Common use of Additional Borrowing Base Properties Clause in Contracts

Additional Borrowing Base Properties. If after the Effective Date the Borrower desires that any additional Eligible Property be included in calculations of the Borrowing Base, the Borrower shall so notify the Administrative Agent in writing and provide the Administrative Agent with the following, in form and substance reasonably satisfactory to the Administrative Agent:

Additional Borrowing Base Properties. If after the Effective Date the Borrower desires that the Lenders include any additional Eligible Property be included in calculations of the Borrowing BaseMaximum Loan Availability, the Borrower shall so notify the Administrative Agent in writing writing. No Property can be included in calculations of Maximum Loan Availability unless it is an Eligible Property and provide unless and until the Borrower delivers to the Administrative Agent with the following, in form and substance reasonably satisfactory to the Administrative Agent: