Example ContractsClausesAvailable Commitment
Available Commitment
Available Commitment contract clause examples

Available Commitment. After giving effect to the proposed Borrowing or issuance of Letter of Credit, the Dollar Equivalent of the Principal Obligations will not exceed the Available Commitment; and

has the meaning given to such term in [Section 4.1(a)] of the Plan.

Available Awards. The Plan provides for the grant of the following Awards: # Incentive Stock Options; # Nonstatutory Stock Options; # SARs; # Restricted Stock Awards; # RSU Awards; # Performance Awards; and # Other Awards.

Available Liquidity. At all times, the Borrower shall not permit its Available Liquidity to be less than 7.5% of the Facility Amount.

Available Awards. Awards that may be granted under the Plan include: # Incentive Stock Options, # Non-qualified Stock Options, # Stock Appreciation Rights, # Restricted Awards and # Performance Compensation Awards. Notwithstanding the foregoing, Inducement Awards that may be granted under the Plan may include: # Non-qualified Stock Options, # Stock Appreciation Rights, and # Restricted Awards.

Available Awards. The Plan provides for the grant of the following Stock Awards: # Options, # Stock Appreciation Rights # Restricted Stock Awards, # Restricted Stock, and # Restricted Stock Unit Awards, and # Other Stock Awards.

Available Awards. Awards that may be granted under the Plan include: # Incentive Stock Options, # Non-qualified Stock Options, # Stock Appreciation Rights, # Restricted Awards and # Performance Compensation Awards. Notwithstanding the foregoing, Inducement Awards that may be granted under the Plan may include: # Non-qualified Stock Options, # Stock Appreciation Rights, and # Restricted Awards.

Available Awards. The Plan provides for the grant of the following types of Awards: # Incentive Stock Options, # Nonstatutory Stock Options, # Stock Appreciation Rights # Restricted Stock Awards, # Restricted Stock Unit Awards, # Performance Stock Awards, # Performance Cash Awards, and # Other Stock Awards.

Shares Available. The aggregate number of shares of Common Stock that may be subject to Awards granted under this Plan shall be 5,000,000 shares of Common Stock, which may be authorized and unissued or treasury shares, subject to any adjustments made in accordance with Section 9 below.

Shares Available. Subject to adjustment as provided in Section 5.7 and to all other limits set forth in this Plan, the number of Shares initially available under this Plan, other than Substitute Awards, shall be the sum of # 1,500,000 and # the number of shares of Common Stock that remain available for issuance under the Great Lakes Dredge & Dock Corporation 2017 Long‑Term Incentive Plan as of the effective date of this Plan. Subject to adjustment as provided in Section 5.7, no more than 1,500,000 shares of Common Stock in the aggregate may be issued under the Plan in connection with Incentive Stock Options. The number of shares of Common Stock that remain available for future grants under the Plan shall be reduced by the sum of the aggregate number of shares of Common Stock which become subject to outstanding options, outstanding Free-Standing SARs, outstanding Stock Awards and outstanding Performance Awards denominated in shares of Common Stock.

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