Aggregate Borrowing Base definition

Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.
Aggregate Borrowing Base means as of any date of determination, an amount equal to (i) the sum of the Brightpoint Borrowing Base and the Wireless Borrowing Base; less (ii) any Reserves except to the extent already deducted therefrom.
Aggregate Borrowing Base means the aggregate of the Borrowing Bases of all the Borrowers.

Examples of Aggregate Borrowing Base in a sentence

  • For purposes of calculating the Tranche A Borrowing Base, the Tranche B Borrowing Base and the Aggregate Borrowing Base, such calculation of Inventory shall be on a “first-in, first-out” basis.

  • For purposes of calculating the Tranche A U.S. Borrowing Base, the Tranche B Borrowing Base, the Canadian Borrowing Base and the Aggregate Borrowing Base, suchany calculation of Inventory shall be on a “first-in, first-out” basis.


More Definitions of Aggregate Borrowing Base

Aggregate Borrowing Base means on any date of determination, the sum of the Tranche A Borrowing Base, plus the Tranche B Borrowing Base.
Aggregate Borrowing Base means, as of any date of determination, the sum of the US Borrowing Base and the Dollar Equivalent of the UK Borrowing Base.
Aggregate Borrowing Base means the aggregate amount of the US Borrowing Base and the European Borrowing Base; provided that the maximum amount of the European Borrowing Base which may be included as part of the Aggregate Borrowing Base is the European Sublimit.
Aggregate Borrowing Base means, at any time, the aggregate of the Domestic Borrowing Base, the Canadian Borrowing Base and at all times after the Ex-Im Effective Date, the Export-Related Borrowing Base.
Aggregate Borrowing Base means, as of any date of determination, an amount equal to the sum of the Great Northern Borrowing Base and the H&E Borrowing Base.
Aggregate Borrowing Base means, as of any date of determination, an amount equal to (a) the U.S. Borrowing Base as of such date plus (b) the lesser of (i) the Canadian Sublimit and (ii) the Canadian Borrowing Base as of such date.
Aggregate Borrowing Base means (i) the U.S. Borrowing Base plus (ii) the lesser of (x) the Canadian Commitments and (y) the Canadian Borrowing Base.