Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;
Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.
Canadian Borrowing Base means, at any time, an amount in Dollars equal to:
Borrower Notice has the meaning specified in Section 7.12(b)(iv).
Canadian Borrowers has the meaning specified in the preamble to this Agreement.
Borrowing Base Report means a report in substantially the form of Exhibit E (or such other form approved by Administrative Agent) certified by a Responsible Officer of Borrower.
Domestic Borrowing Base means, at any time of calculation, an amount equal to:
Borrower Representative has the meaning assigned to such term in Section 11.01.
Borrowing Availability means as of any date of determination the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the Revolving Loan and Swing Line Loan then outstanding.
Borrowers each has the meaning specified in the introductory paragraph hereto.
Foreign Borrowing Base means, as of any date, an amount equal to:
Borrower as defined in the preamble hereto.
Borrower Agent as defined in Section 4.4.
U.S. Borrowing Base means, as of any date of determination, the result of:
Borrowing Base Test means as of any date, a determination that (a) the lesser of (i) the Borrowing Base and (ii) the Facility Amount shall be equal to or greater than (b) the Advances Outstanding.
Borrowing Base means, at any time of calculation, an amount equal to:
Borrower Group means the Borrower and each of its Subsidiaries.
Borrowing Base Availability as of any date, the lesser of (a) the Commitments minus the Outstanding Amount and (b) the excess, if positive, of the Borrowing Base calculated in the most recently delivered Borrowing Base Certificate minus the Borrowing Base Debt on such date.
Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).
Borrower Agreement shall have the meaning provided such term in Section 3(a) hereof.
Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.
Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.
Designated Borrower Notice has the meaning specified in Section 2.14.
Canadian Borrower as defined in the preamble hereto.
UK Borrowers shall have the meaning assigned to such term in the preamble hereto.
Borrower Loan Documents shall have the meaning given such term in the Borrower Loan Agreement.