Common use of Borrowing Base Test Clause in Contracts

Borrowing Base Test. The Borrower shall not at any time permit (i) the aggregate Unsecured Indebtedness of the Trust, the Borrower and their Subsidiaries (including, without limitation, the Outstanding Loans) to exceed (ii) the Borrowing Base Availability.

Appears in 4 contracts

Samples: Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust)

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Borrowing Base Test. The Borrower shall not at any time permit (i) the aggregate Unsecured Indebtedness sum of the TrustOutstanding Revolving Credit Loans, the Borrower Outstanding Swing Line Loans, Outstanding Term Loans and their Subsidiaries (including, without limitation, the Outstanding Loans) Letter of Credit Liabilities to exceed (ii) the Borrowing Base Availability.

Appears in 2 contracts

Samples: Secured Master Loan Agreement (Ramco Gershenson Properties Trust), Secured Master Loan Agreement (Ramco Gershenson Properties Trust)

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Borrowing Base Test. The Borrower shall not at any time permit (i) the aggregate Unsecured Indebtedness of the Trust, the Borrower and their Subsidiaries (including, without limitation, the sum of the Outstanding Revolving Credit Loans, Outstanding Swing Line Loans, Outstanding Term Loans and Letter of Credit Liabilities) to exceed (ii) the Borrowing Base Availability.

Appears in 1 contract

Samples: Master Loan Agreement (Ramco Gershenson Properties Trust)

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