Maximum Availability Amount

Example Definitions of "Maximum Availability Amount"
Maximum Availability Amount. $142,500,000; provided that the Maximum Availability Amount shall be reduced by an amount equal to (i) the aggregate amount of Motor Vehicle Operating Lease Obligations under Rental Agreements entered into by the Borrower and its Subsidiaries after the Amendment No. 3 Effective Date, (ii) the principal equivalent amount of all capital leases entered into by the Borrower and its Subsidiaries after the Amendment No. 3 Effective Date, ... and (iii) the aggregate amount of Indebtedness incurred by the Borrower and its Subsidiaries pursuant to Sections 12.1(d) and (k), in each case, after the Amendment No. 3 Effective Date. Each such reduction shall take effect immediately upon the Borrower or such Subsidiary entering into such lease or incurring such Indebtedness, as the case may be, and, once made, shall be permanent and irrevocable. In addition, the Maximum Availability Amount may be reduced pursuant to Section 2.9 hereof. View More Arrow
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