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 means a written notice, in the form of Exhibit A, to be used for each borrowing, repayment of each Advance or termination or reduction of the Facility Amount or Prepayments of Advances.
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 aggregate 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 a test that will be satisfied on any date of determination if the following is true: Where: AR =57%.
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 means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.
Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).
Borrower Agreement means the Export-Import Bank of the United States Working Capital Guarantee Program Borrower Agreement between Borrower and Bank.
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 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.