Getting a certain amount of
sales in a certain amount of time is what the business revolves around, after all, and is the difference between a bestseller and a failed book.
Not exact matches
If at any
time the aggregate
amount of outstanding revolving loans, unreimbursed letter
of credit drawings and undrawn letters
of credit under the Asset - Based Revolving Credit Facility exceeds the lesser
of (a) the commitment
amount and (b) the borrowing base (including as a result
of reductions to the borrowing base that would result from
certain non-ordinary course
sales of inventory with a value
in excess
of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters
of credit
in an aggregate
amount equal to such excess, with no reduction
of the commitment
amount.
If at any
time the aggregate
amount of outstanding revolving loans, unreimbursed letter
of credit drawings and undrawn letters
of credit under the Asset - Based Revolving Credit Facility exceeds the lesser
of (a) the commitment
amount and (b) the borrowing base (including as a result
of reductions to the borrowing base that would result from
certain non-ordinary course
sales of inventory with a value
in excess
of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters
of credit
in an aggregate
amount equal to such excess, with no reduction
of the commitment
amount.
If you boosted
sales by a significant percentage
in a
certain amount of time, let them know.