Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Availability definition

What does Availability mean? In asset-based lending, availability is the borrowing headroom a borrower can draw at a given time, calculated by reference to the agreed borrowing base. It is a commercial term used in ABL facility agreements rather than a concept defined by legislation or case law in England & Wales, Scotland, Northern Ireland or Ireland. Availability typically equals the sum of advance rates applied to eligible asset classes (commonly receivables and inventory/stock, and sometimes plant and machinery or real estate components) less agreed reserves and less current utilisation, and is always capped by the facility limit. It is affected by eligibility criteria,...

UK Energy from Waste Infrastructure: Regulatory, Procurement, Funding and Contracting Issues for Lawyers

Published by a LexisNexis Construction expert

Practice notes

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Traditionally, landfill dominated waste treatment in the UK, largely because past mineral Extraction left plentiful suitable sites. Since the mid‑1990s, though, practice has shifted as the climate implications of waste management have been recognised and legislation has made landfill less appealing. These shifts have, in turn, encouraged the growth of waste to energy plants, which take waste and convert it into usable energy. Outputs include electricity and heat, alongside Commodities such as transport fuels or natural gas. Many new facilities are being developed with energy generation, as well as waste management, as a central part of their role. Each year the UK produces substantial volumes of waste. Government data indicates the UK generated around 32.6 million tonnes of commercial and industrial waste in 2023, down from 40.4 million tonnes in 2020. Household waste was over 25 million tonnes in 2023 compared with 27 million tonnes in 2020. Recycling rates rose over that period...

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Dr Julie Morrissy , PhD

Keystone Law

Julie is recommended in Chambers for construction law. She has been advising clients in both the public and private sector for over 25 years in both contentious and non-contentious law matters, having previously been an academic and University lecturer in English Literature. She has been a partner in a number of leading law firms in her career and was instrumental in setting up the Prince’s Trust Get into Construction programme to help disadvantaged young people into the industry....

Web page updated on 22/05/2026

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