Borrowing Base Deficit. A Borrowing Base Deficit shall exist and such condition shall continue unremedied until the earlier to occur of the next Distribution Date and the second Business Day after such Borrowing Base Deficit arose.
Appears in 4 contracts
Samples: Loan Agreement (Arvinmeritor Inc), Loan Agreement (Arvinmeritor Inc), Loan Agreement (Bowater Inc)
Borrowing Base Deficit. A Borrowing Base Deficit shall exist and such condition shall continue unremedied until the earlier date on which the prepayment of Advances equal to occur of the next Distribution Date and the second Business Day after such Borrowing Base Deficit aroseis required to be made pursuant to Section 4.1(d).
Appears in 3 contracts
Samples: Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp), Loan Agreement (Jarden Corp)
Borrowing Base Deficit. A Borrowing Base Deficit shall exist and such condition shall continue unremedied until the earlier date on which the prepayment of Advances equal to occur of the next Distribution Date and the second Business Day after such Borrowing Base Deficit aroseis required to be made pursuant to Section 4.1(e).
Appears in 1 contract
Samples: Loan Agreement (Jarden Corp)
