Common use of Minimum Borrowing Base Value Clause in Contracts

Minimum Borrowing Base Value. The Borrower shall at all times maintain a Borrowing Base Value of not less than $50,000,000.

Appears in 3 contracts

Samples: Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc)

AutoNDA by SimpleDocs

Minimum Borrowing Base Value. The Borrower Company shall at all times maintain a Borrowing Base Value of not less than $50,000,000.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (LTC Properties Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!