Borrower Reduction Date shall have the meaning set forth in Section 2.2.2.(b).
Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.
Reduction Date has the meaning set forth in Section 20.1B.
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.
U.S. Borrowing Base means, as of any date of determination, the result of:
Borrowing Agent means any of the following:
Mandatory Prepayment Date as defined in Section 2.12(e).
Borrower Representative has the meaning assigned to such term in Section 11.01.
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.
Borrowing Base Deficit means, at any time of determination, the amount, if any, by which (a) the Aggregate Capital at such time, exceeds (b) the Borrowing Base at such time.
Borrower Agent as defined in Section 4.4.
Borrowing Base Deficiency means, at any date on which the same is determined, the amount, if any, that (a) the aggregate Covered Debt Amount as of such date exceeds (b) the Borrowing Base as of such date.
Availability Date means the day after the end of the fourth fiscal quarter following the fiscal quarter that includes such Effective Time on which the Company is required to file its Form 10-Q for such fiscal quarter except that, if such fourth fiscal quarter is the last quarter of the Company’s fiscal year, “Availability Date” means the day after the end of such fourth fiscal quarter on which the Company is required to file its Form 10-K.
Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.
Tranche A Borrowing Base means, at any time of calculation, an amount equal to:
Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.
Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.
Non-Availability Charges has the meaning set forth in the CAISO Tariff.
Advances Outstanding On any day, the aggregate principal amount of all Advances outstanding on such day, after giving effect to all repayments of Advances and the making of new Advances on such day.
Borrowing Base means, at any time of calculation, an amount equal to:
Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.
Borrower Related Party As defined in Section 3.33 of this Agreement.
Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.
Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.
Overadvance Amount has the meaning specified therefor in Section 2.4(f).