Borrowing Base Requirement. Subject to Section 2.10, each Account Party shall at all times cause its respective Borrowing Base to equal or exceed the Letter of Credit Outstandings attributable to such Account Party at such time.
Appears in 4 contracts
Samples: Credit Facility Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD), Credit Facility Agreement (Validus Holdings LTD)