Borrowing Base Date the most recent date as of which the U.S. Borrower has based a Borrowing Base Report to be delivered by the U.S. Borrower pursuant to Section 7.2(c).
Borrowing Base Date the most recent date as of which the Borrowers’ Agent has based a Borrowing Base Report to be delivered by the Borrowers’ Agent pursuant to Section 7.2(b).
Borrowing Base Date has the meaning attributed thereto in Section 2.8(b);
Examples of Borrowing Base Date in a sentence
The aggregate principal amount borrowed and outstanding under the Inventory Financing Sublimit Tranche on the Inventory Financing Sublimit Borrowing Base Date, after giving effect to any Inventory Financing Sublimit Borrowings designated on such Inventory Financing Sublimit Borrowing Base Date [pursuant to clause 2.
The following table sets forth true, complete and correct information related to Financed Eligible Inventory owned by the Borrower or any Restricted Subsidiary on the Inventory Financing Sublimit Borrowing Base Date.
This is the Inventory Sublimit Prepayment Amount for the Inventory Financing Sublimit Borrowing Base Date.
This is done 100 times, assessing the results by computing the averaged Mean Square Error MSE over the experiments.
The Borrower hereby requests the conversion of General Loans to, and designation of such Loans as, Inventory Financing Sublimit Borrowings as of the Inventory Financing Sublimit Borrowing Base Date in a principal amount equal to $[ ].
More Definitions of Borrowing Base Date
Borrowing Base Date means the first date after the Second Restatement Effective Date on which the conditions set forth in Section 4.03 have been satisfied.
Borrowing Base Date means October 31, 2003, if the Borrower shall not have consummated a Minimum Capital Raise on or before such date.
Borrowing Base Date means November 24, 2003.
Borrowing Base Date means the date that is one (1) Borrower Business ------------------- Day prior to the date of delivery of the Borrowing Base Certificate.
Borrowing Base Date means each date on which a Borrowing Base Certificate is delivered to the Administrative Agent pursuant to Section 4.01(q), Section 5.01(h), Section 5.14 (or, if later, the date on which the designation of the applicable Unrestricted Subsidiary becomes effective), Section 6.05(k) (or, if later, the date on which the applicable Disposition is consummated) or Section 6.05(ii) (or, if later, the date on which the applicable Disposition is consummated), as applicable.
Borrowing Base Date related letter of credit (or, if applicable, the maximum value of the related letter of credit after giving effect to any tolerance included therein, and the amount of such tolerance); (B) a schedule of each Eligible Account Receivable and Eligible Unbilled Account Receivable, listing the counterparty thereof, and each of the offsets and deductions to the amount of such Eligible Account Receivable or Eligible Unbilled Account Receivable, as applicable, including, if applicable, (1) the contra account balance thereof, (2) any offset or counterclaim resulting from trade liabilities, (3) the net marked-to-market net-off calculation of any losses applied to the Account Debtor after deduction for all margin monies received and/or paid and the details of any related letters of credit described in clause (A) above, (4) any Out of the Money Forward Contract Amounts applied thereto pursuant to clause (F) of the definition of “U.S. Borrowing Base” or “Kildair Borrowing Base”, as applicable) and (5) any adjustments described in the definitions of U.S. Borrowing Base or Kildair Borrowing Base, as applicable, to the extent applicable; and (C) with respect to each Eligible Account Receivable, other than Eligible Unbilled Accounts Receivable, to the extent applicable, an aging report in form and substance satisfactory to the Administrative Agent; (iii) for each of the U.S. Borrowing Base and the Kildair Borrowing Base, for Eligible Inventory, a schedule of (A) inventory locations, (B) Market Value and inventory volumes by location and type of Eligible Commodity, (C) if requested by the Administrative Agent, in the case of Eligible Hedged Petroleum Inventory and (in the case of the U.S. Borrowing Base) Eligible Hedged Natural Gas Inventory, evidence of the hedge as demonstrated to the reasonable satisfaction of the Administrative Agent in the Position Report delivered concurrently with the applicable Borrowing Base Report, (D) each of the offsets and deductions used in determining the value of the Eligible Inventory, including any exchange payable or other offsets and any adjustments described in the definitions of U.S. Borrowing Base or Kildair Borrowing Base, as applicable, to the extent applicable, (E) except to the extent covered by clause (F) or clause (G) below, available supporting documentation for the inventory volumes as of such Borrowing Base Date, (F) within thirty (30) days after each Borrowing Base Date with respect to a calendar month (provided that the U.S...
Borrowing Base Date the most recent date as of which the U.S. Borrower has based a Borrowing Base Report to be delivered by the U.S. Borrower pursuant to Section 7.2(c). “Borrowing Base Report”: a report certified by a Responsible Person of the U.S. Borrower, substantially in the form of Exhibit G, with appropriate insertions and schedules, showing the Aggregate Borrowing Base Amount, the U.S. Borrowing Base and the Kildair Borrowing Base, in each case as of the date set forth therein and the basis on which it was calculated, together with the following detailed supporting information: (i) for each of the U.S. Borrowing Base and the Kildair Borrowing Base, for Eligible Cash and Cash Equivalents, a statement as of the applicable Borrowing Base Date of the account balance, issued by each Cash Management Bank; (ii) for each of the U.S. Borrowing Base and the Kildair Borrowing Base, for Eligible L/C Backed Accounts Receivable, Eligible Tier 1 Accounts Receivable, Eligible Tier 2 Accounts Receivable, Eligible Unbilled Tier 1 Accounts Receivable, and Eligible Unbilled Tier 2 Accounts Receivable,