Compliance with Borrowing Base. The Borrower will not incur any Borrowing Base Debt if, after giving effect to such incurrence, and any concurrent repayment of Loans or Other Borrowing Base Debt, the aggregate principal amount of Borrowing Base Debt would exceed the Borrowing Base.
Appears in 4 contracts
Samples: Amendment Agreement (Thorn Apple Valley Inc), Credit Agreement (Thorn Apple Valley Inc), Senior Secured Seasonal Line of Credit (Thorn Apple Valley Inc)