Borrowing Base Adjustment Provisions definition

Borrowing Base Adjustment Provisions means Section 2.06(e), Section 8.13(c) and Section 9.11 in each case which may adjust (as opposed to redetermine) the amount of the Borrowing Base.
Borrowing Base Adjustment Provisions means Section 2.06(e), Section 8.13(c) and Section 9.10, in each case which may adjust (as opposed to redetermine) the amount of the Borrowing Base.
Borrowing Base Adjustment Provisions means Section 2.08(a), Section 2.08(b) and Section 2.08(c) and any other provision hereunder which adjusts (as opposed to redetermines) the amount of the Borrowing Base.

Examples of Borrowing Base Adjustment Provisions in a sentence

  • Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to the Borrowing Base Adjustment Provisions.

  • Generally, one sheriff’s deputy will be assigned to each weapons screening station.

  • We .......................(principal manufacturer)...................................

  • For avoidance of doubt, this provision does not limit the right of the parties to initiate Interim Redeterminations of the Borrowing Base in accordance with Section 2.07(c) of the Credit Agreement or any other Borrowing Base Adjustment Provisions and the Current Scheduled Redetermination shall not constitute an Interim Redetermination.

  • All PADEP sampling conducted at the School was outside of the School buildings.


More Definitions of Borrowing Base Adjustment Provisions

Borrowing Base Adjustment Provisions means Section 2.20(e), Section 5.11(b), Section 6.08(a)(vi) and any other provisions hereunder which expressly provide for adjustments of the amount of the Borrowing Base.
Borrowing Base Adjustment Provisions means Section 2.07(e), Section 2.07(f), Section 2.07(g), Section 9.12(d)(iii) and any other provision hereunder which adjusts (as opposed to redetermines) the amount of the Borrowing Base.
Borrowing Base Adjustment Provisions means S ection 2.06(e), S ection 8.13(c) and S ection 9.10, in each case which may adjust (as opposed to redetermine) the amount of the Borrowing Base.
Borrowing Base Adjustment Provisions means Section 2.07(e), Section 8.13(c) and Section 9.11(f) and any other provisions hereunder which adjust the amount of the Borrowing Base.
Borrowing Base Adjustment Provisions means Section 2.06(e), Section 8.13(c) and Section 9.10, in each case which may adjust (as opposed to redetermine) the amount of the Borrowing Base during any Borrowing Base Period. “Borrowing Base Deficiency” means, as of any date during a Borrowing Base Period, the amount, if any, by which (a) the sum of (i) the aggregate Revolving Credit Exposure on such date plus (ii) the aggregate principal amount of Permitted Pari Term Loan Debt at such time exceeds (b) the Borrowing Base in effect on such date. “Borrowing Base Deficiency Notice” has the meaning assigned to such term in Section 3.03(c)(ii). “Borrowing Base Period” means (a) initially, the period beginning on the Effective Date and ending on the last day immediately prior to the commencement of an Investment Grade Period and (b) thereafter, any period other than an Investment Grade Period. “Business Day” means any day that is not a Saturday, Sunday or other day on which commercial banks in New York, New York are authorized or required by law to remain closed; provided that, in relation to RFR Loans and any interest rate settings, fundings, disbursements, settlements or payments of any such RFR Loan, or any other dealings of such RFR Loan, any such day that is only a U.S. Government Securities Business Day. “Capital Leases” means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, recorded as capital leases on the balance sheet of the Person liable (whether contingent or otherwise) for the payment of rent thereunder. “Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent (as a first priority, perfected security interest), for the benefit of the Issuing Banks and the
Borrowing Base Adjustment Provisions means Section 2.20(e), Section 5.11(b), Section 6.08(a)(vi) and any other provisions hereunder which expressly provide for adjustments of the amount of the Borrowing Base. “Borrowing Base Deficiency” occurs if, at any time, the Total Credit Exposure at such time exceeds the Borrowing Base in effect at such time. The amount of the Borrowing Base Deficiency at such time is the amount by which the Total Credit Exposure at such time exceeds the Borrowing Base in effect at such time.
Borrowing Base Adjustment Provisions means Section 2.08(a) and Section 2.08(b) and any other provision hereunder which adjusts (as opposed to redetermines) the amount of the Borrowing Base. “Borrowing Base Deficiency” occurs, if at any time, the total Revolving Credit Exposures exceeds the Borrowing Base then in effect. The amount of the Borrowing Base Deficiency at such time is the amount by which the total Revolving Credit Exposures of all Lenders at such time exceeds the Borrowing Base in effect at such time; provided, that, for purposes of determining the existence and amount of any Borrowing Base Deficiency, obligations under any Letter of Credit will not be deemed to be outstanding to the extent such obligations are Cash Collateralized. “Borrowing Base Increase Amount” has the meaning assigned to such term in Section 3.05(d). “Borrowing Base Properties” means the proved Oil and Gas Properties that (a) are included in the Initial Reserve Report or thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12 and (b) are given Borrowing Base Value. “Borrowing Base Utilization Percentage” means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day. 4 007870-0083-15888-Active.27383864