with respect to any Borrower individually, the difference between (x) the Borrowing Base for that Borrower and (y) the sum of (A) the outstanding principal balance of Revolving Advances made to that Borrower, (B) the L/C Amount for that Borrower, (C) the Borrowing Base Reserve related to that Borrower and (D) the Indebtedness that such Borrower on a consolidated basis owes to the Lender that has not yet been advanced on the Revolving Note, and the dollar amount that the Lender in its reasonable discretion then determines to be a reasonable determination of such Borrower's aggregate credit exposure with respect to any swap, derivative, foreign exchange, hedge, deposit, treasury management or other similar transaction or arrangement offered to such Borrower by the Lender that is not described in Article II of this Agreement and any indebtedness owed by such Borrower to Wells Fargo Merchant Services, L.L.C. View More

Availability. Means, on any date, the Loan Amount, less the sum of (a) the principal amount of all Notes outstanding under this Agreement, plus (b) the product of (i) the number of days from the Effective Date to the date on which Availability is to be determined, multiplied by (ii) $2,740.